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Secured vs Unsecured Loans

Understand the difference before you apply, so you choose the loan that actually fits your situation.

Which Loan Type Is Right for You?

Both options can fund your education abroad — the right choice depends on collateral availability, loan amount needed, and how quickly you need approval.

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Secured Education Loan

Requires collateral such as property, fixed deposits, or other assets.

Typical benefits:
• Lower interest rates [TODO: e.g. ~8.5%–11%]
• Higher loan amounts [TODO: e.g. up to ₹1.5 Cr]
• Longer repayment tenure
• Available for most study destinations

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Unsecured Education Loan

No collateral required — approval based on academic profile, co-applicant income & admit quality.

Typical benefits:
• Faster processing & approval
• No asset risk
• Loan amount [TODO: e.g. up to ₹40–60 lakh]
• Interest rates [TODO: e.g. ~11%–14%]

Common Eligibility & Documents

Exact requirements vary by lender — our counsellors will confirm the precise checklist for your chosen bank/NBFC.

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Admission Proof

Confirmed offer/admit letter from your university.

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Co-Applicant

Usually a parent or guardian with proof of income.

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KYC & Academic Records

ID proof, address proof, and academic transcripts.

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Collateral Docs

(Secured loans only) Property papers, FD receipts, etc.

Still Not Sure Which Loan Fits You?

Talk to our loan counsellors — free of cost, no obligation.