What is the maximum amount available for an education loan without collateral in New Zealand?

The maximum education loan amount without collateral for New Zealand is typically up to ₹7.5 lakh from Indian banks. In some cases, this can go up to ₹50 lakh for students admitted to top universities, but approval is rare.

However, Immigration New Zealand usually does not accept unsecured (non-collateral) loans for student visas. If you use an unsecured loan, it must be fully disbursed to your account and held for 3-6 months before your visa application; a sanction letter alone is not enough.

For higher loan amounts or smoother visa approval, most students opt for secured loans with collateral.