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Loan Guides August 10, 2026 9 min read
Complete Guide to Non-Collateral Study Loans up to ₹75 Lakhs
Learn how to secure unsecured education loans for US, UK, Canada & Australia with zero property pledged.
# Complete Guide to Non-Collateral Study Loans up to ₹75 Lakhs
Financing higher education abroad has evolved significantly. Today, international students can secure unsecured loans up to ₹75 Lakhs without offering land, house, or fixed deposit collateral.
## What is a Non-Collateral Loan?
An unsecured or non-collateral loan is sanctioned based on the student's academic merit, GRE/GMAT scores, target university ranking, and future earning potential, along with the co-applicant's income profile.
## Key Lenders & Maximum Limits
1. **HDFC Credila**: Up to ₹75 Lakhs for STEM & Top 300 Global Universities.
2. **Avanse Financial Services**: Up to ₹60 Lakhs for STEM/Management degrees.
3. **InCred Finance**: Up to ₹50 Lakhs with instant digital sanction letter.
4. **Union Bank of India & ICICI Bank**: Up to ₹1.5 Crore with competitive interest rates.
5. **Axis Bank, Tata Capital & Auxilo Finance**: Up to ₹75 Lakhs non-collateral loan options.
## Documents Checklist
- Student's 10th, 12th, and Degree Marksheets
- Admit letter from university (or proof of application submission)
- Co-applicant's IT Returns (last 2 years) & salary slips (last 3 months)
- KYC Documents (Aadhaar Card, PAN Card, Passport copy)