3 ways to fund your degree — pick what fits your file.
Not every student can offer collateral, and not every lender needs it. Here's how the main routes compare.
Secured Loan
Backed by property, FD, or other collateral. Typically the cheapest option, with higher sanction limits and longer tenures.
From 7.6% p.a.
Unsecured Loan
Approved on co-applicant income and academic profile. Faster processing, no property paperwork, slightly higher rate.
From 9.8% p.a.
International Lender Loan
For students without an Indian guarantor. Approved largely on the strength of the admission and future earning potential.
From 11.5% p.a.
Indicative terms by loan type
| Loan Type | Interest Rate | Max Amount | Tenure | Processing Fee |
|---|---|---|---|---|
| Secured (Bank) | 7.6% – 9.5%* | No cap | Up to 15 yrs | 0.5% – 1% |
| Unsecured (NBFC) | 9.8% – 12.5%* | Up to ₹1.5Cr* | Up to 10 yrs | 1% – 2% |
| International Lender | 10.74% – 12.9%* | Course-cost linked | Up to 10 yrs | Flat, disclosed upfront |
Disclaimer: Rates are subject to change and vary by lender, course, and applicant profile. Final terms confirmed only after lender assessment.
What lenders typically check
Student Criteria
Confirmed admission at a recognised university, consistent academic record, and (for some lenders) a co-applicant with stable income.
Co-applicant Criteria
Parent, sibling, or spouse with verifiable income or assets — required for most secured and several unsecured products.
Credit Eligibility
Your CIBIL score helps lenders assess your repayment history and creditworthiness. A strong score can improve your chances of faster approval and better loan terms.
Documents Needed
Admit letter, academic transcripts, KYC, income proof, and collateral papers (if applicable) — we tell you exactly which apply to you.