Migration Overseas
Since 1998
Comprehensive financial solutions for international students including education loans, GIC/blocked accounts, and forex services. We partner with leading banks and financial institutions to make your study abroad journey financially smooth.
Get education loans up to ₹1 Crore with competitive interest rates and flexible repayment options from India's leading banks
India's first dedicated education loan company with 15+ years experience
Comprehensive banking solutions including loans and GIC accounts for Canada
Fast processing with dedicated education loan vertical
India's largest bank with extensive education loan schemes
Baroda Scholar & Baroda Vidya schemes for international education
International student loans without collateral or cosigner
Compare key features across our partner banks
| Feature | HDFC Credila | ICICI Bank | SBI | Axis Bank | Prodigy Finance |
|---|---|---|---|---|---|
| Maximum Loan | ₹1 Crore | ₹1 Crore | ₹1.5 Crore | ₹75 Lakhs | $100,000+ |
| Collateral Free Limit | ₹40 Lakhs | ₹20 Lakhs | ₹7.5 Lakhs | ₹20 Lakhs | Full Amount |
| Interest Rate (approx) | 10-12% | 10.5-12% | 8.5-10.5% | 10-12% | 7-14% (Variable) |
| Processing Time | 48-72 hours | 3-5 days | 7-10 days | 3-5 days | 2-4 weeks |
| Moratorium Period | Course + 6 months | Course + 6 months | Course + 12 months | Course + 6 months | Course + 6 months |
| Cosigner Required | Yes | Yes | Yes | Yes | No |
Mandatory financial proof accounts required by various countries for student visa applications
A GIC is a Canadian investment that offers guaranteed returns. IRCC lists a GIC from a Canadian financial institution as one example of acceptable proof of funds but does not require one. The CAD 23,448 figure is IRCC's minimum for a single study permit applicant and excludes tuition and transportation. Banks set their own GIC deposit amounts, so confirm the amount with the bank.
A blocked account (Sperrkonto) is mandatory for German student visa. You deposit funds which are then released monthly (€992/month) for living expenses.
Australia requires proof of sufficient funds for living costs. This can be shown through bank statements, loans, or scholarships.
Get the best exchange rates for your tuition fees and living expenses abroad
Multi-currency forex cards with competitive rates and zero cross-currency charges
Direct wire transfers for tuition fee payments to universities worldwide
Buy foreign currency at competitive rates with doorstep delivery option
Get notified when exchange rates are favorable for your transfers
Simple steps to secure your education funding
Admission letter, KYC, academic records, income proof
Bank evaluates eligibility and loan amount
Receive in-principle approval for visa application
Apply for visa with loan sanction letter
Funds transferred directly to university
Find answers to the most common questions about this visa category.
Common requirements include bank statements (6-12 months), tax returns, income certificates, property documents, and investment proofs. Requirements vary by country and visa type.
Options include personal savings, education loans, scholarships, sponsor declarations, or blocked accounts (GIC for Canada, blocked account for Germany).
A Guaranteed Investment Certificate (GIC) is a deposit held with a Canadian bank. It was mandatory for the Student Direct Stream (SDS), which ended on 8 November 2024. IRCC now lists a GIC from a Canadian financial institution as one example of acceptable proof of funds, not as a requirement. For study permit applications made on or after 1 September 2026, IRCC's minimum proof of funds for a single applicant is CAD 23,448, excluding tuition and transportation. Banks set their own GIC deposit amounts, so confirm the amount with the bank.
Students must deposit approximately €11,904 in a blocked German account, releasing €992/month for living expenses. This proves financial capacity for student visa.
Yes, sanctioned education loans are accepted as proof of funds. You need loan sanction letter and disbursement proof. Some countries prefer liquid funds over loans.
Self-employed applicants need ITR for 2-3 years, business registration, audited accounts, and CA certificates. Consistent income history strengthens applications.
Provide sponsor's financial documents (bank statements, ITR, property), relationship proof, and affidavit of support. Sponsors should show capacity beyond their regular expenses.
Requirements vary by country and change often. Canada: IRCC requires CAD 23,448 for a single study permit applicant applying on or after 1 September 2026, excluding tuition and transportation. UK: gov.uk currently lists GBP 1,529 per month (London) or GBP 1,171 per month (outside London) for up to 9 months, and tuition is assessed separately. Australia: check the current living-cost figure on the Home Affairs student visa page. Confirm every figure on the official page before depositing funds.
Property documents strengthen applications by demonstrating ties to home country and overall financial stability. They're especially valuable for visitor visas and investment proof.
We review and organize your financial documents, advise on fund arrangement strategies, prepare custom checklists, and ensure documentation meets specific visa requirements.
Our financial counselors will help you find the best loan options and guide you through the entire process.
