Hello I'm niyati mochi.....Is there any loan possibility for study ?? Because I m from low class family?

Asked by Niyati mochi over 1 year ago

Answers 2
Divyakshi  Gupta

Divyakshi Gupta

Study Abroad Expert

Yes. You can get a study abroad loan without collateral. Before you assume it to be too much of a hassle and think about already dropping the idea, I have created a list of banks that provide an easy education loan and that too without any collateral:

HDFC Bank - up to Rs45 Lakhs

State Bank - up to Rs1.5 Crore

IDBI Bank - up to Rs 20 Lakhs

Punjab Bank - up to Rs 25 Lakhs

Sind Bank - up to Rs 20 Lakhs 

All these banks provide a very easy loan process, provided that all your documentation is complete and authentic. Any discrepancy can lead to your loan application being rejected. But apart from this, trust me the process is very efficient and less time-consuming. 

If you are still confused and want more details on how to apply for a loan, what documents would be required etc., you should directly get in touch with experts for FREE. They will help you with all the information that you need and guide you through the complete loan process. 

Let me know if this helped and if you want any more information from my end. 



MentR-Me Team

Hello Niyati,

Securing funding for studying abroad is a common concern, but there are numerous loan possibilities for students from economically weaker sections. Firstly, consider educational loans from banks; these often have provisions for lower interest rates and flexible repayment terms for students planning to study internationally. You should look into both private and public banks, as well as financial institutions that specialize in educational loans.

Additionally, it's important to explore scholarships and grants offered by both governmental organizations and the universities themselves. Some countries offer specific scholarships for international students, which can help alleviate the financial burden of tuition and living expenses. I recommend starting your research early, as some scholarships have early deadlines.

Also, be proactive in contacting university admissions and financial aid offices they can offer detailed information about potential loans, scholarships, and part-time work opportunities on campus. Remember, thorough research and early application are key to securing the best financial support for your studies abroad.

Get in Touch with a Study Abroad Expert.


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