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Loan for Study Abroad in India

Author: Edunexus Globe
by Edunexus Globe
Posted: May 02, 2025

Dreaming of studying abroad but worried about the finances? You're not alone. For thousands of Indian students, a study loan becomes a stepping stone to achieve their international education goals. With increasing tuition fees and living expenses abroad, student loans have become essential for those who aspire to study in countries like the USA, UK, Canada, Australia, France, and more.

Why Consider a Loan for Studying Abroad?Education loans cover a wide range of expenses such as:

Tuition fees

Living expenses

Travel costs

Study materials

Health insurance

These loans allow students to focus on their studies without being overwhelmed by the financial burden. Many Indian banks and NBFCs (Non-Banking Financial Companies) offer attractive interest rates and flexible repayment options tailored specifically for students heading overseas.

Types of Loans AvailableSecured Education Loans – Require collateral (like property or fixed deposits).

Unsecured Education Loans – No collateral needed, but higher interest rates.

Loan eligibility typically depends on the applicant's academic record, the course and institution, and the financial background of the co-applicant (usually a parent or guardian).

Key Features of Study Abroad LoansLoan amounts can go up to ₹50 lakhs or more

Moratorium period: No repayment during the study period plus 6–12 months after

Tax benefits under Section 80E

Fast-track loan approvals with partner institutions

Best Overseas Education Consultants in Hyderabad – EduNexus GlobeWhen it comes to studying abroad, the right guidance makes all the difference. That’s where EduNexus Globe steps in. With 7 years of industry experience, EduNexus has become one of Hyderabad’s most trusted overseas education consultants.

Why EduNexus Globe?Zero Processing Fee

Expert Guidance on Education Loans

Personalized University and Course Selection

Visa Assistance and Pre-Departure Support

Partnerships with Leading Universities Worldwide

EduNexus helps students not only secure admission into top international institutions but also connects them with the best education loan providers—making the study abroad journey smoother and stress-free.

Final ThoughtsPursuing higher education abroad can be life-changing. If finances are a concern, an education loan is a smart way to invest in your future. And with the expert team at EduNexus Globe by your side, you’re not just applying for a loan—you’re planning for a global career.

Contact EduNexus Globe today to begin your journey toward world-class education without financial worries. Location: Hyderabad, Telangana

Website: http://www.edunexusglobe.com

Phone: +91-9966111337

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About the Author

EduNexus Global Overseas is a premier education consultancy dedicated to helping students and professionals achieve their dreams of studying, working, and living abroad. Best overseas education consultants in hyderabad.make your study abroad plan now

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Author: Edunexus Globe

Edunexus Globe

Member since: Apr 17, 2025
Published articles: 9

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