Lorien - Education Loan
INTERNATIONAL LENDERS
Collateral free loans available
Loan Margin : NIL
3 days avg loan processing time
Margin
NIL
Collateral
No
Loan Tenure
Upto 10 Years
Processing fee
2.0% onwards
Early Repayment
No
Living Cost
No
Secured Loan
Amount
Up To 0
Un-Secured Loan
Amount
Up To 0
UniCreds Guarantee
100% transparent process
Fast loan processing
Free of cost service
No hidden fees
Features of Yes Bank Education Loan
Lorien Finance offers education loans to Indian students seeking higher education in the United States. Their approach is data-driven and forward-thinking, with the goal of making loans more accessible, viable, and affordable for students. While most banks and lenders consider collateral when approving a loan, it considers each student's potential and future employability when making choices.
| Features | Education Loan Details |
|---|---|
| Loan amount | Minimum Loan Amount - $10,000 Maximum Loan Amount - $80,000 Minimum Loan Amount - $10,000 Maximum Loan Amount - $80,000 |
| Margin money | Nil |
| Processing fee | 2.0% onwards |
| Processing time | 3 Days |
| Loan tenure | 10 Years |
| Prepayment charges | Nil |
| Repayment holiday | We give a moratorium period of 6 months post-course completion. |
| Countries covered | USA |
Looking for
Faster and
streamlined Process?
100% Transparency
100% Free
Our education loan counsellors will stay by your side every step of the way and recommend the best partner and guide you through the loan applying and sanctioning process.
Eligibility Criteria to Apply for Yes Bank Student Loan
When taking out student loans, there are some specific factors to consider. Finding out if a student is eligible for a loan is the first step in getting a loan. Once students have made the decision to apply for a loan, it is crucial to understand the required criteria. The following prerequisites must be satisfied in order to be eligible for a Lorien study loan-
- The student must be pursuing a post-graduate programme in the United States (as per the states covered by Lorien Finance).
- The student must be a citizen of India.
- The student must be above 18 years of age.
- The student must be admitted to the approved list of programmes and universities that Lorien Finance funds in the United States.
| Type | Requirement |
|---|---|
| Eligibility Criteria | 1. Pursuing for Higher Education (Post Graduate Program) in the United States. 2. You must be a citizen of India - 18 years or older applying to or admitted to the approved list of programs and universities that we fund in the U.S. |
Benefits of Yes Bank Education Loan
Benefits Of Getting Your Education Loan Through UniCreds
Get Guidance at every step of your loan application
We ensure 100% transparency throughout the education loan process.Our education loan counsellors will stay by your side every step of the way.
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How to Apply for Yes Bank Student Loan?
The process of applying for a abroad education loan could be complicated to understand when students don't have the right directions for the process. Here are the steps on how to apply for a Lorien education loan to make it easier for you -
- Contact UniCreds and inform our adviser of your intent to begin the procedure or you can also apply directly online.
- We will provide you with your Lorien account login information and a link to log in to your account within 6 business hours*.
- Follow the on-screen directions to fill out your personal and academic information, upload your documents and submit your application once you've logged in.
- It only takes a few minutes to validate your information and papers after you've submitted your application.
- A conditional loan confirmation message will appear on your dashboard if everything is in order. You'll also receive an email with your loan approval letter, which you can use to apply for a student visa.
- Once the loan has been approved and the online agreement has been signed, the money will be sent to your university as needed.
Looking forFaster and
streamlined Process?
100% Transparency
100% Free
Our education loan counsellors will stay by your side every step of the way and recommend the best partner and guide you through the loan applying and sanctioning process.
Documents Required for Yes Bank Education Loan
| Type | Documents Required |
|---|---|
| For Borrowers | STUDENT: 1. Pan Card 2. Aadhar Card 3. Passport 4. University Admission Letter 5. Entrance Score Card - GRE/ GMAT/ TOEFL/ IELTS, etc. 6. Academic: 10th, 12th & Degree - All semester Individual Marksheets 7. Resume 8. Name, Address, Contact and Email ID of 2 References (Friends/ Family/ Neighbors) 9. 3 months Salary slips (If Applicable) 10. 6 months Bank Statements (If Applicable) 11. Form 16 / ITR (If Applicable) |
| Co-Signer | CO-SIGNER (Salaried-Job): 1. PAN Card & Aadhar card 2. Latest 3 months salary slips 3. Latest 1 Year Salary Credited Bank Statements 4. Latest 2 Years Form 16 5. Electricity Bill 6. Mobile Number & Email ID IF CO-SIGNER (Self Employed/Business): 1. PAN Card & Aadhar card 2. Latest 2 year ITR with Computation income, Profit & Loss and Balance sheet 3. Business proof (GST, UDHYAM ADHAR, and GUMASTA) 4. Latest 1 Year Bank Statement (Income Credited) 5. Electricity Bill 6. Mobile Number & Email ID |
| Collateral Loan | Collateral Documents: 1. Registered Sale Agreement (All chains) 2. Share Certificate 3. All Property Related Documents- e.g- Sanction Plan, Tax paid Receipt 4. NA conversion certificate in case of plot. 5. OC/CC and Approved Building Plan. 6. 7/12 Extract 7. Society NOC 8. Any other Documents associated with Property |
Yes Bank Education Loan Repayment Options
The following are some options for repaying a Lorien education loan -
- The repayment process will begin after students have completed 6 months* of a course.
- The repayment period is 6 -10 years*.
- There are no prepaid charges for a Lorien loan repayment.
The displayed EMI amount is approximate & is subject to change based on various factors.
What our Students say about us
Frequently Asked Questions