Study Abroad Education Loan

Updated: Jan 19

Education loan in India is offered by banks and other financial institutions to help students achieve their academic goals and dreams. Education loans are offered for higher education in both India and abroad.

Education Loan Eligibility :

Expenses Covered by the Education Loan :

· Tuition fees

· Hostel fees

· Travel expenses passage money for students studying abroad

· Insurance premium

· Cost of books/equipment/instruments/uniform

· Examination/laboratory/library fees

· Cost of a computer/laptop required for course completion

· Caution deposit, building fund/refundable deposit supported by institution bills/receipts

· Any other expense required to complete the course such as study tours/thesis/project work

Study Abroad Education Loan in India is provided by various financial institutions.

1. Nationalized and Private Banks.

2. NBFC - Non Banking Financial Companies

3. International Banks

Education Loan Details
Nationalized and Private Banks

Education Loan - NBFC India
NBFC - Non Banking Financial Companies

Education Loan - International Banks
International Banks

Education Loan Features & Benefits :

Cover 100% cost of Education

Tax Benefit u/s 80E of Income Tax Act

Doorstep Service

Lowest Interest rates

Loan without collateral also available

Dedicated Loan Manager

Hassle-free and quick process

Download the SOP Guide

SOP Guide - msmbasop
PDF • 185KB