#1  
23rd February 2022, 08:48 PM
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Eligibility to get overseas study loan for studying in Australia?


Eligibility to get overseas study loan for studying in Australia?
I am verymuch interested in this loan?




  #2  
23rd February 2022, 11:58 PM
shrivastava_aman
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Join Date: Jun 2015
Posts: 1,789
Default Re: Eligibility to get overseas study loan for studying in Australia?

There is no eligibility criteria for getting the education loan.

All you need is a proper documentation.

You need to produce all the proofs that you are getting an offer from so and so university and you need a certain amount of money to secure the admission.

Bank will verify your claim and if found true, you would get the loan.
  #3  
24th February 2022, 09:17 PM
Hera tabrez
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Join Date: Oct 2020
Location: Kanpur
Posts: 6,959
Default Re: Eligibility to get overseas study loan for studying in Australia?

Banks do provide loan to students upto 20 lacs for studying abroad.
Those who are planning to go abroad can avail a loan amount upto 20 lacs .

Universities across Australia provide loans for local and international students .
They provide loan upto $3000 AUD if their co signer lives overseas or is not an Australian citizen.
Eligibility
Applicant must be an Indian citizen
Must have attained age of 18
Must have a good academic background
Must have secured admission in any recognised institution
The course in which admission has been taken must be a technical or professional one, as banks mainly give preference to job oriented courses.
  #4  
25th February 2022, 09:50 AM
cookie1902
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Join Date: Jan 2019
Posts: 12,120
Default Re: Eligibility to get overseas study loan for studying in Australia?

The eligibility to get a study loan for studying in Australia is given below.

--> An applicant must be a citizen of India.
--> An applicant must have secured admission to a recognized university in Australia.
--> An applicant must have enrolled for a program that is recognized by the government bank.
--> The loan applicant must have attained the age of 18 years else his/her parents will have to avail of the loan.
--> The desired course which the applicant is going to undertake must be a technical or professional one, as banks give preference to job-oriented courses.
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  #5  
26th February 2022, 07:01 PM
Msdhoni02
 
Join Date: May 2021
Posts: 4,040
Default Re: Eligibility to get overseas study loan for studying in Australia?

Eligibility to get overseas study loan for studying in Australia?

Students profile with minimum set KT's or no KT's are eligible to apply.

Whoever will be the co-signatory, he or she must have 650 or above CIBIL score.

The co-signatory must also have sufficient disposable income to pay the interest of the loan.
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  #6  
27th February 2022, 09:11 AM
ashishboudha
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Join Date: Aug 2019
Location: Delhi,India
Posts: 6,746
Default Re: Eligibility to get overseas study loan for studying in Australia?

Eligibility to get overseas study loan for studying in Australia?

The candidate applying for the loan must be a resident of India.
He/she must have confirmed admission in recognised educational institutes in India or abroad.
The age of the candidate must fall within the bracket of 18 to 35 years during loan application.
He/she must be undergoing a graduate/postgraduate degree or a PG diploma.
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  #7  
27th February 2022, 06:00 PM
Dineshkumar1907
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Join Date: Oct 2019
Location: Lucknow
Posts: 5,512
Default Re: Eligibility to get overseas study loan for studying in Australia?

Eligibility:-

1- Students profile with minimum set KT's or no KT's are eligible to apply.

2- Whoever will be the co-signatory, he or she must have 650 or above CIBIL score.

3- The co-signatory must also have sufficient disposable income to pay the interest of the loan.

4- Also the property must be mortgageable, unhibited and should have proper paper work done.
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