A joint declaration by the student and co-borrower (usually a parent) confirming no other loan for the same course exists, and other standard loan undertakings. Generate yours free.
Why "No Other Loan" Matters
Banks confirm you haven't already taken an education loan from another bank for the same course - this prevents duplicate financing, and matters especially if you're applying for an interest subsidy scheme like CSIS, which has its own eligibility checks.
Generate this affidavit now
Fill in your course, institution, loan amount, and bank - get it ready to sign jointly with your co-borrower.
Open Education Loan Affidavit Generator →Explaining a Gap Year in the Loan Context
If there's a break between your last qualification and this course, many banks want that explained as part of the loan documentation - similar reasoning to a standalone gap certificate, but folded into this affidavit rather than needing a separate document.
What Stamp Paper Value Do You Need?
This varies by state and by the specific bank's own format - confirm the exact value with your bank before printing.
This is a reference format, not legal advice. Individual banks may have their own specific format requirements - check with your lending bank before submitting.
Education Loan Affidavit के बारे में हिंदी में जानकारी
Bank education loan के लिए student और co-borrower साथ में यह affidavit-cum-undertaking देते हैं, जिसमें confirm होता है कि कोई और loan उसी course के लिए नहीं लिया गया। यहाँ free में बनाइए।