Do I have a query about collateral related to study abroad in UK for a Master's?

Yes, you can get a collateral-backed education loan for your study abroad expenses. Indian banks offer secured loans where you or your family can pledge assets like property, fixed deposits, or insurance policies as collateral.

These loans usually allow higher amounts, lower interest rates, and longer repayment terms. For larger loan amounts, collateral is often required, but smaller loans up to around ₹7.5 lakhs may be available without collateral, typically with a co-applicant.

Given your plan to study a Master's in the UK, you will likely need collateral if you seek a substantial loan.