Am I eligible for an education loan, and how much loan can I receive in Italy for a Master's/Bachelor's?

Yes, you are eligible for an education loan to pursue your master's in Italy, based on your completed bachelor's and postgraduate degrees and 4 years of work experience.

- Up to ₹50 lakh is typically available as an unsecured loan (no collateral required).
- Higher amounts - potentially up to ₹1.5 crore or more - may be possible with collateral or a co-applicant who has a stable income.

Loans generally cover tuition, living expenses, visa and travel costs, and other study-related expenses. Interest rates are usually 8.5% - 15%/year, with repayment tenures up to 15 years, including a moratorium during your studies.

Your 6.15 GPA and 3 backlogs may affect approval, as some banks have minimum academic criteria. However, your work experience and postgraduate qualification can strengthen your application.