Education Loan Bonafide Letter Request

When and how to use this letter

Request the certificate the moment the bank gives you its document checklist, not after you have submitted everything else. The bonafide certificate is the one document only the college can produce, so it should be the first thing you chase, since banks take weeks to process loans and every day of delay costs you. Address the request to the registrar or the student affairs office, whichever issues certificates in your institution, and mention the bank's name so the letter can be addressed correctly.

Specify exactly what the certificate must contain: your full name, registration number, program name, course duration with start and end years, and the year-wise fee breakup. Bank loan departments reject bonafide letters that mention only enrollment without the fee details, and a rejection means a second trip to the college. Ask the issuing office to print it on the official letterhead with a signature and round stamp, since banks do not accept plain printouts.

The precaution experienced borrowers take: ask for two original copies, not one. Banks frequently keep one original in the loan file and ask for another during disbursement, and returning to the college for a second copy weeks later costs precious time. Collect the certificate in person rather than waiting for it to be mailed, verify every figure on it before leaving the counter, and submit it to the bank the same day. Keep a scanned copy for your own records.

Frequently asked questions

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