Prodigy Finance Education Loan for Abroad Studies

Finance Your Education with Prodigy Finance

Get affordable financing from Prodigy Finance Education Loan to achieve your academic dreams without worry.

Overview of Prodigy Finance Education Loans

Prodigy Finance offers the best education loans for students pursuing higher education abroad. Prodigy Finance has funded over 45,000 international students over the past 17+ years.

Advantages of Prodigy Finance Education Loans

Loans are available with and without collateral

Floating interest rates starting from 8.35%

Loans available for every study destination

Collateral-free loans up to $220,000

Loans available for students from 120+ countries

Prodigy Finance Education Loan Features

Flexible & Accessible Loans

• Co-signer student loans start from 8.35% variable interest rate
• Loans available for students from 120+ countries

Loan Structure

• Collateral-free loans up to $220,000
• Full financing covering up to 100% of total education costs
• No hidden fees and transparent terms

Fast & Simple Application

• Quick online application process
• Receive a personalized offer in just 15 minutes
• Loan amounts tailored to candidate's profile

Global Coverage

Prodigy Finance supports master’s programs in:

• United States
• United Kingdom
• Australia
• Canada

Why Choose Prodigy Finance?

• 17+ years of expertise in loan financing
• No collateral required
• Covers tuition, living expenses, and more
• The hassle-free process with instant offers

Eligibility Criteria & Documents Required

Eligibility Criteria for Prodigy Finance Education Loan:
You must be an Indian citizens
You must be at least 18 years old
Loans are available for postgraduate studies at recognized institution abroad
Loans may require collateral, depending on the applicant's profile
A co-applicant (parent/guardian/spouse) with a stable income is mandatory

Documents Required for Prodigy Finance Education Loan

Personal Documents
- Proof of residential address – passport or government-issued ID

Academic Documents
- Admission letter from the university
- Name of the university and course details
- Expected graduation year

Financial Documents
- Budget and cost breakdown
- Last three payslips (if employed)
- Credit report of applicant and co-applicant
- Bank statements

Prodigy Finance Education Loan vs Other Banks

Feature

Interest Rates

Loan Amount

Processing Fees

Collateral Requirement

Pre-Visa Loan Approval

Repayment Flexibility

Loan Coverage

Loan Disbursement Speed

Prepayment Charges

Prodigy Finance

Interest Rates

Loan Amount

Processing Fees

Collateral Requirement

Pre-Visa Loan Approval

Repayment Flexibility

Loan Coverage

Loan Disbursement Speed

Prepayment Charges

Other Banks & NBFCs

Interest Rates

Loan Amount

Processing Fees

Collateral Requirement

Pre-Visa Loan Approval

Repayment Flexibility

Loan Coverage

Loan Disbursement Speed

Prepayment Charges

How to Apply for a Prodigy Finance Education Loan?

Create Your Profile

Explore Loan Options

Browse loan offers from 15+ lenders, including Prodigy Finance Education Loan.

Get Expert Assistance

Our financial experts will guide you through the terms and conditions.

Submit Your Documents

Upload your documents for verification and processing of loan application

Receive Loan Approval

Get approval within 48-72 working hours and start your education journey abroad.

What Our Customers Say

GradRight believes funding your education shouldn’t be complicated. With our assistance, thousands of successful students have traveled abroad for higher education. Here is what they have to say.

2.5 Lakh

Student Served

1,304+ Cr

Savings

25,000+ Cr

Worth Loans

Secure up to 100% funding with quick approvals and flexible repayment options.

Frequently Asked Questions

Can I choose my repayment tenure with a Prodigy Education Loan?

Prodigy Education Loan allows you to stretch out repayment for 20 years. You can pay in small EMIs if you want. You also get a 6-month moratorium period for job search and beginning payment of installments.

Can I get an education loan from Prodigy Finance without any collateral?

Of course, you can receive a loan without collateral. However, Prodigy Finance will check your eligibility and the co-applicant’s profile and only then be able to approve of the loan.

Are there any penalties for early repayment with Prodigy Finance loans?

Early repayment is a loss for the lender, in this case Prodigy Finance. There is a small prepayment fee in such a case that has to be paid by the applicant.

What is the rate of interest charged by Prodigy Finance?

Prodigy Finance offers education loans at different rates of interest. The final interest rate depends on your application profile.

For loans with a co-signer the interest rates start from as low as 8.35%. For loans without any co-signer the interest rate begins from 9.35%. Overall, Prodigy Finance education loans are highly affordable and have attractive terms and conditions.

How are loan funds disbursed by Prodigy Finance?

The application is entirely online. After submitting your application, you’ll receive a provisional offer within a day. After approval within three working days, the funds will be remitted directly to the university.