Education Loan for Abroad Studies | Fast Approval with Finnable

Studying abroad is a dream for many, but the high cost of education can make it seem out of reach. Finnable is here to make that dream possible by offering affordable education loans for your international studies. Whether you're planning to pursue an undergraduate or postgraduate degree, Finnable provides loans to cover your course fees, accommodation, and more, ensuring that you can focus on your studies without financial worries.

Apply Now to start your education journey with Finnable.

Paperless

15 minute disbursal

No collateral

Check Eligibility

Personal Loan Amount Limit

Monthly Salary

₹

₹5,000₹1,00,000

Credit Score

100900

Current Monthly EMI (if any)

₹

₹0₹50,000

I don't have any credit score.

You are eligible for Loan Amount

₹4,80,000

Key Features & Benefits of a Education Loan for Abroad Studies

Low EMI’s

Enjoy lower EMIs with interest charged on the reducing balance method. As opposed to a Flat rate of interest, reducing balance ensures the EMI amount remains low.

Quick Disbursal

Enjoy the convenience of fast processing and quick approval, with funds directly credited to your bank account.

Flexible Loan Amount and Tenure

Choose a loan amount and repayment tenure that best fit your needs and financial capabilities.

Personal Loan Assistant

Please write to your loan assistant at makeiteasy@finnable.com for any support. We aim to provide you with a seamless and hassle-free experience.

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Documents Required for an Education Loan for Abroad Studies

Educational Certificates
Mark sheets, passing certificates, and degree certificates.
Admission Letter
A copy of your admission letter to the approved university.
Fee Schedule
The fee schedule of the institution.
KYC Documents
Aadhar card, voter ID, passport, etc.
Identity Proof
PAN card, Aadhar card, or driver’s license.
Income Proof
Bank statement for the past 2 months, salary slip for the last month.
Age Proof
Birth certificate, Aadhar card, voter ID.
Loan Agreement
Signed agreement after loan sanctioning.

Interest Rate & Charges to Apply for an Education Loan for Abroad Studies

The interest rate for education loans ranges from 16% to 35.99% depending on your eligibility and the lender. There are no hidden charges, and you’ll have a clear understanding of the total amount you need to repay, including the principal and interest.

Why Choose Finnable for Your Education Loan for Abroad Studies?

Affordable Rates
Finnable offers competitive interest rates to help you manage your finances effectively during your study period.
Quick Processing
With a simple application process, you can receive your loan approval in no time, ensuring you can focus on your studies instead of waiting for financial assistance.
Wide Coverage
The loan covers all necessary study-related expenses, including tuition fees, accommodation, and travel.
Flexible Repayment Options
Choose a repayment tenure that fits your budget, and enjoy peace of mind while studying abroad.

Who Can Apply for an Education Loan for Abroad Studies?

Salaried Professionals: You must be between 23 and 55 years of age and employed with a multinational, private, or public organization.
Indian Citizens: You must be a citizen of India.
Eligibility for Studies: You should have secured admission to a recognized university or college for a degree or diploma course.
Academic Requirements: For undergraduate courses, you need to have completed 10+2, and for postgraduate courses, you must have an undergraduate degree.

Secure & Confidential Process

Your privacy and security are of utmost importance to us. Finnable employs 256-bit SSL encryption to ensure that all your personal and financial information remains protected throughout the loan application and disbursal process.

Why Finnable Stands Out?

Trusted by thousands of satisfied customers across India
Transparent pricing with no hidden fees
Quick and hassle-free application process
24/7 customer support for all your queries
User-friendly online portal for loan tracking and EMI payments

How to Apply for a Education Loan for Abroad Studies with Finnable

Getting a personal loan through Finnable is straightforward and efficient. Here’s how it works:

Setup Profile

Sign up with your name, email, and mobile number. Verify your mobile number with an OTP and fill in your address and job details.

Choose Your Loan

Pick the loan amount you need, select the product, and choose a repayment period that suits you.

Upload Documents

Upload your ID proof, income proof, and address proof. Make sure the documents are clear, then submit them for verification.

How to Check Eligibility for a Education Loan for Abroad Studies?

Steps to Check Your Eligibility:

Visit the Finnable Website/App
Use the Eligibility Calculator: Enter details like income, employment, and loan amount.
Get Instant Results: See if you qualify and check estimated EMI.
Apply Online: If eligible, proceed with your application for a quick approval.

Uses of an Education Loan for Abroad Studies

Tuition Fees
Pay for the cost of education at your chosen international university or college.
Accommodation
Cover the cost of housing and other living expenses during your studies abroad.
Travel Costs
Fund your travel expenses to and from your study destination.
Other Related Costs
The loan can also cover additional study-related expenses such as books, lab fees, and insurance.

Apply Now and Get Education Loan for Abroad Studies in Your Account Today

With Finnable, securing a Education Loan for Abroad Studies is just a few clicks away. There’s no need for lengthy paperwork, endless waiting, or multiple visits to the bank.