Union Bank Abroad Education Loan

To be eligible for Union Bank's education loans for studying abroad, students must fulfil certain criteria. The student must be a citizen of India and have successfully cleared qualifying exams, if any. As for the co-applicant, the student's parents can sign as a co-applicant. In the case of a married student, the co-applicant can be their spouse, parents, or parents-in-law. If both parents are deceased, a close relative or guardian is considered eligible to be the co-applicant. These criteria ensure a comprehensive understanding of the eligibility requirements, allowing prospective applicants to prepare their documentation accordingly.

Union Bank of India offers education loans with low interest rates. The exact interest rate may vary, and we recommend connecting with our experts for the most up-to-date information.

One can apply for a Union Bank education loan for studying abroad by getting in touch with Lorien Finance. Fill out the form on our website, and our experts will schedule a callback with you. They will guide you through the application process, help you upload necessary documents online, and present the application to the bank. Once all the documents are uploaded and the KYC process is complete, the loan is expected to be sanctioned within a few working days.

Union Bank's education loans are known for their low interest rates, providing financial support for students aspiring to study abroad. While Union Bank may not explicitly mention benefits for exceptional academic performance, Lorien Finance, your trusted education loan partner, works diligently to ensure you access the most favourable terms. By leveraging our expertise and relationships with financial institutions, Lorien assists you in securing the best interest rates available. Our commitment is to make your study abroad journey financially viable, offering personalised support to enhance your overall experience.

Union Bank’s education loans require a co-applicant, and it is typically the student's parents. In certain cases, a guardian, relative, or sibling can act as the co-applicant.

Collateral requirements may vary based on individual circumstances and the loan amount. Lorien Finance, as your dedicated education loan partner, can facilitate this communication, ensuring you receive accurate and personalised information tailored to your specific needs. Contact us to navigate the intricacies of collateral or security for your Union Bank education loan, making your application process smoother and more transparent.