Can I get a loan without collateral on my offer letter, even if I have limited or no current work experience?

Yes, you can get an education loan without collateral based on your offer letter, even if you have limited or no current work experience.

- Unsecured loans up to ₹7.5 lakh are commonly available without collateral. For higher amounts, approval is stricter but possible in some cases.
- Co-applicant required: Most lenders ask for a co-applicant (usually a parent or guardian) with a stable income, as their financial background impacts approval.
- Academic record and institution: Strong academics and an offer from a reputable university improve your chances.

Loan terms and eligibility are subject to change. If you need help with lender options or the application process, please connect with your LeapScholar counsellor.