Is it possible to pay tuition fees through an education loan if I have only 2-3 lakhs currently?
24 Aug 2026 · Answered by Smitha Satish S · 1 min read
Yes, you can pay your tuition fees through an education loan even if you currently have only ₹2 - 3 lakhs.
Most Indian banks require you to contribute 10 - 25% margin money (your own funds) for education loans abroad. For a course costing ₹20 lakhs, this means you’d need to provide ₹2 - 5 lakhs, and the bank would cover the rest.
Some private banks and NBFCs offer loans with 0% margin money, covering the full cost, but these may have higher interest rates and stricter eligibility.
Loan terms and margin requirements vary by lender and your profile.
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