Is it possible to get a non-collateral loan for studying abroad using commercial land as collateral?
23 Jun 2026 · Answered by Tamanna Jaisingh · 1 min read
No, non-collateral education loans do not require you to pledge assets like commercial land or property. These loans are approved based on your academic profile, the university's reputation, and your future earning potential, not on collateral.
If you wish to use commercial land as collateral, you would need to apply for a secured (collateral-based) education loan instead. For non-collateral loans, lenders will assess your eligibility based on academic and financial criteria.
If you need help finding the best loan option for your profile, please connect with your LeapScholar counsellor.
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