Tata Capital > Blog > Loan for Education > Education Loan Available for Which Courses in India?
31 October 2026
4 mins read
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India is a hub of education. The sheer number of students (from India and abroad) seeking admission into the numerous universities and educational institutes (private and government) is astounding at undergraduate, postgraduate and doctoral levels.
With multi-year completion times, higher education can get expensive. This is especially true for high-demand professional courses like an MBA. Paying for a two, three or four-year degree out-of-pocket often becomes difficult. Several banks and financial institutions provide education loans to eligible students to help them complete their education without undue financial strain.
If you’re a parent considering financing your child’s education via an education loan or a student, you must first ensure whether the opted lies on the list of courses eligible for education loans. Confused where to get started? Worry not. This article covers the nitty-gritty of courses eligible for education loans in India.
To avail of education finance, you must be well informed about student loan approved courses, loan amount, loan process, interest rates, security, services, processing fees, documentation, and few other details.
To answer the question education loan available for which courses, here’s a list of eligible courses for education loan:
| Type of Course | Name of course |
| Undergraduate degree and diploma | BA, BCom, BE, BEd, BSc, BBA, MBBS, B Tech, LLB. and others |
| Postgraduate degree or diploma | MA, M Com, MSc, M Res, LLM, MFA, M Ed, M Phil, MBA, MD, and others |
| Doctoral courses | PhD |
| Certificate courses | In Computers, Nursing, Teaching, job-oriented course, etc. |
| Diploma | In Engineering, Agriculture, Veterinary courses, any job-oriented course, etc. |
| Degree/Diploma | In Army, Navy or Air-Force training courses, Aeronautics or any other relevant Pilot Training courses |
| Miscellaneous | Other courses run by the State Skill Mission or National Skill Development Corporation |
Nowadays, owing to the increased popularity of short-term courses for soft skills, animation, English learning, catering, spoken English, data science, Artificial Intelligence (AI), digital marketing, event management etc., are also eligible for loans. However, it is advisable to check with the lender if they offer an education loan for short term courses.
Besides providing you with affordable access to top-class education in premier institutes, education loans in India offer tons of perks. With Tata Capital, you can comfortably borrow a higher loan amount along with swift and hassle-free loan sanctions at minimal fast-track documentation. Further advantages include:
General eligibility criteria for obtaining an education loan in India include:
From the education loan course list and the eligibility criteria above you can see that a wide range of educational courses in India is applicable for education loans to assist meritorious and deserving students in pursuing a rewarding academic career. With a sound educational footing, you can carve a path for yourself and find lucrative job opportunities in whichever field you deem fit. Before taking an education loan to study almost any course from an accredited institution, compare lenders to see if they’ll finance your chosen programme.
This brings us to the end of courses eligible for education loans. An education loan can help you complete your education at the university or institute of your choice without straining your finances. Moreover, such personal loans could be used to pursue full-time or part-time courses in management, engineering, architecture, medicine, law, culinary, aviation, arts, media studies, mass communication, marketing, design, hotel management, etc.Enrolled in one of the education loan eligibility courses and looking to finance your educational aspirations? Turn to Tata Capital for flexible and customisable education finance solutions to achieve your academic degrees without compromising your goals. Enjoy competitive personal loan interest rates and comfortably pursue eligible courses and degrees which would otherwise be heavy on your pocket.
The minimum salary for education loan for education loan eligibility courses depends upon the choice of lender.
Yes, you can buy a laptop with student loans for education loan eligibility courses depending upon the lender.
Yes, some lenders offer loans on study certificates. These are usually known as marksheet loans or study certificate loans.
Yes, some lenders provide 1 crore education loan for courses eligible for education loan.The loan can be secured or unsecured depending upon the bank.
Education loan eligibility courses is diverse. Education loans can be used for a wide range of courses including undergraduate, postgraduate degrees, professional, executive and vocational programmes from recognised institutions in India or abroad.
Some lenders may finance skill development or certificate courses if they lead to recognised qualifications or career advancement, but eligibility depends on the loan policy and institution recognition.
Yes, you can get an education loan for abroad studies to cover tuition fees and related expenses for overseas programmes.
If you’re wondering education loan is available for which courses, know that only courses from recognised and accredited institutes (public or private) generally qualify for education loans; unrecognised programmes may not be eligible.
You must be an Indian citizen, usually aged between about 18–35 years, have secured admission to a recognised course, and often have a co-applicant with sufficient financial capacity.
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