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International lender · 🇬🇧 UK

Prodigy Finance Education Loan for the UK

How Prodigy Finance's education loan works for Indian students heading to the UK — limits, collateral, rates and what a typical UK loan costs to repay.

  • Postgraduate cost of attendance
  • From 10.90%
  • Example: ₹40 lakh for UK
  • We compare 2–3 lenders

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Quick answer

Is Prodigy Finance a good choice for an education loan for the UK?

No collateral, no co-signer — supported schools only. Prodigy Finance lends for the UK: postgraduate cost of attendance, depending on the school and program. A typical UK master's on our data (Kent, ₹46 lakh – ₹54 lakh) needs about ₹40 lakh; at 10.5% over 10 years the EMI is about ₹53,974 a month.

Ask on WhatsAppUpdated · Reviewed by the Visa Edu Loans admissions & finance desk

Official sources: Prodigy Finance

Prodigy Finance for the UK

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
Collateral
None
Co-applicant
Not required
Interest rate
From 10.90% (variable); 13.48% APR representative on USD 40,000, as published by Prodigy Finance
Repayment
Repayment starts after a grace period following graduation; terms as per the offer
Processing
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.

What Prodigy Finance publishes
TermAs published by Prodigy Finance
Interest rateFrom 10.90% (variable)
Representative APR13.48% APR, variable, on a total credit of USD 40,000
Loan amountUp to USD 220,000, up to 100% of the cost of attendance (school limits apply)
Collateral and co-signerNo collateral; no co-signer for master's loans for international students

Official source: Prodigy Finance — rules change; always confirm current requirements.

Repayment

EMI on a ₹40 lakh loan for the UK

EMI on a ₹40 lakh loan for the UK
Rate7 years10 years15 years
9%₹64,356₹50,670₹40,571
10.5%₹67,443₹53,974₹44,216
12%₹70,611₹57,388₹48,007

Fit

When Prodigy Finance suits a UK plan

Master's and MBA students at supported universities

Master's and MBA students at supported universities

Families without collateral or an income-proof co-applicant

Families without collateral or an income-proof co-applicant

Watch out

Only supported schools and programs qualify

Visa

Using the loan for the UK visa

Get this checklist on WhatsApp
  • Get the sanction letter before applying for the UK Student visa
  • Make sure the sanction covers the funds the visa requires
  • Tuition is paid to the university; living costs to your account
  • Keep the disbursement schedule aligned with your intake

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

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.

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