Finance your study
abroad dreams
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Maximize your savings & get 100% coverage!
Our Loan Partners What can we do for you? Choose from multiple banks Easy application process Lowest interest rate Zero service charge Entirely digital Flexible repayment Tailor your education loan by choosing from various banks. Apply quickly online and ditch the paperwork hassle. Conveniently apply online, no office visits needed. No hidden fees – plan your finances with confidence. Secure your future with industry-low interest rates. If you're a student with dreams of studying abroad, bluehawks is here to make it possible for you. Our platform is designed to give you all the help you need to secure education loans and get into hundreds of universities around the world.

No matter which corner of the world you choose for your studies, with our expertise and dedication, we continue to empower students like you to unlock a world of full of global opportunities.
20+ 15,000+ 125Mn Loan Partners Students helped Loans funded How Do I Apply for Education Loan to Study Abroad? 01 02 03 04 05 Connect with our loan expert to explain your requirements Fill out the education loan for studying abroad application Send us the requisite documents Apply to multiple loan providers as per eligibility Receive the study loan for abroad education Ready to let your dreams take flight? Get Started Apply Now NBFC ( Non-Banking Financial Corporation ) NBCs are the best options to avail 100% Education Finance without security.

• Non Collateral Loans upto 35 - 45 Lakhs
• 100% Education Finance
• Pre-admission loan for availing the admit letter
• Pre-Visa Disbursal
• No EMI until graduation, only small touch payments
• Top up loans available
• Benefit in Income Tax
Nationalised Banks
Nationalised Banks in India offer education loans on lower rates of interest as compared to the private banks.

• Low rate of interest
• Benefit in Income Tax
• Special concession for the universities coming under the bank's premium list
• Concession of 0.50% for girl child
• Loans from PSU's is highly accepted by visa officer
Private Banks
Private banks offer secured as well as unsecured loans. Students with an admission in a premier institution can approach Private Banks for Overseas Education Loans even if they don't have any immovable property.

• Loan without collateral security (For
Master's Program)
• Benefit in Income Tax
• Special concession for the classified universities coming under bank's prime category
International Lenders

Apart from Indian lenders, students also have an option of availing overseas education loan from the International lenders.

• US based lenders help students with education loans
• No Collateral or Co-Signer required for loans
• Credit history is not considered
• Funding for only 350 universities based in USA / Canada
• Provides assistance for University
Scholarships
When Is the Right Time to Apply for Education Loan? If you are going between June to Sept Intake Here's how you can get your education loan forstudy abroad application started: Feb
2023
Aug-
Sept
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Nov
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Jan
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Apr
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Jun-Sept
2024
Start test prep for IELTS,GRE etc. Gather your documentation including recommendation letters. Appear for you enterance exam and start your university application Start the loan application process with bluehawks Recieve your application from the university Complete your loan procedure and visa process Let your dreams take flight with bluehawks Customize your repayment for financial ease.

FAQ

1How bluehawks will help me with financial support?
Our experienced Education Loan Advisors will not only assist you in selecting the right financial institution but also guide you step by step as to how to get education loan for studying abroad.
2What is Credit / CIBIL Score?
Credit / CIBIL Score is a three-digit numeric summary of your credit history found in the CIBIL Report. CIBIL score will be in the range of 0 to 900. Banks check your CIBIL score before approving your loan. Know what your score indicates CIBIL Score between 0 or -1: If your score is 0 then it just means that you have no credit history created via a credit card or loans. CIBIL Score between 300 – 600: This is a real poor credit score. It means you have been defaulting on payments and the chances of getting new loans/credit cards are minimal. As such you should not miss your EMIs and should focus on payment of credit card dues well on time! CIBIL Score between 600 - 750: You are on the right path. You will not face any problem while getting the loans or credit cards issued. Banks will be ready to offer you a line of credit for sure! CIBIL Score between 750 - 900: This range indicates that you are regular with loan EMIs and credit payments with a really good payment history. Banks consider these people with high priority. You may get too many loan offers and at attractive rates of interest along with several Credit Card offerings!
3Documents Checklist related to the University
Offer Letter/Admission Acceptance Letter from the University / College • Prospectus of the University or copy of online course details • Details of University World Ranking • Recognition of the University/College by competent authority WHED • Letter of Consent, in case of pre-disbursement of loan • Statement of cost of study/ Schedule of expenses for the entire duration of the course • Receipt of Tuition fees paid to the University (If any)
4Student’s Documents’ Checklist
Academic Documents - 10th & 12th Marksheets with Diploma Certificate (If any) - Marksheets of Graduation along with Provisional / Degree Certificate - Standardized Test Scores as applicable (GRE/ GMAT/ ACT/ SAT/ IELTS/ TOEFL/ PTE, etc.) - Work Experience Certificate (If any) • Photocopy of the first and the last page of the Passport • Photocopy of PAN Card and Aadhar Card of the Student • Photocopy of Student Visa & Air Ticket (At the time of Disbursement)
5Parent’s / Sponsor’s Documents Checklist
1. In case of Salaried Persons -Income Tax Returns and Form No. 16 of last 2 years -Salary slips of last 3 months -Appointment / Promotion Letter along with copy of Employee Identity Card -Bank Account Statement of last 6 months (Salary / Personal Account) 2. In case of Business Persons -Income Tax Returns, Balance Sheet, Profit & Loss Account, Computation of Income of last 2 years -Bank Account Statement of last 6 months (Personal and Business Account) -Business Proof – Registration Certificate / GST Registration Certificate 3. In case of Agricultural Income -Income Certificate for the last 2 years issued by Tahsildar / Mandal Revenue Officer / A Revenue Department Officer having State Level Gazetted rank 4. PAN Card and Aadhar Card
6Collateral Security Documents
Photocopies as well as originals of • Sale Deed (Registered) • Mutation in the name of the present property owner • House Tax Receipt (Latest) in the name of the present property owner • Electricity Bill (Latest) • Sanctioned Map of the property • Deed of Declaration / Apartment (in case of Flat) • Power of Attorney (if any in case of Flat) • Building Permission Letter (in case of Flat) • Lease Renewal Deed and NOC (No objection certificate) • Society Registration Certificate and Occupancy Certificate (OC) (If applicable) • Non-Agriculture (NA) Certificate & RL Order • Demarking (Boundary wall / Fencing) (in case of open plot) • Photocopy of the WILL in case of grandparents’ property *Note -Agricultural land is not considered by banks for Education loan -Gram Panchayat property is also not considered by the banks unless supported by Town Planning approvals.
7What is a secured loan?
Secured Loans are provided by Nationalised Banks, Private banks and NBFCs. The quantum of finance up to which the bank can sanction the loan amount is up to 1.50 Crores for Overseas Education. A loan on secured credit promises lower interest rates, flexible repayment terms and a choice of different interest plans. A Secured Overseas Education Loan can be taken on the basis of assets like immovable property, LIC Policies, government bonds, shares etc. However, secured education loans take longer than unsecured loans and only 75% of the amount will be sanctioned against the valuation of the property.
8What is a unsecured loan?
Unsecured Loan is a viable option for the students who are not willing to pledge any collateral security against the loan amount. This type of loan can be availed from nationalized banks, private banks, NBFCs and international lenders. NBFCs and few private banks offer up to Rs 45 lakhs as a loan amount whereas nationalized banks provide unsecured loan up to Rs 7.5 lakhs. An unsecured loan is much quicker and convenient as it does not involve the procedure of legal verification and property valuation.