Global ED-Vantage Scheme


Loans will be granted to deserving/meritorious students for pursuing full-time regular courses in foreign colleges/universities.

Courses Coverd

Regular Graduate Degree/Post-Graduate Degree/Diploma/Certificate/Doctorate Courses in any discipline offered by foreign Institutes/Universities in USA, UK, Canada, Australia, Singapore, Japan, Hong Kong, New Zealand and Europe [Austria, Belgium, Czech Republic, Denmark, Estonia, Finland, France, Germany, Greece, Ireland, Italy, Netherlands, Norway, Poland, Portugal, Russia, Spain, Sweden, Switzerland, United Kingdom] will be covered under the scheme.

Pathway Courses leading to the main course are sometimes included under the total expenses, which can be financed as a part of the total expenses.

In the case of study of MBBS courses in countries other than mentioned above, the courses need to have the approval of MCI.

In the case of Pilot Training courses, the courses need to have the approval of the Country specific Aviation Regulatory Authority. Additionally, the course can have a sponsorship/ Employment guarantee of any Domestic airline.

The courses offered by Foreign Universities through Indian Institutes are covered under the scheme, viz., SP Jain School of Global Management.


  • Minimum Margin 10%
  • Margin has to be brought in at the time of each disbursement

Loan Amount

  • Minimum Loan Amount: Rs. 10 Lacs
  •  Maximum Loan Amount: Rs. 1.5 Cr
  • Higher Loan amount can be considered and approved by the Circle CGM on a case-to-case basis based on expenses and employability of the course 

Processing Fees

  • Rs. 10,000/- + applicable GST 


Tangible collateral security. “A” Khata properties and very few E khata properties where form 9 and 11A is available and Fixed Deposits (fixed deposits With SBI only)

Moratorium Period

Up to 6 months after completion of the course