{"id":6377,"date":"2023-07-18T12:55:33","date_gmt":"2023-07-18T07:25:33","guid":{"rendered":"https:\/\/fly.finance\/blog\/?p=6377"},"modified":"2023-07-18T12:55:34","modified_gmt":"2023-07-18T07:25:34","slug":"study-abroad-loans-looking-for-an-abroad-education-loan-without-collateral-check-details-news-2023-07","status":"publish","type":"post","link":"https:\/\/fly.finance\/blog\/news-updates\/study-abroad-loans-looking-for-an-abroad-education-loan-without-collateral-check-details-news-2023-07\/","title":{"rendered":"Study Abroad Loans: Looking for an Abroad Education Loan Without Collateral? Check Details"},"content":{"rendered":"\n

Abroad education loan without collateral<\/strong><\/a> in India is available at nationalised banks<\/strong><\/a>, private banks, NBFCs<\/strong><\/a>, and private lenders. Availing of education loans without collateral to study abroad is a simplified process. In India, students going abroad can get an education loan of up to INR 7.5 lakh without collateral under the Credit Guarantee Fund Scheme for Education Loans (CGFSEL)<\/strong><\/a>. <\/p>\n\n\n\n

Some of the key advantages are an uncomplicated documentation process, availability of numerous options, and usage of co-signer as a variable option. Additionally, non-collateral study abroad loans cover up to 100% of tuition fees and other academic-related expenses.<\/p>\n\n\n\n

Moreover, key features of a non-collateral loan are high-interest rates and lesser loan processing time as opposed to a loan with collateral security<\/strong><\/a>. <\/p>\n\n\n

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Top Lenders for Abroad Education Loan Without Collateral <\/span><\/h2>\n\n\n\n

Several top lenders offer abroad education loans without collateral, making it easier for students to finance their international studies. Institutions such as SBI<\/strong><\/a>, UBI, Axis Bank, HDFC Credila<\/strong><\/a>, Avanse, ICICI Bank, etc provide several non-collateral loan options. These loans are available at competitive interest rates and have flexible repayment options. These top education loan lenders in India have hassle-free loan disbursals, thereby, enabling aspiring students to pursue their educational dreams abroad.<\/p>\n\n\n

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Eligibility Criteria for Abroad Education Loan Without Collateral<\/span><\/h2>\n\n\n\n

To qualify for a study abroad loan without collateral, applicants generally need to meet the following common eligibility criteria:<\/p>\n\n\n\n