How can I get a loan to study abroad without collateral?

Some of them are as follows:

1. Axis Bank – This private bank offers international education loans without collateral for up to INR 40 lakhs.
2. ICICI Bank – This is another leading private bank that offers education loans without collateral for up to INR 40 lakhs for selected programs and institutes.

Is SBI education loan unsecured?

Overview : State Bank of India Education Loan Online For overseas education, SBI primarily offers education loan with collateral. Unsecured loans, i.e. loans without collateral are available only for the best of the best colleges, and that too up to ₹ 7.5 lakhs only.

How do I get an international student loan UK?

If you’re an international student, you can apply for a loan provided that: You’re resident in the UK; you’re enrolled in an accredited UK university; and you’re at least 18. If you’re an EU/EEA citizen, our standard criteria apply when we review your application.

Can a non UK citizen get a student loan?

If you’re an international student, you can apply for a loan provided that: You’re resident in the UK; you’re enrolled in an accredited UK university; and you’re at least 18. And if you are a non-EU/EEA citizen, you will be asked to provide a UK guarantor.

What is a non-collateral education loan?

Non collateral education loan – As the name suggests the lenders do not take any collateral for an unsecured/ non collateral education loan but they have a set of requirements and give an education loan without collateral to only those who are deemed eligible for it. Eligibility criteria for an abroad education loan without collateral

How to get study abroad education loan without collateral in India?

Students who cannot pledge collateral as a security can opt for an unsecured abroad education loan, also known as study abroad education loan without collateral from NBFCs (Non-Banking Financial Companies) in India.

What is the maximum amount of Education loan for study abroad?

The interest rates quoted by NBFCs differ from country to country, so check with your lender thoroughly before you agree to borrow an education loan for study abroad. On average NBFCs permit a maximum loan amount of 40 lakhs for abroad education without collateral to candidates.

Do NBFCs offer education loans for students to study abroad?

Since NBFCs accord educational loans without any collateral in India for students to study abroad, their co-applicants profile is examined thoroughly. The financial profile of your co-applicants is equally important when it comes to unsecured foreign education loans from NBFCs.