Margin money
The share of costs you pay yourself — often 0–15% depending on the lender and amount.
Education Loans
Education Loans: Secured, collateral-free and international lender options
The right education loan depends on your university, course, co-applicant, collateral and timeline. We compare lenders across public banks, private banks, NBFCs and international lenders, and coordinate the sanction letter with your visa.
- Secured & unsecured options
- Banks, NBFCs & global lenders
- Sanction letter for visa
- EMI planning
Talk to an expert
Checklist and next steps on WhatsApp
Why loan planning should start early
Loan sanctions take time, and your visa needs proof of funds. Starting late leads to rushed decisions, higher interest or missed visa slots. We start the loan process alongside applications.
What's included
What you get with education loans
Eligibility check
We assess your university, course, co-applicant income and collateral.
Lender comparison
Interest, processing fees, margin money, collateral and moratorium compared.
Documentation
KYC, income proof, admission and collateral papers prepared.
Sanction & visa letter
Sanction letter timed for your I-20, CAS or visa funds proof.
Disbursement planning
Fees paid directly to the university on schedule.
Tax & remittance
Section 80E and foreign remittance guidance via Indus Tax.
Talk to an expert about education loans
Get advice on your exact case from a senior counsellor — with a checklist and fixed quote after the call.
₹355 15 min₹755 30 min₹1,155 45–60 min
Process
How our education loans process works
- 01
Eligibility check
Share your admit, course and co-applicant details.
- 02
Lender shortlist
We recommend 2–3 suitable lenders.
- 03
Application & documents
We help you prepare and submit.
- 04
Sanction
Receive the sanction letter for your visa.
- 05
Disbursement
Fees and living costs released as per schedule.
Compare
Types of education loan lenders
Indicative ranges only — rates and limits change and depend on your profile. Always confirm with the lender.
| Lender type | Collateral | Typical amount | Indicative interest | Best for |
|---|---|---|---|---|
| Public sector banks | Usually required above ₹7.5 lakh | Up to ₹1 Cr+ (secured) | ≈ 8.5% – 11% | Lowest rates with collateral |
| Private banks | Secured or unsecured | ₹20 lakh – ₹1 Cr+ | ≈ 9.5% – 13% | Faster processing |
| NBFCs | Often collateral-free | Up to ₹50–75 lakh+ (unsecured) | ≈ 10.5% – 14% | No collateral, quick sanctions |
| International lenders | No collateral or Indian co-signer | Up to ≈ US$100,000 | Fixed USD rates | Top universities, STEM programs |
EMI calculator
Estimate your education loan EMI
Monthly EMI after moratorium
₹51,107
- Loan amount
- ₹30,00,000
- Moratorium interest
- ₹7,87,500
- Total interest
- ₹31,32,796
- Total repayment
- ₹61,32,796
Indicative only. Actual EMI depends on the lender, whether you pay interest during the moratorium, fees and your profile.
Documents
Documents usually required
- Admission letter and fee structure
- Student and co-applicant KYC (PAN, Aadhaar, passport)
- Academic records and test scores
- Co-applicant income proof (ITRs, salary slips, bank statements)
- Collateral documents for secured loans
- Bank statements for the last 6 months
Good to know
Education loan terms explained
Moratorium
No-EMI period, usually the course length plus 6–12 months. Interest may accrue during this time.
Section 80E
Interest paid on an education loan is tax-deductible in India for up to 8 years from when repayment starts.
TCS on remittance
Fee remittances funded by an education loan from a financial institution are generally exempt from TCS under current rules; self-funded remittances above the threshold attract TCS.
Popular searches
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FAQs
Education Loans: frequently asked questions
Yes. NBFCs, some private banks and international lenders offer collateral-free loans, especially for well-ranked universities and STEM programs. Interest is usually higher than secured loans.
It depends on the lender, university, co-applicant and collateral. Secured loans can cover the full cost; unsecured loans are often up to ₹50–75 lakh or more for top programs.
Yes, for most countries including the USA, UK, Canada and Australia, as part of your proof of funds.
Indian lenders usually require a parent, spouse or close relative as co-applicant. Some international lenders don't.
Yes, the interest component is deductible under Section 80E for up to 8 years.
As soon as you have an admission (or even a conditional offer). Early sanctions avoid visa delays.
More services
Other study abroad services
Student VisaCountry-wise visa files that hold up to scrutinyVisa AssistanceFile audit, mock interviews & support until your decisionFinancial AssistanceBudget, proof of funds and visa-ready financial documentsAdmission GuidanceFrom profile review to the right admitCareer CounsellingChoose the course and country that fit your futureScholarshipsFind, apply and win funding for your studies
Talk to an expert
Talk to a study abroad expert today
Share your profile — we reply with a checklist and next steps. Expert consultations over call start at ₹355.
Mon–Sat, 9 AM–6 PM IST