5. Education loan without collateral at EduFund App. Suppose parents or students are unable to meet the set criteria for an education loan without collateral in India. In that case, they can visit the Edufund App and meet with the experts who handle loan applications. Edufund has a dedicated loan page that will answer all your loan-related.. Top 5 Banks that Offers Educational Loan without Collateral. Many banks provide a loan without collateral for education. As per the RBI guidelines, all banks have the credential to provide education loans without collateral up to INR 7.5 lakhs with a few criteria to be met by the applicant. Private and non-banking finance corporations offer.

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Lenders that provide abroad education loan without collateral. The different lenders that can provide you with collateral free education loan for abroad are listed below. Public sector banks - SBI and UBI. Private sector banks - Axis Bank, ICICI Bank, and IDFC FIRST Bank. NBFCs - HDFC Credilla, Avanse, Auxilo, and Incred.. To apply for an education loan without collateral in India, you must meet the following criteria: You must be a resident of India. You should be 18 to 35 years old when applying for the loan. You must have a confirmed admission letter from a recognized university affiliated with UGC/AICTE/Government, etc.