✅ Which loan is best for studying abroad?

Ans: Top Education Loans Providers in India for Study Abroad are given by banks like HDFC, SBI, Axis bank, Punjab national etc.

✅ How can I get government loan for study abroad?

Ans: The applicant must sign up for a Vidya Lakshmi Portal account, log in, and then complete the Common Education Loan Application Form (CELAF) by entering all required information. Students can apply for educational loans from a variety of banks and programmes via the CELAF, a single form.

✅ Do student loans pay for study abroad?

Ans: The university-mandated tuition charge is covered by student loans. Additionally, it covers the whole cost of attendance as well as international economy class airfare. The typical methods of paying for higher education overseas include loans, scholarships, and savings.

✅ How much can I get a loan to study abroad?

Ans: There is no cap on how much money banks can lend to students who desire to study abroad. The answer varies from bank to bank. The vast majority of banks provide loans up to INR 20–30 lakhs. Additionally, if the loan amount exceeds INR 20 lakhs, the interest rate also rises.

✅ Can I get a subsidy on government education loan for abroad?

Ans: Under Padho Pardesh scheme you can get interest subsidy on your educational loans.

✅ What is the minimum percentage required to apply for an abroad education loan by Indian government?

Ans: Minimum percentage required to apply for education loan from Governmemt of India differs as per the eligibilty criteria set under different schemes.