Please provide the list of banks that provide overseas educational Loan without collateral while applying for Study Abroad.

16 Views | Posted a year ago

3 Answers

Answered by

a year ago

Hi
Public banks like SBI Bank of Baroda, etc. Offer applicants with a loan of upto 7.5 Lacs without collateral. Private banks like Axis Bank, ICICI Bank, HDFC, etc. Offer students a loan amount upto 40 Lacs without collateral. Without providing any collateral as a guarantee to the lender, an education loan for abroad studies without collateral, or a non-collateral education loan, can be obtained. That implies that borrowers can obtain loans without providing any form of security, such as a home, a piece of land, or anything else. Some prominent banks that offer loan for Indian students to study abroad include public banks like SBI Bank

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Answered by

Deeksha Dixit | Contributor-Level 10

a year ago

Here is the list of banks that can provide you with an overseas educational loan without collateral if your loan amount is under Rs 7.5 Lacs:
1. Bank of Baroda
2. State Bank of India
3. Central Bank of India and other public sector bank
If the required amount exceeds Rs. 7.5 Lacs, you can apply at the following banks:
1. Axis Bank
2. ICICI Bank
3. HDFC Bank
You may also apply for a loan at non-banking financial companies (NBFCs) such as Credila and Avanse. You can know about required process to get these loan at following website: https://studyabroad.shiksha.com/education-loan-applycontent61319.

Here is the list of banks that can provide you with an overseas educational loan without collateral if your loan amount is under Rs 7.5 Lacs: 1. Bank of Baroda 2. State Bank of India 3. Central Bank of India and other public sector bank If the required amount exceeds Rs. 7.5 Lacs, you can apply at the following banks: 1. Axis Bank 2. ICICI Bank 3. HDFC Bank You may also apply for a loan at non-banking financial companies (NBFCs) such as Credila and Avanse. You can know about required process to get these loan at following website: https://studyabroad.shiksha.com/education-loan-applycontent61319.