Interest Rate
starts 9.5%
Amount
Upto ₹40 Lacs
Processing Fee
1% - 2%
Type
Bank
Loan Tenure
12 years
Tax Benefits
Yes
Interest Rate
starts 10%
Amount
Upto ₹35 Lacs
Processing Fee
1% - 2%
Type
Bank
Loan Tenure
15 years
Tax Benefits
Yes
Interest Rate
starts 9.8%
Amount
Upto ₹40 Lacs
Processing Fee
₹0
Type
Bank
Loan Tenure
15 years
Tax Benefits
Yes
Interest Rate
starts 10.25%
Amount
Upto ₹75 Lacs
Processing Fee
2%
Type
Bank
Loan Tenure
15 years
Tax Benefits
Yes
Interest Rate
starts 11.5%
Amount
Upto ₹35 Lacs
Processing Fee
1% - 1.5%
Type
NBFC
Loan Tenure
15 years
Tax Benefits
Yes
Interest Rate
starts 12%
Amount
Upto ₹35 Lacs
Processing Fee
1% - 2%
Type
NBFC
Loan Tenure
10 years
Tax Benefits
No
Interest Rate
starts 12.25%
Amount
Upto ₹35 Lacs
Processing Fee
1% - 1.5%
Type
NBFC
Loan Tenure
15 years
Tax Benefits
No
Interest Rate
starts 12.5%
Amount
Upto ₹35 Lacs
Processing Fee
1% - 1.5%
Type
NBFC
Loan Tenure
15 years
Tax Benefits
No
Interest Rate
starts 11.99%
Amount
Upto ₹83 Lacs
Processing Fee
5%
Type
International
Loan Tenure
10 years
Tax Benefits
No
Canadian Authorities does have any maintained funds requirements compared to UK and Australia. Still, they want to ensure that a student has enough funds or capacity to pay the Tuition Fees and Living Expenses. To apply under the Student Direct Stream (SDS) program, a student must deposit around CAD 20,635 as GIC in a Canadian Bank and pay full first-year college/university fees. It is approximately CAD 38,000 (equivalent to ₹24 Lac), and travel expenses are about CAD 2000 extra. Most lenders are ready to fund up to Rs 35 Lac depending on the applicant's profile and the actual cost of education. If you choose a higher-end university whose tuition fees will be much higher than this, we will help you get a higher amount to support your education.
For example, if a student chooses to do a Post Graduate Diploma of 2 years, they should expect the total cost to be around CAD 50,000. It is approximately Rs 30 Lac, and many lenders are available to fund this amount.
Students who desire to study in Canada can get education loans from a lot of banks and NBFCs. You must meet the requirements below in order to be eligible for it.
To be eligible for an education loan in India, the applicant must provide following documents. When it comes to the documentation portion, almost all financial institutions have comparable standards. The applicant's profile will determine if they ask for more documents, but the following is a common list.
The Cost of studying in Canada for International students is comparable to other countries such as Australia, UK, and USA. Being environment-friendly, kind people and having world-class education standards make Canada a choice to study there. They have too many immigration programs that help international students work after their studies and settle there later.
Canadian universities are keen on distributing scholarships to International Students when joining the institution for Degree programs. But you may expect less number of scholarships in the case of Diploma courses at Colleges.
| Level | Type of Expenses | Cost / yearly |
|---|---|---|
| Undergraduate Diploma Postgraduate Diploma |
|
|
| Undergraduate Degree Postgraduate Degree |
|
|
To Study in Canada, a student has to bear many mandatory expenses, such as
That is a lot. We are aware, but don't be concerned—a Canada education loan will pay for all costs associated with a quick visa application. Abroad Cube will assist you in obtaining 100% funding for your education expenses while studying in Canada.
If you are looking for an Education Loan, you are in the right place. We will help you get funds for your dream of studying in Canada from the world's best universities.
