Am I eligible for student loans for my master's studies abroad given my academic and family financial background in Germany?

Yes, you are eligible for student loans to pursue your master's studies abroad, including in Germany. Your clean academic record and graduation with no backlogs support your eligibility.

- Up to ₹7.5 lakh: Usually no collateral needed.
- Above ₹7.5 lakh: Collateral (like property or fixed deposits) is typically required.
- Co-applicant: A parent or guardian with stable income and good credit history is mandatory.
- Interest rates: Typically 8.5% - 14.5% per year (subject to change).
- Repayment: Flexible options, up to 15 years, with a moratorium during your studies.

For Germany, you’ll also need to show financial proof such as a blocked account for living expenses (about €11,904/year, subject to change).