Financial Assistance

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You can easily achieve your dream of studying abroad even if you have  limited funds. Education loans for studying abroad can be a crucial part  of your overall funding strategy. At ROCC, we provide you the  opportunity to avail of an education loan for overseas studies that  covers all aspects of higher education including college fees, cost of  books and accommodation.

Air fare / Travel expenses

Admission / Tuition Fees

Boarding and Lodging expenses

Books and Stationery expenses

Instruments/Equipments etc. required to complete the course

Examination / Library / Laboratory fee or any other expense required to complete the course like study tours, project work, thesis etc

The applicant should be a resident of India 

He should have secured admission to a professional/technical courses abroad 

Age of the student should be between 18-35 years. 

Upto Rs.4 lakhs - No Security (Nationalized banks)

Above Rs.4 lakhs & upto Rs. 7.5 lakhs-Collateral in the form of satisfactory third party guarantee (Blood Relative)

For loans above Rs.5 lakhs, one can deposit (Fixed Deposit / LIC) 50 % of the required loan sanction amount as collateral.

Above Rs.7.5 lakhs - Co-obligation of parents/guardian together with tangible collateral security of suitable value along with assignment of future income of the student for payment                             of instalments.

Partial collateral is accepted by some financial institutions and banks.

Residential / Commercial property 

Fixed Deposit of the total loan value with bank 

NSC / LIC policies.(Surrender Value taken into consideration)