Is it possible to get a student loan for my studies abroad and what are the requirements for that?
Yes, you can get a student loan as an Indian student to fund your studies abroad.
Most Indian banks and financial institutions offer education loans that cover tuition, living expenses, travel, and other related costs for recognized foreign universities. Typical requirements include:
- Admission letter from a recognized foreign university
- Academic records (10th, 12th, graduation, post-graduation mark sheets)
- Co-applicant (usually a parent/guardian with stable income and good credit)
- ID and address proof (passport, Aadhaar, PAN, utility bills)
- Co-applicant income proof (salary slips, tax returns, bank statements)
- Collateral for higher loan amounts (above ₹7.5 lakh, subject to change)
- Standardized test scores (like IELTS) if required by the university
Interest rates and repayment terms vary by lender and are subject to change.
Will you qualify for an education loan?
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