Do banks provide education loans for studying abroad?

Yes, most banks in India offer education loans for studying abroad. These loans typically cover tuition, accommodation, travel, and related expenses.

Loan amounts, interest rates, and eligibility criteria vary by bank and are subject to change. Some banks offer collateral-free loans up to a certain limit, while larger amounts may require collateral. Repayment terms and tax benefits (such as under Section 80E) are also commonly available.

For details on eligibility and the best loan options for your profile, connect with your LeapScholar counsellor.