What is the mode of loan you are suggesting for education?
A non-collateral (unsecured) education loan is recommended for your profile.
This type of loan does not require you to pledge any assets, offers faster processing (typically 3 - 10 days), and is suitable for covering study expenses in Europe. Loan amounts usually range up to ₹40 - 75 lakh, depending on the lender and your co-applicant’s profile. Interest rates are generally higher than collateral-based loans, around 10.5% - 14% per annum (subject to change).
If you need help choosing a lender or understanding the process, your LeapScholar counsellor can guide you through the next steps.
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