We work with every major lender
Paying 12%+ on your INR student loan?
We work with every major lender to lower your
rate,
saving you lakhs over the life of your loan.
₹10Cr+
Loans refinanced
2.25%
Avg rate drop
<2 mins
To get started
Your potential savings
Total Savings Over Loan Life
₹6,93,000
We work with every major lender
Refinancing
/ ree-fy-nan-sing / • an easy way to save money
Refinancing means taking a new loan at a lower interest rate to pay off your existing loan. Same debt, better terms, and you save money every single month.
Why Refinance
Here's how you benefit when you refinance your education loan with Roam.
Drop your rate by an average of 2.25%. Even on just a ₹35L loan, that's a few lakhs in interest saved.
A lower rate means a lower monthly payment, freeing up cash for rent, food, and actually living your life abroad.
Lower interest compounds in your favor. Save an average of ₹4-10 lakhs in total interest paid over the life of your loan.
Keep paying the same EMI at a lower rate and be debt free months, even years, earlier than planned. Then take a holiday :)
Release your family's property from the lender's hold. Convert a secured loan to unsecured, freeing your parents' assets.
How It Works
We handle the hard part. You fill in a few details.
Share your loan amount, current lender, and interest rate. Takes under a minute to complete.
~1 minWe compare across ICICI, Avanse, Credila, Axis, SBI and more to find the lowest rate for you.
~1 dayNo running between banks. Our team manages the entire paperwork and coordination end to end.
~2 daysYour new, lower rate loan is disbursed. Watch your EMI drop and savings grow month after month.
₹₹₹ savedINR vs USD
It depends on your situation. Here's the breakdown and why we recommend INR for most students.
We recommend INR refinancing
No US cosigner or credit history needed
Approvals in ~3 days vs weeks, no fees
₹ depreciation works in your favor over time
USD/INR Exchange Rate
The rupee is depreciating, making your INR loan cheaper in dollar terms
A ₹50L loan costs less in dollars every year thanks to FX movement
2.25%
Average rate drop
₹5.8L
Average total savings
12+
Lender partners
₹0
Fees charged to you
Savings Calculator
Drag the sliders to match your loan. Watch the savings update live.
Principal
₹35,00,000
Old Interest
₹26.5L
New Interest
₹21.1L
Your results
Total Interest Saved
₹5,39,161
That's ~3 months of rent in the US
Student Successes
Here's what refinancing looked like for students just like you.
★★★★★
"I was paying 12.75% on my Avanse loan. Roam got me down to 10.5% in under two weeks. My EMI dropped by ₹5,200/month. That's my entire grocery budget."
Rahul S.
MS CS, UT Dallas
★★★★★
"My parents had pledged our house as collateral. After refinancing through Roam, we decollateralized completely. My mom literally cried with relief."
Priya M.
MBA, Boston University
★★★★★
"I had no idea refinancing was even possible. Roam handled everything. I filled a form and two weeks later my rate dropped from 11.8% to 9.75%."
Arjun K.
MS Data Science, NEU
Get Started
Our team will be in touch to help you shortly :)
Fill in a few details and we'll find you the best rate.
FAQ
It is completely free for students refinancing loans in INR. We earn a referral fee from the lender when your refinancing goes through, you never pay anything. Our incentives are aligned: we only earn when you get a better deal.
All the major NBFCs, private, and public banks, including ICICI, Avanse, Credila (HDFC), Axis Bank, SBI, Union Bank, Canara Bank, PNB, Tata Capital, InCred, Poonawalla Fincorp, Auxilo, MPower, and more. We compare rates across all of them to find you the best deal.
There is no limit to how much you can save. On average, students see a rate drop of about 2.25%. On a typical ₹35L loan, that is ₹3 to ₹8 lakhs saved over the loan's life depending on your current rate and remaining tenure. Use the calculator above to see your specific numbers.
Filling out the eligibility form takes less than 2 minutes. The full refinancing process typically completes in about 3 days once the required documents are received. Our team handles all paperwork and lender coordination end to end.
No. Checking your rate through Roam does not trigger a hard credit inquiry. Your credit score stays completely unaffected until you decide to proceed with an offer. INR loan refinancing has no impact on your US credit score.
Generally yes, you will need a job (not a consultancy) to qualify. Students on OPT, CPT, or H-1B in the US or comparable work visas in the UK, EU, Australia, or Canada are eligible. Fill out the form and we will assess your specific situation at no cost. Even if you are still in school or do not have a job but are ready to start paying EMIs, you might still be able to refinance your loan. We recommend filling out the form and our team will reach out to do our best to help you.
If your family pledged property as security for your loan, refinancing may let you convert to an unsecured loan, releasing the property from the lender's hold. We actively explore this for every student.
Join the students who are already saving with Roam.
