Financing your overseas education is easier than you think. KC Overseas Education helps students in Vizag secure the right education loan for study abroad — collateral or non-collateral — with the best lenders and lowest hassle.
Types of Education Loans
- Collateral (secured) loans — backed by property or FD; higher amounts and lower interest rates
- Non-collateral (unsecured) loans — no security; based on your admission and co-applicant's income
What the Loan Covers
- Tuition fees
- Living expenses
- Travel and health insurance
- Laptop, books and study materials
Eligibility Criteria
- Admission to a recognised university abroad
- A co-applicant (parent/guardian) with stable income
- Good academic record
- Course and university with strong repayment potential
Documents Required
- Admission/offer letter
- Academic mark sheets and certificates
- Co-applicant income proof and bank statements
- KYC documents (ID, address proof)
- Collateral documents (for secured loans)
Top Lenders
We work with public banks, private banks and NBFCs — including SBI, Bank of Baroda, HDFC Credila, Avanse, InCred and Auxilo — plus international lenders like Prodigy Finance and MPOWER for non-collateral loans.
Section 80E tax benefit
- The interest paid on an education loan is tax-deductible under Section 80E of the Income Tax Act for up to 8 years.
Need an education loan for study abroad?
Get free, unbiased loan guidance from KC Overseas Education, Vizag.
Frequently Asked Questions
Can I get a study-abroad loan without collateral?
Yes. Many banks and NBFCs offer non-collateral loans based on your admission and co-applicant's income, typically up to a defined limit.
What is the interest rate on education loans?
Rates vary by lender, loan type and profile. Secured loans usually carry lower rates than unsecured loans.
Does KC Overseas charge for loan help?
Our loan guidance is part of our free student services — we help you compare lenders and prepare documents.