What is the minimum income required for a co-applicant to get a student loan?

It depends. The minimum income required for a co-applicant on a student loan in India varies by lender, loan amount, and course type.

- Public sector banks usually have lower income requirements than private banks or NBFCs.
- Lenders assess if the co-applicant can comfortably pay the loan EMIs (equated monthly installments) along with their other financial commitments.
- Other factors like the co-applicant’s credit score, existing debts, and the student’s academic profile also affect approval.

Requirements are subject to change and depend on your specific situation.