ICICI Bank was established in 1994 and is a leading Indian private sector bank. ICICI provides various credit products and banking and financial services, formatted to meet various consumer needs.
The bank understands the career ambitions of students. It has structured its ICICI overseas education loan so that each student is successfully supported in his/her path to the future. These loans encourage students to realize their dream of achieving a world-class education in premier institutions abroad with a collateral-free loan of up to Rs.40 lakh, tax savings on interest paid u/S 80(E), adjustable tenure and repayment options, and competitive ICICI Bank education loan interest rates.
|Sr No.||Features||Icici Bank Education Loan Details|
|1||Maximum Loan Amount|
|2||ICICI Bank Education Loan Interest Rate|
|8||Payments during the Study Period|
The final right to determine if anyone is eligible for an education loan is held by ICICI Bank. There are however, certain basic eligibility requirements that should be fulfilled by a student if he/she applies for an education loan. The requirements are:
|1||The aspiring student needs to be an Indian national.|
|2||The prospective student should have obtained admission or invitation to an accredited institution or from the university.|
|3||The prospective student should have cleared 12th standard, (10+2).|
For ICICI Education loans, we provide a customized document list that depends on your profile, your co-applicant profile, and any property/asset that you may offer as collateral. The following documents are required at a high level:
|Sr. No||Type||Documents Required|
|1||Documents of the applicant|
|2||Documents of the Co-Applicant|
UniCreds will present you with a personalized document list after reviewing your profile, and then start the loan process with ICICI. If there are any missing papers, we will recommend alternatives to get your loan approved on time.