Is it possible to get an education loan without collateral?

Yes, you can get an education loan without collateral in India. Many banks and financial institutions offer unsecured education loans based on your academic record, admission to a recognized institution, and your co-applicant’s financial profile.

- Public sector banks: Usually up to ₹7.5 lakh (India), higher limits for studies abroad, subject to change.
- Private banks/NBFCs: Sometimes up to ₹40 lakh (especially for overseas study), but with higher interest rates.

A strong academic background, confirmed admission, and a co-applicant with stable income improve your chances.

If you need help identifying suitable lenders or preparing your application, connect with your LeapScholar counsellor.