Other important considerations
Foreign Exchange Permits by Nationalised Banks in India

The Reserve Bank of India has authorized all the Indian nationalised banks to release foreign exchange permits for higher education abroad. Several nationalised banks now offer educational loans to students.

Some of the banks offering loans to Indian students wishing to study abroad are: Allahabad Bank, Andhra Bank, ANZ Grindlays Bank, Bank of Baroda, Bank of India, Bank of Maharashtra, Canara Bank, Central Bank, Indian Bank, Indian Overseas Bank, Punjab & Sind Bank, Punjab National Bank, State Bank of India, Syndicate Bank