Co-Applicant & No Collateral Loan
Empower your study abroad journey with StudySahara's flexible loan option. No collateral needed—just a co-applicant's support!
What is This Loan?
This education loan is designed for students with a co-applicant (e.g., parent, spouse, or guardian) who can support financially. No collateral or asset pledge is required, with approval based on the co-applicant’s income and credit history.
Key Features
- ✔ No asset pledge required
- ✔ Relies on co-applicant's financial profile
- ✔ Flexible repayment terms
Eligibility
- Admission to a recognized international university
- Co-applicant with a stable income (salaried, self-employed, or fixed income)
- Credit history considered (CIBIL score or alternative factors)
Who It's For
Ideal for students with family support willing to co-apply, especially those avoiding collateral while having a financially strong co-applicant.
Benefits
- ✔ Quick approval
- ✔ Competitive interest rates
- ✔ Moratorium period during studies
Frequently Asked Questions
What is the maximum loan amount? +
The amount varies by lender and profile, covering tuition and living expenses.
What are the interest rates? +
Rates start at 10.25%, varying by lender and eligibility.
Can I prepay the loan? +
Yes, prepayment is allowed without foreclosure charges.