Empower Your Journey with Simple Student Loans for Germany
Why Choose Germany for Higher Education?
Prestigious universities that foster cutting-edge research.
Affordable tuition fees for global learners.
Extensive post-study work options boost career prospects.
Innovative teaching methods empower students.
Vibrant student communities enrich cultural exchange.
Explore Education Loan Options for Germany
Bank Name
Loan Amount
Interest Rate
Processing Time
Processing Fee
Upto 1.5Cr
10.25% - 12.5%
Secured: Up to 3 weeks Unsecured: Up to 1 week
0.75% - 1.25%
Upto 1.5Cr
10.5% - 13%
Secured: Upto 3 weeks Unsecured: Upto 1 week
0.75% - 1.25%
Upto 85L
11% - 12.75%
Upto 1 week
0.75% - 1.25%
Upto 1Cr
11.25% - 12.75%
Secured: Up to 3 weeks Unsecured: Up to 1 week
0.75% - 1.25%
Upto 75L
11% - 12.75%
Secured: Up to 3 weeks Unsecured: Up to 1 week
0.85% - 1%
Upto 1Cr
10.75% - 12.5%
Secured: Up to 3 weeks Unsecured: Up to 1 week
0.75% - 1%
Upto 3Cr
9.25% - 12.5%
Secured: Up to 3 weeks Unsecured: Up to 1 week
0.75% - 1%
Upto 1Cr
9.5% - 12.5%
Secured: Up to 3 weeks Unsecured: Up to 1 week
0.75% - 1%
Upto 75L
11.25% - 12.5%
Secured: Up to 3 weeks Unsecured: Up to 1 week
0.75% - 1%
Upto 1.5Cr
9.25% - 12.5%
Secured: Up to 3 weeks Unsecured: Up to 1 week
0.75% - 1%
Upto 1.5Cr
8.25% - 11%
Secured: Up to 3 weeks Unsecured: Up to 2 weeks
Secured: Rs. 20,000 Unsecured: Rs. 10,000
Upto $220k
8.47% - 13.5%
Automated process
500 USD + 4%
Upto $100k
9.5% & 9.99%
Up to 1 week
1% + 2%
Upto $100k
10.5% - 12.75%
Up to 1 week
200 USD + 2%
Upto $100k
9.99% - 14.99%
Automated process
6.50%
Education Loan Eligibility Criteria For Studying in Germany
Must be an Indian citizen between 18 and 35 years of age.
Hold a confirmed admission offer from a recognized German university.
Maintain a strong academic record meeting university requirements.
Provide valid identification documents along with academic transcripts.
Have a reliable co-signer with a stable income.
Germany Education Loan: Documents Required
- University Admission Letter
- Academic Transcripts
- Academic Certificates
- Valid ID and Address Proof
- Co-signer’s Income Proof
Education Loan Repayment Terms and Other Considerations
Interest Rates
Student loans for Germany typically have interest rates between 8% to 10%.
Moratorium Periods
Loan repayment begins after course completion plus a 12-month grace period.
Tax Benefits
Germany education loan repayments are tax deductible under Section 80E of the IT Act.
Stories From Those Who Got Affordable Study Loans For International Students in Germany
200,000+
students assisted
₹16,300 crore
loan requests processed
₹2,000 crore
disbursed in loans
Discover your exclusive Germany education loan offers with GradRight
Frequently Asked Questions
Can I get a loan as a student in Germany?
Yes, you can get an education loan for Germany in India if you meet the basic requirements. GradRight makes it easy by connecting you with over 15 trusted lenders to find a loan that fits your needs.
How much is a student loan for Germany?
The size of your student loan for Germany depends on your university, the program you choose, and your personal expenses. Typically, loans range from 10 lakhs to 1.5 crores. For smaller amounts, you can get an education loan for Germany without collateral. For bigger loans, you may need to provide something like property as security.
Can I get a 40 lakhs education loan for study abroad?
Yes, you can get a 40 lakhs education loan to study in Germany if you qualify. It’s a good idea to look at the eligibility rules for Indian students before you apply.
How much loan should I take to study in Germany?
The loan amount you need depends on your tuition fees, living costs, and personal expenses. On average, students find that about 10 lakhs per year covers their needs in Germany.
Which bank is best for education loans for Germany?
There’s no one “best” bank for education loans in Germany since each has different options. GradRight works with many top lenders to help you find the loan that’s most affordable and right for you.
How do you apply for a student loan in Germany for international students?
To get a student loan in Germany for international students, first shortlist lenders offering loans for international students in Germany. Then gather your admission letter, proof of finances, passport, and academic records. Complete their online form and upload documents to secure your education loan for Germany.
What interest rates can you expect on an education loan in Germany?
Interest on an education loan in Germany typically ranges from 8% to 12% p.a. Your rate may vary based on your co-applicant’s credit and the lender’s policy. Check offers for study loans for Germany and compare to find the most competitive rate.
What eligibility criteria apply to loans for international students in Germany?
Lenders offering loans for international students in Germany usually require you to be an Indian citizen, aged 18–35, with a confirmed admission. You’ll need a co-applicant with steady income and good credit to qualify for a student loan for international students in Germany.
