Education loan rates for Dubai & UAE
Indian lenders including SBI, ICICI, Axis, Credila and more offer education loans for students heading to UAE universities. Verified rates and key details below.
Secured loans for UAE / Dubai
Pledge property or FD as collateral for the lowest interest rates and highest loan amounts. Margin money is the portion you pay yourself.
| Lender | Max Loan Amount | Rate of Interest | Margin Money |
|---|---|---|---|
| SBI | Up to ₹1.5 Cr | 10.65% (girls) / 11.50% (boys) | 10% |
| Union Bank of India | Up to ₹1.5 Cr | 10.50% – 10.85% | 10% (listed) / 15% (non-listed) |
| ICICI Bank | Up to ₹2 Cr | Below 12% (indicative) | Varies |
Unsecured loans for UAE / Dubai
No property needed — approval based on your academic profile and co-applicant income. Faster processing, 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 | 11.50% – 12.25% | Nil |
| Credila | Up to ₹50 Lakh | 11.25% – 13% | Nil |
| Avanse | Up to ₹50 Lakh | 12.50% – 13.50% | Nil |
| Auxilo | Up to ₹40 Lakh | 11.25% – 13% | Nil |
| Incred | Up to ₹40 Lakh | 12.25% – 14% | Nil |
UAE Student Visa
- 1Get your admission letter from a UAE-recognised university or institution.
- 2Apply for a UAE Student Visa through the General Directorate of Residency and Foreigners Affairs (GDRFA) or your university's international office — most universities sponsor the visa directly.
- 3Submit required documents: passport, admission letter, passport-size photos, medical fitness certificate, health insurance.
- 4Pay visa fee (approx AED 500–1,000 depending on duration).
- 5Your university typically handles the Emirates ID registration and residence visa process after arrival.
- 6Health insurance is mandatory — many universities include it in the fee structure.
Where students go in UAE
Average tuition: AED 35,000–75,000/year (approx ₹8–17 lakh). Living costs: AED 2,000–3,500/month (approx ₹45,000–80,000).
UAE — what's different vs other countries
No blocked account required
Unlike Germany, UAE does not require a blocked account for a student visa. A loan sanction letter or bank statement is sufficient financial proof.
University-sponsored visa
Most UAE universities sponsor the student visa directly — the process is simpler than US or UK. Your university's international office handles most of the paperwork.
Lower living costs than UK/US
Dubai has a reputation for being expensive, but student accommodation near university campuses is significantly cheaper than London or New York.
Large Indian community
UAE has one of the largest Indian diaspora communities globally — culturally comfortable, strong professional networks, and good internship opportunities for Indian students.
Planning to study in Dubai or UAE?
Tell us your university and loan amount — we'll match you to the right lender and negotiate the best rate your profile qualifies for.
Check My Eligibility Estimate My EMI