Loan Guide
How to Get an Education Loan Without Collateral in 2025
Written by BrightEduAid Editorial Team
•
Published on Jun 02, 2026
Securing a collateral-free education loan requires understanding lender criteria. Leading NBFCs like HDFC Credila, Avanse, and Auxilo offer loans up to 75 Lakhs for STEM and Management programs.
Key Requirements:
- Strong academic record (60%+ in Bachelors)
- Admission to recognized university
- Co-applicant with CIBIL 700+ and stable income
Top Lenders:
1. HDFC Credila: Up to 75L, 10.25-12.50%, 48hr approval
2. Avanse: Up to 75L, 10.50-13.00%, fastest processing
3. SBI: Up to 7.5L without collateral, 8.55-9.80%
BrightEduAid helps you compare 15+ lenders and get pre-approved.
Key Requirements:
- Strong academic record (60%+ in Bachelors)
- Admission to recognized university
- Co-applicant with CIBIL 700+ and stable income
Top Lenders:
1. HDFC Credila: Up to 75L, 10.25-12.50%, 48hr approval
2. Avanse: Up to 75L, 10.50-13.00%, fastest processing
3. SBI: Up to 7.5L without collateral, 8.55-9.80%
BrightEduAid helps you compare 15+ lenders and get pre-approved.
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