Studying abroad can be an expensive affair. Every year, millions of students apply for education loans to fund their studies in the absence of a scholarship. However, securing a loan with a reasonable interest rate can be pretty challenging, especially if you're unaware of various bank loan schemes.
Fortunately, Abroadvice.com has your back! We have years of experience finding the best loan options to ensure you can study abroad without facing any financial constraints. So, partner with our experts and let us handle the paperwork to secure your loan ASAP.
Get hassle-free loan sanction at record time
When applying for a student visa, you must submit proof of finances to guarantee you can finance your studies and stay in the country. Therefore, if you fall short of the required funds, Abroadvice.com can help you secure pre-visa loans.
You can rely on Abroadvice.com to ensure whether you're eligible for an education loan or not. However, the criteria can vary according to the bank or loan scheme. Hence, our experts compare all available options to provide the best solution.
When you apply for our loan assistance service, we always provide merit-based benefits like reduced interest rates, better loan amount and more. So, if you have an exceptional academic record, enjoy these additional perks at no extra cost.
Applying to competitive exams, language proficiency tests, and institutes abroad can be financially draining for many students. That's why our short-term education loans are the best option to cover all application costs and travel fees.
If you’re in a hurry to get your education loan approved, you’ve come to the right place. Abroadvice.com guarantees a minimum of 72 hours to sanction a loan if you meet all the required conditions.
Since you must show proof of finances to secure your admission and apply for a visa, Abroadvice.com always provides loan certificates without delay. Once you confirm the loan, you can submit this document as proof of finances.
Choose us as your education funding partner for easy loan approvals
You can fill out the form on the home page or email us your education loan requirements, such as the total amount you require, the course or institute where you wish to study, and co-applicant or guarantor’s identity.
When applying for your loan, you will require a student KYC, academic transcripts, details about the course and university where you wish to study, a co-borrower KYC, income details and collateral documents. Ensure that you gather all the required documents to avoid unnecessary delays.
Once our loan consultants check your documents and find no issues, we will provide you with a loan offer letter. It highlights the loan amount you can receive and any additional documents we require to finalize the process.
The final stage of the loan application process is checking the loan agreement. It lists out all the terms and conditions. Once you sign and confirm the document, we will disburse the loan amount.
Share your details with the wise
To receive an education loan, you must have:
Abroadvice.com provides a list of all the documents required to process your loan application well beforehand, so you have enough time to gather everything.
At Abroadvice.com, we understand the need to secure an education loan ASAP to secure admission to an institute abroad. That’s why we offer a loan sanction period of at least 72 hours as long as your documents are in place.
The general requirements to apply for an education loan are:
At Abroadvice.com, we can help you find education loans that cover your entire student journey, including:
With the guidance of our experts, you can find loans that provide 100% financing.
Generally, lenders require students to fund their study abroad partially. However, at Abroadvice.com, we can help you find loans that offer 100% financing. Therefore, you won't have to pay any margin money to avail of financial assistance.
At Abroadvice.com, you can get secured and unsecured loans. Therefore, it is not necessary to provide collateral to secure financial assistance. However, collateral in the form of land deeds and property can help you secure a greater loan amount.
Once we receive your application, it takes us a minimum of 72 hours to sanction an unsecured loan as long as all the documents are in place. However, the disbursement time for a secured loan can be 8-10 working days.
To apply for an education loan on Abroadvice.com, you must:
We always ensure a hassle-free experience so you can concentrate on the admission process.
Abroadvice.com offers repayment tenure according to your convenience. The minimum tenure is usually 12 months, while the maximum is 15 years. Moreover, you don't have to start the repayment process as soon as you complete your course. We also offer a grace period of 3-6 months if you require some time to gather your finances.
Ideally, you should apply for an education loan at least 6-8 months before the beginning of your course. However, if you have not received an admission letter from the institute, you can apply for a pre-admission loan.