Education Loan
An education loan is the most common way Indian students fund their overseas education. With the right guidance, you can secure a loan that covers tuition, living costs, travel, and equipment — with repayment starting only after you graduate.
What You Need to Know
Secured vs Unsecured
Secured loans require collateral (property/FD) and offer lower rates. Unsecured loans up to ₹40–75L are available for top-ranked universities.
Government-Backed Schemes
Vidya Lakshmi Portal, Central Government Interest Subsidy Scheme (CSIS), and state government schemes offer subsidised rates.
Top Lenders
SBI Global Ed-Vantage, HDFC Credila, Axis Bank, ICICI Bank, InCred, Avanse, and MPOWER (for USA/Canada) are popular options.
Tax Benefits
Interest paid on education loans is fully deductible under Section 80E of the Income Tax Act for up to 8 years.
Frequently Asked Questions
Education Loan — Expert Guidance from Right Directions
Studying abroad is an investment in your future. With the right education loan, you can access world-class universities without financial barriers. Right Directions helps Indian students navigate the complex education loan landscape — from identifying the right lender to preparing a flawless application that gets approved quickly.