Tata Capital Education Loan (Abroad)
Tata Capital, an NBFC established in 2007 and headquartered in Mumbai, offers an education loan for study abroad at a floating rate of 9.5% to 21%, with a processing fee of 2% and a prepayment penalty of 0%. The loan amount goes up to ₹2 crore, with tenures of up to 180 months.
Per the lender's own terms, the loan carries zero foreclosure or part-prepayment charges and is unsecured up to ₹85 lakh, with a co-applicant required for KYC and income proof alongside the borrower's academic documents. Minimum loan amount, minimum tenure, minimum CIBIL score, age, salary, employment type, and RBI registration class are not published for this product.
Documents required
- academic docs
- co-applicant KYC+income proof
As published by Tata Capital. Your branch may ask for more.
Eligibility
Loan terms
- zero foreclosure/part-prepayment
- unsecured up to 85L
Fees & charges
Tax: interest is deductible under Section 80E (no cap, up to 8 years). Foreign lenders (labelled below) are not RBI-regulated — read their terms carefully.
FAQ
They lend without Indian collateral and are useful for some students, but they are NOT RBI-regulated — shown here with a distinct badge. Compare their all-in USD cost against an RBI-registered Indian lender before deciding.
Every row is date-stamped with the day we last checked it, and links to the lender’s published material so you can confirm it yourself. A row we confirmed against the source reads “Verified”; one we could only sight reads “as of”, and is not presented as confirmed. Anything we have not re-checked in 60 days is marked “rate under review” rather than left to look current. We do not claim a fixed re-checking cycle — the date on each row is the honest answer.
No. Viewing rates is not a credit enquiry and has no score impact. A hard enquiry happens only when you formally apply to a lender.