Good fit
Master's and MBA students at supported universities
International lender · reviewed 2026-11
Prodigy Finance Education Loan for Abroad Studies
Prodigy Finance is an international lender. No collateral, no co-signer — supported schools only. Here's what its abroad-study loan offers, who it suits, and how it compares — so you can decide before you visit a branch or apply online.
- No collateral and no co-signer — the loan is based on your future earning potential
- Online application
- Rate: From 10.90% (variable)
- Compared with 2–3 alternatives
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Quick answer
Prodigy Finance education loan for abroad studies
International student loans for postgraduate study. Postgraduate cost of attendance, depending on the school and program. No collateral and no co-signer — the loan is based on your future earning potential. Interest: from 10.90% (variable); 13.48% APR representative on USD 40,000, as published by Prodigy Finance. No co-applicant or collateral is needed. It suits master's and MBA students at supported universities.
Ask on WhatsAppUpdated · Reviewed by the Visa Edu Loans loan & visa desk
Official sources: Prodigy Finance
Prodigy Finance loan at a glance
- Lender type
- International lender
- Product
- International student loans for postgraduate study
- Loan amount
- Postgraduate cost of attendance, depending on the school and program
- Without collateral
- No collateral and no co-signer — the loan is based on your future earning potential
- Interest rate
- From 10.90% (variable); 13.48% APR representative on USD 40,000, as published by Prodigy Finance
- Typical time to sanction
- Online application; decisions are usually quick
Official terms
What Prodigy Finance publishes
Quoted from Prodigy Finance's own website, checked on 9 November 2026. Lenders revise these often; your sanction letter is final.
Official source: Prodigy Finance — rules change; always confirm current requirements.
Key terms
Prodigy Finance education loan: key terms
Limits and rates change; confirm the current terms on the lender's official page or your sanction letter.
Official source: Prodigy Finance — rules change; always confirm current requirements.
Fit
Who a Prodigy Finance loan suits
Good fit
Families without collateral or an income-proof co-applicant
Watch out
Only supported schools and programs qualify
Watch out
Loan is in a foreign currency, so rupee repayments move with exchange rates
Watch out
Variable rate — EMIs can change
Repayment
EMI on a ₹40 lakh Prodigy Finance loan
Illustrative at 10.9% (Prodigy Finance's published starting rate). Your rate depends on your profile.
Compare
How Prodigy Finance compares
Process
How to get a Prodigy Finance loan with our help
- 01
Profile check
We check your university, course and co-applicant against Prodigy Finance's policy and 2–3 alternatives.
- 02
Check school support
Confirm your university and program are supported by Prodigy Finance.
- 03
Apply online
Fill the lender's online application with your admit and academic details.
- 04
Compare the quote
We compare the rate, fees and rupee cost with Indian lenders.
- 05
Use the approval for the visa
The approval letter supports your proof of funds; disbursement goes to the university.
- Passport and admission letter from a supported university
- Academic transcripts and test scores
- Cost of attendance from the university
- Résumé and any work-experience proof
- Proof of address and identity as asked by the lender
FAQs
Frequently asked questions
Still have a question?
Ask a counsellor directly — we reply on WhatsApp during working hours (Mon–Sat, 9 AM–6 PM IST).
Postgraduate cost of attendance, depending on the school and program. The amount you get depends on your cost of attendance, collateral and co-applicant income.
No collateral and no co-signer — the loan is based on your future earning potential.
From 10.90% (variable); 13.48% APR representative on USD 40,000, as published by Prodigy Finance. Variable, benchmark-linked; an administration fee is added to the loan.
No. Prodigy Finance doesn't require a co-applicant or collateral for supported schools.
Online application; decisions are usually quick. A complete file is the biggest factor in speed.
No. We're an independent consultancy: we compare Prodigy Finance with other lenders for your profile and help you prepare the file. The lender makes every credit decision.
Explore
Keep exploring
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- Bank of India education loan· Public sector bank
- HDFC Bank education loan· Private bank
- ICICI Bank education loan· Private bank
- Axis Bank education loan· Private bank
- IDFC FIRST education loan· Private bank
Guides
Education loan guides
- How Much Education Loan Can I Get to Study Abroad?
- Is a Co-Applicant Mandatory for an Education Loan?
- Education Loan Without a Co-Applicant for Abroad Studies
- Education Loan Interest Rates for Abroad Studies
- Education Loan Tax Benefit: Section 80E and Section 129
- Education Loan Moratorium Period Explained
- All education loan guides
Talk to an expert
Talk to a counsellor today
Share your profile — we reply with a checklist and next steps. Expert consultations over call start at ₹355.
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