Loan Types

Choose the Right Education Loan for Your Profile

Compare Non-Cosigner Loan (without guarantee), non-collateral, and collateral options — then explore detailed eligibility, benefits, and document checklists below.

Non-Cosigner Loan (without guarantee)

Fund your studies without a cosigner or financial guarantor — no repayment during school for eligible profiles.

Non Collateral Loan

Unsecured education loans up to ₹1.5 Cr — no property pledge required.

Collateral Loan

Secured loans up to ₹2 Cr with the lowest interest from top banks.

Types of Education Loans Explained

A clear breakdown of each loan type — structured like leading education-finance platforms, tailored for Lakshya International Edwise students.

Independent funding

Non-Cosigner Loan (without guarantee)

Study Abroad Without a Cosigner or Financial Guarantor

At Lakshya International Edwise, we help students access Non-Cosigner Loan (without guarantee) options through trusted international and Indian lenders such as MPOWER, Prodigy Finance, Avanse Global, and selected partners.

With this option, students can pursue their dream education without requiring a parent, guardian, or relative to co-sign the loan. Your future is evaluated based on your education, career prospects, university, and course — not only your family's financial profile.

This is ideal for ambitious students with strong academic potential and admission to reputed universities who may not have a financially eligible co-applicant.

100% independent loan — no parent or relative needs to guarantee
Selected top universities with strong employment outcomes
Covers tuition, living, insurance, books, and travel

Key advantages of Non-Cosigner Loan (without guarantee)

No parent, guardian, or relative needs to co-sign the loan
Available for selected universities with strong global rankings
Wide course acceptance including STEM, Business, Management, Engineering, CS, Healthcare, Data Science, AI, and more
Eligible destinations include USA, UK, Germany, Australia, France, and other leading study countries
Competitive interest rates through trusted lending partners
Covers major education expenses — tuition, living, accommodation, insurance, books, and travel
Higher eligibility based on academic profile, university, and future earning potential
Faster profile evaluation, lender matching, and decision support
End-to-end assistance from documentation to disbursement

Non-Cosigner Loan (without guarantee) — Document Checklist

Prepare these documents only for a Non-Cosigner Loan (without guarantee). This checklist is specific to this loan type and is not shared with other products.

Student documentsShow less

Passport and visa / admission offer letter
10th, 12th, and graduation mark sheets
Degree / provisional certificate
Entrance / language scores (IELTS, TOEFL, GRE, GMAT as applicable)
University fee structure and cost of attendance
Resume / CV and Statement of Purpose (if requested)

Identity & KYCRead more

Profile strengthenersRead more

Profile-first evaluation instead of family income alone
Lender matching across international and Indian partners
Transparent guidance from assessment to disbursement

No cosigner. No financial dependency. Just your dream — and our expertise.

No property pledge

Non Collateral Loan

Study abroad without pledging property

A Non-Collateral Education Loan is designed for students who do not have an eligible property to offer as security but still want to pursue higher education abroad.

While a financially eligible co-applicant is required, no collateral or property security is needed — making it an excellent option for families who meet income eligibility criteria.

At Lakshya International Edwise, we partner with 15+ nationalized banks, private banks, and NBFCs to help students secure suitable non-collateral loans with faster approvals and transparent guidance.

No property or asset mortgage required
Financial co-applicant with eligible income needed
Complete cost of education coverage where lender policy allows

Key advantages of Non Collateral Loan

Obtain an education loan without mortgaging residential or commercial property
A co-applicant with an eligible income profile supports the application
Covers tuition, living, accommodation, travel, books, insurance, and visa-related costs
Compare multiple lenders — nationalized banks, private banks, and NBFCs — on one platform
Competitive interest rates and flexible repayment options based on lender policy
Quick, transparent processing with dedicated relationship support
Absolutely no hidden Lakshya service charges for students

Non Collateral Loan — Document Checklist

Prepare these documents only for a Non Collateral Loan. This checklist is specific to this loan type and is not shared with other products.

Student academic & KYCShow less

Passport, Aadhaar, and PAN
10th, 12th, and graduation mark sheets / degree
Admission / offer letter and fee structure
Language / entrance test scores
Passport-size photographs

Co-applicant KYCRead more

Co-applicant income proofRead more

Partnerships with 15+ banks and NBFCs
Expert guidance to improve approval chances
Complete assistance from application to disbursement

No property security. Trusted financial support. Endless global opportunities.

Secured funding

Collateral Loan

Higher funding with the best interest rates

For students planning higher education abroad, a Collateral Education Loan is one of the most reliable and cost-effective financing options.

By pledging an eligible property or approved security, students can access higher loan amounts, lower interest rates, and comprehensive funding for overseas education.

At Lakshya International Edwise, we have partnered with 15+ leading financial institutions — including nationalized banks, private banks, and NBFCs — to help students secure the most suitable secured education loan.

Lower interest rates starting from about 8.25%
Higher loan eligibility for complete cost of education
Flexible repayment with attractive moratorium benefits

Key advantages of Collateral Loan

Competitive education loan interest rates in the market
Higher loan eligibility depending on profile and lender policy
Comprehensive coverage — tuition, living, accommodation, travel, books, insurance, and visa-related costs
Student-friendly repayment structures with moratorium benefits
Lower processing costs and better overall loan terms versus many alternatives
Suitable for recognized universities across USA, UK, Canada, Germany, Australia, France, Ireland, and more
End-to-end support for property evaluation, legal verification, sanction, and disbursement

Collateral Loan — Document Checklist

Prepare these documents only for a Collateral Loan. This checklist is specific to this loan type and is not shared with other products.

Student & co-applicant basicsShow less

Student KYC, academic documents, and offer letter
Co-applicant KYC and income documents
Fee structure and cost of attendance
Bank statements as required by the lender

Property collateral documentsRead more

Other accepted securities (lender-dependent)Read more

Partnerships with 15+ nationalized banks, private banks & NBFCs
Expert comparison across lenders for the best offer
Transparent guidance with dedicated relationship support

Higher loan amounts. Lower interest rates. Complete financial support — powered by Lakshya International Edwise.

Loan schemes & lenders

Study Abroad Education Loan Interest Rates & Partners

Compare ROI, max loan amount, approval speed, and collateral requirements across 15+ banks, NBFCs, and international lenders.

Lender comparison

Compare popular lenders side by side

Explore ROI, loan amount, approval speed, and collateral needs across government banks, private banks, NBFCs, and international partners — then check your best match with Lakshya.

Full partner directory

Education loan lender comparison for studying abroad
Lender	ROI	Max loan	Approval	Collateral
SBIGovernment Banks	From 8.05%	Up to ₹1.5 Cr	7-10 days	Collateral mandatory
Bank of BarodaGovernment Banks	From 8.15%	Up to ₹1.5 Cr	7-10 days	Collateral mandatory
Union BankGovernment Banks	From 8.3%	Up to ₹1.5 Cr	7-12 days	Not mandatory
PNBGovernment Banks	From 8.4%	Up to ₹1.5 Cr	7-12 days	Collateral mandatory
Axis BankPrivate Banks	From 9.5%	Cost of education	3-5 days	Not mandatory
ICICI BankPrivate Banks	From 9.75%	Cost of education	3-5 days	Not mandatory
IDFC FirstPrivate Banks	From 9.9%	Cost of education	3-5 days	Not mandatory
YES BankPrivate Banks	From 10%	Cost of education	3-6 days	Not mandatory
CredilaNBFC Partners	From 10.25%	Up to ₹2 Cr	73 hours	Not mandatory
AvanseNBFC Partners	From 10.5%	Up to ₹2 Cr	73 hours	Not mandatory
AuxiloNBFC Partners	From 10.75%	Up to ₹1.5 Cr	3-5 days	Not mandatory
InCredNBFC Partners	From 11%	Up to ₹1 Cr	3-5 days	No collateral
Tata CapitalNBFC Partners	From 10.99%	Up to ₹75 L	3-6 days	No collateral
Prodigy FinanceInternational Lenders	From 9.5%	Up to full cost	5-8 days	No collateral
MPOWERInternational Lenders	From 9.99%	Up to $100K	5-8 days	No collateral
Avanse GlobalInternational Lenders	From 10.5%	Up to $85K	5-8 days	No collateral

Rates and limits are indicative and vary by profile, university, co-applicant income, and lender policy. Lakshya charges zero service fee to students.

Highlights

What You Get

Non-collateral & Non-Cosigner Loan (without guarantee) options
Up to ₹2 Cr, 100% cost coverage
ROI starting from 8.25%

Education Loan

Choose the Right Education Loan for Your Profile

Non-Cosigner Loan (without guarantee)

Non Collateral Loan

Collateral Loan

Types of Education Loans Explained

Study Abroad Without a Cosigner or Financial Guarantor

Key advantages of Non-Cosigner Loan (without guarantee)

Non-Cosigner Loan (without guarantee) — Document Checklist

Study abroad without pledging property

Key advantages of Non Collateral Loan

Non Collateral Loan — Document Checklist

Higher funding with the best interest rates

Key advantages of Collateral Loan

Collateral Loan — Document Checklist

Study Abroad Education Loan Interest Rates & Partners

Compare popular lenders side by side

What You Get

Ready to Fund Your Education Abroad?