Education Loan for Overseas Studies from India
Do you want to study abroad but don’t have enough money? An education loan for overseas studies can help. It’s money you borrow to support your studies in another country. This loan covers your tuition fees, living expenses, and travel costs. There are two types: secured (with something valuable like a house) or unsecured. The interest rates can differ, and you start paying it back after you finish studying, with a bit of extra time called a grace period. Usually, you need someone else to support your application, like a co-applicant or guarantor. You’ll also need to provide some documents when you apply for the loan.