Till what amount can education loans sponsor us?
23 Jun 2026 · Answered by Mahalakshmi K · 1 min read
Education loans for studying abroad can cover up to ₹1.5 crore or more, depending on the lender and your profile. For example:
- SBI Global Ed-Vantage Scheme: up to ₹1.5 crore
- ICICI Bank: up to ₹3 crore
The actual amount you can get depends on your academic record, the course and institution, and your co-applicant’s financial profile. Loans up to ₹7.5 lakh usually don’t require collateral, but higher amounts typically do.
With your strong academic background, you are likely eligible for higher loan amounts, but approval is subject to each lender’s criteria and your co-applicant’s finances.
For personalized guidance, connect with your LeapScholar counsellor.
Cash income, business income or no ITR?
See whether your funds and documents will pass the visa check.
4.7/5 Google
🎓 25K+ admits
Check My Visa FundsRelated topics
More Student visa questions
- By when should my HEP point be completed, should it be this month to avoid delay in UK?
- Can I pursue an MBA abroad after completing a Bachelor of Science degree?
- Does the agency provide end-to-end services including visa, loan guidance, and accommodation?
- Do I need to show living expenses in my bank account for visa purposes, and can I withdraw it after reaching Ireland?
- Is it possible for my son, who is currently in twelfth grade, to study in New Zealand next year for a Diploma?
- Can you explain the difference between Germany and Ireland regarding dependent visas and family stay for a PhD?
- Are golden visas available after education, and what are the eligibility criteria in UAE for a Master's/PhD?
- Can other family members act as financial sponsors if my father’s income is insufficient in Germany?
🎓 Cash or business income, no ITR? Check My Funds