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Education Loan for France

Get up to Rs 40 Lakhs for your Studies Abroad in France within 3 days at Zero Service Charges!!

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100+ Cr
Disbursed
10+
Banks & NBFC
15+
Countries
3 days
Average Time
ICICI Bank Logo

Interest Rate

starts 10.95%

Amount

Upto ₹100 Lacs

Processing Fee

1% - 2%

Type

Bank

Loan Tenure

12 years

Tax Benefits

Yes

7 days processing time
ICICI Bank Logo

Interest Rate

starts 9.5%

Amount

Upto ₹35 Lacs

Processing Fee

1% - 2%

Type

Bank

Loan Tenure

15 years

Tax Benefits

Yes

5 days processing time
Union Bank Logo

Interest Rate

starts 9.30%

Amount

Upto ₹40 Lacs

Processing Fee

₹0

Type

Bank

Loan Tenure

15 years

Tax Benefits

Yes

15 days processing time
Axis Bank Logo

Interest Rate

starts 10%

Amount

Upto ₹75 Lacs

Processing Fee

2%

Type

Bank

Loan Tenure

15 years

Tax Benefits

Yes

10 days processing time
HDFC Credila Logo

Interest Rate

starts 10.5%

Amount

Upto ₹50 Lacs

Processing Fee

1% - 1.5%

Type

NBFC

Loan Tenure

15 years

Tax Benefits

Yes

4 days processing time
Auxilo Logo

Interest Rate

starts 10.5%

Amount

Upto ₹40 Lacs

Processing Fee

1% - 2%

Type

NBFC

Loan Tenure

10 years

Tax Benefits

No

3 days processing time
avanse Logo

Interest Rate

starts 10.5%

Amount

Upto ₹40 Lacs

Processing Fee

1% - 1.5%

Type

NBFC

Loan Tenure

15 years

Tax Benefits

No

4 days processing time
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  1. Eligibility Check
  2. Documentation
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  4. Deal Negotiation
  5. Loan Approval
  6. Disbursement
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Education Loan for Study in France

Universities in France are known for their Business and Fashion courses. So, studying in private universities in France comes at a cost, which is on the higher end for International students. If you can secure admission to a public university where the tuition fee is minimal, you still have to consider living expenses. We will help you get the necessary funds to study abroad in France from a curated list of multiple lenders who are ready.

Eligibility Criteria for France Education Loan

Many Banks and NBFCs provide Education loans to students wanting to study in France. To be eligible for it, you must fulfil the following eligibility criteria.

  • The applicant must be an Indian.
  • The applicant must secure admission or have already applied to a recognized university/college in France.
  • The financial institution must recognize the degree/course.
  • The Co-Applicant must be an Indian and should have an earning source.
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Documents required for France Study Loan

The applicant must share these documents to obtain an education loan in India. Almost all financial institutions have similar requirements regarding the documentation part. Depending on the applicant's profile, they may ask you for more documents, but here are the common list of documents.

UnSecured Study Loan by Indian Lenders
  • Passport, Aadhar Card and PAN Card of Applicant
  • Academic Documents
  • English Language proficiency test results (e.g. IELTS, TOEFL, PTE)
  • Qualifying results (e.g. GMAT, GRE) [if applicable]
  • Experience Letter & Salary Slips of Applicant [if working]
  • Aadhar Card and PAN Card of Co-Applicant
  • Income Proof such as Salary Slips, GST Certificate, Business registration etc., of Co-Applicant.
  • Bank Statements of Co-Applicant
Secured Study Loan by India Lenders
  • Passport, Aadhar Card and PAN Card of Applicant
  • Academic Documents
  • English Language proficiency test results (e.g. IELTS, TOEFL, PTE)
  • Qualifying results (e.g. GMAT, GRE) [if applicable]
  • Experience Letter & Salary Slips of Applicant [if working]
  • Aadhar Card and PAN Card of Co-Applicant
  • Income Proof such as Salary Slips, GST Certificate, Business registration etc., of Co-Applicant.
  • Bank Statements of Co-Applicant
  • Collateral documents such as Property registration or Fixed Deposit receipts
Document Checklist

Cost to Study Abroad in France ?

There are two kinds of Universities available in France for International Students. Your admission and decision will affect the amount you need to study in France.

Private Universities are expensive, and the exact tuition fee depends on your selection. Many universities provide Business related courses and hence are quite famous in terms of Business Schools. Here are the average costs you can expect as a tuition fee

  • Bachelors: €11,500 - €22,000
  • Masters: €23,000 - €29,000
  • Doctorate/PhD: €10,000 - €33,000

Public Universities: The Government of France funds public Universities to make it affordable for students to pursue higher studies. Surprisingly, they did not differentiate between International and Domestic students in terms of Tuition Fees. Hence it is the same for both kinds of students. Here are the expected tuition fees for studying in public universities in France.

  • License: €2770
  • Masters: €3770
  • Doctorate/PhD: €380

Getting admission to public universities is quite hard compared to private universities due to low tuition fees and education standards. So they admit merit-based students only.

Things that an France Education loan covers

To Study in France, a student has to bear many mandatory expenses, such as

  • University/College Fees (€380 - €33,000)
  • Living Expenses (€10,000 - €12,000)
  • Travel Expenses (One-way flight costs about €800)
  • Other research, thesis, and project-work-related expenses (vary)

Types of France Education Loan

UnSecured Education Loan

The most chosen option by study abroad aspirants is an unsecured education loan because it requires no collateral or security. The eligibility is based on University Ranking, Course type, Student Academics, Financial History and income of Co-Applicant. Being faster and more accessible compared to a Secured Education Loan, it is quite famous among students. The interest rate starts at 9.30% and varies based on the complete application. The decision process takes 3-4 days on average if the bank has complete documentation.

Secured Education Loan

Being slightly long but equally rewarding, the Secured Education Loan is chosen by Students looking for a better interest rate or failing to meet an Unsecured Loan's eligibility criteria. The bank may take a long time to process the application because of Legal and Technical security requirements. The Collateral is generally a property such as a Home, Shop or Building or a Fixed Deposit. The interest rate starts at 9% and has easier eligiblity criteria.

Tips for Choosing the Best Education Loan for France

Choosing the best education loan for Study in the France is important to avoid stress and save on your funds. Here are some tips to ace the Education Loan journey.

  • Choose the right repayment method - Make a wise decision when choosing the best applicable repayment method. A small change in repayment method can help you save more than Rs 5 Lacs.
  • Go for an Indian Lender if eligible - If you have a good-earning Co-Applicant, go for an Indian Bank or NBFC instead of an International Lender to save on interest rates and processing fees.
  • Cross-Check the Sanction Conditions - Before paying the processing fees, cross-check the Sanction Conditions. Some conditions include proof of funds or a fixed deposit.
  • Confirm the Moratorium period - Check with the Lender Representative to confirm the Moratorium and grace period. The grace period ranges from 0 to 12 months based on the Loan Terms and Conditions.
  • Apply to multiple banks/NBFCs for the best offer: Always apply to at least 2-3 banks/NBFCs to avoid last-minute rejection, and compare quotes from different lenders to choose the best one.

Why choose Abroad Cube for France Education Loan ?

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 France from the world's best universities.

Higher Chances of Approval

When applying for an education loan through Abroad Cube, you can expect higher chances of approval as our expert will verify the documents before submission and suggest better alternatives for higher approval.

Low Processing Time

Using the latest technology and years of experience, we expedite the application process by 65%, reducing overall processing time. Applying using the exact required documents with the eligible lender is the key to getting an application processed in record processing time.

Personalized Document Checklist

Our Education Loan Expert will send you a Personalized Document Checklist, removing all unnecessary documents, easing the process and giving you peace of mind.

Negotiation on Interest Rate & Processing Fees

We will help you get Comparable, Negotiated and best-suited Education Loan deals, saving you up to Rs 3 Lakhs. The major negotiable components are Interest Rate and Processing Fees.

Free Education Loan Assistance

We are not charging any service fees for helping with the Study Abroad Education Loan. Also, there are no hidden fees involved, which is guaranteed. For each approval, we get paid a referral fee by concerned Banks and NBFCs without any additional charge to students.

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Disclaimer: Any Bank/NBFC/Financial Institution does not endorse, promote, review or warrant the accuracy of the product or services offered by Abroad Cube. This platform is independently run by a team of experts.
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