A loan based on your future earnings

An international student loan with us is an easy and affordable way to fund your education on your own. Our loans help support your independence since we never require a cosigner or collateral. 

Rely on low rates and high limits


  • Loans from US$2,001 to US$100,000
  • Fixed and competitive interest rates that will never increase
  • 0.25% interest rate discount with automatic payments

Loans that fit your life

  • Quick conditional loan offer
  • No prepayment penalty
  • Students supported at 400+ U.S. and Canadian schools

Benefits that go beyond funding

  • Visa support
  • Career development guidance and resources on the topics that matter most to international students

Why Dev Global is the right choice for you

Ready to start your global career? We're here to help.

We work with you to help realise your dream of studying overseas for professional and personal growth. We combine experience and technology to help you make the most informed decision possible.

green-tick    No Collateral Required

green-tick    Interest Rate Starts At 11%

green-tick    Full Cost Coverage

green-tick    Super Flexible

Calculator

Loan amount

$15000

Interest Rate

11%

Year

Course duration(month)

$15000

MMP in the first 32 months

50$

Fixed EMI to be paid during the course + 6 months period



Amount Payable

$105294.72

EMI Post course completion

$1016.98

EMI post course completion + 6 months grace period

Amount Payable

$ 55,000

Loan Amount

5

Number Of Year

11%

Interest Rate

$105294.72

Get started

Register your interest and tell us more about your study plans. We’ll help you get everything ready so that applying for funding is effortless.

Apply for funding

In exchange for some additional details about your plans, you’ll receive a customized quote. If you’re still deciding where to study, you can submit an application for each school and compare offers.

Upload your documents

Accept the quote that’s right for you and upload a few documents. We’ll finalise our risk assessment, and you’ll join our waitlist while we confirm available funding

Finalise your loan

We’ll match your application with the funds we’ve raised from our community of investors. If you’re matched, we’ll notify you so you can commit to your loan and get an official letter to use when applying for your visa.

Sign on the dotted line

Sign your loan when you land on campus, and your money is on the way! We send funds straight to your school, so you don’t have to worry about making complex international transfers.

Study first, pay later

Soak up campus life and share your story with the next batch of international grads. Payments don’t start until 6 months after classes end if you study full time, so you can focus on getting your degree and landing that dream job.

Education Loan For Abroad Eligibility

It is essential that students check if they are eligible to apply for a student education loan for study abroad. Although each bank or financial institution will have particular criteria or eligibility for education loans; we have some general terms and conditions that are common among them all. The following is a list of the typical terms and conditions that any bank will usually adhere to when providing an education loan.

  • The candidate must be an Indian national
  • If the applicant is under 18 years old, then her or his parents will have to take out the loan
  • The candidate must have a strong academic record
  • The candidate must have been accepted to a reputable overseas university, institution, or college
  • The applicant's chosen course must be technical or professional because banks prefer courses that are job-oriented

Note: Please be aware that each bank may have its own qualifying requirements, which must be followed when applying to that specific bank

ed-loan-eligibility-img

What are the Documents Required For Abroad Education Loans?

Documents needed for education loans for abroad studies differ depending on the lender and the type of loan being requested. The applicant must be fully informed of the documentation needed to apply for a study loan abroad before applying for education loan. The standard paperwork that almost all lenders demand is listed below:

Essentials

  • Filled application form
  • Photographs: Passport-size photographs of the applicant and the co-applicant.

Identity Related Documents

KYC Documentation

  • Aadhar Card
  • PAN Card
  • Driving License

Address Proof

  • Aadhar Card
  • Valid Passport
  • Valid water/electricity/ LPG Bill
  • Voter’s ID card
  • Current House Lease Agreement

Academic Record Documents of the Applicant

1. Proof of Admission

2. 10th Result

3. 12th Result

4. Undergraduate Result Semester Wise (If required)

5. Entrance Exam Result - Abroad institutes (GRE, GMAT, TOEFL, etc.)

6. Entrance Exam Result- Domestic institutes (CAT, CET, GMAT, CMAT, JEE, NEET, GRE, etc.)

Financial Documents of the Co-Applicant

For Salaried Co-Applicant

  • ast 3 months’ salary slips
  • Bank account statement for the previous six months
  • Copy of Form 16 for the last two to three years or a copy of IT Returns for the last two to three fiscal years, acknowledged by the Income Tax Department (salary account)

For Self-employed Co-Applicant

  • Business address proof (If Applicable)
  • TDS Certificate (Form 16A, if applicable)
  • Last 3 years ITR Certificate of qualification (for C.A./ Doctor and other professionals)
  • Bank Account statement for the last 6 months

Collateral Related Documents (If applicable)

  • Title deed & Sales Deed
  • Allotment letter
  • Registration receipt
  • Tax copy or electricity bill
  • Chain deed of 30 years
  • Government-approved building plan
  • OC and Completion Certificate (if the property is constructed)

How to Apply for an Overseas Education Loans?

It is usually good to apply for an overseas education loan a little early because the entire loan process—from loan application to approval and disbursement—takes time. Before understanding the whole application process; here are a few things that a student must do prior to officially applying. 

  • Check to see if the course you plan to enrol in is accepted by the banks
  • Determine how much of a loan you will need and how much you can arrange on your own
  • Choose the student loan that best suits your needs by comparing those offered by various banks for studying abroad

Take the following actions to apply for a student loan:

  • Step 1: Check your loan eligibility online
  • Step 2: Seek professional loan advice to weigh your options
  • Step 3: Choose a lender and submit an online application
  • Step 4: Get the personalised education loan paperwork checklist
  • Step 5: Submit the necessary documentation for your student loans online 
  • Step 6: Get the property and other legal evaluations completed
  • Step 7: After the lender approves your application for an education loan, obtain the loan sanction letter

Get started

Register your interest and tell us more about your study plans. We’ll help you get everything ready so that applying for funding is effortless.

Apply for funding

In exchange for some additional details about your plans, you’ll receive a customized quote. If you’re still deciding where to study, you can submit an application for each school and compare offers.

Upload your documents

Accept the quote that’s right for you and upload a few documents. We’ll finalise our risk assessment, and you’ll join our waitlist while we confirm available funding

Finalise your loan

We’ll match your application with the funds we’ve raised from our community of investors. If you’re matched, we’ll notify you so you can commit to your loan and get an official letter to use when applying for your visa.

Sign on the dotted line

Sign your loan when you land on campus, and your money is on the way! We send funds straight to your school, so you don’t have to worry about making complex international transfers.

Study first, pay later

Soak up campus life and share your story with the next batch of international grads. Payments don’t start until 6 months after classes end if you study full time, so you can focus on getting your degree and landing that dream job.

Education Loan For Abroad Eligibility

It is essential that students check if they are eligible to apply for a student education loan for study abroad. Although each bank or financial institution will have particular criteria or eligibility for education loans; we have some general terms and conditions that are common among them all. The following is a list of the typical terms and conditions that any bank will usually adhere to when providing an education loan.

  • The candidate must be an Indian national
  • If the applicant is under 18 years old, then her or his parents will have to take out the loan
  • The candidate must have a strong academic record
  • The candidate must have been accepted to a reputable overseas university, institution, or college
  • The applicant's chosen course must be technical or professional because banks prefer courses that are job-oriented

Note: Please be aware that each bank may have its own qualifying requirements, which must be followed when applying to that specific bank

ed-loan-eligibility-img

What are the Documents Required For Abroad Education Loans?

Documents needed for education loans for abroad studies differ depending on the lender and the type of loan being requested. The applicant must be fully informed of the documentation needed to apply for a study loan abroad before applying for education loan. The standard paperwork that almost all lenders demand is listed below:

Essentials

  • Filled application form
  • Photographs: Passport-size photographs of the applicant and the co-applicant.

Identity Related Documents

KYC Documentation

  • Aadhar Card
  • PAN Card
  • Driving License

Address Proof

  • Aadhar Card
  • Valid Passport
  • Valid water/electricity/ LPG Bill
  • Voter’s ID card
  • Current House Lease Agreement

Academic Record Documents of the Applicant

1. Proof of Admission

2. 10th Result

3. 12th Result

4. Undergraduate Result Semester Wise (If required)

5. Entrance Exam Result - Abroad institutes (GRE, GMAT, TOEFL, etc.)

6. Entrance Exam Result- Domestic institutes (CAT, CET, GMAT, CMAT, JEE, NEET, GRE, etc.)

Financial Documents of the Co-Applicant

For Salaried Co-Applicant

  • ast 3 months’ salary slips
  • Bank account statement for the previous six months
  • Copy of Form 16 for the last two to three years or a copy of IT Returns for the last two to three fiscal years, acknowledged by the Income Tax Department (salary account)

For Self-employed Co-Applicant

  • Business address proof (If Applicable)
  • TDS Certificate (Form 16A, if applicable)
  • Last 3 years ITR Certificate of qualification (for C.A./ Doctor and other professionals)
  • Bank Account statement for the last 6 months

Collateral Related Documents (If applicable)

  • Title deed & Sales Deed
  • Allotment letter
  • Registration receipt
  • Tax copy or electricity bill
  • Chain deed of 30 years
  • Government-approved building plan
  • OC and Completion Certificate (if the property is constructed)

How to Apply for an Overseas Education Loans?

It is usually good to apply for an overseas education loan a little early because the entire loan process—from loan application to approval and disbursement—takes time. Before understanding the whole application process; here are a few things that a student must do prior to officially applying. 

  • Check to see if the course you plan to enrol in is accepted by the banks
  • Determine how much of a loan you will need and how much you can arrange on your own
  • Choose the student loan that best suits your needs by comparing those offered by various banks for studying abroad

Take the following actions to apply for a student loan:

  • Step 1: Check your loan eligibility online
  • Step 2: Seek professional loan advice to weigh your options
  • Step 3: Choose a lender and submit an online application
  • Step 4: Get the personalised education loan paperwork checklist
  • Step 5: Submit the necessary documentation for your student loans online 
  • Step 6: Get the property and other legal evaluations completed
  • Step 7: After the lender approves your application for an education loan, obtain the loan sanction letter

Got questions? Find answers here.


Various factors influence abroad education loan interest rates, including the type of loan (secured or unsecured), the applicant's creditworthiness, and the specific policies of the lending institution.


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“One Stop Solution For All Your Overseas Needs” - Dev Global Services

“One Stop Solution For All Your Overseas Needs” -
Dev Global Services