The Smarter Way to
Finance Your
Global Education
From public banks to private lenders and NBFCs, we help you unlock the right education loan with expert guidance, faster action, and complete peace of mind.
Expert Available
Free Loan Guidance
What is an
Education Loan?
Study Abroad Without Financial Stress — Powered by Student's Choice
An education loan is a smart financial solution that helps students achieve their dream of studying abroad without worrying about upfront expenses. It covers essential costs such as tuition fees, accommodation, travel, insurance, and other academic requirements.
At Student's Choice, we simplify your entire loan journey. Based on your profile, we connect you with multiple trusted lenders and help you choose the most suitable and affordable option — from eligibility check and documentation to loan approval and disbursement.
Talk to a Loan Expert Free →Why Take an Education Loan?
4 key benefits at a glance
Covers tuition fees, accommodation, travel, insurance & other academic costs.
Offered by public banks, private banks and NBFCs with flexible repayment terms.
Moratorium period during studies — no EMI pressure while you focus on learning.
Tax benefit on interest paid under Section 80E for up to 8 years.
₹75L
Max Unsecured
15+
Lender Partners
24hr
Expert Response
Which Education Loan is
Right for You?
Understand your options and choose the best loan type based on your profile, budget, and repayment needs.
Secured Education Loans
With Collateral
- ✓Pledge property or fixed assets as collateral.
- ✓Lower interest rate compared to unsecured loans.
- ✓Longer repayment tenure for better flexibility.
- ✓Ideal for higher loan amounts (₹50 Lakh+).
- ✓Best for students with family assets to offer.
Unsecured Education Loans
No Collateral Required
- ✓No collateral required — approved on profile & income.
- ✓Available up to ₹75 Lakh for top-ranked universities.
- ✓Slightly higher rate but fast processing & approval.
- ✓Suitable for students without property or assets.
- ✓Ideal for studying in USA, UK, Canada, Australia.
Among Unsecured Education Loans — Different Categories for Diverse Needs
No Collateral, No Co-borrower
Offered by international lenders. Your university must be listed by the lender for eligibility.
Co-borrower Abroad
A citizen or permanent resident co-borrower in the destination country can significantly improve approval chances.
Co-applicant in India
Parent or guardian with stable income acts as co-applicant. Most common option for Indian students.
Student Loan
- •Loan options from NBFCs, public & private banks
- •Faster and timely loan disbursement
Forex
- •Block Account GIC for Canada
- •Forex Card Currency Exchange
- •Prepaid/Postpaid SIM cards with free incoming calls
Insurance
- •Cashless treatment in hospitals around the world
- •Personal Accident Cover
International Bank Account
- •Open an account before the move
- •Pay for your tuition, rent & other expenses
Admission Counseling
- •University shortlisting & application support
- •SOP & LOR review by experts
Visa Assistance
- •End-to-end visa documentation support
- •98% student visa success rate
Accommodation Help
- •Student housing options near your university
- •Verified listings with zero brokerage
Student Loan
- •Loan options from NBFCs, public & private banks
- •Faster and timely loan disbursement
Forex
- •Block Account GIC for Canada
- •Forex Card Currency Exchange
- •Prepaid/Postpaid SIM cards with free incoming calls
Insurance
- •Cashless treatment in hospitals around the world
- •Personal Accident Cover
International Bank Account
- •Open an account before the move
- •Pay for your tuition, rent & other expenses
Admission Counseling
- •University shortlisting & application support
- •SOP & LOR review by experts
Visa Assistance
- •End-to-end visa documentation support
- •98% student visa success rate
Accommodation Help
- •Student housing options near your university
- •Verified listings with zero brokerage
How to apply for an Education Loan?
A simple 5-step process from application to disbursement — we handle it all.
Online Application for Student Loan
Fill out a quick online form with your basic details such as course, country, university, and loan requirement.
Document Submission
Submit the required documents like admission letter, KYC, academic records, income proof, and bank statements.
Profile Verification
Our experts review your profile and verify your application details to match you with the best loan options.
Approval & Sanction
Once approved, you receive the sanction letter with loan amount, terms, and conditions.
Disbursal
After acceptance and final formalities, the loan amount is disbursed as per university fee schedule or directly to your account.
Your Trusted Partner for
Overseas Education Loans
We simplify the complex world of education financing so you can focus on what matters — your studies.
₹15,000 Cr+
Loans Sanctioned
50,000+
Students Helped
15+
Lender Partners
98%
Success Rate
15+ Lending Partners
Access public banks, private banks & NBFCs — all under one roof. We match you to the right lender.
Faster Processing
Skip the queues. Our expert-guided process reduces application time and eliminates common delays.
Higher Approval Rate
Smart lender matching + expert document review = significantly higher approval probability.
Collateral-Free Options
We help you find unsecured loans upto ₹75 Lakhs with no collateral required for top universities.
End-to-End Support
From document preparation to final disbursement, our team walks with you at every step.
Best Interest Rates
We negotiate on your behalf and compare offers to ensure you get the most competitive rate.
From Application to Approval
in 5 Simple Steps
Our proven process has helped 50,000+ students secure education loans without stress.
Check Your Eligibility
Use our free eligibility checker or talk to an expert. We analyse your academic profile, university, and financial background in minutes.
Get Matched with Lenders
We map your profile to the best-fit lenders from 15+ banks and NBFCs — public, private, and NBFCs — and present you the top options.
Document Preparation
Our team helps you prepare a complete, error-free document package tailored to your chosen lender's specific requirements.
Application & Follow-up
We submit your application and actively follow up with the bank so you never have to chase anyone. Real-time status updates included.
Loan Approval & Disbursement
Receive your sanction letter and get funds disbursed directly to your university — on time, every time.
Explore Loan Options from
Public Banks, Private Banks & NBFCs
We compare all options so you get the best interest rate, tenure, and terms for your profile.
Public Bank Loans
SBI, PNB, Union Bank, BOB & more
Interest Rate (p.a.)
8.15% – 10.5%
- ✓Subsidised rates under govt. schemes
- ✓Up to ₹1.5 Cr for top universities
- ✓Moratorium period during study
- ✓Tax benefit under Sec 80E
Private Bank Loans
ICICI, Axis, IDFC First & more
Interest Rate (p.a.)
10% – 13%
- ✓Faster processing & approval
- ✓Collateral-free up to ₹75 Lakhs
- ✓Dedicated relationship manager
- ✓Up to 15 years repayment tenure
NBFC / Private Lenders
Credila, Avanse, InCred, Auxilo & more
Interest Rate (p.a.)
11% – 15%
- ✓No collateral for abroad studies
- ✓Covers 100% tuition + living costs
- ✓Loan for rejected bank applicants
- ✓Flexible eligibility criteria
Who Can Apply &
What Do You Need?
Most students are eligible. Check the basic criteria and start gathering your documents today.
Basic Eligibility Criteria
Admission Letter
Confirmed offer letter from a recognised university abroad or in India.
Academic Record
60%+ marks in 10th, 12th, and graduation (if applicable).
Age Criteria
Indian citizen, 18–35 years of age at time of application.
Co-applicant
Parent/guardian as co-applicant with stable income or co-borrower.
Collateral (Optional)
Required for higher loan amounts. Not needed for collateral-free options.
Credit Score
Good credit history of co-applicant helps secure better rates.
Documents Required
- ✓Admission offer letter from university
- ✓Student's KYC (Aadhaar, PAN, Passport)
- ✓Academic records (10th, 12th, Degree)
- ✓Co-applicant KYC & income proof
- ✓Bank statements (last 6 months)
- ✓Fee structure / cost of attendance
- ✓Collateral documents (if applicable)
- ✓Scholarship letter (if any)
Not Sure About Eligibility?
Fill in basic details and our expert will call you within 24 hours.
Explore popular study destinations
Find a country to learn and excel in all aspects of life
United States
United Kingdom
Canada
Germany
Ireland
France
Australia
India
United States
United Kingdom
Canada
Germany
Ireland
France
Australia
India
United States
United Kingdom
Canada
Germany
Ireland
France
Australia
India
United States
United Kingdom
Canada
Germany
Ireland
France
Australia
India
Spain
Singapore
Switzerland
New Zealand
UAE
Netherlands
Sweden
Japan
South Korea
Spain
Singapore
Switzerland
New Zealand
UAE
Netherlands
Sweden
Japan
South Korea
Spain
Singapore
Switzerland
New Zealand
UAE
Netherlands
Sweden
Japan
South Korea
Spain
Singapore
Switzerland
New Zealand
UAE
Netherlands
Sweden
Japan
South Korea
Refer a Friend, Earn Rewards
Make your friends a part of the Student's Choice community and help them fast-track their future. Know someone who needs an education loan? Just introduce them to us and we'll take care of the rest.
What Students Say About Us !
Hans Nizam Shmiski
MS in Data Science, USA
"I was at a point where it felt like I had exhausted all my options for securing an education loan, and that's when I turned to Students Choice for help. They got my sanction in just 14 days, and the process was smoother than I ever imagined."
Ayushi Bansal
MSc Finance, UK
"Had a smooth experience getting my education loan sanctioned with Students Choice. All thanks to Ritu, who guided and supported me from the start to the very end. Truly student-first service."
Chandra Sekhar
MS in CS, Canada
"It was a great experience applying for my education loan for her further studies abroad. I was associated with Students Choice, who were extremely polite and helpful. They understood our needs and gave us the best plan."
Siddharth Rao
MEng, Germany
"The loan process was so much easier than I expected. The team handled all the paperwork and I received my sanction letter quickly, with complete transparency at every step."
Ramandeep Kaur
MBA, Ireland
"I'm incredibly grateful for the support I received throughout this journey. From document review to lender matching, everything was handled professionally and on time."
Start Your Journey With Students Choice
Whether you're a student, consultant, or institution — we have the right solution and support for your success.
Students
We'll guide you to your dream course — from university selection to visa and beyond.
- Course & University Selection
- Scholarships & Education Loan
- Visa & Documentation Support
- Pre-Departure Assistance
Consultants & Agents
Partner with us and get access to 1000+ universities and high-quality student leads.
- High-Quality Leads
- Attractive Commission
- Fast Application Process
- Dedicated Partner Support
Institutions & Universities
Expand your global reach and recruit the right students by partnering with us.
- Access to Qualified Students
- Global Visibility & Promotion
- End-to-End Application Support
- Long-Term Partnership Growth
Frequently Asked Questions
Don't worry, your loan can be approved faster than you think
Just share your documents and get the approval in 48 hours.