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Study in Australia
Education loan rates for Australia
Secured and unsecured loan options from our lending partners for Indian students heading to Australia. Verified rates as of 2025–26.
10+Lending Partners
8.95%Secured from
10.85%Unsecured from
With Collateral
Secured loans for Australia
These loans require property or FD as collateral but offer the lowest interest rates. Margin money is the portion of the cost you must pay yourself.
| Lender | Max Loan Amount | Rate of Interest | Margin Money |
|---|---|---|---|
| SBI | Up to ₹1.5 Cr | 9.65% (girls) / 10.15% (boys) | 10% |
| Union Bank of India | Up to ₹1.5 Cr | 10.5% - 10.85% | 10% (listed) / 15% (non-listed) |
| Bank of Baroda | Up to ₹1.5 Cr | 9.15% - 10.15% | 10% |
| Punjab National Bank | Up to ₹1.5 Cr | 8.95% - 9.85% | 15% |
Without Collateral
Unsecured loans for Australia
No property needed — approval is based on your academic profile and co-applicant income. Faster processing but slightly higher rates.
| Lender | Max Loan Amount | Rate of Interest | Margin Money |
|---|---|---|---|
| Axis Bank | Up to ₹50 Lakh | 11% - 13.50% | 5% |
| ICICI Bank | Up to ₹50 Lakh | 10.85% - 12.50% | 0 - 15% |
| IDFC First Bank | Up to ₹35 Lakh | 11.75% - 13.25% | Nil |
| Credila | Up to ₹20 Lakh (STEM only) | 12% - 13% | Nil |
| Avanse | Up to ₹20 Lakh (STEM only) | 12.75% - 13.25% | Nil |
| Prodigy Finance | Up to USD 1,00,000 | 12% - 14% | Nil |
Rates shown are indicative as of 2025–26 and subject to change. Actual rate depends on your profile, university, and lender assessment. Confirm with the lender or our counsellors before applying.
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