N R H I C

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Overseas Education Loan Assistance

Overseas Education Loan Assistance

We provide bank loan support from loan application to documentation to interaction with private and national banks to ensure you have a hassle-free education loan to fund tuition and living expenses while studying abroad. We at NRHIC understand that the majority of students who want to pursue foreign education require bank loans; however, obtaining them can be a nightmare for both parents and students, with an endless number of visits to the bank, furnishing of various documents, and so on, all of which take a heavy toll on their psyche. Many people fail in their attempts, not because they are ineligible, but because they are not properly directed. This is when the support of our bank loan comes in handy.

We at NRHIC provide credible advice and assistance to secure education loans. We have close tie-ups with banks that readily offer loans to students who plan to Study Abroad.

Am I eligible for a bank loan?

The eligibility criteria of the bank to obtain an educational loan from any bank in India are as follows:

  • The student seeking an educational loan should be an Indian national.
  • The student should have secured admission to a professional/technical course through the entrance test/selection program.
  • The student should have secured admission to a foreign university/institution.
Documents I need to furnish.
  • Mark sheets of the last qualifying examination for school and graduate studies in India.
  • Proof of admission to the course.
  • Scheduling of expenses to the course.
  • Copies of letter confirming the scholarship.
  • Copies of foreign exchange permit, if applicable.
  • Two passport-size photographs.
  • Bank statement for the last six months of the borrower.
  • Income tax assessment order not more than two years.
  • Brief statements of assets and liabilities of the borrower.
  • If you are not an existing bank customer you would need to establish your identity and give proof of residence.