Collateral-Free Education Loan Approved University List 2026: SBI vs ICICI vs IDFC First
Updated 31 August 2026
About This Guide
Master list of approved US & Germany universities qualifying for ₹50L to ₹75L non-collateral education loans. SBI Ed-Vantage List A, ICICI Prime Institutes, IDFC First, and Credila risk tiers.
Compare Providers
| Provider | Fees | Interest / monthly cost | Collateral | |
|---|---|---|---|---|
| SBI Global Ed-Vantage (List A) | ₹10,000 + GST | 9.5% floating | Not required | Visit site |
| ICICI Bank Prime Institutes | 1% + GST | 10.25% fixed | Not required | Visit site |
| IDFC FIRST Bank Premier | 1.5% + GST | 10.75% | Not required | Visit site |
Top 30 universities in the US and German public TUs qualify for 100% collateral-free loans without asset security.
Fees and rates change often; confirm them on the provider's website. Some “Visit site” links may be affiliate links: we may earn a commission if you sign up, at no cost to you. It does not change the order or what we show.
Common Questions (FAQs)
Which US universities qualify for 75 Lakhs collateral-free loan?
Northeastern, UTD, ASU, SUNY Buffalo, and UIC fall in Prime List A for ICICI & IDFC non-collateral loans.
Do German public universities qualify for collateral-free loans?
Yes, TUM, RWTH Aachen, TU Berlin, and KIT qualify for SBI & HDFC Credila zero-collateral loan schemes.