Education loan abroad before arrival of VISA

[Soorajpillai96]

Can anyone please suggest a bank in India which releases loan before the arrival of visa to pay gic amount and one year tuition fees. Collateral securitiees or properties can be given
Please guys suggest a bank as every other bank only releases the loan amount when the visa arrives only.
Hoping for a help

 

[kartz]

Can anyone please suggest a bank in India which releases loan before the arrival of visa to pay gic amount and one year tuition fees. Collateral securitiees or properties can be given
Please guys suggest a bank as every other bank only releases the loan amount when the visa arrives only.
Hoping for a help

Hey! You have to tell the bank that you'll need money to cover GIC cost. In my experience no bank will ask for visa to release the money. Yin my opinion HDFC is very flexible they will easily support. You can always try SBI and other national banks too.

They will release the amount for GIC for canadian universities since the banks know without gic you will not get visa!

suggest you to contact the banks for any further clarification

If your applying under SPP category no need for GIC you can just attach your loan approval certificate.

 

[Soorajpillai96]

No spp needs gic investment

 

[vickyf]

Can anyone please suggest a bank in India which releases loan before the arrival of visa to pay gic amount and one year tuition fees. Collateral securitiees or properties can be given
Please guys suggest a bank as every other bank only releases the loan amount when the visa arrives only.
Hoping for a help

HDFC Credila - The Education Loan Specialist is the solution. They offer customized education loan basis the profile. As a dedicated education loan lender, they understand the requisite for a student basis country, course, cost of education, funds proof, etc. Hence after a loan sanction, they do provide funds prior visa which a student can use for GIC account for Canada.

 

[tushara]

Can anyone please suggest a bank in India which releases loan before the arrival of visa to pay gic amount and one year tuition fees. Collateral securitiees or properties can be given
Please guys suggest a bank as every other bank only releases the loan amount when the visa arrives only.
Hoping for a help

Yes, HDFC Credila can release funds before the arrival of visa. It is also mentioned on their website that they have customized education loan products for Indian students going for higher education in Canada. Here: credila.com slash abroad slash canada.html