What are the eligibility criteria for a student loan?

In India, the eligibility criteria for a student loan can vary depending on the lender, but generally, the following criteria must be met:

1. Citizenship: The applicant must be an Indian citizen.
2. Age: The applicant must be at least 18 years old.
3. Academic record: The applicant must have a good academic record and be accepted into a recognized institution for the course they plan to pursue.
4. Coborrower: Most lenders require a coborrower such as a parent, guardian, or spouse, who has a stable income and good credit history.
5. Income: Some lenders may require the applicant or coborrower to have a minimum income level to be eligible.
6. Loan amount: The loan amount will depend on the cost of the course, institution, and the lender's policies.

It's important to check with the lender for their specific eligibility criteria before applying for a student loan.