Prodigy Finance — Education Loan (India-focused notes)

Overview

Prodigy Finance is a fintech lender originally focused on postgraduate international study, using a community/risk model to underwrite international students. For Indian domestic loans the applicability is limited; Prodigy’s strength remains around postgraduate study funding using non-traditional underwriting (future earnings potential). If you’re studying in India, Prodigy is less commonly used — banks and NBFCs above are more relevant.

Who it’s best for

Primarily Indian students seeking postgraduate study abroad; for domestic Indian programs, conventional banks/NBFCs (SBI, ICICI, Axis, Avanse, Credila) are more typical.

Key features

• Credit models built on expected future income rather than family collateral.

• Attractive for students lacking local collateral but with high employability potential post-course.

Pros / Cons

Pros: innovative underwriting, suitable for high-quality international admits.
Cons: less relevant for purely India-based loans.