If you are planning to enrol in a renowned university or do a specialised course, our loan will cover all of your expenses. We collaborate with reliable lending institutions to provide you with the highest loan amounts and the most competitive interest rates available. Say goodbye to financial worries and embrace the path to a successful future.
Education Loan for abroad studies is designed to support students like you in making their global aspirations a reality. We understand students’ difficulties when exploring a foreign country, & our commitment is to offer you a hassle free experience. Our loan covers tuition fees, living expenses and more. Having Unipay as your companion, the world is your classroom.
Unipay Forex provides two types of educational loans: Overseas Education Loan for abroad studies for students pursuing higher education abroad and Domestic Education Loan for students pursuing education within India. Both loans cover tuition fees, living expenses, travel costs, and other expenses.
Students seeking higher education overseas or in the country are eligible for education loan for international students, regardless of their field of study. However, these loans only apply upon the student’s acceptance into an accredited school or institute. Further requirements include the student’s academic record and the stability of their parents’ income.
Consider Unipay Forex for all your financial hurdles. We offer both Domestic and Overseas educational loans to support students in their academic journeys by covering all educational expenses. In partnerships with reliable institutions, Unipay Forex provides tailored solutions with flexible repayment options and personalised support, ensuring unmatched benefits for students.
Our Education loans cover students’ essential needs for higher education, including tuition fees, living expenses, travel expenses, exam fees, books and study materials, accommodation, and insurance. This helps students stay stress-free and focus on their studies.
The applicant’s credit profile, loan amount, and repayment duration determine the optimal interest rate. A strong academic record from a reputed university can also help. Unipay Forex provides competitive interest rates, preferential rates for top-tier universities, and flexible collateral requirements, guaranteeing that students can borrow without facing financial difficulty.
The education loan application requires admission confirmation letters, scholarship papers, course expenses, qualifying test scores, foreign exchange permits/visas, bank account statements, statements of assets and liabilities, proof of age and residence, passport-size photographs, and collateral documents for loans exceeding Rs. 4 lakhs.
Definitely. The student’s loan is paid directly to the educational institution in the local currency. All fees and charges for a school loan abroad are in dollars, euros, pounds, and other currencies. Banks levy additional currency conversion fees for this purpose in accordance with RBI regulations.
Educational loan repayments usually begin after a grace period, which allows students to find work before beginning repayments. When a loan is sanctioned, the terms of repayment, including the tenure and instalment amount, are specified. Repayment is made through an EMI, which allows the borrower to pay more to decrease interest.
