Choosing India for higher education can be a strategic, cost-effective, and intellectually enriching decision especially for students seeking globally relevant education with strong regional advantages
Vibrant culture with expanding global career prospects
Affordable education and Living costs
extensive academic and professional diversity
Globally ranked and reputed institutions
expanding job market and start-up ecosystem
government support and international scholarships
Explore loan options for India
A non-collateral loan makes it possible to study abroad without putting assets or family finances at risk.
01 Education Loan for MS in the India
Special loan plans with flexible terms for MS students in India.
02 Education Loan for Indian Students in India
Education loans designed specifically for Indian students.
03 Unsecured Education Loan
No collateral required, faster approval process.
04 Collateral-Based Education Loan
Higher loan amounts with lower interest rates.
Compare Education Loan for Indian Students
Wondering which bank gives education loan without collateral for abroad studies? Here are some top lenders you can check out.
Bank Name
Loan Amount
Interest Rate
Processing Time
Processing Fee
Upto INR 2 Crore
9.95% - 12%
7 Days
0.5 - 1%
Upto INR 2 Crore
9.95% - 13.50%
10 Days
0.75 - 1%
Upto USD 200K
10.5% - 14%
7 days
100USD+ 5%
Upto INR 1.5 Crore
10.15% - 11.15%
25 days
INR 10,000
Upto INR 1.5 Crore
9.75% - 13%
14 days
0.75%
Upto INR 1.5 Crore
10% - 13%
7 days
0.85 - 1 %
Upto INR 1.5 Crore
10.50% - 13%
7 days
1%
Upto INR 1 Crore
9.95% - 12%
7 days
0.5 - 1 %
India Education Loan: Documents Required
An education loan for studying abroad covers tuition, accommodation, and living expenses—offering low interest rates, flexible terms, fast approval, and full support to help you achieve your academic goals.
Admission letter from a recognized India university.
Academic transcripts and certificates.
Valid Aadhaar and PAN card.
Co-applicant’s income proof and bank statements.
Collateral documents (if applying for a secured loan).
Completed loan application form.
Education Loan Eligibility Criteria For Studying in India
Must be an Indian citizen between 18 and 35 years of age.
Hold a confirmed admission offer from a recognized Indian university.
Maintain a strong academic record meeting university requirements.
Provide valid identification documents along with academic transcripts.
Have a reliable co-signer with a stable income.
Top Universities of India
IIM Ahmedabad, Gujrat
IIM Bangalore, Karnataka
IIM Kozhikode, Kerala
IIT Delhi (DoMS)
IIM Calcutta, West Bengal
IIM Mumbai, Maharashtra
IIM Lucnow, Uttar Pradesh
IIM Indore, Madhya Pradesh
XLRI -Xavier School of Management Jamshedpur, Jharkhand