Educational Loan

We have devised a fast, transparent, and hassle-free application process for overseas education loans online. Here's how it works:

Applying for a Loan: Our dedicated loan guidance counselor assesses your eligibility and guides you through the process.

Student Profile Evaluation: We evaluate your academic profile, competitive exam scores, course of study, and choice of university and country.

Co-signor and Collateral Assessment: We consider co-signor profiles and collateral availability to determine loan eligibility and provide cost-effective solutions.

Application Review and Provisional Offer: We help you complete the application and provide provisional offers from eligible options.

Document Submission and Disbursement: Once you choose your offer, we assist you with document submission and disbursement.

Study, Grace Period, and Loan Repayment: We guide you through study and grace periods, ensuring the best possible interest rates and smooth repayment processes.

Education is a paramount investment, and Eduloans collaborates with various financial institutions to facilitate hassle-free education loans for studying abroad. Our overseas education loan online offers numerous advantages, including transparent information, faster processing, negotiation assistance, and personalized attention from dedicated loan relationship managers.

Dedicated professional education experts

Customized and flexible loan solutions

Quick and easy application processes

Model-based financing

Structured repayment options

Comfortable tenures

Digital or semi-digital processes

Personalized attention from dedicated loan relationship managers

At Get Direction Global, we are committed to empowering students and simplifying the journey to higher education abroad. Choose us for a seamless and rewarding experience in pursuing your academic dreams.

At Get Direction Global, we understand the diverse needs and circumstances of students aspiring to study abroad. Our education loan solutions are tailored to individual profiles, considering factors such as the student’s educational background, collateral status, parent’s financial situation, and family income. We believe in offering personalized assistance to ensure that students can pursue their dreams without financial constraints.

Loan Amount: The loan amount plays a crucial role in financing education abroad. While Indian Government banks typically provide secured loans, private banks offer both secured and unsecured loans within specified limits. For example, SBI extends secured loans from 20 lakhs up to 1.50 crore, whereas HDFC Credila offers unsecured loans up to 40 lakhs and secured loans without limit.

Percentage of Loan Against Collateral Provided: Different financial institutions offer varying percentages of education loans against collateral. Axis Bank, for instance, provides loans ranging from 65% to 85% of the collateral property value, 90% of the FD value, and 50% of the LIC, government bonds, and current portfolio value. On the other hand, Avanse extends loans up to 70% of the collateral value and 100% of the FD value.

Student Profile: Financial institutions like InCred consider the student's educational background, emphasizing fewer backlogs in bachelor's studies. However, banks like ICICI may have different criteria, disregarding this parameter.

Other crucial factors such as collateral property, incidental costs, interest rates, moratorium periods, processing fees, margin money, and balance show of funds play significant roles in customizing education loans for study abroad. Depending on your requirements and preferences, we tailor the best loan options to facilitate an easier and hassle-free application process.