Secure Affordable Undergraduate Education Loans
Instantly compare undergraduate education loan options, confirm eligibility, and lock in low-cost funding for your bachelor’s degree abroad today.
Overview of Undergraduate Loans for Foreign Education
An undergraduate loan for foreign education helps you fund tuition, accommodation, flights, books, and other living expenses while pursuing a full-time bachelor’s degree abroad.
- Covers full bachelor’s courses in the USA, UK, Canada, Germany & more
- Typical funding range: ₹25–₹60 lakhs
- Valid for STEM, business, humanities, and liberal arts streams
- Ideal for students applying just after Class 12
- Includes a moratorium period
- Loans available with or without collateral
Why Undergraduate Loans Matter
Cost of UG degrees abroad is between ₹25–60 lakhs. Education loans for bachelor’s degree abroad make these costs manageable.
Education loans make world-class universities accessible without draining your family’s savings.
Both secured and unsecured education loans for bachelor's degree abroad options available.
Moratorium benefit means repayment starts after your course + 6–12 months.
Most lenders offer 7–15 year tenures with partial interest payment flexibility.
Most lenders offer 7–15 year tenures with partial interest payment flexibility.
Key Features of Undergraduate Loan Options
Compare undergraduate loan features—collateral options, UG student loan interest rates, flexible tenures, moratoriums, and pre-visa disbursement options for UG loans.
Loan Amounts Up to ₹1 Cr
Both collateral and non-collateral options available for UG courses abroad.
Interest Rates from 8%–14%
Rates depend on collateral, co-applicant, and university/course profile.
Flexible Repayment Tenures
Choose 7–15 year repayment plans with grace and EMI flexibility.
Pre-Visa Disbursement Support
Funds can be released before visa for select countries like the USA and UK.
Who Can Apply for a UG Education Loan Abroad
Check UG loan eligibility now—verify age, academics, admission, co-applicant details, and other UG education loan requirements to study abroad today.
You must be at least 18 years old and an Indian citizen to apply.
A minimum of 60% marks in Class 12 required for UG loan eligibility.
Most loans require a co-applicant, usually a parent or guardian with a stable income.
You should have a confirmed or conditional admission offer from a recognised university abroad.
The course must be a full-time undergraduate degree in an approved stream like STEM, business, or humanities
Undergraduate Loan Application Process – Step-by-Step
The undergraduate loan process is simple; apply for UG loan using our UG study loan step-by-step process and get funded.
Research
Find out which lenders match your course, score, and co-applicant.
Loan Type
Pick secured or unsecured loan based on financial background.
Loan Terms
See interest rates, processing time, and total cost of borrowing.
Submit docs
Submit the mandatory requirements as required by the bank/lender.
Disbursal
Receive sanction and pre-visa disbursement from your chosen lender.
Explore All Types of Undergraduate Education Loans for Students Abroad
Understand UG loan types—compare secured vs unsecured UG loan options and other types of education loan for undergrad before deciding.
Collateral
Get higher loan amounts at lower interest rates by pledging assets.
Non-Collateral
No property or asset needed, ideal for eligible co-applicant profiles.
Interest
Understand how UG loan interest is calculated and what influences it.
EMI
Estimate your monthly repayment using our UG loan EMI calculator.
Bank Name
Loan Amount
Interest Rate
Processing Time
Processing Fee
Up to INR 2 Cr
9.95% - 12%
7 days
0.5 - 1 %
Up to INR 2 Cr
9.50% - 13.50%
10 days
0.75 - 1 %
Up to INR 1.5 Cr
10.15 % – 11.15 %
25 days
INR 10,000
Up to INR 1.5 Cr
9.75 % – 13 %
14 days
0.75 %
Up to INR 1.5 Cr
10 % – 13 %
7 days
0.85 – 1 %
Up to INR 1.5 Cr
9.70 % – 11.10 %
25 days
INR 10,000
Up to INR 1.5 Cr
10.50 % – 13 %
7 days
1 %
Up to INR 1.5 Cr
10.75 % – 13 %
7 days
1 %
Up to INR 1 Cr
11.50 % – 13.50 %
5 days
0.75 – 1 %
Compare Interest Rates for UG Loans
Undergraduate loan interest rates usually fall between 8% and 14%. The final rate depends on the lender, whether you provide collateral, your co-applicant’s profile, and the course or university you choose.
Interest rates range from 8% to 14%
Public banks usually offer the lowest rates
Private lenders and NBFCs are faster to approve
Collateral can lower your interest rate
Co-applicant income and university choice matter
For example, ₹20L loan at 8% = ₹24.32L over 10 years
UG education loan comparison can save you lakhs
Use Our EMI Calculator to Plan Your Repayments
Here are your results!
Loan Amortization Schedule (Yearly/Monthly)
Documents Required for Undergraduate Education Loans
Gather these UG loan documents early; organized paperwork speeds approval and avoids delays when applying for your undergraduate study loan.
Academic
Transcripts
Mark sheets
Entrance scores
Admission offer letter
Passport photocopy
Recent photographs
Financial
Co-applicant IT returns
Salary slips
Bank statements
Form 16
Asset proofs copies
Collateral
Registered title deed
Valuation report
Encumbrance certificate
Property tax receipts
Photographs originals
Other
Affidavits
Gap certificate
Bonafide letter
Notarized declarations
Visa copy
PAN card details
Real Stories from Students Who Took UG Education Loans
Read real UG loan reviews—each UG education loan success story shows interest savings, sanction, and smooth overseas university funding journey.
200,000+
students assisted
₹16,300 crore
loan requests processed
25,000 Cr
disbursed in loans
Frequently Asked Questions
Can I apply for an undergraduate loan without collateral?
Yes. Many lenders offer loans without collateral, especially if you have a strong co-applicant and a confirmed admission from a recognised university.
What is the best bank for UG education loans?
It depends on your needs. Public banks usually have lower interest rates. Private lenders and NBFCs work faster and are more flexible, especially for non-collateral loans.
When should I apply for my UG loan?
As soon as you get your admission letter. Starting early gives you time to compare lenders, complete paperwork, and get the loan approved before your visa process.
Can I get 100% coverage?
Yes. Some lenders offer 100% cost coverage, including tuition, living expenses, travel, and insurance, especially if you have a strong co-applicant or admit from a top-ranked university.
