Up to the full cost of attendance at supported schools
Collateral
Not required
Tenure
Up to 7 to 10 years
Moratorium
Study period plus 6 months grace
Processing fee
Administration fee added to the loan
Prepayment
Prepayment usually allowed without penalty
Lender type
International Lender
Loan products offered by Prodigy Finance Education Loan
A breakdown of the loan structures this partner typically offers, who each one suits, the security expected and how the pricing compares. Your counsellor will confirm which product fits your course, institution and co-applicant profile.
Product 1
No co-signer, no collateral loan
Students admitted to the lender's supported university list.
Typical amount
Up to the cost of attendance, capped per programme
Security expected
None; underwriting is based on the programme and future earnings
Pricing
Fixed or benchmark-linked, quoted in USD/GBP/EUR
No Indian co-applicant or property required
Sanction letter accepted for visa financial proof
Foreign-currency pricing means FX movement affects your cost
Pre-filled with this lender's indicative starting rate. Adjust the amount, course duration and tenure to see the monthly instalment after your moratorium.
₹25 lakh
11.50% p.a.
2 years
6 months
10 years
Indicative starting rate for Prodigy Finance Education Loan. Your sanctioned rate depends on your profile, collateral and the lender's spread.
This calculator is an estimate. It assumes a fixed rate and equal monthly instalments. Actual EMIs depend on your lender's rate reset policy, interest capitalisation method, fees and disbursement schedule.
Frequently asked questions
Rates, fees and terms are subject to lender policies, scheme changes and your applicant profile. ShikshaVahini does not guarantee approval or any specific rate.
Not sure which lender fits your profile?
Share your course, country and collateral position. A ShikshaVahini counsellor will walk you through realistic options.
