Key Features & Benefits
- Loan Amount up to ₹3 Crores
- Collateral free up to ₹50 Lakhs
- Repayment tenure up to 15 years
- Simple Interest during course & moratorium
- Tax deduction under Section 80(E)
- Processing Fee ₹10,000/- per application
Eligible Courses – Studies Abroad
- Graduate Degree
- Post Graduate Degree
- Diploma / Certificate Programs
- Doctorate Courses
- All disciplines from recognized foreign universities
Eligible Countries
- USA, United Kingdom, Canada, Australia
- Singapore, Japan, Hong Kong, New Zealand
- Germany, France, Netherlands, Italy
- Sweden, Switzerland, Denmark, Finland
- Austria, Norway, Poland, Portugal
- Czech Republic, Estonia, Spain, Ireland
Eligible Expenses
- Tuition & Examination Fees
- Library & Laboratory Fees
- Travel & Accommodation
- Books, Equipment & Instruments
- Study Tours & Project Work
- Caution Deposit & Insurance
Interest & Repayment Terms
- Simple interest during course period
- Moratorium: Course duration + 6 months
- EMI fixed after moratorium
- Prepayment allowed without penalty
- Maximum tenure 15 years
Document Checklist
- PAN Card & Passport
- 10th & 12th Marksheet
- Admission Letter
- Entrance Exam Result
- Income Proof (Salary Slip / ITR)
- Bank Statements (Last 6 Months)
Apply for Education Loan
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