Features & Benefits of Education Loan
High loan amount
Get substantial funding to cover tuition fees, accommodation, and other educational expenses.
Attractive interest rates
Competitive interest rates to reduce the financial burden on students and their families.
Pre-admission sanction
Avail of pre-admission sanctions to secure funding even before finalizing admission.
No margins on education loan
Zero margin money requirements, meaning the entire cost of education can be covered by the loan.
Loan for a variety of courses
Get funds for a wide range of courses, from undergraduate programs to specialized vocational training.
Easy disbursal
The loan disbursement process is straightforward and efficient, ensuring that funds are available when needed.
Let Your Dreams Take Flight
Moving abroad for your higher education opens several doors. You can gain access to highly-acclaimed and globally recognised programmes, or you may enhance your career prospects for the future. We have designed a study abroad loan for students who aspire to pursue their overseas education. With a study abroad loan, you can achieve all your academic aspirations with ease! We offer a student loan without collateral and with collateral, depending on your student loan requirements.
India has been a hub of knowledge and learning since the 5th century, when institutes like the Nalanda University attracted scholars from around the world. Today, India is home to over 1,000 universities! When you get an Education loan to study in India, you can fund your higher education in some of the world’s best-known institutes!
100%
Financing
Flexible
Repayments
Quick
Sanctions
Customisable
Loans
Empowering Dreams with Ravi Savani Education Loans Achieve Academic Excellence with Hassle-Free Financial Support
Types of Education Loans to Study Abroad
Collateral Based Education Loan
All lenders provide collateral based education loans and they are generally the lowest cost in terms of Interest rates and processing fees. The criteria for parental income / cosigner income is also relaxed and a complete moratorium is provided during the study period for education loans which are covered by collateral.
Non-Collateral Based Education Loan
NBFC, Private Banks and few Nationalised Banks provide Education loans without a mortgageable property. The loan for study abroad provided has a stricter requirement on Student profile and Co-signor profile. They are more expensive than Collateral based loans but students generally prefer these for convenience and speed to sanction the loan.
Non – Collateral and Non-Co-signor based Education Loan
Foreign Banks Based Education Loan
Many countries lenders are looking at international students as new growth market. Many have started providing funds to International Students with Valid Co-signor’s based in the home country. Here essentially the loan is based on the credit history of the Co-signor and they are responsible for the loan for study abroad for the student.
