TMU Education Loan
At TMU University, we value and celebrate the diverse financial backgrounds of our students. We understand that each individual may face unique financial challenges, and our dedicated team is here to provide personalized support. Our mission is to ensure that you have access to the necessary resources and assistance to pursue your education without interruption. By addressing and alleviating financial barriers, we strive to empower you to achieve your academic goals seamlessly and without compromise.
Benefits of the education loan
The loan covers all courses offered by TMU and is processed quickly for applicants. The Punjab National Bank (PNB) branch located on the TMU campus can sanction the loan, regardless of the student's location. For example, a student applying to Punjab National Bank branch, located at TMU Campus, Moradabad (Uttar Pradesh) but staying at Dehradun, can apply to the PNB Branch at TMU Campus and communicate to the Dehradun Branch for disbursement after due verification and signing of documents. Loans are being sanctioned at a concessional rate of interest as compared to the normal scheme of PNB. The student can cover all his expenses e.g. hostel, stationery etc. while applying for a loan.
Government of India Education Loan Assistance
Illustrative List of Papers / Documents Required for Education Loan
- Admission letter from the university detailing the year-wise fee structure, boarding and lodging expenses, along with a letter confirming any scholarship, if applicable.
- Attested copies of documents for proof of age/date of birth and proof of residential address.
- Passport-size photo of the applicant, co-obligants, and guarantors.
- Copy of mark sheet/degree certificates of previous academic qualifications.
- Income proof/latest income tax return of parents/co-obligants, guarantors. (if any)
- Details of collateral security along with valuation certificate of Govt approved valuer (if any).
- Details / statements of Bank accounts held with State Bank of India / other banks by the student applicant / co-obligant (s) /guarantors (if any) for the last six months
- Copy of Passport/Visa, cost of airfare (documentary detail) in case of studies abroad.