Union Bank of India Education Loan Details

    Updated on: 14 Nov 2023 6 min read

     

    One of the largest government banks in India, the Union Bank of India currently boasts over 9500 branches in the country. Union Bank of India amalgamated with the Corporation Bank and Andhra Bank on 1 April 2020. 

    Union Bank of India student education loans are offered to deserving and meritorious students wanting to go for higher education in India or abroad. Student loans from the Union Bank of India come with flexible repayment options and repayment periods start after the course completion.

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    What are the documents required for a Union Bank of India education loan?

    • Address proof: passport, voter ID, electricity bill, etc.
    • Academic record: 10th/12th mark sheet for undergrad students and graduation degree & mark sheet for PG students.
    • Age proof
    • Community certificate
    • Family income proof: ITR, salary certificate, pension certificate of parent/guardian.
    • Admission certificate or I20 from the college/university
    • Fee details
    • Collateral documents (if applicable): LIC policy, valuation certificate, registry documents, etc.
    • An affidavit declaring that no study loan is availed from any other bank by the student and his/her parent.

    At what locations in India can a student avail of a Union Bank of India education loan?

    Students can apply for a Union Bank of India education loan at any branch in or near his/her place of domicile.

    Also Try - Education Loan EMI Calculator Union Bank of India

    Does the Union Bank of India provide education loan for all types of degrees and disciplines?

    Union Bank of India offers education loans, diplomas, undergraduate courses, and postgraduate courses which offer professional and technical degrees in India and abroad.

    Looking for an education loan to study abroad? Contact GyanDhan and avail of abroad education loans from top government banks, private banks, and NBFCs. At GyanDhan, we have partnered with leading financial lenders in India to offer the best deal on study abroad loans. For both secured and unsecured education loans, you can check your loan eligibility and see if you are qualified for a study abroad loan. 

    Our loan assistance service is totally free of cost!



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Written by Rahul

A vampire hunter, a renowned archaeologist, and an Oscar-winning filmmaker... Rahul is none of them. He is just a curious soul whose interest in education and finance sectors goes beyond his journalism degree and the monthly salary.


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Reviewed by Aman Jain

Aman Jain graduated from IIT Kanpur, and currently functions as the CMO at GyanDhan. He is deeply passionate about creating equality in higher education and has directly interacted with 2 Lakh students in his 8-year-long journey.


Specializes in:
Education loan , Study Abroad Admissions


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