An overseas education loan is a financial support facility that helps students cover tuition fees, living expenses, travel costs, and other related expenses while studying abroad.
Students who have secured admission to recognized universities or colleges abroad are eligible. The applicant should usually be an Indian citizen with a co-applicant (parent/guardian) who has a stable income.
Our loans cover:
Loan amount depends on the university, course, country, and applicant profile. Generally, loans up to ₹10 Lakhs to 1.5 Crores are available without collateral, and higher amounts can be availed with collateral.
Usually, parents, guardians, siblings, or spouse can be co-applicants. The co-applicant must have a stable source of income and a good credit history.
Interest rates vary depending on loan amount, course, university, and whether the loan is collateral-based. We ensure competitive rates with flexible repayment options. (usually ranging between 8-13 APR)
Repayment generally starts 6–12 months after course completion (moratorium period). Tenure can extend up to 10–15 years, depending on the loan type.
Once all documents are submitted, loan approval can take anywhere between 2 to 5 working days.
Commonly required documents include:
Yes, you can apply for a pre-approval loan to strengthen your financial proof during university applications.
Yes, apart from loans, we guide students on scholarships, loan subsidies, and smart repayment planning to minimize the financial burden.
Yes, we offer flexible prepayment options with minimal or no foreclosure charges.
Yes, our services are available both online and offline. Students and parents can complete the process with our dedicated loan counsellors from anywhere.
