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What is the criteria for a co-applicant for an education loan?

17 Jun 2026 · Answered by Thaiba Nazreen · 1 min read
Thaiba Nazreen
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A co-applicant is usually required for an education loan to strengthen your application. Most lenders expect the co-applicant to meet these criteria:

- Indian citizen
- Age 21-70 years (at loan origination/maturity; subject to change)
- Stable income from job, business, pension, or rentals
- Good credit score (typically 650+)
- Required documents: ID/address proof, income proof, and bank statements

Exact requirements can vary by lender and are subject to change. For guidance specific to your situation, connect with your LeapScholar counsellor.

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