Is the twenty to twenty five lakh budget sponsored by family or will I need an education loan?
22 Jul 2026 · Answered by Saru Sharma · 1 min read
It depends on your family's financial capacity and willingness to sponsor your studies.
- If your family can comfortably provide ₹20 - 25 lakh, you may not need an education loan.
- If this amount exceeds your family's available funds, an education loan is a practical option. Indian banks and financial institutions commonly offer education loans for studying abroad, but approval may require a co-applicant with a strong financial profile and meeting specific eligibility criteria.
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