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FAQs:

What is an abroad education loan?
An abroad education loan is a financial support that helps students fund their studies abroad by paying for tuition fees, living expenses, and other related costs.
Who is eligible to apply for an abroad education loan?
Eligibility for an abroad education loan varies among lenders but typically requires the applicant to be a citizen of India, have an admission offer from a recognised university, and meet specific academic criteria.
How can Finforte help me get an abroad education loan?
FinForte helps you find the perfect lender for the best education loan, customized to your profile and study abroad requirements. Our fully digital, paperless process ensures a seamless experience.
What is the maximum loan amount that can be availed for studying abroad?
Secured education loans offer up to INR 1.5 crore, while unsecured loans provide up to INR 45 lakhs without collateral. These limits can vary based on the applicant's and co-applicant's profile, country, and course.
What expenses are covered in education loans for abroad studies?
Abroad education loans generally cover tuition fees, living expenses, travel costs, examination fees, and other educational & travel expenses, depending on the lender's policies.