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Is it possible to get an education loan to finance my studies in the UK for around 30 to 40 lakhs?

17 Aug 2026 · Answered by Sweety Shah · 1 min read
Sweety Shah
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Yes, it is possible to get an education loan of ₹30 - 40 lakhs for studies in the UK. Many Indian banks and financial institutions offer education loans for international students, covering tuition, living expenses, and related costs.

- Unsecured loans up to ₹40 lakhs may be available without collateral if you have a strong academic profile and a co-applicant with stable income.
- Secured loans (with collateral) are typically required for higher amounts or if your university is not on the lender’s approved list.
- Interest rates generally range from 8% to 13% per year, and repayment tenures can extend up to 15 years, usually with a moratorium period during your course.

Eligibility depends on having a confirmed UK university offer and a suitable co-applicant. Loan terms and requirements are subject to change.

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