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Reliance Finance Educational Loan
Reliance Finance Educational Loan
The information you provided outlines the corporate background and recent developments related to M/s Reliance Commercial Finance Limited (RCFL) and its acquisition by Authum Investment & Infrastructure Limited. Authum, a registered NBFC, acquired RCFL in accordance with a resolution plan approved by the Reserve Bank of India's Prudential Framework for Resolution of Stressed Assets.
Authum emphasizes its commitment to supporting the growth of individuals and businesses in the Indian economy. The company aims to provide financial solutions to empower Small and Medium Enterprises (SMEs) and retail consumers, enabling them to realize their true potential and become self-reliant entities.
Documents Required
  • Loan Application Form
  • Proof of Identity
  • Proof of Residence
  • Academic Records
  • Admission Letter
  • Course Details
  • Collateral Documents
    For Co-borrower/ Guarantor (usually parents):
  • Proof of Identity
  • Proof of Residence
  • Income Proof (Salaried)
  • Income Proof (Self-employed)
  • Guarantor Form
  • Photographs
  • Eligibility Criteria
  • The applicant should be an Indian citizen.
  • The age of the applicant usually falls between 16 and 35 years. However, this can vary among lenders.
  • The applicant should have secured admission to a recognized course in India or abroad.
  • Most educational loans require a co-borrower, usually a parent or guardian. In some cases, a spouse or other family member may also be considered.
  • The course for which the loan is sought should be from a recognized institution or university.
  • The eligibility criteria often depend on the type of course, such as undergraduate, postgraduate, vocational, or professional courses.
  • Depending on the loan amount, lenders may require collateral or a third-party guarantee.
  • The applicant or co-borrower should demonstrate the ability to repay the loan. This may involve assessing the financial stability, income, and credit history.
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    Addess & Contact Details
    Address: Reliance Finance Limited, Kamaladi, Kathmandu-01, Kathmandu Metropolitan, Bagmati Pradesh, Nepal.
    Email ID: [email protected]
    Phone No.: +977–01–5361104, 5323117, 5361041, 5361167, 5903698
    How To Apply
    Here are the steps to follow for availing an education loan:
    1. Visit our official website.
    2. Click on the "Register" option.
    3. Log in to your account to access more information about the loan.
    4. Contact us through the address provided below or via phone call for further assistance.
    5. Seek guidance from our loan officers for personalized advice and assistance.
    6. Submit your loan application at our office as per the guidelines provided by the loan officer.
    Note: "As a free user,"
    →'You're encouraged to share this valuable information with your friends to access the link properly.'

    20,00,000

    Reliance Finance Educational Loan
    SCHOLARSHIP PROVIDER
    Reliance Finance Limited
    APPLICATION DEADLINE
    31 December
    EDUCATION LEVEL
    All
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    The information you provided outlines the corporate background and recent developments related to M/s Reliance Commercial Finance Limited (RCFL) and its acquisition by Authum Investment & Infrastructure Limited. Authum, a registered NBFC, acquired RCFL in accordance with a resolution plan approved by the Reserve Bank of India's Prudential Framework for Resolution of Stressed Assets.
    Authum emphasizes its commitment to supporting the growth of individuals and businesses in the Indian economy. The company aims to provide financial solutions to empower Small and Medium Enterprises (SMEs) and retail consumers, enabling them to realize their true potential and become self-reliant entities.