About the Scheme
Buddy4Study - ICICI Bank Education Loan Programme is a joint initiative offered by the ICICI Bank and Buddy4Study to financially support Indian students for pursuing higher education in India or abroad. Under this programme, students willing to pursue an undergraduate, postgraduate or postgraduate diploma in professional courses will be provided with a loan amount ranging from INR 1 crore for education in India to INR 2 crore for education abroad. The interest rate starts at 9.85% per annum and the loan tenure is up to 12 years.
At a Glance
At a GlancePrivate / Corporate scheme for the 2026 academic year. Partially funded; applications are online only.
- Loan
- Diploma
- Undergraduate
- Postgraduate
Eligibility Criteria
Open for Indian students who are studying in or applying to undergraduate, postgraduate and PG diploma courses from recognized and accredited colleges/universities abroad. Applicants must have passed Class 12/Diploma/Graduation. Applicants must be aged between 16 and 35 years. Applicants must have a good academic record.
Admissions & Course Track
Diploma, Postgraduate, Post-Matric (Class 11–12), Professional courses and Undergraduate students in Class 12 studying Engineering & Technology.
Nationality
Open to applicants of any nationality.
Age Limit
Applicants must be between 16 and 35 years old.
Award Benefits & Structure
Loan up to INR 2 croreone-time
Partially funded.
Mandatory Document Checklist
Keep clear scanned copies of these ready before you begin your application.
- Essential
Passport
A valid passport — scan the bio-data page.
- Essential
Marksheets
Marksheets of the qualifying examinations, validating merit.
- Essential
Admission Letter
Current-year admission or allotment letter from your institution.
- Essential
Aadhaar Card
The applicant's own Aadhaar card.
Selection Procedure & Key Timeline
Application Registration Opens
The online application opens.
Application Deadline
(Active)Last day to submit your application and supporting documents.
How to Apply
Applications for this scheme are online. Follow these steps in order.
Click on the 'Apply Now' button below.
Login to Buddy4Study using a registered ID to land on the 'Online Application Form Page.'
If not registered on Buddy4Study - Register at Buddy4Study with your Email/Mobile/Gmail account
You will now be redirected to the ‘ICICI Education Loan 2023-24' application form page.
Click on the 'Start Application' button to begin the application process.
Fill in the required details in the online application form.
Upload the required documents.
Accept the 'Terms and Conditions' and click on 'Preview.'
Review the preview screen to ensure that all the filled-in details are correct.
If all the details appear correctly on the preview screen, click on the ‘Submit’ button to complete the application process.
Frequently Asked Questions
The Buddy4Study - ICICI Bank International Education Loan Programme is a private / corporate scholarship offered by Buddy4Study and ICICI Bank for the 2026 academic year. For undergraduate, postgraduate and PG diploma students abroad
Open for Indian students who are studying in or applying to undergraduate, postgraduate and PG diploma courses from recognized and accredited colleges/universities abroad. Applicants must have passed Class 12/Diploma/Graduation. Applicants must be aged between 16 and 35 years. Applicants must have a good academic record.
The award is Loan up to INR 2 crore one-time. It is partially funded.
Applications open on 28 August 2023. The last date to apply is 31 October 2026.
You need Passport, Marksheets, Admission Letter and Aadhaar Card.
Applications are online. 1. Click on the 'Apply Now' button below. 2. Login to Buddy4Study using a registered ID to land on the 'Online Application Form Page.'. 3. If not registered on Buddy4Study - Register at Buddy4Study with your Email/Mobile/Gmail account. 4. You will now be redirected to the ‘ICICI Education Loan 2023-24' application form page. 5. Click on the 'Start Application' button to begin the application process. 6. Fill in the required details in the online application form. 7. Upload the required documents. 8. Accept the 'Terms and Conditions' and click on 'Preview.'. 9. Review the preview screen to ensure that all the filled-in details are correct. 10. If all the details appear correctly on the preview screen, click on the ‘Submit’ button to complete the application process.
