Am I eligible for an education loan, and how much loan can I receive in France for a Master's?
Yes, you are eligible for an education loan to study your Master's in France with your academic background and work experience.
As an Indian student, you can typically apply for education loans from Indian banks and international lenders. Loan amounts can range from ₹20 lakh up to ₹1.5 crore or more, depending on the lender, your course, and collateral. Loans above certain amounts usually require collateral and a co-applicant with stable income. Repayment terms often extend up to 15 years, with moratorium periods during your study.
More expert answers
Yes, you are eligible for an education loan to pursue your Master's in France.
- Unsecured loans: Up to ₹7.5 lakh, typically without collateral.
- Secured loans: Higher amounts possible (up to several crores), but require collateral such as property.
- Covered expenses: Tuition, accommodation, travel, and other study-related costs are usually included.
- Repayment: Tenures can extend up to 15 years, with a moratorium during your course and a grace period after completion.
The exact loan amount depends on your financial background, the lender’s policies, and the course/institution.
Will you qualify for an education loan?
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