An education loan without collateral, also known as a non-collateral education loan, is obtained without pledging any collateral to the lender. This means that the applicant can obtain a loan with no collateral, such as a house or land. Students can borrow up to 50 lakhs for education. eligibility criteria for an education loan abroad without collateral:

The academic profile of the applicant is used to assess the applicant's "Employability Potential." In 10th, 12th, and degree programmes, a minimum of 60% is required. Furthermore, students with more than three backlogs may be ineligible for an unsecured education loan.
Income and CIBIL score of financial co-applicant Because lenders are not taking any collateral for an unsecured education loan, they can be confident that if a student fails to repay the loan amount, their financial co-applicant will pay on the student's behalf.
An applicant's preferred course of study or degree. Lenders prefer UG and PG STEM courses over courses like public policy or aviation, but never Ph.D., Mbbs, Theology, tailoring, and so on.
The country is also important. When it comes to unsecured loans, most lenders focus on major study abroad destinations such as the United States, United Kingdom, Canada, Australia, Ireland, and Germany, but they are sceptical of less well-known countries such as China, Ukraine, and others.
You'll be attending university. Private banks only approve unsecured loans for universities on their list.
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