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Can I take an education loan and can I change the loan and savings plan later?

23 Jun 2026 · Answered by Disha Roy Choudhury · 1 min read
Disha Roy Choudhury
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Yes, you can take an education loan for your studies abroad, and you can adjust your loan and savings plan later if needed.

Indian banks and financial institutions typically offer education loans that cover tuition, accommodation, travel, and related expenses. Loan terms such as amount, interest rate, and repayment period depend on the lender and your financial profile.

You can also modify your loan or savings plan over time - for example, by refinancing for better rates or changing your repayment schedule if your circumstances change.

For personalized guidance on loan options and planning, please connect with your LeapScholar counsellor.

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