Eduvertex provides Education Loan assistance to our students at free of cost.
- Indian public/private banks typically require a co-applicant (parent/guardian). Collateral-
free loans are available up to certain limits (₹7.5L–₹50L). - NBFCs offer higher unsecured loan(no collateral required) amounts (₹75L–₹1.25Cr) with flexible underwriting.
- International lenders like Prodigy Finance and MPOWER Financing provide no-co-signer,
no-collateral loans for eligible postgraduate programs. - US co-signer-based loans are mainly for studies in the USA.
Students Enrolled
Courses
Assistance Support
Visa Success
Lender Comparison Table
| Lender | Collateral Required | Co-applicant / Cosigner | No-Cosigner, No-Collateral Option | Approx. Unsecured Limit (without collateral) | Notes / Country Coverage |
|---|---|---|---|---|---|
| State Bank of India (SBI) | Yes (for large loans) | Yes (Parent/Guardian) | Partial | Up to ₹50L (Premier Institutes) | Strong for UK, Australia, NZ, EU |
| Bank of Baroda | Yes (for large loans) | Yes | Conditional | Up to ₹40L–₹50L | Good for Europe and Australia |
| Bank of India | Yes (above ₹7.5L) | Yes | Limited | Up to ₹7.5L | Covers most destinations |
| Union Bank of India | Yes (for large loans) | Yes | Conditional | Up to ₹40L (premium universities) | Covers UK, Australia, NZ |
| Punjab National Bank | Yes (above ₹7.5L) | Yes | Conditional | Up to ₹7.5L | Covers UK and EU countries |
| ICICI Bank | Optional (Premier Institute based) | Yes | Yes | Up to ₹1 Cr | Covers all major destinations |
| Axis Bank | Yes | Yes | Conditional | Varies | Good digital process |
| HDFC Credila | Optional | Yes | Yes | Up to ₹75L+ | Focused on foreign education loans |
| Avanse | Optional | Yes | Yes | Up to ₹1.25 Cr | Excellent for top-tier institutions |
| InCred | Optional | Yes | Yes | Up to ₹1 Cr | Fast approvals; flexible loans |
| Auxilo | Optional | Yes | Yes | Custom | Flexible; tuition + living coverage |
| Tata Capital | Optional | Yes | Yes | Up to ₹85L unsecured | Covers multiple destinations |
| Poonawalla Fincorp | Optional | Yes | Yes | Up to ₹1 Cr | Competitive rates |
| EdGro | Optional | Case-based | Yes | Custom | Newer lender; tailored funding |
| Prodigy Finance | No | No | Yes | Up to $220K | Covers UK, EU, Australia, NZ |
| MPOWER Financing | No | No | Yes | Up to $100K+ | Covers US, Canada, expanding globally |
| US Cosigner Loans | No | Yes (US Citizen/PR) | No | Varies | For USA-bound students only |
FAQ
Frequently Asked Questions
What type of education loan assistance does Eduvertex Study Abroad Consultants provide?
Eduvertex provides comprehensive financial planning and 100% education loan assistance to help you achieve your global education dreams. We connect students with trusted loan partners and provide expert guidance on how to manage and use your education loan wisely.
Which regions does Eduvertex serve for education loan and study abroad assistance?
We offer tailored study abroad counseling, financial planning, and education loan support primarily for students in Trivandrum, Kollam, and Varkala. Our main office is conveniently located in Maithanam, Varkala, making it highly accessible for students across the region seeking personalized, face-to-face guidance.
Are there any consultancy fees for education loan guidance at Eduvertex?
No, our study abroad consultancy services are completely free of cost. We do not charge anything from our students; our end-to-end support—which includes university selection, 100% education loan guidance, accommodation assistance, and complete visa documentation—is offered at absolutely no cost.
How does the loan assistance and financial planning process work?
Our structured process begins with a free consultation where we evaluate your academic background, career goals, and budget. Once you secure a university offer letter, we help identify eligible scholarships and connect you directly with banking and loan partners to ensure your funding is secured smoothly for your visa application.
Why should I choose Eduvertex for my study abroad financial planning?
Established in 2004, Eduvertex brings over 17 years of proven expertise in the overseas education industry. We have successfully guided thousands of students from Kerala using an ethical, transparent, and student-centric approach that ensures you make informed, stress-free financial decisions.
Not sure which loan option is right for you?
Talk to our team — we’ll help you compare lenders and find the best fit for your study abroad plan, free of cost.