Where can I get education loans easily without collateral, considering my current job and financial situation in New Zealand for a Master's?
03 Aug 2026 · Answered by Thaiba Nazreen · 1 min read
Yes, you can get an education loan without collateral, even with your current CTC of ₹0 - 3 LPA, especially for a master's in New Zealand. Approval mainly depends on your academic profile, the university's reputation, and - most importantly - the financial strength and credit history of your co-applicant (usually a parent or close relative).
- Loan limit: Unsecured loans up to ₹7.5 lakh are typical; higher amounts may need a strong co-applicant or additional guarantees.
- Co-applicant: Essential for your profile; their stable income and good credit will boost your chances.
Loan terms, limits, and interest rates are subject to change.
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