ICIC Education Loan 2025 is a premier financing option for students planning to pursue international programs in the USA, UK, Canada, Australia, and Europe. ICIC Bank has designed education loan products to support undergraduates, postgraduates, MBAs, and research scholars who require financial assistance for tuition fees, living expenses, travel, and other costs.
Why Choose ICIC Education Loan in 2025?
ICIC is among the most reliable banks in India offering global education finance. With loan amounts up to ₹1 crore, competitive interest rates, and repayment flexibility, ICIC continues to be a leader in the education loan sector. International collaborations with universities make it easier for students to manage finances abroad.
Top 10 ICIC Education Loan Schemes & Benefits
ICIC Global Advantage Loan
Specially designed for top international universities.
- Loan up to ₹1 crore
- Coverage of tuition + living costs
- Repayment after course completion
ICIC Collateral-Free Loan
Available for loans up to ₹7.5 lakh.
- No collateral required
- Fast disbursement
- Ideal for undergraduates
ICIC MBA Loan Abroad
For global MBA programs at top universities.
- Loan up to ₹50 lakh
- Grace period after studies
- Special concessions for reputed institutions
ICIC NRI Student Loan
Supports NRIs and Indian expats studying overseas.
- Loan in INR & foreign currency
- Flexible repayment
- Coverage for travel & books
ICIC STEM Loan
Special package for Science, Technology, Engineering & Math students.
- Low interest rate
- Extended repayment
- Priority approval
ICIC Quick Disbursement Loan
Best for students with urgent visa requirements.
- Online application
- Approval within 7–10 days
- Fast disbursal
ICIC Research & PhD Loan
For postgraduate & doctoral research abroad.
- Coverage for labs & resources
- Higher loan limit
- Extended moratorium
ICIC Postgraduate Loan
Supports students in Master’s degree programs.
- Loan up to ₹60 lakh
- Coverage of tuition & living
- Flexible EMI
ICIC Partner University Loan
Exclusive tie-ups with leading global universities.
- Special concessions
- Dual support financing
- Reduced documentation
ICIC Top-Up Education Loan
Additional funds for students already abroad.
- Quick request approval
- No new collateral
- Seamless online process
Eligibility Criteria
- Indian citizen or NRI with confirmed admission abroad.
- 18–35 years age limit for applicants.
- Admission letter from recognized university.
- Valid passport, visa, and academic transcripts.
- Parent/guardian as co-borrower for higher amounts.
Documents Required
- University admission letter
- Mark sheets & certificates
- Passport, visa, identity proof
- Parent/guardian income proof
- Collateral documents (if applicable)
Frequently Asked Questions (FAQs)
Q1. How much loan can I get from ICIC for studying abroad?
You can get up to ₹1 crore depending on the course and country.
Q2. Does ICIC provide collateral-free loans?
Yes, up to ₹7.5 lakh without collateral.
Q3. What is the repayment period?
Generally 10–15 years with a moratorium during studies.
Q4. Can NRI students apply?
Yes, ICIC provides NRI education loan services globally.
Q5. Which expenses are covered?
Tuition, living, books, travel, exam fees, and other essentials.
Disclaimer: This content is for informational purposes only. We do not provide financial advice or guarantee approval. Loan eligibility, interest rates, and policies are subject to ICIC Bank’s regulations. Students must verify all details with the official ICIC website before applying.