Bank of Baroda provides education loans for abroad studies without collateral through the Baroda Scholar schemewhich is given for MBA,MCA,MS,and other notified courses that help with job creation. To get this education loan,the student must have secured admission to the notified university and course.
People also ask
How to get study abroad education loan without collateral in India?
Students who cannot pledge collateral as a security can opt for an unsecured abroad education loan, also known as study abroad education loan without collateral from NBFCs (Non-Banking Financial Companies) in India.
What is the maximum loan amount for abroad education without collateral?
On average NBFCs permit a maximum loan amount of 40 lakhs for abroad education without collateral to candidates. For the purpose of students?higher education, if you apply to NBFCs via WeMakeScholars, you can get a higher loan amount of up to 50 lakhs. Note: The loan limits for abroad education loans differ from country to country.
How to get an education loan for studying MS abroad?
All education loan for studying MS abroad can be classified into two main types: Leap Finance is one of India premium international education loan providers that sanctions instant student loans without asking for collateral. You can avail of the loan in just 3 days after you submit your online loan application on our platform!
Do I need a guarantor to get an education loan abroad?
In some countries, like India, you’ll need a guarantor for loans over amounts USD 5600 and security for loans over USD 10,500. When most loans to study abroad are USD 60 to 70K, if you don’t have or don’t want to depend on anyone else, an international lender like Prodigy Finance is a great alternative for an education loan without collateral.