Guide
Study Abroad Loan Guide
A practical guide to financing your overseas degree — cost of attendance, collateral, forex and visa proof of funds.
Estimate your total cost
Start with your university's official cost of attendance (tuition + living + insurance + fees). Lenders size your loan against this figure, so gather it early and add a buffer for currency movement.
Secured vs unsecured
Premier universities often qualify for collateral-free loans up to ₹75 Lakh. For larger amounts or less-established programs, collateral secures a lower rate and a higher limit.
Forex, GIC and proof of funds
Your loan can support GIC accounts (Canada), blocked accounts (Germany) and the proof-of-funds many visas require. Plan disbursement timing around your visa and semester deadlines.
- Confirm the lender disburses in the required currency and timeline
- Keep a buffer for exchange-rate fluctuations
- Understand pre-visa vs post-visa disbursement rules
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