21 Aug 2025
A degree from a university abroad definitely adds an edge to your resume. However, the expenses involved are quite high.
Thus, availing of an affordable study loan for abroad education, especially ones without any collateral can be of great help.
While most banks provide education loans, the interest rate may be on the higher side and may even require collateral which can be a problem if you do not have an asset to pledge. Even the process of applying for an education loan may be cumbersome and require a lot of documentation.
On the contrary, applying for an instant personal loan and using it as a study loan for abroad can be a great idea.
Today, banks are not the only option for availing education loans or personal loans for studies. There are plenty of NBFCs and private lenders that provide personal loans to fund education. While the amount being provided may not be as much as that offered by banks, there are a number of other benefits, such as quick approvals and minimal documentation.
We, at Moneyview, offer versatile personal loans that can be used to fund your overseas education.
Attractive Loan Amount
Get loans from Rs.5,000 to Rs.10 Lakh based on your eligibility
Collateral Free Loans
You can get a personal loan through Moneyview without having to vow any asset or arrange for a guarantor
Fast Disbursal
The loan amount is disbursed to your bank account within 24 hours of approval
Affordable Interest Rates
Interest rates starting from just 14% per annum
In case you have decided to apply for a personal loan through Moneyview as an education loan for abroad studies without collateral, the eligibility criteria are as follows -
The borrower should be between 21 and 57 years of age
They must earn a minimum of ₹25,000 or more monthly
Income must be credited directly to their bank account
They must have a minimum CIBIL score of 650
The documentation required for applying for an education loan for abroad studies without collateral from Moneyview is minimal. All you will have to do is -
Your PAN number
Your mobile number will have to be linked to your Aadhaar card for KYC verification
You must also enable the auto-debit facility on your bank account in order to permit automatic withdrawals from your account. Use a debit card, net banking, or a NACH form to finish this quick procedure.
The auto-debit facility will enable you to pay your EMIs automatically each month, eliminating the need for manual intervention.
Our lending partners provide some of the market's most fair and affordable interest rates.
|
Fees and Charges |
Amount Chargeable |
|---|---|
|
Interest Rate |
Starting from 14% per annum |
|
Loan Processing Charges |
Starting from 2% of the approved loan amount |
|
Penal Charges on Overdue EMI |
24% per annum plus applicable taxes, if any |
|
NACH Bounce |
₹500/- each time |
Loan Amount
Min ₹10
Max ₹25,000
Rate of Interest
Min 5%
Max 25%
Loan Tenure
Min 3 months
Max 72 months
1
Assess Your Eligibility
Quickly check if you are eligible on the Moneyview platform in only 2 minutes!
2
Pick Your Repayment Duration
Select the desired loan sum and repayment period from the options provided.
3
Share Your Documents Online
Share only essential documents for profile verification, easily uploading them digitally.
4
Funds Disbursed
Once your application is validated and the loan agreement finalized, funds will be transferred to your bank within 24 hours!
Need Quick Cash?
An overseas degree or studying from a college abroad is a dream for many. But the finances involved often end up worrying the students and the guardians.
Nowadays there are many banks that give education loans for studying abroad. While traditional education loans from banks are helpful if you are looking for a personal loan to act as an education loan for abroad studies without collateral, you have many options.
You can take an instant personal loan of up to Rs.10 Lakh through Moneyview, which also gets disbursed within 24 hours. To apply or know more, download the Moneyview app or visit the website.
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