Apply Now for Master's Abroad Loan

Union Bank of India brings you a hassle-free education loan experience. Get quick approvals, interest rates starting @ 9.25%, and funding for tuition, living, and travel expenses—all in one place!

First Name*

Last Name*

Email*

Phone Number*

State*

When are you planning to start your Master's?*

What is your current application status?*

What is your preferred country for Master's?*

Which competitive test have you taken?*

Benefits

Features

Eligibility

documents required

Moratorium Period

Repayment Period

Attractive interest rates

Flexible repayment options
Nominal processing charges
Nil margin up to Rs. 4 Lakh, and 15% on above Rs. 4 Lakh
Nil overdue charges up to Rs. 2 lakh

Start Shortlisting

Benefits

Features

Eligibility

documents required

Moratorium Period

Repayment Period

Attractive interest rates

Flexible repayment options
Nominal processing charges
Nil margin up to Rs. 4 Lakh, and 15% on above Rs. 4 Lakh
Nil overdue charges up to Rs. 2 lakh

Start Shortlisting

Benefits

Features

Eligibility

documents required

Moratorium Period

Repayment Period

Attractive interest rates

Flexible repayment options
Nominal processing charges
Nil margin up to Rs. 4 Lakh, and 15% on above Rs. 4 Lakh
Nil overdue charges up to Rs. 2 lakh

Start Shortlisting

Union Bank of India vs. Other Banks: Why Choose Us?

When financing your Master’s degree abroad, choosing the right bank can make a significant difference.

Feature

Interest Rates

Loan Amount

Collateral Requirement

Processing Fees

Pre-Visa Loan Approval

Repayment Flexibility

Loan Coverage

Loan Disbursement Speed

Prepayment Charges

Union Bank of India

Lower interest rates starting at competitive rates

Up to ₹1.5 crore, covering 100% of expenses

Collateral-free loans up to ₹40 lakh for eligible students

Zero processing fees

Available, secure a student visa with financial proof

Up to 15 years with a grace period post-study

Tuition, living expenses, travel, insurance, visa fees

Faster approvals & disbursement within 7-15 days

No penalty for early repayment

Other Banks & NBFCs

Higher interest rates, often varying based on credit score

Limited funding, often requiring margin money

Most banks require collateral for loans above ₹7.5 lakh

Higher processing fees (up to 2% of the loan amount)

Not always available, delaying visa processing

Shorter repayment tenure with higher EMIs

May exclude living costs and travel expenses

Lengthy processing, sometimes over a month

Some lenders impose prepayment penalties

Apply Now

From Dreams to Disbursement

Hear real students talk about real savings after getting the best ed-loans from the right banks

2.5 lakh

Indians served

1,304+ Cr

saved in student debt

25000+ Cr

loans requested

Solving finance problems for parents and students

Since 2021, GradRight has served the dreams many parents and students, solving for their financial stress and saving INR 2500 Crores of Indian’s money by getting them the right loan.

Trusted by 2.5 Lakh+ students for their education loan requirements

In the News

This start-us has brought students, universities and banks together

EdTech start-up GradRight currently has 26 university partners and 16 lenders; in the last two and a half years, nearly ₹2,000 crore worth of loans have been disbursed and, more importantly, 80% of the students were from Tier 2/3 towns

Talk to US

grad@gradright.com

09240209000

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Inorbit Mall Rd, Software Units Layout, Madhapur,
Hyderabad, Telangana 500081

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