Incred Education Loan

Eligibility Criteria For Incred Education Loan Abroad

1. Eligibility Criteria for Borrower

   1. The applicant must be 18 years or older.
   2. The applicant must be an Indian citizen.
   3. The applicant must have an admission in a recognised foreign university.
   4. The applicant must have completed relevant standardised exams like GRE, GMAT, TOEFL, or IELTS, or have a university waiver letter.

2. Eligibility Criteria for Co-Borrower

   1. The co-applicant must be a close blood relative of the applicant, such as a parent or sibling.
   2. The co-applicant must be actively employed and must have filed Income Tax Returns for the previous 2-3 years.
   3. A favorable CIBIL score is also required.
   4. The co-applicant must have a favourable CIBIL score.

3. Eligible Countries

   1. USA
   2. UK
   3. Canada
   4. Singapore
   5. New Zealand
   6. UAE
   7. Germany
   8. Ireland
   9. Australia

Documents Required

4. For Applicant:

   1. KYC documents including Aadhar card, PAN card, and Passport.
   2. A recent coloured photograph.
   3. Mark sheets for 10th, 12th, and Graduation.
   4. Scores from English proficiency tests (IELTS, TOEFL, PTE) or a waiver letter from the university.
   5. Entrance exam results (GRE, GMAT, SAT, ACT, CAT, etc.) or university waiver letter.
   6. The acceptance letter from your College/University, if received.
   7. Any scholarship award letters, if applicable.
   8. The last three months' salary slips, for employed applicants.