Can I still get a loan if my CGPA is low?

Question

Yash Mothia · Accepted Answer

Yes, you can still get a loan to study abroad even if your CGPA is low. Most banks don&rsquo;t rely solely on academic scores when assessing loan eligibility; they also consider other factors like the university&rsquo;s reputation, your course of study, and your co-applicant&rsquo;s financial background. If you&rsquo;ve been accepted into a reputable institution, this often strengthens your application, as banks see it as a lower risk. Additionally, if you can provide collateral, this can improve your chances of loan approval.
Some private banks and NBFCs like HDFC Credila or Avanse might be more flexible with academic requirements. They focus on the overall financial profile and the potential return on investment rather than just CGPA. So even with a lower CGPA, a well-rounded application with proof of admission to a credible program should help you secure a loan.
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