What is the maximum loan amount one can get for overseas studies?
Answer
Answer
Most Indian banks generally fund up to 90% of a student’s education expenses as loan and some even provide loans for 100% of education expense.
However, the exact loan amount an applicant is eligible for depends on a range of factors. These can be the monthly earning of the parent/legal guardian; the value of collateral provided; applicant’s academic record, among other factors.