1) GOOD ACADEMIC CARRIER
- 1) This is the most important thing to get an education loan, because this will consider as the first impression of the student in the front of bank managers.If yo have the good marks then you are almost at the edge of getting the loan from the bank.
2) Usually 70% marks will consider as the base of getting the loan without any trouble if you have more than that, then hip hip hurry.
2) GETTING POPULAR COLLEGE
If you are taking admission in the good college then it can boost your chances of getting the more amount of loan easily..
for example if I am taking the admission in Oxford university or IIT(INDIA) so the bank will come to know that, after completing the education the chances of the getting the job or source of income will be definate by his customer. so they don't feel any trouble in giving the loan.
3) DEFINITE SOURCE OF INCOME
This is the optional thing and can be vary bank to bank,
The bank manager wants the security from us in terms of definite source of income in the house where we live. Because they make the estimations like if i Am unable to pay the loan or in case if i dont got the job so how to get back the money from you. I have experience in the SBI bak in terms of not getting loan bacause they want definite source of income with salary slip but I am unable to give them any salary document so that's why i didn't got the loan but, they gives the best loan service the the market if WE provide the proper KYC.
The other exception is which many banks do for the security, they takes our academic details and the proof so that in case of fraud is registered then they can track us, and behalf of that they gives us loan...
These are the top 3 reasons by looking status of these situations the banks are going to give you loan....