Affidavit for Education Loan

Why Do You Need an Affidavit for Education Loan?

An affidavit for an education loan establishes your credibility, supports your application, and creates a legally binding commitment to the lender.

• Establishing Credibility: Shows your genuine intent to use the loan for higher education and your ability to repay.
• Supporting Documentation: Validates financial details, educational background, and repayment plan for smooth loan processing.
• Legal Binding: Creates a legal contract with the lender, ensuring honesty and commitment while protecting against penalties for false information.

Why Choose NoBroker for Your Affidavit Format for Education Loan?

Experience a fast, reliable, and fully guided affidavit service that ensures your education loan affidavit is accurate, legally compliant, and hassle-free.

Fast and Convenient Process

NoBroker simplifies the process of creating a notary affidavit for an education loan. From filling out forms to receiving the notarised affidavit, we ensure a smooth and hassle-free experience.

Expert Assistance

Our legal experts guide you at every step, ensuring that the format of the affidavit for the education loan adheres to all legal requirements and is free of errors.

Affordable Service

We offer competitive pricing for creating affidavits, ensuring you get quality service without overpaying.

Digital & Printable Formats

NoBroker provides affidavits in both digital and printable formats, allowing you to choose the most convenient option based on your needs.

Step-by-Step Process for Creating an Affidavit for Education Loan

Follow this simple, guided process to quickly generate a legally valid education loan affidavit with expert review and secure notarisation.

• Fill Out the Form: Provide accurate details about yourself, your educational background, and your loan requirements using our online affidavit format for education loan.
• Review and Verification: Our experts will review the information provided to ensure it meets all legal and lender-specific requirements.
• Payment and Notarization: Complete the payment process, after which your loan affidavit format will be notarized by an authorized professional to ensure legal validity.
• Receive Your Affidavit: Once your student loan documents are notarized, you will receive the notary affidavit for education loan in your preferred format, ready for submission to the lender.

Documents Required for Affidavit Format for Education Loan

• A valid ID proof (e.g., Aadhaar Card, Passport)
• Address proof
• Admission letter from the educational institution
• Loan sanction letter (if applicable)
• Academic certificates or records

Affidavit Format for Education Loan

We, Sri/Smt. _______________________________________________________________, (1) Son/Daughter of _____________________________________________________ (Name of Father), aged around ____________ years old.

(2) ______________________________________ (Name of Son/Daughter) aged around _________ years old. The following is a solemn affirmation and statement made by the son/daughter of ____________________________________, both of whom reside at _______________________________________________________________________.

• That we, the aforementioned deponents, are permanent residents of the address mentioned above.
• That, during the term ____________________, I, the deponent No. 2, have been chosen to enroll in and/or join the ________________________________________ course in the College/Institute ________________________________________.
• That, in order to pursue the aforementioned course, neither of the deponents has taken out an education loan from a bank or any other financial institution.
• That, individually and collectively, the deponents thus declare that we have never missed a loan payment.
• That, as deponent No. 1, I now declare that I will reimburse the State Bank of India for any damages incurred in the event that a loan is approved for deponent No. 2, my biological ward.
• That, in order for a study loan to be approved in the combined names of deponent No. 2 and deponent No. 1, this affidavit must be presented to the State Bank of India (Branch).
• That, on behalf of deponent No. 2, we, the deponents, hereby certify that she is not getting any funding for this course from the organization or any other source, including scholarships or fellowships.
• To the best of our knowledge and belief, the facts mentioned above are accurate.

Identified by me

Parent/Daughter 1. _______________________________
Daughter/Son (Parent) 2. __________________________
Advocate, City
(Dependents)

SWORN BEFORE ME
___________________________ (City) NOTARY PUBLIC

Creating a notary affidavit for an education loan doesn’t have to be a cumbersome process. NoBroker offers a fast, reliable, and affordable way to create legally sound affidavits tailored to your needs. With our expert assistance and commitment to quality, you can ensure a smooth loan application process. We also provide professional notary services to verify and notarise your education loan affidavit, making it legally valid and lender-ready.