IDBI Bank offers education loan for deserving and meritorious students who want to pursue higher education in India and abroad. Apply Now

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Education Loan

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Your passport to fly high in
the sky of success

3. • Studying abroad is an expensive
thing. The cost factor involved is
quite higher compared to studies in
India.
• Therefore, a proper planning is
required to ensure that adequate
funds are available when needed
during your studies abroad.
• Secondly, when you apply for student
visa, it is mandatory that you need to
show sufficient funds in your bank
account to get admission in top
notch foreign universities.
• Most of the times parents and
student who are unable to arrange
sufficient finances often decide to
scrap the plan of further studies
abroad.

4. • But today government of India has taken
concrete steps for providing better
education facilities to the youth of our
nation.
• In order to make sure that no student is
denied of pursuing higher education,
various banks and private finance firms
in India have come up with state-of-the-
art facilities for study loan overseas
scheme.
• So bank a suitable opportunity now and
create own your world of successes by
pursuing good and quality higher
education in India or abroad.
• Government banks demand for margin
money of around 15-20% of the loan
amount to approve study loan overseas.

5. • While sanctioning overseas education loan banks or private firms prefer students
falling in the age group of 16-26 or certain fixed age range.
• Another major criterion that they look in a student before offering a loan for abroad
studies is considering his or her academic records.
• A student who has secured first class throughout his or her academic life and has
never taken a break in education is considered eligible for student loans.
• Education loan overseas have come as a boon for millions of aspiring students across
India who wish to seek their career abroad.
• These are the wings that will ultimately help them fly high in the sky of successes
through better job facilities and good individual & family growth in life.

6. Click to know more on Education Loan:
http://www.idbi.com/education-loan.asp