Introduction
Engineering remains one of the most sought-after professional courses in India, but quality education comes at a cost. How Much Education Loan Can I Get? Tuition fees, hostel charges, lab fees, books, and living expenses can total anywhere from ₹3 lakh to over ₹20 lakh for a 4-year B.Tech or BE program.
One of the most important questions parents and students ask is: How much education loan can engineering students get in India? This article offers a comprehensive overview of loan limits for engineering students in 2025, based on whether the loan is secured or unsecured, the institution, & the lender type.
Loan Limits Based on Collateral
Without Collateral (Unsecured Loans)
- Public Sector Banks: Up to ₹7.5 lakh
- Private Banks/NBFCs: ₹10 – ₹15 lakh (for top-tier colleges like IITs, NITs, BITS)
Note: Approval depends on the co-applicant’s income and credit score, and the institution’s reputation.
With Collateral (Secured Loans)
Collateral may include residential property, fixed deposits, government bonds, or LIC policies.
Loan Limits by Institution Type
| Institution Type | Typical Loan Limit |
| IITs, NITs, IIITs | ₹10–40 lakh |
| State Government Engineering Colleges | ₹5–15 lakh |
| Private Engineering Colleges (Tier 2/3) | ₹3–10 lakh |
| Overseas Engineering Programs | ₹20 lakh – ₹1.5 crore |
Some banks offer preferential treatment. How such Education Loan Can I Get (with higher limits & lower interest) to students in premier institutes?
Factors That Influence Loan Limits
- Type of course and its duration
- Total fee structure and cost of attendance
- Whether the loan is secured or unsecured
- Bank/NBFC lending policy
- Co-applicant’s income and CIBIL score
- Location – India or Abroad
Tips for Getting Higher Loan Amounts
- Provide collateral security, like a house or land, to increase eligibility.
- Apply through the Vidya Lakshmi Portal for better access to the public bank option.s
- Maintain a strong academic record.
- Ensure your co-applicant has a stable income and good credit history.
Conclusion
In 2025, How Much Education Loan Can I Get engineering students in India can get education loans ranging from ₹3 lakh to ₹1 crore or more, depending on the institution, the type of loan, and the borrower’s financial background. While public banks typically cap unsecured loans at ₹7.5 lakh, students can access higher limits with collateral, especially for well-ranked colleges or overseas studies.
By understanding the loan types and preparing the necessary documents & financial proof, engineering aspirants can confidently secure the funding they need, ensuring that cost doesn’t stand in the way of a promising future.