What is the maximum loan amount you can get for studying abroad?
As such, there is no limit set by the banks for offering education loans to students wanting to study abroad. It depends from bank to bank. The majority of the banks offer loans of up to INR 20-30 lakhs. Also, if the loan amount is more than INR 20 Lacs then the interest rate also increases.
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The maximum education loan amount available for studying abroad varies among Indian banks and financial institutions. Here are some options:
State Bank of India (SBI): Offers loans up to INR 3 crore for studies abroad. Collateral-free loans are available up to INR 50 Lacs for select premier institut
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