How much time does it take to process education loans and fund availability for studies abroad?
18 Aug 2026 · Answered by Yasika Choudhary · 1 min read
Processing times for education loans and fund disbursement for studying abroad depend on the lender:
- Public sector banks: 15 - 30 working days for processing, longer if collateral is involved.
- Private banks: 7 - 15 working days, provided all documents are complete.
- NBFCs (Non-Banking Financial Companies): 5 - 10 working days, especially for unsecured loans.
After sanction, tuition fees are usually sent directly to the university within 1 - 2 working days, and living expenses are disbursed to your account in another 1 - 2 working days.
Apply at least 3 - 6 months before your course starts to avoid delays, as timelines are subject to change.
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