Apna Loan Bazaar Rating by Users


4.5 / 5 out of 1920 users


"Peaceful Loan disbursement and excellent Loan services."
- Punnam, Hydrabad
"Simple documentation, timely guidance helped me to get the desired loan amount, good support from Apna loan Bazaar."
- Pavan, Chennai
"Simple, convenient and fast services."
- Langrakar, Mumbai
"No time to roam out for home loans, team Apna Loan bazaar services are timely and accurate moves made me delight on my loan part, keep up the good work and maintain the relationship, I would suggest Apna Loan Bazaar for all your loan requirement."
- Akash Jadav, Amhedabad
"Never Imagined short time of processing of home loan through Apan Loan Bazaar."
- Bupesh Kumar Saxena, Bangalore
"Fast service, exact eligibility information, great effort of Apna Loan Bazaar made me proud House owner, i would like to thank Apna Loan Bazaar Team for a timely service."
-  Khirud Sonawal, Chennai
"Excellent loan services after loan disbursement, monthly EMI reminders and up to date loan outstanding is a really impressive thought and easy accessible of team upon requirement, wishing you all the best for future growth of Apna Loan Bazaar."
- Swapnil, TCS, Mumbai
"Timely loan service and upon follow-ups on free time and convenient approach of the team made ease of my loan disbursement."
- Amarender Reddy, Hyderabad
"I will recommend Apna Loan Bazaar for all loan requirements for its expert services on the field."
- Nidhi Gupta, Delhi
"Availed best interest rate from the bank on my personal loan application with the help of Apna Loan Bazaar, I can recommend this website for loan services."
- YHS Srinivas, Vizag
      Why Apna Loan Bazaar?
  * Multuple loan offers from different bank
    with a Single click

  * Assured  hassle  free  loan process  with
    Apna Loan Bazaar

  * Industry Best Real time eligibility

  * Dedicated Relationship  officer for each
    loan application for smooth process

  * Complete free Loan Assistance/
    guidance throughout loan tenor

  * Lowest possible rate of interest for each
    loan application with Apna Loan Bazaar

      Choose Loan offers from

       www.apnaloanbazaar.com certified
       Safety For your Privacy and Security
TRUSTe Certified Privacy Seal  
Repayment of Educational Loans

Your education loan is often the first liability of your credit history with the Bank.

Do not default on your education loan. Defaulting on your education loan will make it very bad impact on your CIBIL Score, it is difficult for you to repair your CIBIL credit history after defaults the Educational Loan. Defaulting shows that you have failed the first credit test that you have been availed. Students, who have taken loans without any collateral, may assume that simply relocating from the address they have submitted to the bank means that they can get away from not paying their loan. This is not true.

When you take a loan, the bank submits your details to a credit bureau such as CIBIL and that's when you are entered into credit records. Your credit report has your name, address, and all your credit history (any credit cards you have owned, a personal loan you have taken and so forth).

Once you are registered with any of the four credit bureaus: CIBIL (you don't have to register, the banks will do that. You don't have a choice), all your details will be available to any banks from the credit bureau.

Try and service your interest during the study and holiday period. This may mean getting a part-time job. It may not be possible if you are studying in India but abroad it can be done.

If you can't make a payment on your own, borrow from family and friends. We cannot stress on how important it is that you don't default on your education loan.

If you get a job before the holiday period is over, service the interest. Start paying the loan only once you have been confirmed.

Do not make use of the entire duration of the loan period to pay off your loan. It suggests that you take too much time to pay off your debt. If you have a 7 year period, try and pay it off in 5 years.

Required documents/KYC documents to apply for education loan:


    1. Signed Application form
    2. Two Passport Size Photos - Applicant and Co-Applicant
    3. Photo ID - Applicant and Co-Applicant (Any one of the following)
            •   PAN educationd
            •   Passport
            •   Driving License
            •   Voters ID
            •   Employee ID
            •   Photo ID issued by the Central Govt. or State Govt.
            •   Bankers Verification/ Bank Passbook with photograph of account holder attested by bank
    4. Residence Proof - Applicant and Co-Applicant (Any one of the following)
            •   Passport With Address
            •   Bank Statement With Address
            •   Driver's License with Address
            •   Utility Bill (Not older than 3 months)
            •   Telephone Bill (Not older than 3 months)
            •   Ration educationd
            •   Latest LIC Premium Receipt (Not older than 3 months)
            •   Leave and License Agreement supported with an address proof / utility bill in the name of the
            •   Voter's ID educationd
    5. Academic Documents of Student
            •   Marksheet/Certificate of 12th Exam
            •   Marksheet/Certificate of Subsequent Years of Education e.g. BE, BCom, BSc, etc.
            •   Marksheet of Any Entrance Exam Taken e.g. CAT, CET, etc. (If applicable)
            •   GRE/GMAT/TOFEL/LETS, etc Marksheets For US Applicant
            •   Scholarship Documents (if applicable)
    6. Proof Of Admission (If available)
            •   Printed Admission Letter From the Institute on its Letterhead With Institute's Address
            •   I-20 Form for the USA Applicant (If any)
    7. Last 8 Months Bank Statements of Co-Applicant (If more than one bank account, provide copies of all)
         Make sure to include the bank statements of the Bank Account where Salary or Business or
        Professional receipts are credited every month.
    8. Income Proof of Co-Applicant


In case of Salaried Employee (All the following)
    •  Latest 3 Salary Slips or Salary Certificate on Employer's Letterhead
    •  Last 2 year's Form 16 from Employer or Last 2 Year's Income Tax Returns
    •  Any Other Income Proof That is Not Reflected in the Above Documents


In case of Self Employed or Professional (All the following)
    •  Last 2 Year's Income Tax Returns
    •  Last 2 Year's Certified Financial Statements or Provisional Financial Statements Duly Certified by CA
    •  Proof Of Office (any one of the following, Lease Deed, Utility Bill, Title Deed, etc.)
    •  Any Other Income Proof That is Not Reflected in the Above Documents