Get Better Terms With Abroad Education Loan with Collateral
What is an Abroad Education Loan with Collateral?
An education loan with collateral security is backed by assets like property or FDs. The lender holds the collateral until the loan is repaid.
This ensures repayment assurance for lenders and benefits for applicants like:
Lower interest rates compared to unsecured loans
Higher loan amounts are approved based on collateral value
Longer repayment tenure & smaller EMIs for easier financial management
Increased chances of loan approval with strong security
Possibility of getting a loan without a co-applicant
Why Choose a Loan with Collateral for Your Education Abroad?
Higher Loan Amounts
With collateral loans, you can get enough money for tuition, housing, travel, and more.
Lower Interest Rates
Since the lender has security, they charge less interest on collateral loans, saving you money over time.
Easier Repayment
You get more time to pay back the bank loan with collateral with longer and flexible loan terms.
A bank loan with collateral or collateral loan isn’t just funding. It’s a smarter way to invest in your future.
Types of Collateral Accepted for Education Loans
Not sure what counts as collateral?
Here’s what most banks and financial institutions accept as collateral security
- Residential or commercial property
- Land owned by the borrower or co-applicant
- Fixed deposits in the borrower’s or co-applicant’s name
- Life insurance policies assigned to the lender
- Government bonds or securities
- Gold or other valuable assets
Bank Name
Loan Amount
Interest Rate
Processing Time
Processing Fee
Upto INR 2 Crore
9.95% - 12%
7 days
0.5 - 1 %
Upto INR 2 Crore
9.50% - 12.50%
10 days
0.75 - 1 %
Upto USD 200K
10.5% - 14%
7 days
100USD+ 5%
Upto INR 1.5 Crore
10.15% - 11.15%
20 days
INR 10,000
Upto INR 1.5 Crore
9.75% - 13%
14 days
0.75%
Upto INR 1.5 Crore
10% - 13%
7 days
0.85 - 1 %
Upto INR 1.5 Crore
10.50% - 13%
7 days
1%
Upto INR 1.5 Crore
10.50% - 13%
7 days
1%
Upto INR 1.5 Crore
11.5% - 13.5%
5 days
0.75 - 1 %
Upto INR 1.5 Crore
9.95% - 12%
7 days
0.5 - 1 %
Upto INR 1 Crore
9.95% - 12%
7 days
0.5 - 1 %
Upto INR 1 Crore
9.95% - 12%
7 days
0.5 - 1 %
Upto INR 2 Crore
9.95% - 12%
7 days
0.5 - 1 %
Upto USD 200K
9.95% - 12%
7 days
0.5 - 1 %
Upto USD 200K
9.95% - 12%
7 days
0.5 - 1 %
How to Apply for an Abroad Education Loan with Collateral?
Applying for a non collateral education loan is simple. Follow these steps to secure funding for your studies abroad.
Check Eligibility
Ensure you are an Indian citizen, admitted to a recognized university, and have a co-applicant with a stable income.
Choose Collateral
Select a collateral security like property or a fixed deposit in your or your co-applicant’s name with no legal issues
Apply for Loan
Gather documents like admission proof, academic records, ID, and collateral details, then submit on GradRight .
Get Funds
Get 15+ loan offers on your application and choose the most suitable bank loan with collateral that meets your needs.
Eligibility for Education Loan with Collateral Security
Age limit for an education loan for collateral security is typically between 18 and 35 years.
Admission to a recognized university abroad for a degree or diploma is required.
Collateral value must be sufficient to cover the education loan for collateral security.
A co-applicant with a stable income is usually needed for loan approval.
Creditworthiness of the borrower or co-applicant is assessed by the lender.
Real Stories, Real Success
Hear From Students Who Secured Education Loan With Collateral
₹2,000 crore
students assisted
₹16,300 crore
loan requests processed
₹2,000 crore
disbursed in loans
Secure your education loan with collateral today.
Frequently Asked Questions
What’s the difference between education loans with and without collateral?
Loans with collateral require you to pledge an asset. Such loans give you access to bigger amounts and lower interest rates. Without collateral loans are unsecured and come with higher interest.
Which banks offer education loans with collateral for studying abroad?
Top banks like SBI, HDFC, and Axis provide education loans with collateral security. Use GradRight’s loan bidding platform to get the best offers from the top lenders.
Can I get an education loan with collateral without a co-applicant?
Most lenders require a co-applicant for study abroad education loans. However, if your collateral is strong, you get an education loan without a co-applicant
