Who can apply for an LIC Loans Education Loan?

The eligibility criteria are as follows:

  •   The applicant and co-applicant should be over 18 years of age for LIC Loans Education Loan and citizen of India(Identity Proof – Aadhaar, Passport / Driving License / Voter ID / PAN)
  •   The student needs to have secured at least 50% marks for LIC Loans Education Loan during HSC and graduation
  •   The student needs to have obtained admission for LIC Loans Education Loan to career-oriented courses viz. Medicine, Engineering, Management, etc., either at the graduate or post-graduate level
  •   Secured admission in India or abroad from a recognized college for LIC Loans Education Loan/ education institutions in India through entrance test/merit based selection process for LIC Loans Education Loan post completion of HSC (10+2), is a must
  •   The co-applicant, such as parent(s) or guardian, need to have a regular source of income


  • Allahabad Bank