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Will I get a loan for my tuition fees and what are the repayment terms in Germany for a Master's?

18 Aug 2026 · Answered by Sweety Shah · 1 min read
Sweety Shah
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Yes, you can apply for an education loan to cover your tuition fees and living expenses for a Master's in Germany, but options are mainly through Indian banks and select international lenders.

- Indian banks: Offer education loans for studying abroad, usually requiring a co-applicant (like a parent) and sometimes collateral for higher amounts. Repayment typically starts after a moratorium period post-graduation, with tenures up to 15 years. Interest rates and terms vary by bank.
- International lenders: Some, like Prodigy Finance, may offer loans for select universities without a co-signer. Repayment terms and eligibility differ by lender.

Make sure your loan covers the German visa proof of funds requirement (about €11,904/year, subject to change).

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