How much education loan can I get for studying abroad?

There is no single figure. Lenders size an education loan against the total cost of your specific course and university, your co-applicant's income and credit history, and whether collateral is offered. A secured loan generally stretches further than an unsecured one. We help you work out what you actually need and what you can realistically expect, before you approach anyone — but the sanctioned amount is always the lender's decision, not ours.

Do I need collateral for an education loan?

It depends on the amount, the destination, the institution and your co-applicant. Unsecured education loans do exist and are common, but they are normally capped lower than secured ones and rest almost entirely on the co-applicant's income and credit record. For a course inside India at a covered institution, PM-Vidyalaxmi is specifically collateral-free and guarantor-free. We go through which route fits your file before you apply.

What interest rate will I pay?

We are not a lender and we have no rate to quote you. Rates are set by each bank or NBFC and vary by loan amount, whether it is secured, the destination, the institution and your co-applicant's profile — and they move. We help you compare live offers side by side on the total cost of borrowing rather than the headline rate alone, and we take no commission from any lender.

How long does an education loan take to be sanctioned?

It varies by lender and by route, and the biggest variable is usually the file rather than the bank. A complete application — offer letter, academics, KYC, co-applicant income proof and collateral papers ready together — moves far faster than one assembled in pieces. Secured loans take longer than unsecured ones because the property or deposit has to be valued and verified. Start as soon as you have an offer letter, not after you book a visa appointment.

When does repayment start?

Most education loans include a moratorium covering the course plus a period after it, so repayment usually begins after the course ends rather than during it. The exact length, and whether interest accrues or is serviced during the moratorium, is set in your loan agreement — read that clause specifically, because it changes the total you repay considerably. We will go through it with you before you sign.

Which countries do you help students apply to?

Twenty-two destinations in all, including the UK, USA, Canada, Australia, New Zealand, Germany, Ireland, France, Italy, the Netherlands, Switzerland, Spain, Singapore, Malaysia, Dubai/UAE and Mauritius — and we also advise students staying in India. Each has its own entry requirements, visa route and funding picture, and we will tell you plainly when the one you have in mind is a poor fit for your profile.

How do you help with university selection?

We start from your academic record, budget and what you want to do afterwards, then build a shortlist with genuine ambitious, target and fallback options rather than encouraging you to apply everywhere. We will show you universities we earn nothing from, and we compare offers on total cost and post-study work rights, not on ranking alone.

Do you help with scholarship applications?

Yes — screening which university, government and external awards you genuinely qualify for, then working on the application itself. Timing matters more than most students expect: several of the larger scholarships close before the university's own deadline, so waiting for an offer letter means missing them. A scholarship reduces what you have to borrow, which is why we look at awards before the loan.

What is included in visa assistance?

A document checklist for your exact destination and visa category, preparation of the financial evidence, a full review of the application before submission, and interview practice where the destination requires one. Financial evidence is where most files come unstuck — funds not held long enough, an undocumented sponsor, or a sanction letter that does not match the offer letter — so we check it against the rule in force for your destination. Visa decisions rest with the immigration authority; we cannot guarantee an outcome.

What documents are required for a loan application?

Typically: the admission or offer letter with the full fee structure, academic records, an English test scorecard where the course needs one, KYC for the student and co-applicant, co-applicant income proof such as salary slips, Form 16 or ITRs and bank statements, collateral papers for a secured loan, and a written breakdown of the total cost against what you are funding yourself. Individual lenders add their own requirements, so we confirm the list against the specific lender before you start.

Can I apply before I have an admission offer?

Some lenders will assess eligibility in principle before an offer letter, which is useful for planning how much to borrow and which universities are realistically affordable. It is an indication, not a sanction — the actual loan is processed once the admission offer and fee structure are in hand, and the final terms can differ.

Do you charge a fee for education loan help?

No. Education loan guidance is part of the counselling we already provide, and the first consultation is free. We are not a lending agent and we take no percentage of your loan. Lenders may levy their own processing charges — those are theirs, disclosed in their sanction letter. If anyone asks you for a fee to 'get your loan approved', treat that as a warning sign.

How is the loan amount disbursed?

Usually in stages rather than as a lump sum: tuition normally goes directly to the institution against its fee demand, with living-expense components released to you or in instalments across academic terms. The schedule is set by the lender and written into the sanction letter, so it is worth matching it against your fee deadlines early — a disbursement that lands after a fee due date is a common and avoidable problem.

Study Abroad & Overseas Education Loan Specialists

Turn Your Global Study Dreams Into Reality

Guiding Indian students through university admissions, collateral-free education loans, scholarships and the student visa process — end to end, and free to start.

Education Loans

Secured & collateral-free options

Collateral-Free Route

Where the lender allows it

22 Countries

Study destinations covered

Free first consultation

No cost, no obligation — talk to a counsellor first

Transparent guidance, no false promises

RBI-regulated banks & NBFCs

Popular Destinations:🇬🇧UK🇺🇸USA🇨🇦Canada🇦🇺Australia🇩🇪Germany🇯🇵Japan🇮🇳India🇪🇺Europe

Independent Guidance — We Take No Lender Commission

Overseas admissions across 22 destinations, and domestic education loans under PM-Vidyalaxmi for students staying in India.

Part of the free consultation

Lenders We Help You Compare

Public banks, private banks, Indian NBFCs and international lenders all lend to Indian students, on very different terms. We shortlist against your profile and explain the trade-offs — we are not an agent for any of them and take no commission.

SBI Education Loans

Public Bank

Secured & unsecured

HDFC Credila

NBFC

Overseas specialist

Axis Bank

Private Bank

Secured & unsecured

ICICI Bank

Private Bank

Secured & unsecured

Avanse Financial

NBFC

Overseas specialist

InCred Finance

NBFC

Overseas specialist

Prodigy Finance

International

USD / GBP lending

MPower Financing

International

No co-signer route

End-to-End Overseas Solutions

Everything You Need to Study Abroad

From funding your education to landing at your university campus, we take care of every step with complete transparency.

No Fee

Education Loans — Abroad & India

Secured, unsecured and collateral-free routes compared against your profile. We take no commission from any lender.

Funding gap worked out first

Sanction timed to your visa file

PM-Vidyalaxmi for Indian colleges

Section 80E position explained

Free Consultation

University Admission Support

Personalized shortlisting of top QS-ranked universities matching your academic profile and budget.

SOP & LOR Drafting

UCAS / Direct Applications

Profile Enhancement

1-on-1 Counselor Sessions

Most Files Fail On Money

Student Visa Processing

Document checklist for your exact visa category, financial evidence checked against the current rule, full review before submission.

Financial evidence review

CAS / I-20 guidance

Mock visa interviews

Checked before submission

Do This Before The Loan

Scholarship Assistance

Discover and apply for fully-funded and merit-based government & university scholarships.

Eligibility screened first

Essay and statement guidance

University & government awards

Deadlines tracked — many close early

Exam Ready

IELTS / TOEFL & GRE Prep

Which test your course and visa route actually require — students routinely sit the wrong one — and a date planned around the deadline.

Right test for your visa route

Exemption check first

Mock tests and material

Score timed to the deadline

Post-Arrival

Travel & Forex Support

Pre-departure briefing, forex and fee-transfer guidance at disbursement, and help finding somewhere to live once you have an offer.

Forex student cards

Halls vs private housing

Deposit & guarantor terms explained

Pre-departure checklist

✨ Free 1-on-1 Counseling Session

Unsure About Your Loan Eligibility or University Selection?

Talk to our senior education financing consultants today. We will evaluate your profile and provide a customized roadmap free of cost.

Seven Stages, One Team

Plenty of students come to us with an offer already in hand and only need the loan or the visa.

Start Wherever You Are

200+

Visa Success

Student Status + CoE

Engineering & RoboticsComputer Science & AIAutomotive Engineering+3 more

Explore Japan

Want to Explore All 22+ Study Destinations?

Including Russia, Ukraine, Iran, China, Japan, Switzerland, Spain, Mauritius, Netherlands, and more.

What We Will — And Won't — Promise

We would rather show you nothing than show you reviews we made up. Student stories go here as students agree to share them — until then, here is what you can hold us to.

What we will do

Work out the real cost and the real funding gap before you apply anywhere
Build a shortlist from your profile, including universities we earn nothing from
Compare lenders on total cost of borrowing, not the headline rate
Time the loan sanction so it lands before your visa appointment
Tell you plainly when your plan is a poor fit, and why
Give you the first consultation free, with no obligation

What we will not promise

×An interest rate — we are not a lender and have none to offer
×A loan amount, or that any lender will approve you at all
×An approval timeline on a bank's behalf
×Admission to any university — that decision is theirs
×A visa — that decision belongs to the immigration authority
×A success-rate percentage we cannot evidence

Study destinations covered

Plus guidance for students staying in India

480+

Cities and 35 states served

Counselling runs online, so location is not a barrier

Staged

Multiple disbursement

Released in instalments, timed to your fee deadlines

₹0

Commission taken from lenders

And no fee for education loan guidance — first consult free

Start with the free consultation

Bring your marksheets, a budget and a rough idea of where you want to go. You will leave knowing what you qualify for, what it costs and what you would need to borrow.

Book a free consultation Call +91 92118 18710

Frequently Asked Questions

Get answers to the most common questions about education loans, study abroad processes, and our services. Can't find what you're looking for? Contact our experts.

Education Loans

Still Have Questions?

Our expert counselors are here to help you with personalized answers and guidance for your specific situation.

Live Chat

Get instant answers to your questions

📞

Phone Support

Speak directly with our experts

📧

Email Support

Send us your detailed queries

Turn Your Global Study Dreams Into Reality

Designed for Indian Students & Families

Funding Worked Out First

Secured & Unsecured Routes

No Commission From Lenders

Sanction Timed To Your Visa

No Fee For Loan Guidance

Abroad And Inside India

Lenders We Help You Compare

Everything You Need to Study Abroad

Education Loans — Abroad & India

University Admission Support

Student Visa Processing

Scholarship Assistance

IELTS / TOEFL & GRE Prep

Travel & Forex Support

Unsure About Your Loan Eligibility or University Selection?

One Partner for the Entire Student Journey

Career Counselling

Country & Course

University Admission

Education Loan

Scholarships

Student Visa

Accommodation & Departure

Already partway through?

Start Wherever You Are

Study in Your Dream Country

United Kingdom

United States

Canada

Australia

Singapore

Ireland

France

Germany

Japan

Want to Explore All 22+ Study Destinations?

What We Will — And Won't — Promise

What we will do

What we will not promise

Start with the free consultation

Frequently Asked Questions

Categories

Education Loans

How much education loan can I get for studying abroad?

Do I need collateral for an education loan?

What interest rate will I pay?

How long does an education loan take to be sanctioned?

When does repayment start?

Still Have Questions?

Live Chat

Phone Support

Email Support