Which loan is best for studying abroad?

Top Education Loans Providers in India for Study Abroad

• HDFC Bank. HDFC Bank offers education loans with preferential interest rates for reputed universities.
• State Bank of India.
• Axis Bank.
• Punjab National Bank.
• Bank of Baroda.
• Canara Bank.
• IDBI Bank.
• Avanse Financial Services.

Is it better to study abroad or locally?

Studying abroad also makes your curriculum vitae (CV) look more impressive. Although it isn’t always so, some employers do prefer those who have studied in a foreign country. Moreover, they tend to have better thinking skills, as well as being more mature and independent, compared to local graduates.

Does Wipro support higher studies?

Yes, you can pursue higher studies related to your profession in Wipro Technologies. You can apply for sabbatical leave for full time course for a minimum period of one year and a maximum period of 2 years. For availing these leave you must have completed at least 2 years of continuous service in Wipro.

Is it good to take loan to study abroad?

Taking a loan for study abroad will allow you to guard your savings like MFs, FDs, ULIPs, retirement savings, etc. and use them to satisfy other expenses. The Interest for a study abroad loan for nationalized banks is generally around 9\% to 11\%. So in terms of absolute interest differential the same is around 1\% to 3\%.

Does IBM sponsor MS?

IBM for instance has tied up with Mysore University to provide employees with the study (or MS in this case) component of the deal. IT majors hire graduates who meet the requirements of the organisation and can handle work and academics together.

What are the documents required for education loan for study abroad?

What all documents required for applying for Education Loan for Study Abroad? 1 Document type 2 Date of Birth 3 Residence Proof (if owned) 4 Residence Proof (for a rented property) 5 Aadhaar 6 PAN Card 7 Signature 8 Relationship proof 9 Academic documents 10 Income proof – Salaried

What are the requirements to apply for an international student loan?

The applicant must have attained the age of 18 else his/her parents will have to take the loan. The applicant must have a good academic background. The applicant must have secured admission to a recognized foreign university/institution/college.

What is the maximum amount of Education loan available for students abroad?

As such, there is no limit set by the banks for offering education loans to the students abroad. It depends on the bank to bank. The majority of the banks offer loans maximum up to INR 20-30 lakhs. Also, if the loan amount is more than INR 20 lakhs then the interest rate also increases.

Where can I get an education loan without a co-signer?

Global Student Loan Corporation (GSLC): The GSLC offers loans to international students to pursue their higher studies in the US without the requirement of any co-signer. Contact India’s leading education loan providers through Shiksha Study Abroad