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Hi akhil, congratulations. Did u try banks?
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Hi Guys, I am Akhil . I have been selected for HEC Paris Sept 2026. But have issues with getting loan. I am looking out help to point out me to external scholarships or low interest loans. I have tried some banks but asking for 125% collateral which doesn’t fit my financial setup. Got some suggestions but looking for more. Appreciate your help in advance. Thanks.
Try Prodigy Finance
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Hi Guys, I am Akhil . I have been selected for HEC Paris Sept 2026. But have issues with getting loan. I am looking out help to point out me to external scholarships or low interest loans. I have tried some banks but asking for 125% collateral which doesn’t fit my financial setup. Got some suggestions but looking for more. Appreciate your help in advance. Thanks.
Sbi non collateral loans start at 9.8% nominal rate, but does have longer processing time.
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Idfc first
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9.3% for prefered schools schools but HEC isn't on the list
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That’s strange.
Whats strange?
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They are generally for legacy schools and for Stem schools

Select premier institutions for Global Ed-vantage (for Website) (2).pdf
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Prodigy finance n idfc first - try both
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Select premier institutions for Global Ed-vantage (for Website) (2).pdf
8.4% for secured and 9.3% for unsecured
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Btw if you have someone in india as a co applicant your interest rates are as follows , R*(1-0.312) for INR net effective rate then you can subtract inr devaluation of avg 2.5%

0.312 is for the highest tax bracket

Tax+cess

R is nominal rate
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