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- +91 6300548051
Tell us about your course, admission stage and funding need. A Fund Abroad advisor uses it to check which banks and NBFCs fit your profile, before you approach any lender.
An advisor reviews your details and contacts you to talk through suitable lenders, a realistic loan amount and the documents to prepare. The guidance is free for students. Loans are sanctioned only by RBI-regulated partner banks and NBFCs.
Banks and NBFCs look at the same four things, though each weighs them differently. Use the form above to have an advisor check your profile against them.
A recognised university and a course with good job outcomes, often STEM or a ranked programme, widen your lender choice.
Most lenders need a parent or close relative as co-applicant. Their income, existing EMIs and credit score decide how much you can borrow.
Steady marks in school and college, and test scores such as GRE, GMAT or IELTS, show lenders you are likely to finish the course.
Property or a fixed deposit unlocks larger amounts and lower rates. Without it, your profile and university have to carry the file.
Exact rules differ by lender, but these are the common requirements:
Lenders size the loan to your cost of attendance and your co-applicant’s repayment capacity. Published collateral-free limits, checked on 10 Oct 2026:
What each lender publishes about who can borrow. Where a lender does not publish a rule, we say so rather than guess.
Taken from each lender’s official website on 10 Oct 2026. Fund Abroad is not a lender; final eligibility is decided by the bank or NBFC.
| Lender | Minimum age | Co-applicant | Without collateral | Before admission or visa |
|---|---|---|---|---|
| SBI Global Ed-Vantage | Not published | Income and asset proof required | Up to ₹50 lakh at select premier institutions | Disbursement possible before I-20 or visa |
| ICICI Bank | Not published | Parent, sibling, spouse, grandparent, in-law or uncle | Up to ₹1 crore at premier institutes | Pre-admission sanction |
| PNB Udaan | Not published | Parent as joint borrower | Up to ₹7.5 lakh | Not published |
| Union Bank Premier Abroad | Not published | Parent mandatory; credit score 650 or above | Up to ₹40 lakh (premier PG courses) | Not published |
| Credila | 16 or older at disbursement | Required | Offered | Apply before admission; pre-visa sanction letter |
| Avanse | 18 or older | Earning co-borrower in India | Offered | Pre-admission only for STEM master’s in the USA |
| Auxilo | 18 or older | Earning co-borrower in India; more than one allowed | Offered | Pre-admission and pre-visa disbursement |
| InCred | Not published | Parents, generally | Up to ₹1.5 crore | Apply once you have your test score |
| Tata Capital | 18 to 35 (one page says 45) | Parent, sibling, spouse or listed relatives | Up to ₹85 lakh | Pre-admission sanction |
Small changes before you apply can raise the amount you qualify for or lower the rate you are offered.
A co-applicant with steady, provable income and few existing EMIs is the single biggest factor for most lenders.
Clear small dues and pay cards on time for a few months before applying. A low score takes time to repair.
Property or a fixed deposit can unlock a bigger loan at a lower rate. How secured loans work.
Several lenders sanction before admission. Starting early leaves time to fix gaps before your fee and visa deadlines.
Some profiles need a different lender or a few extra documents. Here is what usually changes.
Lenders look at 2 to 3 years of ITRs, a profit and loss account and balance sheet, and business proof instead of salary slips.
Many lenders want a co-applicant with income in India, but some, such as IDFC FIRST Bank, accept NRI co-applicants. Check before you apply.
Lenders check the course meets NMC rules and that you have qualified NEET-UG. MBBS abroad loan rules.
Non-STEM courses are funded too, but lenders may ask for more documents or sanction a smaller amount. Loans for non-STEM courses.
Clear, consistent scans move your file faster than anything else.
What your co-applicant shares depends on how they earn. See the full document checklist.
Answers to what students and parents ask most before applying.
Lenders look at your admission, course and university, your academic record, your co-applicant’s income, existing EMIs and credit score, and whether you offer collateral. Together these decide whether you qualify and how much you can borrow.
It depends on the lender. Avanse and Auxilo publish 18 or older, Tata Capital 18 to 35, and Credila lends to students aged 16 or older at disbursement.
Most Indian lenders need a co-applicant. Some international lenders, such as Prodigy Finance, lend without one for selected universities. See your options without a co-applicant.
Public banks usually lend up to ₹7.5 lakh without collateral. SBI goes up to ₹50 lakh at select premier institutions, and ICICI Bank up to ₹1 crore at premier institutes. NBFCs also offer unsecured loans for strong profiles. Read the full guide.
Many lenders prefer a co-applicant credit score of about 700 or above. Union Bank publishes a minimum of 650 for its premier abroad scheme.
Yes. Several lenders, including ICICI Bank, Credila and Tata Capital, offer pre-admission sanction, so you can know your limit before you commit to a university.
Yes. Some lenders fund only listed countries or approved universities, and STEM and ranked programmes usually get faster approvals and larger unsecured limits.
Some lenders allow it. Auxilo, for example, accepts more than one co-applicant, including co-applicants in different cities, which can raise the amount you qualify for.
It estimates your monthly EMI, total interest and total repayment, including the moratorium and any interest you pay while studying. Open the full EMI calculator guide.
