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Education Loans

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Every year more and more Indian students are choosing to study abroad. The most popular destinations to study are Australia, Canada, New Zealand, Ireland, United Kingdom and United States of America. Almost all banks / financial institutions have loan schemes for higher education abroad.

Under the Education loan scheme most banks offer loans from Rs.20 lakh to Rs.1.5 crore for financing up to 80% of the cost of the course. The interest rate is between 9% to 12.5% per annum depending on the bank or financial institute. Students who take up this scheme will be given 6 months to 1 year after completion of the course to begin the repayment of the loan. Loan to be repaid in 12 to 15 years after the course is completed

The Education Loans can be availed for the following courses abroad

  • Graduation, Post-graduation, Diploma including regular technical and professional Degree/Diploma courses conducted by colleges/universities approved by the government of the country
  • Teacher training/ Nursing courses approved by component authorities in that country
  • Regular Degree/Diploma Courses like aeronautical, pilot training, shipping etc. approved regulatory authority in that country

Getting an education loan is an easy way to finance your dreams. A student loan can help you get into the University / college of your choice

Expenses Covered

  • Tuition fees payable to college/university /hostel
  • Examination/library/laboratory fees
  • Purchase of books/equipment/instruments/uniforms, purchase of computers- essential for completion of the course (maximum 20% of the total tuition fees payable for completion of the course)
  • Caution deposit/refundable deposit (maximum 10% of tuition fees for the entire course)
  • Travel expenses/passage money for studies abroad
  • Any other expenses required to complete the course like study tours, project work etc

Our partners

We at Atlas provide advice on education loans and link you up with banks or education loan providers Contact Us

  • Head Office

    Atlas Education Consultants Pvt Ltd
    3-5-1092/5/F Venkateshwara
    Colony,Beside Water Tank
    Narayanguda, Hyderabad - 500029
    Telangana, India
    +91 40 66665660, +91 8985702222
    assist@atlasindia.net
  • Hyderabad – Dilsukhnagar

    1ST Floor, Sirigiri Complex
    Beside Venkatdri Cinema,
    Opposite Bus Stop, Dilsukhnagar,
    Hyderabad - 500060, Telangana, India
    +91 9494107555
    dsnr@atlasindia.net
  • Andhra Pradesh – Vijayawada

    DNo:40-1/1-17, 1st Floor,
    Off MG Road, Opposite Pvp Mall Main Gate,
    Lane Beside Minerva Grand,
    Vijayawada – 520010, AP, India.
    +91 8500108555
    vij@atlasindia.net
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