Expatrio has partnered with ICICI Bank to help students from India to secure education loans while applying for an Expatrio Blocked Account, simplifying funding for their studies in Germany.
With ICICI Bank, you can obtain an education loan of up to ₹2 crore for international studies, enjoy flexible repayment options, save on income tax under section 80E on the interest paid (under the old tax regime), and receive a pre-admission sanction letter.
Choosing ICICI Bank with Expatrio offers several advantages, including no margin for premium institutes, a quick and simple application process, seamless remittance to international institutes, and a complete digital journey for convenience.
Visit the Expatrio website to learn more and start the application process for your ICICI Bank education loan and the Expatrio Blocked Account!
A Blocked Account is a special type of bank account required for international students in Germany to prove they have sufficient financial resources to support themselves during their studies. You can receive a pre-admission sanction letter from ICICI Bank, which can assist in your university application process. The entire application process is designed to be completed digitally, making applying and managing your loan and Blocked Account convenient and straightforward.
The partnership offers a streamlined and efficient process for securing the necessary funds and setting up a Blocked Account, all through a digital platform, ensuring a hassle-free experience. No margin for premium institutes means that ICICI Bank does not require you to contribute a margin (a percentage of the total loan amount) when applying for a loan to study at premium institutes.
You can visit the Expatrio website for more details and start your application process.