ForeignAdmits

Trusted by 50,000+ Students Globally

Secure Your Dream Education Abroad

Secure Your Dream Education Abroad with LoanMonk's

with LoanMonk's

LoanMonk matches you with the best abroad education loans—tailored to your degree, nationality, collateral, and co-applicant needs across top study destinations.

Start Your Journey

Education Loan for Studying Abroad Simplified

Age & Nationality

Personalized matching based on your profile

Degree Level

UG, PG, PhD specific loan options

Collateral

Secured & unsecured options available

Global Coverage

USA, UK, Canada, Australia

& more

How does it work

How LoanMonk Works

LoanMonk offers two seamless flows to help you find the perfect education loan for your study abroad journey.

Manual Flow

Fill detailed information including personal info, admission details, academics, financials, and collateral availability.

Enter personal & academic details

Provide financial information

Get tailored lender matches

Interest Rates

8.25% - 14%

Based on collateral and profile

Start Manual Application

AI Co-Pilot

Chat-based data intake with instant matches from 15+ lenders including Prodigy, Mpower, and YES Bank.

Chat with AI assistant

Instant profile analysis

Real-time lender matching

Featured Lenders

15+ Top Banks

Prodigy (up to USD 220,000), Mpower, YES Bank

Try AI Co-Pilot

Best Loan Features & Benefits

Key Features & Benefits

From unsecured loans for merit students to secured options for maximum funding, find the perfect education loan for studying abroad that matches your academic goals and financial capacity.

Collateral-Free Options

UG Students

≤ 21 years

PG Students

21+ years

No collateral required for eligible students pursuing undergraduate and postgraduate programs.

Student Categories

Indian Citizens - Full Bank Access

NRIs - Limited Lenders

Non-Indians - Specialized Options

Prodigy & Mpower available for NRIs/non-Indians with guarantor requirements.

Competitive Rates

Secured Loans

8.35% - 11%

Unsecured Loan

11% - 14%

Rates vary based on collateral, profile, and chosen lender.

Compare Top Lenders

Top Banks for Education Loan Abroad in 2025

Compare maximum loan amounts, interest rates, and collateral requirements across India's leading education loan providers. Find the perfect match for your study abroad financing needs.

Lender

Loan Type

Max Amount

Interest Rates

Collateral?

HDFC Credila

Secured/Unsecured

₹1 Cr

10.25% - 11.5%

Optional

Avanse

Secured/Unsecured

₹1.5 Cr

11% - 12.25%

Optional

Prodigy Finance

Unsecured

US$ 220K

8.35% - 9.99%

MPower Financing

Unsecured

US$ 100K

9.99%+

IDFC First Bank

Secured/Unsecured

₹1 Cr

9% - 11%

Optional

HDFC Credila

Loan Type

Secured/Unsecured

Max Amount

₹1 Cr

Interest Rates

10.25% - 11.5%

Collateral

Optional

Avanse

Loan Type

Secured/Unsecured

Max Amount

₹1.5 Cr

Interest Rates

11% - 12.25%

Collateral

Optional

Prodigy FInance

Loan Type

Unsecured

Max Amount

US$ 220K

Interest Rates

8.35% - 9.99%

Collateral

MPower Financing

Loan Type

Unsecured

Max Amount

US$ 100K

Interest Rates

9.99%+

Collateral

IDFC First bank

Loan Type

Secured/Unsecured

Max Amount

₹1 Cr

Interest Rates

9% - 11%

Collateral

Optional

Eligibility & Requirements

Education Loan Eligibility & Document Checklist

Understand the complete eligibility criteria and document requirements for education loans for studying abroad.

Eligibility

Indian Citizen
Confirmed Admission
Age-based Degree Limits
CIBIL 650+

Documents

Admission Letter
Academic Scores
Income Proof
Collateral Details (if applicable)

Testimonials

Stories from Students Abroad

View all Reviews on Google

The 24/7 support was a lifesaver when I had issues with my university payment. They resolved everything within hours. Excellent service!
Ananya Kumar
Imperial College London, UK
ForeignAdmits saved me thousands on my tuition transfer. The process was so smooth and their team guided me through every step. Highly recommended!
Priya Sharma
University of Toronto, Canada
Best forex rates in the market! I compared with 5 other services and ForeignAdmits was clearly the cheapest. Fast transfer too.
Rahul Patel
University of Melbourne, Australia

FAQ

Got Questions?

We've got Answers

Got Questions?

We've got Answers

How does the zero foreign transaction fee work when I'm abroad?

Can I use this card immediately when I arrive in my study destination?

What happens if I lose my card while traveling in a different country?

How do the food and dining rewards work for international purchases?

What rewards and benefits can I expect as a student?

How quickly can I get approved and start using the card?

How do I track my expenses across different currencies?

Apply for Education Loan Abroad in Minutes

Transform your study abroad dreams into reality with LoanMonk's intelligent loan matching platform. Choose between our comprehensive manual application or lightning-fast AI Co-Pilot for instant results.

Start Your Journey