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Sky Choice International

Services

Education loans

Funding is the single biggest reason students abandon a confirmed offer. It rarely needs to be. We work with 25+ banks and NBFCs, and the difference between a rejection and a sanction is usually how the file is presented rather than the numbers in it.

Partner banks and NBFCs
25+
Maximum without collateral
₹1.5 Cr
Interest from
8.5%
Typical sanction time
7 days

What you get

What our education loans covers

Collateral-free loans

Up to ₹1.5 crore without security, assessed on your university ranking and course employability rather than family assets alone.

Secured loans

Up to ₹5 crore against property, fixed deposits or insurance policies, at materially lower interest rates.

Multi-bank comparison

We run your profile past several lenders at once and put the offers side by side, rather than pushing whichever bank pays us most.

Full cost coverage

Loans cover tuition, living costs, airfare, insurance, laptop and books — not just the university invoice.

Moratorium period

Repayment starts six to twelve months after your course ends, so instalments begin once you are earning.

Section 80E tax benefit

Interest paid is fully deductible for up to eight years under Section 80E, with no upper limit on the amount.

Free, at every stage

Get education loans without paying a rupee

Universities fund our service, not students. You get the same support whichever university you choose, and there is no charge at any point in the process.

  • No fee at any stage
  • 34 years and 2.5 lakh students placed
  • 200+ counselors across 24 offices
  • Reply within 24 hours

Compare

Loan options compared

Loan options compared
Loan typeAmountInterest rateCollateral
Unsecured — public bankUp to ₹7.5 lakh9.0% – 11.5%None
Unsecured — private bankUp to ₹50 lakh10.5% – 13.0%None
Unsecured — NBFCUp to ₹1.5 crore11.0% – 14.5%None
Secured — propertyUp to ₹5 crore8.5% – 10.5%Property
Secured — fixed depositUp to deposit value8.5% – 9.5%FD lien
International lenderUp to full cost11.0% – 15.0%None
Free education loans guide

Questions about education loans?

Send your details and a specialist will call you back with answers specific to your case — not a brochure.

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How it works

What happens, and when

  1. Step 1

    Eligibility check

    A free assessment of what you can borrow, against which lenders, in about a day.

  2. Step 2

    Lender shortlist

    Three to four lenders matched to your profile, compared on rate, margin and processing fee.

  3. Step 3

    Documentation

    We assemble the file — income proof, collateral papers, admission letter — and check it before submission.

  4. Step 4

    Sanction

    Sanction letters typically arrive in seven to fifteen days, in time for your visa filing.

  5. Step 5

    Disbursement

    Funds are released to the university directly, semester by semester or in full.

Checklist

Loan application documents

Have these ready before you start. A counselor checks every one before anything is submitted.

  1. University admission or offer letter
  2. Estimated cost of study from the university
  3. Academic mark sheets and certificates
  4. Student KYC — PAN, Aadhaar, passport
  5. Co-applicant KYC and income proof
  6. Last six months of bank statements
  7. Salary slips or business income proof for the co-applicant
  8. Two years of income tax returns
  9. Property papers and valuation, for secured loans
  10. Test scorecards — IELTS, TOEFL, GRE or GMAT

10 documents in total

Success stories

Students who are already there

Rated 4.8 out of 5 by 12,480 students. Every one of these started with the same free call you are one click away from.

I applied to six universities and had no idea how to rank them. My counselor mapped each one against the jobs I actually wanted, and I picked Edinburgh in a single afternoon. The visa file was ready three weeks before the deadline.
Ananya Iyer University of Edinburgh
The loan process was the part I dreaded. They put together the collateral paperwork, introduced me to two banks and I had a sanction letter in eleven days.
Rohan Mehta University of Toronto
My IELTS was half a band short for my first choice. Instead of telling me to settle, they built a four-week plan, I retook it, and got the offer with a scholarship.
Priya Nair University of Melbourne
Nobody else explained that public universities in Germany charge no tuition. That one conversation changed my entire budget and I graduated debt free.
Karan Deshpande Technical University of Munich
Accommodation in Dublin sells out by June. They had my student housing confirmed in April, before I had even booked flights.
Sneha Reddy Trinity College Dublin

Questions

Education loans, answered

The questions students actually ask us about this service.

Free consultation

Talk to a counselor who has placed 2.5 lakh students

Tell us where you are in the process. We will come back with a shortlist, realistic costs and the deadlines that actually apply to you.

  • Free counseling, always — no hidden fees
  • A counselor calls you back within 24 hours
  • Your details are never sold or shared
200+ counselors online now