Education Loan Assistance | SET Study Abroad
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Service

Education Loan Assistance

We help you compare nationalised bank, private bank and NBFC options so you choose the loan that actually fits your family's situation.

How we help you fund your studies

Bank Comparisons

Interest rates, processing time and collateral requirements compared.

Documentation Support

Loan application paperwork prepared and checked.

Co-Applicant Guidance

Clear explanation of what sponsors/co-applicants need to provide.

How it works

How we handle it

Compare options

We compare nationalised bank, private bank and NBFC options for your situation.

Documentation

We prepare and check the loan application paperwork.

Co-applicant guidance

Clear explanation of what sponsors and co-applicants need to provide.

Sanction to disbursal

We help you get the sanction letter in time for your visa financial proof.

What is included

  • Secured and unsecured loan comparison
  • Bank and NBFC options with branches locally
  • Documentation preparation and checking
  • Co-applicant and collateral guidance
  • Sanction letter timing for visa proof
FAQ

Common questions

Can I get an education loan without collateral?

Yes, up to certain limits, though rates are higher than secured loans. The limit varies by lender and university ranking.

Does the loan cover living expenses?

Most education loans cover tuition plus living costs, travel and insurance, provided these appear in the cost estimate you submit.

Is there tax benefit on an education loan?

Yes. Interest paid is deductible under Section 80E of the Income Tax Act for up to eight years, with no cap on the interest amount.

Ready to get started?

Free counselling at our Hubli office, or by call.

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