lender_profile // prodigy-finance
Prodigy Finance Education Loan
Prodigy Finance is a international lender on the Path Navigators education-loan panel, funding overseas and domestic study with collateral-free lines.
type
International Lender
secured rate
NA
unsecured rate
10.74% – 13%
max secured
NA
max unsecured
₹95 L
rating
4.4
key_terms
- Collateral-free lending — no property or FD pledge required
- Unsecured band 10.74%–13% for eligible profiles
- Processing fee USD 500 + admin fee up to 4.2%, margin money Nil
- Moratorium: Course + 6 months — repay after the course plus grace period
eligibility
- · Indian citizen (or eligible NRI) with a confirmed or conditional admit
- · No Indian co-applicant or collateral required — approval is course and school based
- · Course must be a recognised full-time programme at an approved institution
- · Applicant age typically 18–35 at the time of sanction
documents
- · Passport and visa/immigration documents
- · Admission letter with programme cost breakdown
- · Academic transcripts and test scores
- · Proof of any income, scholarship or savings
processing fee
USD 500 + admin fee up to 4.2%
margin money
Nil
moratorium
Course + 6 months
sanction time
5–10 working days from complete file
expenses_covered
Tuition and university feesLiving expenses and accommodationAirfare and travelLaptop, books and study materialHealth insurance and exam/visa fees
Co-applicant requirement: Not required. Indicative bands published by the lender; the final offer depends on profile, collateral and co-applicant credit.