An education loan for studying abroad covers tuition, accommodation, and living expenses—offering low interest rates, flexible terms, fast approval, and full support to help you achieve your academic goals.
Enter your loan amount, interest rate, and tenure, and instantly see your estimated monthly installments. Our calculator tool helps you decide your loan amount and repayment schedule.
Loan Amortization Schedule (Yearly/Monthly)
Fill out a brief application with your details and loan requirements.
Compare loan offers from multiple lenders based on several factors.
Choose the best loan option and secure funding for your studies abroad or in India.
Upto 1.5Cr
10.25% - 12.5%
Secured: Up to 3 weeks Unsecured: Up to 1 week
0.75% - 1.25%
Upto 1.5Cr
10.5% - 13%
Secured: Upto 3 weeks Unsecured: Upto 1 week
0.75% - 1.25%
Upto 85L
11% - 12.75%
Upto 1 week
0.75% - 1.25%
Upto 1Cr
11.25% - 12.75%
Secured: Up to 3 weeks Unsecured: Up to 1 week
0.75% - 1.25%
Upto 75L
11% - 12.75%
Secured: Up to 3 weeks Unsecured: Up to 1 week
0.85% - 1%
Upto 1Cr
10.75% - 12.5%
Secured: Up to 3 weeks Unsecured: Up to 1 week
0.75% - 1%
Upto 3Cr
9.25% - 12.5%
Secured: Up to 3 weeks Unsecured: Up to 1 week
0.75% - 1%
Upto 1Cr
9.5% - 12.5%
Secured: Up to 3 weeks Unsecured: Up to 1 week
0.75% - 1%
Upto 75L
11.25% - 12.5%
Secured: Up to 3 weeks Unsecured: Up to 1 week
0.75% - 1%
Upto 1.5Cr
9.25% - 12.5%
Secured: Up to 3 weeks Unsecured: Up to 1 week
0.75% - 1%
Upto 1.5Cr
8.25% - 11%
Secured: Up to 3 weeks Unsecured: Up to 2 weeks
Secured: Rs. 20,000 Unsecured: Rs. 10,000
Upto $220k
8.47% - 13.5%
Automated process
500 USD + 4%
Upto $100k
9.5% & 9.99%
Up to 1 week
1% + 2%
Upto $100k
10.5% - 12.75%
Up to 1 week
200 USD + 2%
Upto $100k
9.99% - 14.99%
Automated process
6.50%
To obtain a study abroad education loan, students must meet multiple criteria. These can vary slightly between banks and NBFCs granting education loans for studying abroad.
The applicant must be an Indian citizen.
Admission at a recognized institute abroad is mandatory.
A good academic record helps but is not essential.
The age limit is between 18 and 35 years.
Loans cover undergraduate, postgraduate, doctoral courses.
A parent, guardian, or sibling must always be a co-applicant.
Behind every Indian student studying abroad, there is a story of determination and the right financial support. Our students have secured the best loan deals. They have been able to unlock opportunities without financial stress. Here are the best education loans available to students.
students assisted
loan requests processed
disbursed in loans
There are multiple eligibility requirements for a study abroad education loan. These vary between banks but usually include the following:
Under Section 80E of the Income Tax Act,1961, you receive a deduction for the interest paid on your loan. There is no upper limit and you can claim the entire amount of interest as a deduction. You can also claim ₹ 150,000 deduction under Section 80C for tuition fees paid.
To find the best education loan for study abroad, compare interest rates, repayment terms, and processing fees. Use a platform like GradRight to see multiple abroad education loan offers side by side. Look for flexible prepayment options and check if it’s a study abroad loan with minimal hidden costs.
First, shortlist lenders offering a study abroad loan. Gather your admission offer, academic transcripts, passport, and income proof. Complete the lender’s online form, upload documents, and schedule a verification call. Finally, sign the sanction letter to disburse your education loan for abroad studies.
Interest rates on an abroad education loan typically range from 8% to 13% p.a. depending on the lender and your profile. Premium institutes or strong co-applicant credentials can secure lower rates. Always compare rates across education loan for study abroad and study abroad loan options before you decide.
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