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Study in Australia
Education loan rates for Australia
Secured and unsecured loan options from our lending partners for Indian students heading to Australia. Verified rates as of 2025–26.
10+Lending Partners
8.95%Secured from
10.85%Unsecured from
With Collateral
Secured loans for Australia
These loans require property or FD as collateral but offer the lowest interest rates. Margin money is the portion of the cost you must pay yourself.
| Lender | Max Loan Amount | Rate of Interest | Margin Money |
|---|---|---|---|
| SBI | Up to ₹1.5 Cr | 9.65% (girls) / 10.15% (boys) | 10% |
| Union Bank of India | Up to ₹1.5 Cr | 10.5% - 10.85% | 10% (listed) / 15% (non-listed) |
| Bank of Baroda | Up to ₹1.5 Cr | 9.15% - 10.15% | 10% |
| Punjab National Bank | Up to ₹1.5 Cr | 8.95% - 9.85% | 15% |
Without Collateral
Unsecured loans for Australia
No property needed — approval is based on your academic profile and co-applicant income. Faster processing but slightly higher rates.
| Lender | Max Loan Amount | Rate of Interest | Margin Money |
|---|---|---|---|
| Axis Bank | Up to ₹50 Lakh | 11% - 13.50% | 5% |
| ICICI Bank | Up to ₹50 Lakh | 10.85% - 12.50% | 0 - 15% |
| IDFC First Bank | Up to ₹35 Lakh | 11.75% - 13.25% | Nil |
| Credila | Up to ₹20 Lakh (STEM only) | 12% - 13% | Nil |
| Avanse | Up to ₹20 Lakh (STEM only) | 12.75% - 13.25% | Nil |
| Prodigy Finance | Up to USD 1,00,000 | 12% - 14% | Nil |
Rates shown are indicative as of 2025–26 and subject to change. Actual rate depends on your profile, university, and lender assessment. Confirm with the lender or our counsellors before applying.
Planning to study in Australia?
Tell us your university and loan amount — we'll match you to the right lender and get you the best rate your profile qualifies for.
Check My Eligibility Estimate My EMIVisa Guide
Student Visa (Subclass 500)
- 1Receive Confirmation of Enrolment (CoE) from your Australian university
- 2Apply online via ImmiAccount on the Australian Home Affairs website
- 3Pay visa application fee (~AUD 710)
- 4Submit financial evidence — proof of funds for tuition + AUD 21,041 living costs
- 5Overseas Student Health Cover (OSHC) is mandatory — arrange before visa application
- 6Processing time: 4–6 weeks for Indian applicants on average
Loan + Visa together: Your loan sanction letter is a key financial document for the visa application. We coordinate both processes so you're not chasing two things at once. Learn about our visa support →
Top Universities
Where our students go
The University of MelbourneThe University of SydneyAustralian National UniversityUniversity of New South Wales (UNSW)Monash UniversityUniversity of QueenslandUniversity of Western Australia
Average tuition: AUD 20,000–45,000/year. Living costs: AUD 20,000–25,000/year.
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