Best Facility
Bank Loan Assistance
Education Loan for Overseas Studies
In many cases, financing is necessary to pursue education abroad. Fortunately, securing an overseas education loan has become more accessible.
How Reliable Career and Education Pvt. Ltd. Can Assist
Our extensive experience in overseas education consultancy enables us to offer candidates comprehensive guidance on education loans. Get in touch with our counselors to obtain detailed information about the following aspects.
Guidance in Securing Loans
- Not all banks offer education loans for studying MBBS abroad.
- Reliable Career and Education Pvt. Ltd. provides information about banks that extend such loans.
- The loan application process typically requires documentation, including a passport copy, admission letter from foreign colleges and universities, and signed copies of letters from college principals.
- Reliable Career and Education Pvt. Ltd. assists in preparing this paperwork to facilitate a hassle-free loan application process.
- It’s important to note that most banks do not disburse the loan amount directly to students. Instead, they transfer the funds directly to the college’s bank account, while students receive a statement confirming the loan amount transfer.
- Reliable Career and Education Pvt. Ltd. supports students throughout this process for a seamless experience.
Student Loan Coverage
- Tuition Fees
- Expenses for exams, laboratory, library, and accommodation/hostel
- Expenses for purchasing equipment, books, uniform, and projects
- Travel expenses
- A refundable deposit, caution money, etc.
Required Documents:
- Marksheet and certificates
- Proof of admission
- The proof of capability to pay the course expense
- Photocopy of scholarship (if any)
- 2 photographs of passport size
- Bank statements of the last 6 months
- Last 2 years’ Income Tax Assessment Order
- A brief statement of assets and liabilities
- A proof of identity and residence (in case you are not an existing customer of the lending institution)
For detailed information on education loan guidelines set by the Reserve Bank of India, please visit RBI’s official website.
