Can I apply for a student loan from India to fund my studies abroad?

Yes, you can apply for a student loan from India to fund your studies abroad.

Indian banks and Non-Banking Financial Companies (NBFCs) typically offer education loans for overseas studies. These loans usually cover tuition fees, living expenses, travel, and other related costs.

- Loan amounts: Up to ₹1.5 crore, depending on the lender and your profile
- Interest rates: Usually start from 10.5%/year (banks) and 12.75%/year (NBFCs); subject to change
- Eligibility: Confirmed admission to a recognized foreign university and a co-applicant with stable income are generally required
- Collateral: Required for larger loan amounts (typically above ₹7.5 lakh); some NBFCs offer collateral-free loans for strong profiles

Loan terms and requirements can vary, so it's important to compare options and understand the conditions before applying.