Eligibility

• The beneficiary should be from the minorities community i.e. Muslim, Sikh, Christians, Parsee, Buddhist and Jain.
• The beneficiary should be resident of State of Maharashtra.
• Age limit for Applicant must be between 16 to 32 years.
• The Colleges/Institutes in which you are studying that must be officially Approved by Central Govt./State Govt./AICT/UGC/ISC.
• (*Note: Those who Applying loan for Studying B.A/B.COM will not be Considered.)
  • Woman and Handicapped Applicant will be Preferable.
  • Income limit : upto 2,50,000/-

Required Document of Guarantor

• Color Passport Size Photo.
• Photo ID Proof (Election Card / Pan card / Passport / Aadhaar Card / Driving License).
• Aadhaar Card
• Residential proof (Election Card/ Passport / Driving License / Domicile Certificate / Electricity Bill).
• Affidavit (in Prescribe format)
• Income Proof (any one)
  • for Govt. Servant : Salary Slip Certificate, Office ID Card and PAN Card
  • for Businessman : last 3 years IT Return Certificate and PAN card
  • for Property holder Guarantor : copy of 7/12, Valuation Certificate

Required Document of Applicant

• Color Passport Size Photo of Applicant
• Photo ID Proof (Election Card / Pan card / Passport / Aadhaar Card / Driving License).
• Residential proof (Election Card/ Passport / Driving License / Domicile Certificate / Electricity Bill).
• Date of Birth Proof (School Leaving Certificate / Birth Certificate / Passport).
• S.S.C. Passed Details (like Board, Seat No., Obtain %, Grade etc.)
• H.S.C. Passed Details (like Board, Seat No., Obtain %, Grade etc.)
• Xerox Passing Certificate of Previous Year.
• Fee Structure including College Fee, Mess, Hostel, Stationary.
• Bonafide Certificate.
• Xerox Copy of Bank Passbook.

Required Document of Co-Applicant (Parent)

• Color Passport Size Photo of Parent.
• Photo ID Proof (Election Card / Pan card / Passport / Aadhaar Card / Driving License).
• Residential proof (Election Card/ Passport / Driving License / Domicile Certificate / Electricity Bill).
• Income Certificate (issued by Tahseeldar / Collector )
• Date of Birth Proof (School Leaving Certificate / Birth Certificate / Passport).
• PAN Card
• Aadhaar Card
• Affidavit (in Prescribe format)

Process

For apply education loan please visit to our website www.mamfdc.org, click on Online Education From link and follow the instruction.