Jetset VAdvisor study visa consultants ulhasnagar logo
Study Abroad Finance Guidance

Education Loan for Abroad Studies

Explore secured and collateral-free education loan options for overseas studies with expert guidance from documentation to disbursement.

Secured Loans
Collateral-Free
Bank Guidance
Documentation Support

Plan Your Funding

Get absolute clarity on the loan type and application process.

Secured
Unsecured
Global
End-to-End

Check Your Education Loan Eligibility

Find out your borrowing capacity in minutes. Our expert team will map your profile to the best lenders globally.

Best Banks for Education Loans

Scroll down to view processing details

State Bank of India

Max Loan AmountUp to INR 1.5 cr with collateral
Processing FeeINR 10,000

Axis Bank

Max Loan AmountPrime A - INR 1 cr / Prime B - INR 40 lakh
Processing Fee0.75% on sanctioned amount

ICICI Bank

Max Loan AmountUp to INR 2 cr (Secured) / 1 cr (Unsecured)
Processing FeeUp to 0.75% to 1% + GST

IDFC First Bank

Max Loan AmountUp to INR 75 lakh without collateral
Processing FeeUp to 1.5% of sanctioned amount

Union Bank of India

Max Loan AmountUp to INR 2 cr (Secured) / 40 lakh (Unsecured)
Processing FeeINR 5000

HDFC Credila

Max Loan AmountUp to INR 75 lakh
Processing Fee0.5% - 1%

Avanse

Max Loan AmountUp to INR 75 lakh
Processing Fee1% - 1.5%

Auxilo

Max Loan AmountUp to INR 65 lakh
Processing Fee0.5% - 1.5%

InCred

Max Loan AmountUp to INR 80 lakh
Processing Fee1% - 2%

MPower Financing

Max Loan AmountUp to 100,000 USD
Processing Fee5% (Adjusted in loan)

Prodigy Finance

Max Loan AmountUp to 100% cost to study
Processing FeeUp to 5%*

Bank of Baroda

Max Loan AmountUp to 1.5 cr with collateral
Processing FeeINR 10,000 + GST

*Note: Upon loan approval, students are required to pay an upfront fee of $100 to receive their sanction letter (applicable to specific lenders like Prodigy). Fees and amounts are subject to change based on bank policies and academic profiles.

How to apply Education Loan

Get step-by-step guidance to apply for an education loan in India and fund your overseas education with confidence.

1
Choose Your Course & University

Secure admission or a conditional offer letter from a recognized foreign university.

  • Confirm course duration and tuition fees
  • Check university ranking and accreditation
  • Ensure eligibility requirements are met
2
Estimate Total Expenses

Calculate the complete cost of studying abroad to determine the loan amount needed.

  • Tuition fees
  • Living expenses (accommodation, food, transport)
  • Travel & visa costs
  • Insurance and study materials
3
Check Your Eligibility

Make sure you meet the eligibility criteria of banks or NBFCs for education loans.

  • Must be an Indian citizen
  • Strong academic background
  • Co-applicant (usually parent/guardian)
  • Collateral may be required for higher loan amounts
4
Choose the Right Bank or NBFC

Compare different banks and NBFCs to select the loan that best suits your needs.

  • Compare interest rates & fees
  • Check repayment options and moratorium period
  • Popular providers: SBI, HDFC Credila, Axis Bank, ICICI Bank, Avanse
5
Prepare Required Documents

Gather all necessary documents to ensure a smooth loan application process.

  • Admission/Offer letter from university
  • Academic transcripts and certificates
  • KYC documents (ID, address proof)
  • Income proof of co-applicant
  • Collateral documents (if required)
6
Apply for the Loan & Get Approval

Submit your application online or at the bank/NBFC branch.

  • Bank verifies documents and eligibility
  • Loan is sanctioned and disbursed as per university requirements
  • EMIs start after the moratorium period (usually after course completion)

Education Loan Services We Offer in Mumbai

Our Overseas education loan consultants in Mumbai provide complete support at every stage of your study abroad journey.

Education Loan Counseling

We evaluate your academic profile, university selection, and financial requirements to suggest suitable education loan options for abroad studies.

Our Support Includes:
  • Education loan eligibility assessment
  • Loan amount planning
  • Co applicant guidance
  • Financial planning for students
  • EMI and repayment consultation

Loan Documentation Assistance

Incorrect or incomplete documentation often delays loan approvals. We ensure your application is properly prepared before submission.

Required Documents Usually Include:
  • University admission letter
  • Academic transcripts and scorecards
  • KYC documents
  • Income proof of co applicant
  • Bank statements
  • Passport and visa documents
  • Collateral papers (if applicable)

Our education loan consultants in Mumbai provide complete document verification support.

Why Choose Jetset VAdvisor for Education Loan Assistance in Mumbai?

Getting the right education loan for studying abroad can be confusing without expert guidance. From selecting the best lender to preparing documents and managing university fee payments, every step requires proper planning. At Jetset VAdvisor, we provide complete support for students looking for overseas education loan assistance in Mumbai.

Expert Overseas Education Loan Consultants in Mumbai

Our team has extensive experience helping students apply for education loans for top international universities. We understand the loan requirements of major banks and NBFCs and guide students through the entire process smoothly.

Our Expertise Includes:
  • Abroad education loan guidance
  • Student loan counseling for overseas education
  • University-based loan planning
  • Loan eligibility assessment
  • Faster loan approval assistance
  • Support for collateral and non-collateral loans

Support for USA, UK, Canada, New Zealand, Australia & Europe

We provide complete education loan assistance for students planning to study in leading international destinations.

Countries We Support:
  • USA education loans
  • UK student loan assistance
  • Canada education loan support
  • Australia study abroad financing
  • Europe university loan guidance
  • Dubai and international university funding support

Collateral & Non-Collateral Loan Assistance

Different students have different financial requirements. We help identify the best loan options based on eligibility, course fees, and repayment capacity.

Loan Options We Assist With:
  • Secured education loans
  • Collateral free education loans
  • Loans with lower interest rates
  • NBFC education loans for abroad studies
  • Bank education loans for international students
  • High-value overseas education financing

End-to-End Admission & Visa Support

Unlike regular loan consultants, we also support students with complete overseas admission and visa assistance.

Our Student Services Include:
  • University admission guidance
  • SOP and application support
  • Visa documentation assistance
  • Financial document preparation
  • Interview preparation guidance
  • Scholarship assistance

Flywire University Fee Payment Assistance

International university fee payments can sometimes be complicated. We help students make secure and smooth tuition fee transfers through Flywire and other trusted payment platforms.

We Help With:
  • International tuition fee payments
  • Flywire payment assistance
  • Currency exchange guidance
  • Payment tracking support
  • Faster university fee processing

Personalized Financial Planning for Students

Every student has a different academic and financial profile. Our Study Abroad loan consultants in Mumbai provide customized financial planning based on your goals and study destination.

Financial Planning Support Includes:
  • Total study abroad cost estimation
  • EMI and repayment planning
  • Budget-friendly university selection
  • Scholarship and loan combination planning
  • Living expense calculations
  • Long-term financial guidance for students

Our Banking Partners

union-bank
tata-capital
sbi
indian-bank
incred
idfc
icici
hdfc
credila
canara-bank
bank-of-baroda
axis
avanse
auxilo

Education Loan EMI Calculator

Plan. Calculate. Study Stress-Free.

6 Months
0 Months
0%
1 Years
Principal
Interest
Monthly EMI
₹4,167

Repayment Schedule

Loan Disbursed₹50,000
+ Interest during Moratorium₹0
Debt at EMI Start₹50,000
+ Interest during Repayment₹0
Total Payable₹50,000

Get Expert Education Loan Assistance in Mumbai

Finding the right education loan for study abroad becomes easier with expert guidance. From selecting the best lender to managing university fee payments and visa documents, Jetset VAdvisor supports students at every step.

Frequently Asked Questions – Education Loan Consultants in Mumbai

1. Who are the best education loan consultants in Mumbai for study abroad?

+

Jetset VAdvisor provides expert guidance for overseas education loans, helping students compare banks and NBFCs, prepare documents, and secure faster loan approvals for studying abroad.

2. Can I get a collateral free education loan for studying abroad?

+

Yes, many banks and NBFCs offer collateral-free education loans for eligible students based on university ranking, course type, academic profile, and co-applicant income.

3. Which countries are covered under abroad education loans?

+

Education loans are available for students planning to study in countries like:

  • USA
  • UK
  • Canada
  • Australia
  • Germany
  • Ireland
  • Dubai
  • New Zealand
  • France

4. What expenses are covered under an education loan for abroad studies?

+

Most overseas education loans cover:

  • Tuition fees
  • Accommodation expenses
  • Travel costs
  • Visa charges
  • Health insurance
  • Books and laptops
  • Living expenses

5. What documents are required for an education loan in Mumbai?

+

Commonly required documents include:

  • Admission letter from university
  • Academic mark sheets
  • Passport and KYC documents
  • Co-applicant income proof
  • Bank statements
  • Collateral documents (if applicable)

6. How much education loan can I get for studying abroad?

+

The loan amount depends on factors like university fees, country, course, academic background, co-applicant income, and collateral availability. Eligible students can get high-value education loans for top international universities.

study abroad consultants ulhasnagar whatsapp