Find the Right Education Loan for Your Study Abroad Journey
Explore potential education-loan options based on your destination, course, funding needs, and financial profile. Understand lender requirements and get guidance on your next steps.
- Compare relevant secured and unsecured loan options across premier public banks, private commercial banks, and NBFCs.
- Understand eligibility requirements and documentation, including co-applicant rules and university-specific lending criteria.
- Get end-to-end guidance through the process from preliminary assessment and pre-visa sanction letters to overseas fund disbursal.
- Rates from 7.5% - 12.5% p.a.
- Up to ₹1.5 Crore
- Collateral-Free up to ₹75L
- Zero CIBIL Impact Check
- 100% Virtual Process
Check Your Education Loan Options
Explore potential secured and collateral-free loan options for your study abroad plans.
Why Indian Students Plan Overseas Financing with Udaan
Navigating international student financing shouldn’t mean visiting a dozen bank branches or guessing interest rates.
Multi-Lender Comparison
Compare offers across public sector banks (SBI, BoB), private commercial banks (ICICI, Axis), and specialized NBFCs (HDFC Credila, Avanse) simultaneously.
100% Virtual Process
Zero doorstep document pickups or repeated branch visits. Complete your profile assessment, KYC submission, and file tracking online from home.
Zero CIBIL Score Impact
Exploring your potential financing options and checking university eligibility involves no hard credit inquiries on your or your co-applicant’s credit report.
Pre-Visa Sanction Letters
Fast-track official, embassy-accepted sanction letters to satisfy liquid financial fund requirements for Form I-20, CAS, or German blocked account deposits.
How Udaan Edu Loans Works
A transparent 4-step journey designed to help you secure overseas education funding with minimal stress.
Share Your Study Plans
Tell us your target country, course, admit status, and expected funding needs in under 60 seconds using our quick assessment form.
Explore Suitable Loan Options
Receive transparent preliminary shortlists comparing secured and unsecured lenders, indicative floating interest rates, and margin money.
Guided Digital Documentation
Follow our customized checklist to securely upload student KYC, academic transcripts, and co-applicant income records through our virtual portal.
Sanction & Overseas Disbursal
Receive your official sanction letter for embassy visa processing, followed by university tuition transfer and living expense disbursement.
Applying Directly to Banks vs. Facilitation with Udaan
See how an unbiased education loan advisory platform saves you time, money, and administrative hurdles.
Applying Directly to a Bank Branch
Single-lender perspective with manual paperwork and branch queues
- Single lender perspective: Zero fallback if the branch underwriter rejects your course or profile.
- Repeated branch visits: Manual paper submissions, branch follow-ups, and long queuing delays.
- Limited embassy expertise: Branch staff may not know specific visa financial guidelines (I-20, CAS, SDS).
- Opaque tracking: Hard to obtain status updates without physically visiting the sanctioning desk.
- No comparative advice: No guidance on whether another bank offers lower margin money or faster processing.
With Udaan Edu Loans Facilitation
Multi-lender guidance tailored specifically for international students
- Multi-lender comparison: Compare 30+ public banks, private commercial banks, and NBFCs at once.
- 100% virtual process: Submit documents digitally with zero doorstep visits or branch queues.
- Visa-ready sanction letters: Structuring customized to satisfy US F-1, UK CAS, Canada SDS, or German blocked accounts.
- Priority escalation: Dedicated partner channels help fast-track borderline or time-sensitive files.
- 100% free for students: Transparent advice with zero consultation fees or hidden charges.
Education Loan Options We Help You Secure
Whether you possess physical collateral or seek a collateral-free loan backed by student potential, we match you with the right institutional partner.
Secured Education Loans
Backed by residential property, commercial plots, or fixed deposits. Delivers the lowest indicative interest rates (7.5% - 9.5%) and maximum limits up to ₹1.5 Crore with flexible 15-year tenures.
- Public banks: SBI, Bank of Baroda, PNB
- Up to ₹1.5 Crore sanction limit
- 0.50% interest concession for female students
Collateral-Free (Unsecured) Loans
Zero physical security required. Get sanctions up to ₹75 Lakhs based on university pedigree, STEM degree focus, test scores (GRE/GMAT/IELTS), and co-applicant income.
- Leading NBFCs: HDFC Credila, Avanse, Auxilo
- Fast digital sanctions in 3 - 5 business days
- Zero physical property pledging
Comprehensive Expense Coverage
Full financing covering 100% of university tuition fees, living expenses, German Blocked Accounts (Sperrkonto ~€11,904), Canada GIC, health insurance, and return airfare.
- Direct university tuition wire transfers
- Blocked account & GIC account funding
- Pre-visa disbursement options available
Financing Studies in Top Global Higher-Education Hubs
Our partner banks issue official sanction letters recognized by visa officers across all major foreign embassies.
United States
Finance MS, MBA & STEM Programs with Pre-Visa Sanction Letters for Form I-20
United Kingdom
Exemption from the UKVI 28-Day Financial Rule with Official Bank Sanctions
Canada
Direct Financing for Tuition Fees and Mandatory CAD $20,635 Canadian GIC
Germany
Zero Tuition Financing & Immediate Blocked Account (Sperrkonto €11,904) Loans
Australia
Genuine Student (GS) Financial Proof & Group of Eight (Go8) Preferred Rates
Ireland
European Tech & Pharma Capital: Full Tuition & €10,000 Living Expense Loans
Plan Your Repayment & Understand Moratorium Costs
Factor in course moratoriums, post-graduation grace periods, and Section 80E tax deductions to calculate your actual monthly liability.
Overseas Education Loan EMI Calculator
Calculates exact post-graduation EMIs factoring in simple interest accrued during course moratorium.
Payable for 10 years (120 monthly installments)
*Disclaimer: The above calculation is illustrative and assumes simple interest accrual during the course moratorium capitalized at repayment start. Actual interest rate, margin money, and amortization terms depend on individual bank/NBFC sanctions.
⚡ Want an Instant, Detailed Multi-Bank Shortlist?
Run our Two-Stage Bank Matcher to compare secured vs. unsecured options tailored to your specific university, test scores, and target intake.
Frequently Asked Questions on Study Abroad Loans
Authoritative, transparent answers to the most common questions Indian students and parents ask about overseas education loans.
What is an overseas education loan facilitator, and how does Udaan Edu Loans help?
Udaan Edu Loans is an education loan facilitation platform that partners with 30+ RBI-licensed public sector banks, private banks, and NBFCs. We do not lend money directly; instead, our loan experts analyze your academic profile and financial background, match you with the best lenders offering the lowest interest rates (starting from 7.5%), assist with document preparation, and accelerate sanction and overseas disbursal without charging students any upfront consultation fee.
Can I get an education loan for study abroad without collateral?
Yes, Indian students can secure collateral-free (unsecured) education loans up to ₹75 Lakhs for premier global universities in the US, UK, Canada, Germany, and Australia. Eligibility depends on your admission offer, undergraduate GPA, test scores (GRE/GMAT/IELTS), and your co-applicant's monthly disposable income and CIBIL score.
What is the moratorium period in an overseas education loan?
A moratorium period is a repayment holiday extending throughout the course duration plus an additional 6 to 12 months after graduation or 6 months after securing employment (whichever is earlier). During this period, students are not required to pay full equated monthly installments (EMIs). Depending on the lender, simple interest or partial interest may accrue or be serviced monthly.
Can I apply for an abroad education loan before receiving a confirmed university admit?
Yes. You can obtain a pre-visa or pre-admission loan sanction letter based on your academic profile, GRE/IELTS test scores, and university shortlists. This provisional sanction letter serves as proof of liquid financial funds when applying to top universities and scheduling visa interviews.
Are education loan interest payments eligible for tax deductions in India?
Yes, under Section 80E of the Indian Income Tax Act, you or your co-applicant can claim a 100% tax deduction on the entire interest amount paid on an education loan for up to 8 consecutive financial years with no upper cap. Loans must be sanctioned by recognized Indian commercial banks or designated financial institutions.
Does checking my loan options with Udaan Edu Loans affect my CIBIL score?
No. Exploring loan options and running our preliminary loan matcher does not trigger a hard credit check or affect your or your co-applicant's CIBIL score. A formal credit inquiry is initiated only when you choose to submit a complete loan application to a specific bank or NBFC.
How are living expenses and German Blocked Account (Sperrkonto) or Canada GIC disbursed?
Upon loan sanction and visa approval, university tuition fees are wired directly by the lender to your international university's bank account. For living costs, lenders disburse funds directly into your certified German Blocked Account (e.g., Coracle, Expatrio, Fintiba), Canadian GIC account (e.g., CIBC, ICICI Canada), or onto an international student forex card.
What is the role of a co-applicant or cosigner in an overseas student loan?
For Indian education loans, lenders require a financial co-applicant—typically a parent, spouse, or sibling with a regular verifiable income (salary or business IT returns) and a healthy credit score (typically 685+ CIBIL). The co-applicant acts as a primary guarantor and can claim Section 80E tax deductions during repayment.
Planning to Study Abroad? Start Understanding Your Funding Options.
Join thousands of Indian students who navigate study abroad financing with clarity, confidence, and zero service fees. Explore public banks, private commercial banks, and NBFCs with 100% virtual guidance.