Abroad Education Loan starting at 8.33%*

Yes, many banks and NBFCs offer collateral-free education loans for students pursuing study abroad programs. Government banks, private banks, and NBFCs provide unsecured loans based on factors like academic performance, university ranking, and co-applicant income.

An education loan typically covers tuition fees, examination fees, cost of books, and accommodation & More!

The interest rates for education loans vary depending on the lender. Government banks generally offer lower interest rates compared to private banks and NBFCs. Factors like loan amount, repayment tenure, and collateral security impact the final rate.

The loan amount you’re eligible for (like “up to ₹2 Cr approved”) and the interest rate you may get (like “starting at 8.33%”) depend on multiple factors — including your university, destination country, loan amount, and your co-applicant’s profile (such as CIBIL score, income, and employment type). These are indicative offers provided by our partner lenders to eligible students. Final loan approvals and interest rates are decided after the lender reviews your complete loan application.

• Government banks: Collateral is a requirement, longer repayment periods but very strict eligibility criteria.
• Private banks: Faster processing, flexible terms, but slightly higher interest rates.
• NBFCs: Provide collateral-free loans, high loan amounts, and quick approval but with relatively higher interest rates.