Top International Student Loan Options for Indian Expats
Studying abroad can be expensive, especially in countries like the US, UK, Canada, and Australia. For Indian expats, securing a reliable student loan can make education more accessible. Here are top options:
Bank of America – Expat Education Loan
HSBC UK Student Loan
Citibank Global Education Loan
ICICI NRI Student Loan
SBI Global Study Loan
Axis Bank Expat Loan
Standard Chartered Overseas Education Loan
These loans offer instant approval, competitive interest rates, and minimal documentation for Indian expats.
Eligibility Criteria for International Student Loans
Indian citizenship or NRI status
Admission confirmation in a recognized university abroad
Proof of income / co-applicant with sufficient income (for some banks)
Good credit history for expats (if required)
Valid passport and visa for study
Meeting these criteria can drastically increase the chances of loan approval within 24–48 hours.
Benefits of Taking a US or UK Student Loan
Low-interest rates compared to personal loans
Flexible repayment options during and after studies
High loan amounts for tuition, accommodation, and living expenses
Easy online application for expats
Tax benefits on loan interest (where applicable)
Documents Required
Admission letter from the foreign university
Passport and visa copy
Proof of income of applicant or co-applicant
Academic transcripts
Bank statements (for some banks)
Step-by-Step Application Process
Check eligibility and select the preferred loan provider
Fill online loan application with personal, academic, and financial details
Upload required documents
Loan approval within 24–48 hours
Disbursement directly to the university or applicant’s bank account
Start repayment after the grace period (usually after course completion)
Tips to Increase Approval Chances
Maintain a good CIBIL or credit score
Provide accurate and complete documentation
Show co-applicant with strong income if necessary
Apply early to avoid delays in admission
Compare interest rates and select the best plan
Disclaimer
This page provides general information for educational purposes only. Loan terms, interest rates, and eligibility may vary by bank and applicant. All Finance Store is not responsible for any financial decisions made based on this content. Please consult with the respective bank or financial advisor before applying. High-value international loans involve risks and should be considered carefully.