Is a co-applicant required for an education loan to study abroad?

Yes, a co-applicant is generally required for an education loan to study abroad from India. Most banks and financial institutions mandate a co-applicant - usually a parent, guardian, or close relative - because students often lack sufficient income or credit history.

The co-applicant's financial stability and creditworthiness are key factors in loan approval, especially for unsecured loans. In some cases, if the loan amount is high, a separate guarantor may also be needed.

Requirements can vary by lender.