Empower Your Education with Global Opportunities

Pursue your academic dreams without financial constraints! With South Indian Bank's Global Education Loan, you can seamlessly finance your studies abroad or in prestigious institutions worldwide. Whether you're covering tuition fees, accommodation, travel costs, your overseas health insurance or other academic expenses, this loan ensures your focus remains on learning.

Why Choose South Indian Bank?

Global Student Loans are specifically designed to support students pursuing undergraduate, postgraduate, or professional courses worldwide. With minimal documentation, the application process is straightforward, requiring only essential documents, making it easy to get started. You can apply for student loan online through our hassle-free portal, ensuring a smooth experience from the comfort of your home.

Low-interest student loans - Attractive education loan interest rates, starting from 10.50%, help reduce the cost of borrowing.
Comprehensive coverage - This global education loan includes tuition, accommodation, travel, project work, health insurance and other academic expenditures.
Flexible repayment tenure - Repay your loan over up to 15 years, giving you ample time to plan your finances (excluding the moratorium period).
Loan amounts up to Rs1.50 Crores - Get access to significant funds to cover every aspect of your education, from course fees to living expenses.
Enhanced Margin – Loan amount with margin as low as 10% can be sanctioned
Education loan eligibility - Suitable for students aged 17 to 30 years (up to 40 years in special cases), with a mandatory co-borrower requirement.
Moratorium period - No immediate repayment needed. Benefit from a moratorium period that extends through your study duration + 6 months’ post-completion.

Simple eligibility criteria you need to meet to apply for South Indian Bank’s Global Education Loan. Be prepared for the financial journey ahead.

Criteria	Details
Loan Amount	Up to Rs1.50 Crores
Tenure	Up to 15 years (excluding moratorium)
Moratorium Period	Study period + 6 months
Collateral Security	125% - 150% of property value
Co-borrower/Guarantor	Parent, guardian, or spouse required
Income Requirement	Co-borrower must have a minimum monthly income of Rs40,000
Margin	Loan amount with margin of 15% (10% margin with special deviation)
Age Requirement	17 to 30 years (relaxed to 40 years in special cases)

Meeting these education loan eligibility requirements ensures a seamless approval process, helping you access the global student loans needed to fund your academic journey with ease.

Understanding the applicable fees and charges is essential for effective financial planning when applying for South Indian Bank’s Global Education Loan. Below is a detailed breakdown of the charges associated with the loan:

Category	Details
Interest Rates	Check Interest Rates
Additional Charges	Click here for Service Charges

Being aware of these charges ensures that you can make informed decisions and manage your education loan effectively throughout its tenure.

To ensure a smooth and efficient application process for South Indian Bank’s Global Education Loan, make sure you have the necessary documents ready. Below is a list of the required documentation based on the applicant type

Applicant type	Documents required
Student	Identity proof, PAN card, admission letter, and mark sheets
Co-borrower/Guarantor	Identity proof, address proof, and income proof
Collateral	Property documents for security purposes

Having these documents in place helps expedite the loan processing, making it easier to access the funds you need for your academic journey.

Online application - Click here to apply for a student loan. Our representative will get in touch with you soon..

Branch visit - Visit the nearest South Indian Bank branch and our representative will help you
Application and Document submission - Submit the list of documents required for processing your loan
Verification - Our team will assess your application, including collateral, and verify eligibility.
Approval - Receive quick approval and a loan offer tailored to your needs.
Disbursal - Upon approval, the education loan amount will be credited directly to the universitys’s account.