FDM Finance

Education Loan for India Made Easy

Quickly find the best education loan options to finance your studies in India

Why Choose India for Masters?

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

IIT Bombay (DoMS) Mumbai, Maharashtra

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