Overseas Education Loan
Often, as in all cases of higher education, funds are required to study abroad. Thanks to the availability of overseas education loans getting it is easier than ever.
How SS Mission could Help
The years of experience in overseas education consultancy has equipped us to provide the candidates with all information pertaining to education loan. Contact our counselors to know all about the below-mentioned information sets.
Assistance in Obtaining Loan
- All banks do not provide education loans when it comes to studying MBBS abroad. SS Mission provides information on which banks provide such loans.
- Obtaining loans often require paperwork such as passport copy, admission letter from foreign colleges & universities & even signed copies of letters from college principals. SS Mission will take care of getting such paperwork ready, so that candidates may obtain the loans in a hassle-free manner.
- Candidates must remember that most banks do not hand over the money directly while giving loans. They often ask for the college bank account number where they directly transfer the amount, while the students get a statement of the loan amount being transferred. Pice Educare will always be with the students to smoothen out such a process.
The Student Loan Cover
- Tuition Fees
- The expenses for exams, laboratory, library, and accommodation/ hostel
- The expenses for purchasing equipment, books, uniform, and projects
- Travel expenses
- A refundable deposit, caution money, etc
Required Documents
- Marksheet and certificates
- Proof of admission
- The proof of capability to pay the course expense
- Photocopy of scholarship (if any)
- 2 photographs of passport size
- Bank statements of the last 6 months
- Last 2 years’ Income Tax Assessment Order
- A brief statement of assets and liabilities
- Proof of identity and residence (in case you are not an existing customer of the lending institution)
For detailed information on education loans set by the Reserve Bank of India, please visit
https://rbi.org.in/scripts/NotificationUser.aspx?Id=369