Is unsecured loan acceptable for bachelors in Australia?
Unsecured loans do not require the applicant or student in this case to mortgage or submit asset or collateral in exchange for the loan. For instance, Axis Bank and ICICI Bank are both private banks which offer unsecured loans to students who are admitted across Australian Universities for higher education.
How can I get education loan in Australia?
List of Documents Required For an Education Loan to Australia
- Letter of admission from the University.
- Loan application form filled out in full.
- Documents on the cost of studies.
- Identification proof.
- Residence proof.
- PAN details of the candidate.
- Guarantor/ co-borrower/ student’s bank statements.
Can international students get loans in Australia?
International students cannot get a HELP loan, and must pay the international student fees set by their provider. Ask your provider about financial assistance or scholarships it offers. Information for international students who want to study in Australia can be found here.
What is the salary for co applicant for education loan?
Individuals earning at least INR 30,000 per month are considered eligible to be named as education loan co-applicants. Lenders do consider individuals who earn lesser monthly salaries as education loan co-applicants. However, INR 30,000 is the recommended minimum monthly salary.
Is HDFC credila accepted for Australia visa?
An overseas education loan from HDFC Credila is the only NBFC that is accepted by all the country embassies. Right from USA, UK, Canada, Australia, New Zealand, Germany the education loan from HDFC Credila is accepted by all the major study overseas destinations.
Can I get loan without co applicant?
An education loan without co-applicant and property is also called an unsecured education loan. It is a type of loan where the borrower is not required to attach any collateral security and guarantor against the provided loan amount. Aspirants can borrow this type of education loan from International lenders.