Notary Affidavit for Educational Loan from Bank PDF Format

When applying for an educational loan, most Indian banks require a Notarized Affidavit as part of the verification process. This affidavit acts as a legal declaration by the student or parent, confirming the authenticity of submitted details such as income, admission, or repayment assurance.

If you’re looking for the Notary Affidavit for Educational Loan from Bank in PDF format, this guide explains its purpose, required content, and where you can download ready-to-use affidavit samples in PDF format.

What Is a Notary Affidavit for Educational Loan?

A Notary Affidavit is a legally verified statement signed before a Notary Public. For educational loans, it helps banks ensure:

• The applicant’s identity and income are genuine.
• The loan will be used only for educational purposes.
• The parent or guardian guarantees repayment.

Banks such as SBI, Canara Bank, HDFC, Federal Bank, and others often ask for this notarized document while sanctioning study loans.

Download Notary Affidavit for Educational Loan in PDF Format

You can download verified and editable formats of the affidavit from the following trusted sources:

Sample Format of Educational Loan Affidavit

Below is a sample structure of the Notary Affidavit for Educational Loan:

From,

………………………………

To,
The Branch Manager
……………………….

AFFIDAVIT

EDUCATION LOAN FOR Rs.

We/I solemnly affirm that we / I have not availed any other education loan from any other Banks / Financial institutions to pursue higher studies. In case our / my affirmation prove wrong, We/I undertake that the above education loan will be closed immediately and we / I are /am liable and responsible for the consequence.

Yours faithfully,

…………………..

Name (Guardian) with Signature:

Name (Student) with Signature:

How to Prepare a Notary Affidavit for Educational Loan

Follow these steps to create a valid affidavit:

1. Write or print the affidavit on ₹10 or ₹20 stamp paper.
2. Include complete personal details of applicant and parent/guardian.
3. Mention bank name, branch, and loan purpose.
4. Sign the document in front of a Notary Public or Advocate.
5. Get notarized with seal and signature of the notary.
6. Attach supporting documents such as admission letter or ID proof.

Why Banks Ask for a Notary Affidavit

Banks demand notarized affidavits to:

• Prevent false claims or fake applications.
• Confirm income details of the co-applicant.
• Ensure accountability of parents or guardians.
• Establish legal liability in case of default.

It’s an important step in educational loan processing, especially for students applying under government-backed loan schemes.

Documents Usually Attached with the Affidavit

• Admission letter / Bonafide certificate
• PAN / Aadhaar card of parent & student
• Income certificate or salary slip
• Copy of fee structure from institution
• Bank account proof

Pro Tips Before Submitting the Affidavit

✅ Use the latest 2025 affidavit format provided by your bank.
✅ Ensure the name matches exactly with other documents.
✅ Get it notarized only by a licensed Notary Public.
✅ Keep two attested copies for future reference.
✅ Upload the PDF version when applying through bank portals.

Frequently Asked Questions (FAQs)

A Notary Affidavit for Educational Loan from Bank is an essential document that ensures the authenticity of your student loan application. It acts as a legal proof for banks to verify your details and loan purpose.

📥 Download your ready-to-use Notary Affidavit for Educational Loan PDF Format now from www.pdfcollections.in and submit it with confidence to your bank for loan approval.