Can I get a student loan for studying abroad?

Student loans

Student loans for studying abroad are funds that you have to pay back. … You can get a student loan from the government or a private bank; it can be a bank from your home country or a foreign bank, in the country you wish to pursue your studies.

>> Click to read more <<

Likewise, people ask, can a poor student study abroad?

Some students might wonder how they can study abroad with less money in hand. … There are many similar questions that we have received from students like you. So will you be able to study abroad even if you don’t have sufficient money? The precise answer is – yes, you’ll definitely get to do that!

In this manner, can I get 20 lakhs education loan? The Credit Guarantee Fund for Education Loans (CGFEL) Scheme provides a guarantee for education loan dispersed by banks under the Model Education Loan Scheme of Indian Banks’ Association (IBA). … Under the CGFEL scheme you can get a loan up to Rs 10 lakh for study in India and up to Rs 20 lakh for studying abroad.

Beside above, can I get 50 lakhs education loan?

Educational loans in India can vary between Rs. 1 lakh to upwards of Rs. 30-50 lakh.

How much percentage is required for education loan?

The bank filed the present appeal saying candidates who have secured 60% marks and above alone are eligible to get education loan as they alone can be treated as meritorious candidates.

Is education loan a good idea?

The quantum of loan also takes into account the course fee and the total income of the student’s family. ​Who is eligible? A student can avail the loan with the parents or guardian taken as co-applicants. Basically, the soon-to-be student is the main borrower.

Is HDFC credila accepted for UK visa?

Embassy accepting HDFC Credila Education Loan:

An overseas education loan from HDFC Credila is the only NBFC that is accepted by all the country embassies. Right from USA, UK, Canada, Australia, New Zealand, Germany the education loan from HDFC Credila is accepted by all the major study overseas destinations.

Which bank is best for education loan for abroad?

Top Education Loans Providers in India for Study Abroad

  • HDFC Bank. HDFC Bank offers education loans with preferential interest rates for reputed universities. …
  • State Bank of India. …
  • Axis Bank. …
  • Punjab National Bank. …
  • Bank of Baroda. …
  • Canara Bank. …
  • IDBI Bank. …
  • Avanse Financial Services.

Which is the cheapest country for study?

10 of the Most Affordable Places to Study Abroad

  • Norway. …
  • Taiwan. …
  • Germany. …
  • France. …
  • Mexico. …
  • India. …
  • Argentina. …
  • Poland.

Leave a Comment