How Much Education Loan Can I Get
How Much Education Loan Can I Get
Blog Article
HDFC Credila and Avanse: The Highest Loan Amount Available
Introduction
How Much Education Loan Can I Get? Traditional public sector banks frequently fall short in the face of the growing expense of higher education, particularly for students studying overseas, and meet the full financial needs of students. This is where non-banking financial companies (NBFCs) like HDFC Credila and Avanse Financial Services step in, offering customized loan solutions with flexible terms, quick disbursements, and higher loan limits.
But how much loan can you get from HDFC Credila and Avanse in 2025? Maximum Loan Amounts at a Glance
Lender | Maximum Loan Amount | Collateral Required? |
HDFC Credila | No official upper limit (₹1.5 Cr+) | Optional (based on profile) |
Avanse | No upper cap (₹1 Cr+ typical) | Optional (flexible options) |
Tuition, living expenses, travel, and even the cost of computers or tests are all fully covered by both lenders.
Loan amounts are customized according to the co-applicant's income, the student's profile, the course, and the country.
Coverage for Loans Contains
- Admission and tuition costs
- Costs of living and lodging
- Travel (flight to the study location)
- Project supplies, a laptop, and books
- Exam, lab, and library fees
- Travel and medical insurance
Factors Influencing the Amount Sanctioned
- Course Type and Country:
How Much Education Loan Can I Get? MS, MBA, STEM degrees in the US and the UK. Higher limits are frequently applicable to countries like Canada, Germany, etc.
- University Ranking:
Your chances of receiving a higher sanction are increased by attending one of the top 200 universities in the world or a reputable Indian university.
- Co-applicant Profile:
The parent or guardian's employment situation, income level, and CIBIL score are very important.
Why Pick HDFC Credila & Avanse and Other NBFCs?
- Quicker payout procedure than public banks
- Adaptable choices for repayment (EMI begins in partial interest mode or after the course).
- Pre-admission sanction: Before receiving your visa, you may receive a conditional loan sanction.
Unique Qualities
- Loans approved before admission or visa
- Tailored paperwork and on-site assistance
- Customized loan amounts for the US, UK, Canada, Germany, Australia, and other countries
- Avanse Financial Services offers 360-degree funding for education. Includes student housing and exam coaching.
- Available pre-visa disbursement
- Online and skill-based courses are also eligible for loans.
Conclusion
How Much Education Loan Can I Get in 2025? HDFC With loan sums frequently surpassing ₹1 crore, Credila and Avanse provide among the highest education loan limits accessible to Indian students, particularly for study abroad programs. They offer a dependable substitute for conventional banks because they have variable payback terms, complete expense coverage, and no higher cap.
These NBFCs make it financially possible to pursue postgraduate degrees in medicine or design, an MS in computer science, or a global MBA, allowing you to concentrate on your future rather than your financial situation. Before choosing the lender that best suits your academic path, always examine loan terms, interest rates, and processing costs. Report this page