🇦🇺 Electrical & Electronics Engineering · Australia

Education Loan for Masters in Electrical & Electronics Engineering in Australia

How much Indian students borrow for a Masters in Electrical & Electronics Engineering in Australia, which loan route fits and what the EMI looks like.

Typical loan ₹80 lakh
Total ₹88 lakh – ₹1.21 crore
Secured loan advised
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Quick answer

How much education loan do I need for a Masters in Electrical & Electronics Engineering in Australia?

On our 17 universities offering Electrical & Electronics Engineering in Australia, total costs run from ₹88 lakh – ₹1.21 crore. A typical borrower takes about ₹80 lakh — at that size a secured loan gives the lowest rate and highest limit. The EMI at 10.5% over 10 years is about ₹1,07,948 a month.

Ask on WhatsAppUpdated October 2026 · Reviewed by the Visa Edu Loans admissions & finance desk

Loan for Masters in Electrical & Electronics Engineering in Australia

Total cost range: ₹88 lakh – ₹1.21 crore
Typical loan: ₹80 lakh
EMI (10.5%, 10 years): ₹1,07,948 a month
Funds for the visa: Subclass 500 Student visa

Costs

Electrical & Electronics Engineering costs in Australia

Electrical & Electronics Engineering costs in Australia
University	Total in ₹
Griffith	₹88 lakh – ₹1 crore
UOW	₹89 lakh – ₹1 crore
UON	₹89 lakh – ₹1 crore
WSU (Sydney)	₹89 lakh – ₹1.01 crore
Curtin	₹91 lakh – ₹1.03 crore
Swinburne	₹92 lakh – ₹1.04 crore
QUT	₹93 lakh – ₹1.05 crore
UWA	₹93 lakh – ₹1.08 crore
RMIT	₹93 lakh – ₹1.08 crore
Adelaide University	₹96 lakh – ₹1.11 crore

Repayment

EMI on a ₹80 lakh loan

EMI on a ₹80 lakh loan
Rate	7 years	10 years	15 years
9%	₹1,28,713	₹1,01,341	₹81,141
10.5%	₹1,34,885	₹1,07,948	₹88,432
12%	₹1,41,222	₹1,14,777	₹96,013

Lenders

Which lenders fit

Which lenders fit
Lender	Type	Why
SBI	Public sector bank	Low secured rates and very high limits, but slower and collateral-heavy
Bank of Baroda	Public sector bank	Public-bank pricing with a premier list for collateral-free amounts
PNB	Public sector bank	Wide branch network and public-bank rates; margin money applies
Canara Bank	Public sector bank	Strong in South India; public-bank pricing
Union Bank	Public sector bank	Public-bank pricing; large secured limits
Bank of India	Public sector bank	Public-bank pricing for secured loans
HDFC Bank	Private bank	Private-bank speed with secured and unsecured options

FAQs

Frequently asked questions

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Lenders fund up to the full cost of attendance less margin money — commonly ₹64 lakh–₹1.09 crore for this program.

Possible for listed universities with a strong co-applicant, but amounts this large usually need collateral for the best rates.

After the course plus a moratorium (usually 6–12 months); interest may accrue during study.

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Programs

Electrical & Electronics Engineering in Australia

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