How to get education loan for studying abroad without collateral?

To get an education loan for studying abroad without collateral, students must typically meet certain criteria set by lenders. These may include a strong academic record, admission to a reputed foreign university, and a promising career path after graduation. Lenders usually offer collateral-free loans for amounts up to a certain limit, often ranging from INR 7.5 lakh to INR 20 lakh, depending on the financial institution. A co-applicant with a stable income and a good credit history is often required. The loan approval process may also take into account the student's ability to repay, assessed through future earning potential and the course's relevance to the job market. Some banks and financial institutions also offer collateral-free loans to students pursuing high-demand courses in certain countries.