Can I get an education loan for my studies abroad and who can be a co-applicant for the loan?
Yes, you can apply for an education loan to study abroad. Most Indian banks and financial institutions require a co-applicant for such loans.
- Co-applicant: Usually a close family member such as a parent, legal guardian, or sibling.
- Requirements: The co-applicant should have a stable income and good credit history, as their financial profile is key for loan approval.
Loan amounts, terms, and eligibility criteria vary by lender and are subject to change. For details on your best options and next steps, connect with your LeapScholar counsellor.
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