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Explore and compare education loan options from top banks to fund your international education.
$ 100 K
9.34%
A full look at what Avanse offers. Loan limits, rates, collateral conditions, benefits, and timelines explained in a way that helps you compare and choose better.
It is crucial to choose the right funding options when studying abroad. Banks offer education loans that are affordable and have flexible terms.
Secure the best education loans for higher education abroad.
To get an education loan in India, start by confirming your admission to a recognised institution. Then calculate your total funding requirement including tuition, living, and other costs. Visit GradRight to compare offers from 15+ lenders in one place, check your eligibility in 60 seconds, and submit your application. Most lenders process and disburse loans within 7 to 15 working days. GradRight users get approvals in as little as 2 days.
You can take an education loan in India by approaching a bank, NBFC, or using a platform like GradRight that lets multiple lenders compete for your profile. You will need your admission letter, academic records, co-applicant income proof, and identity documents. Once your application is verified and approved, the loan amount is typically disbursed directly to your institution.
The standard documents required for education loan in India are: identity proof (Aadhaar, PAN, Passport), address proof, admission letter and fee structure from the institution, academic marksheets, co-applicant income proof (ITR, salary slips, Form 16), bank statements for the last 6 months, and collateral documents if applicable. Exact requirements vary by lender. GradRight shows you a lender-specific checklist upfront.
A moratorium period is a temporary respite of loan repayments. A postgraduate course abroad typically lasts 1-2 years. The student cannot start repaying the month after the course ends. First, they have to search and find a job, change city, work for a few months, and only then are they in a position to start paying EMIs.
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