International Lender
Mpower Finance Education Loan
MPOWER Financing is a US/Canada-based lender offering loans to international students without a co-signer or collateral. Ideal for students already in or heading to North America.
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Interest Rates & Limits
At a glance
Secured Rate
Not offered
—
Unsecured Rate
9.99 - 13.99 %
Up to ₹ 82,00,000 MAX
Loan Details
What to expect
Collateral Required
Not required — no co-signer needed.
Loan Tenure
10 years.
Moratorium Period
Interest-only during course; full repayment after.
Processing Fee
5% of loan amount (approximate).
Best Suited For
Students at MPOWER's approved US/Canada universities with no Indian guarantor.
Important: Rates and terms shown are indicative based on our lending partnerships as of 2025–26. Actual rate, amount, and eligibility depend on your profile and are subject to lender assessment. Always confirm directly with Mpower Finance or through our counsellors before applying.
Documents Needed
What you'll typically need
- Confirmed admission letter from your university.
- Academic transcripts — 10th, 12th, and graduation.
- GRE / GMAT / IELTS / TOEFL scores (if applicable).
- KYC documents of student and co-applicant (Aadhaar, PAN, Passport).
- Co-applicant income proof — salary slips / ITR / bank statements.
- University fee structure and cost of attendance breakdown.
Country-Wise Rates
Rates by destination country
Rates and limits vary by country. Click a country for full details.
Rates are indicative as of 2025–26. Confirm with the lender before applying.
Ready to apply through Mpower Finance?
We'll check your eligibility, negotiate the rate, and walk you through the paperwork — so you focus on your degree, not the bank.
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