Letter Writing on Request to a Bank for an Education Loan to Study Abroad: Check Samples and Format

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Letter Writing on Request to a Bank for an Education Loan to Study Abroad

Planning to study abroad is an exciting journey, but it also comes with financial responsibilities. For many students, applying for an education loan becomes an essential step to cover tuition fees, living expenses, and other costs in popular study abroad destinations such as the USA, UK, Canada, Australia, Germany, and more. Writing a formal request letter to a bank for an education loan is the first step in this process, and it must be clear, professional, and include all important details to increase the chances of approval. 

In this blog, we not only guide you on the format and important points to include in such letters but also provide ready-to-use samples of loan request letters to help you draft your own with confidence.

Format of Letter Writing on Request to a Bank for an Education Loan to Study Abroad

Must Read: Letter Writing Topics for Students of Classes 6th–10th

Letter Writing on Request to a Bank for an Education Loan to Study Abroad: Sample 1 (USA (STEM Programs))

Sender’s Address
Riya SharmaC-124, Shakti NagarNew Delhi – 110007
Mob: 9876543210
Email: [email protected]
Date: 13 September 2025

Receiver’s Address
The Branch Manager
State Bank of India
Shakti Nagar Branch
New Delhi – 110007

Subject: Request for Education Loan to Study in the USA

Respected Sir/Madam,
I am writing to request an education loan from your bank to continue my studies in the United States of America. I have secured admission at New York University (NYU) for a Master’s in Computer Science beginning January 2026. According to the university’s official fee structure, the tuition fee is about USD 45,000 (INR 37 lakh) per year, and living expenses in New York City come to nearly USD 15,000 (INR 12 lakh) annually. The total cost for two years will be around INR 98 lakh.I come from a middle-class family, and while my parents can manage part of the expenses, I will need a loan of INR 65 lakh to cover tuition fees and accommodation. I am submitting the admission letter, fee schedule, passport copy, academic transcripts, and my father’s income certificate. As you may know, graduates from NYU often secure jobs with leading companies such as Microsoft, Google, and Amazon, where starting salaries average USD 85,000 per year (INR 70 lakh). I am confident of repaying the loan on time once I begin working. I kindly request you to consider my application positively and sanction the education loan at the earliest.

Yours sincerely,
(Signature)
Riya Sharma

Also Read: How to Fill an Education Loan Application Form

Letter Writing on Request to a Bank for an Education Loan to Study Abroad: Sample 2 (UK (Management & Business Studies))

Sender’s Address
Arjun Mehta
45, M.G. Road, Lucknow – 226001
Mob: 9012345678
Email: [email protected]
Date: 13 September 2025

Receiver’s Address
The Branch Manager
Punjab National Bank
Hazratganj Branch
Lucknow – 226001

Subject: Request for Education Loan to Study in the UK

Respected Sir/Madam,
I am writing to apply for an education loan for my postgraduate studies in the United Kingdom. I have been offered admission to the University of Manchester for an MBA program, commencing in September 2025. The annual tuition fee for the MBA program is GBP 28,000 (INR 29 lakh). Living expenses in Manchester are estimated at GBP 11,500 (INR 12 lakh) for one year. Therefore, the total cost of the study will be about INR 41 lakh. I am requesting a loan of INR 35 lakh to cover tuition fees and part of my living expenses. I enclose my offer letter, academic certificates, identity proof, and my father’s job certificate (he is a government officer). The University of Manchester is part of the UK’s prestigious Russell Group, and MBA graduates from here have strong placement opportunities in Europe and Asia. As per the Financial Times Global MBA Rankings, the average salary of a Manchester MBA graduate is nearly GBP 80,000 per year (INR 84 lakh). With such career prospects, I will be able to repay the loan in due time. I request your kind approval of my education loan application.

Yours faithfully,
(Signature)
Arjun Mehta

Letter Writing on Request to a Bank for an Education Loan to Study Abroad: Sample 3 (Canada (Undergraduate Studies in Sciences))

Sender’s Address
Priya Nair
21, Rose Villa
Ernakulam, Kerala – 682020
Mob: 9123456780
Email: [email protected]

Date: 13 September 2025

Receiver’s Address
The Branch Manager
Canara Bank
Ernakulam Main Branch
Kerala – 682020

Subject: Request for Education Loan to Study in Canada

Respected Sir/Madam,
With due respect, I would like to request an education loan to study in Canada. I have received admission to the University of Toronto for a Bachelor’s Degree in Life Sciences, beginning in September 2025. The tuition fee for international students is about CAD 30,000 per year (INR 18 lakh), and living costs in Toronto come to nearly CAD 12,000 (INR 7 lakh) annually. Since the course is four years, the total cost will be approximately INR 1 crore. My family can provide partial support, but I require a loan of INR 60 lakh to meet tuition and hostel expenses. I am enclosing my admission offer, passport copy, fee details, academic records, and my father’s IT returns for reference. Canada is one of the top choices for Indian students, with more than 320,000 Indian students currently studying there. The University of Toronto is ranked among the Top 25 universities globally (QS 2025 rankings), and graduates from Life Sciences programs often get research positions with salaries starting from CAD 50,000 per year (INR 30 lakh).I assure you that after completing my studies, I will repay the loan without delay. I request you to kindly approve my loan application at the earliest.

Yours sincerely,
(Signature)
Priya Nair

Also Read: How to Apply for an Education Loan from Canara Bank

FAQs

How do I write a letter to the bank requesting an education loan?

To write a letter to the bank requesting an education loan, keep it formal and simple. Start with your address, date, and the bank manager’s details, followed by a subject line such as “Request for Education Loan to Study Abroad.” In the body, mention your admission to a university, course details, total expenses (tuition, living costs), and the amount of loan you need. List the documents you are attaching like the admission letter, fee structure, academic certificates, and income proof. End the letter by assuring repayment after your studies and politely requesting approval of the loan.

How do I write a letter requesting a bank loan?

To write a letter requesting a bank loan, keep it formal and clear: start with your name, address, date, and the bank manager’s details, then add a subject line like “Request for Education Loan.” In the body, mention the purpose of the loan (e.g., higher studies abroad), the amount required, course and university details, estimated costs, and attach supporting documents such as admission letters, fee structure, and income proof. Conclude with a polite request for approval, an assurance of repayment, and close with your signature and full name.

How to write an application to a bank manager for grant of a study loan?

Keep the letter formal and clear to writing an application to the bank manager for a study loan. Start with your personal details and address it to the branch manager. Mention your admission to a recognized university or college, the course you will pursue, and the study destination. Clearly state the total expenses (tuition fees, living costs, etc.) and the loan amount you require. Attach supporting documents such as the admission letter, fee structure, academic records, ID proof, and income details of parents/guardians. Conclude by assuring timely repayment after completion of your studies and politely request the manager to approve your loan application.

Related Reads

Indian Bank Education Loan to Study AbroadHow to Write an Application Letter for a Scholarship
Bandhan Bank Personal Loan to Study AbroadCanara Bank Education Loan to Study Abroad
Union Bank of India Personal Loan to Study AbroadRequest Letter for a Degree: Format, Samples and Tips

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