What is the interest rate on study loans and are there options for collateral and non-collateral loans in Ireland?
18 Aug 2026 · Answered by Syeda Uzma · 1 min read
Yes, you can get both collateral (secured) and non-collateral (unsecured) education loans for studies in Ireland.
- Collateral loans: Lower interest rates, typically 8.4% - 10.5% per annum. You must pledge assets like property or fixed deposits. Higher loan amounts are possible, but approval takes longer due to asset verification.
- Non-collateral loans: Higher interest rates, usually 11% - 14.5% per annum. No asset pledge required. Loan amounts may go up to ₹75 lakh - ₹1.25 crore, and processing is faster (often within 7 - 15 days).
Eligibility and loan terms depend on your financial profile and the lender’s policies, which are subject to change.
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