Is it possible to get a 100% education loan for studying in the UK or Australia, and what are the restrictions?

Yes, you can get a 100% education loan for studying in the UK or Australia, but approval depends on your financial profile, the lender’s policies, and the university you choose.

- Indian banks and financial institutions can cover tuition and living expenses for both countries, but government loans in the UK and Australia are only for citizens and residents, not international students.
- Collateral is usually required for higher loan amounts (typically above ₹7 - 10 lakh), though some lenders offer unsecured loans for smaller sums.
- Co-applicant with a stable income is often necessary.
- Recognized university and course are required; lenders may have approved lists.
- Documentation includes admission letter, fee structure, academic records, income proofs, and collateral details.

Loan interest rates, terms, and required proof of funds for visas are subject to change.