Education Loan for
Abroad Studies with Qck Loans
What is Student Loan for Abroad Studies
Benefits of Student Loan for Abroad Studies
Bank Name
Interest Rate Range (%)
Processing Fee
Concessions
Avanse
8.25% - 11.50%
Varies
Merit scholarships, gender-based discounts
Auxilo Finserve
8.50% - 11.75%
Varies
Merit scholarships, gender-based discounts
Incred Finance
8.75% - 12.00%
Varies
Relatively Relaxed Criteria
Eligibility criteria - Student Loan for Abroad Studies
- You must be an Indian citizen to apply for education loan for abroad institutions as an Indian student who wishes to study abroad.
- You must usually fall between 18 and 35 years old to be able to apply for visa to study abroad.
- You must have a strong academic record showing your study performance and good marks in your course.
- Your letter of acceptance must be from your reputed institute to be eligible to apply for an education loan for abroad studies.
Documents - Student Loan for Abroad Studeis
- Admission or acceptance letter from the education institute of your choice, abroad.
- Valid ID and address proof like passport, PAN, Aadhaar, voter ID, bank statements, gas bill etc. have to be furnished by you.
- Income proof is required if you are working as the latest salary slips need to be furnished.
- Fee structure and the related details are provided by the institute which have to be furnished.
- Updated bank statement showing an active bank account operated by you.
How to apply for an Education Loan to Study abroad
- Step 1 – Visit our official website and go to the Loans section
- Step 2 – You can check your eligibility through our Loan Eligibility Check option
- Step 3 – Based on the list of documents mentioned on the website, gather your documents.
- Step 4 – Fill in the application form and upload the necessary documents that is relevant to your studies and course along with the loan amount required.
- Step 5 – You can also check the loan that you need using our EMI calculator and have a better understanding of the required loan amount based on your abroad studies.
- Step 6 – Once your application is approved, your loan amount will directly be credited to your bank account or the institution abroad.
Why Choose Qck Loans for your Education Loan for Abroad Studies Process
- At Qck Loans, we do not charge processing fees or application charges, as we are facilitators to ensure your loan amount from a preferred lending partner comes with feasible interest rates and other terms and conditions according to your convenience.
- Our loan counselling team are the best experts in all aspects of finding the best education institution abroad, boarding, internship opportunities, lending partners and many other services, providing you with the best counselling to pursue your higher education.
- Our overseas education consultants provide you with options of various lenders who are our partners and help compare the right fit for you and your family according to various criteria so that you make the most of being associated with us.
Our principles are built with a Goal!
To Deliver Happiness!
100 Cr+
loans disbursed
500+
loans enabled
25+
countries
4 Easy Steps to Secure your study Abroad Education Loan
01
Submit
Application
02
Receive
Approval
03
Access Your
Funds
04
Enjoy Flexible
Repayment
Let free your wings of dreams
Akash HD
TU Munich, Germany
Kishan
UNSW, Australia
“Heartfelt thanks to Qck Loans for facilitating a Rs 55,00,000 non-collateral loan for my studies at UNSW, Australia. Their guidance in covering tuition and living expenses was invaluable. Qck Loans made my dream of studying abroad achievable and stress-free with their expert Education Loans to Study Abroad. Their dedication has been a cornerstone in my educational journey.”
Ananya
EPITA, France
“I am deeply grateful to Qck Loans for their invaluable support in securing a 20,00,000 loan for my studies at EPITA, France. Their guidance and efficient processing made what seemed a daunting task, both manageable and straightforward. Their team’s dedication and understanding of my educational goals were instrumental in making my dream a reality. Thanks to Qck Loans and their expertise in providing quick Education Loans to Study Abroad, I am now poised to embark on a transformative educational journey.”
Varuna
University of Twente, Netherlands
Sahana
Arizona State University, USA
I am very grateful to Qck Loans for having approved and assisting me in getting my 60,00,000 collateral education loan to study abroad at Arizona State University, USA. With exceptional services and seamless processing helped me to allocate the amount easily amongst my expenses. It is many girls’ wish to live the American dream, and it was possible by partnering with Qck Loans made it possible for me to get a quick loan for my studies abroad.
Everything you need to know
For applying for an education loan to study abroad, you will need a duly filled application form, admission acceptance proof, academic records, ID and Address proof, passport size photo, Collateral and co-signer details if any, financial documents and loan agreement form.
The eligibility criteria depend on several factors for applying for an education loan for abroad studies. The nationality should be that of an Indian, the age typically between 18 to 35 years, a good credit history for older candidates, and for students, the cosigner credit history is considered.
For UG and PG Programs, minimum percentage of GPA should be 60-70 percent, however sometimes, the university may have a different criterion, that has to be checked before applying.
Yes, it is possible to apply for an education loan for abroad studies without collateral. However, it depends on the lender and loan amount. When a parent or co-signer is applying for your loan, their credit history and financial stability are taken into account.