What are the options for funding my studies through loan or savings for a Master's?

You can fund your master's studies abroad through a mix of personal savings, education loans, and scholarships.

- Personal savings: Using your own funds avoids debt and interest, but ensure you have enough to cover tuition and living expenses.
- Education loans: Indian banks and NBFCs offer both secured (with collateral) and unsecured (without collateral) loans for international studies. Typical interest rates are 8.5% - 13%/year, with repayment starting 6 - 12 months after graduation. Some international lenders also offer loans based on your academic profile.
- Scholarships: Many universities and external organizations offer scholarships based on merit or need, which can reduce your financial burden.

Loan terms, interest rates, and scholarship availability are subject to change.