Vietnam is one of Asia's fastest-emerging study destinations, anchored by RMIT Vietnam's globally recognised Australian degree and strong public universities, all at a fraction of Western costs. With total spends often under ₹30 Lakhs, it's a smart, affordable bet. Here's the com…
₹8–20 L
Typical Loan
Free
Counsellor call
From 8.6%*
(if simple interest is paid during the course; 9.6% otherwise)
* From 8.6% with collateral (PNB Udaan standard, if you pay simple interest during the course; 9.6% otherwise) and around 10.5% without collateral. Final rate is set by the lender.
Country Snapshot
Why Vietnam
World-class universities
12+ approved institutions
Strong career outlook
~2,000 Indian students/yr
Loan-ready
All 12+ FundMyCampus banks lend here
Global network
Clear post-study work pathway
The Complete Guide
Vietnam is one of Asia's fastest-emerging study destinations for Indian students, a country combining a booming economy, globally recognised international campuses, and a cost of living that makes Western-quality education remarkably affordable. The headline draw is RMIT University Vietnam, which awards the same Australian-accredited degree as its Melbourne campus at roughly a third of the cost, alongside US-style Fulbright University Vietnam, UK-affiliated British University Vietnam, and strong public universities like Vietnam National University (Hanoi and Ho Chi Minh City) and Hanoi University of Science and Technology.
The economics are compelling: a 2-year Master's typically costs ₹13–28 Lakhs all-in, and even a full international bachelor's stays well below what the same credential would cost in the West. Because most programs fall inside the unsecured loan band, the typical Indian student qualifies for a collateral-free loan from SBI, Bank of Baroda, or an NBFC with just a stable co-applicant. No property pledge required for standard Master's and undergraduate programs.
This guide covers everything: program-wise cost breakdowns, the best lenders for Vietnam by profile, student-visa and financial-proof requirements, top recognised universities including RMIT and the public flagships, sample EMI calculations, and the Indian government schemes you can stack on top. FundMyCampus helps Indian students fund affordable, high-quality education across Southeast Asia. And Vietnam, led by RMIT's Australian degree, consistently ranks among the strongest value destinations we see.
Use these numbers to right-size your loan, under-borrowing forces 18%+ personal loans abroad, over-borrowing wastes interest.
Tuition
Living
Travel
Misc + Books
Average Total Program Cost
₹13–28 L for a 2-year Master's
Typical for Indian Master's students
| Program | Tuition | Living | Travel | Misc | Total |
|---|---|---|---|---|---|
| Master's (1.5–2 yrs) | ₹6–15 L | ₹5–9 L | ₹0.6–1 L | ₹1.5–2.5 L | ₹13–28 L |
| Bachelor's: RMIT / International (3–4 yrs) | ₹18–36 L | ₹12–22 L | ₹1–1.5 L | ₹3–5 L | ₹34–64 L |
| Bachelor's: Public University (4 yrs) | ₹6–14 L | ₹12–20 L | ₹1–1.5 L | ₹2.5–4 L | ₹22–40 L |
| MBBS / Medicine (6 yrs) | ₹25–45 L | ₹20–32 L | ₹2–3 L | ₹4–7 L | ₹51–87 L |
Your Journey
From admit to disbursement, what FundMyCampus handles end-to-end.
Check eligibility
Free 2-min quiz tells you which banks will approve and at what rate.
Submit documents
Upload through our portal. We organise and stress-test before submission.
Sanction in days
Most Vietnam loans approved in 5–14 days. We chase the bank for you.
Disbursement
Bank wires fees directly to your Vietnam institution. You focus on the move.
Vietnam loan rates run about 9.15% to 15% depending on lender type. PSU banks (SBI, Bank of Baroda) are cheapest at 9.15–11.15% but slowest at 15–25 days. Private banks (ICICI, Axis) sit at 10.5–13% with 7–14 day approvals, a strong fit for RMIT Vietnam and mid-size amounts. NBFCs (Avanse, Auxilo, Tata Capital) charge 11.5–15% but approve the widest range of programs, including medicine and Tier-2 universities. On a typical ₹18 L Vietnam loan, choosing a PSU bank over an NBFC can save roughly ₹3–5 Lakhs in interest over a 7–10 year tenure. So start with PSU banks for cost and use NBFCs for speed or program flexibility.
Interest: 9.15% to 10.15%
For Vietnam: up to ₹1.5 Cr
Study abroad, with collateral: 9.65% (9.15% at SBI's select universities) · Study abroad, without collateral: 9.65% at SBI's select universities, up to ₹50 lakh
Lowest-cost option for recognised Vietnamese universities and RMIT Vietnam. Up to ₹50 L unsecured for premier institutes. Collateral above that. 15–25 day processing.
Interest: 9.30% to 11.00%
For Vietnam: up to ₹1.5 Cr
Competitive PSU alternative for Southeast Asia, often faster at Tier-2 city branches. Good for VNU and established public Vietnamese universities.
Interest: 10.50% to 13.00%
For Vietnam: up to ₹50 L unsecured
Fast 7–14 day approval. Best private-bank route for RMIT Vietnam and ₹10–25 L loan amounts. Flexible on international-program admits.
Interest: 11.50% to 14.50%
For Vietnam: up to ₹40 L unsecured
Most flexible NBFC for Vietnam. Funds Tier-2 universities and niche programs banks may decline. Quick turnaround for late admits.
Interest: 11.75% to 15.00%
For Vietnam: up to ₹40 L unsecured
Good for medicine and applicants with weaker co-applicant profiles. Considers expected post-study earnings. Fast digital sanctions.
Interest: 11.50% to 14.75%
For Vietnam: up to ₹35 L unsecured
Digital-first NBFC with quick sanctions for moderate Vietnam loan amounts. Useful backup when bank limits fall short on living costs.
Interest: 8.6% (if you pay simple interest during the course; 9.6% otherwise)
Lowest rate with collateral here
PNB Udaan standard, with collateral. Without collateral: rate on request. Rates confirmed by FundMyCampus with PNB.
Interest rates are each lender's standard range. They depend on your university, collateral and co-applicant, not on the country. What changes by country is how much each lender funds and which universities it approves.
Vietnam is an affordable destination, so most Indian students need loans in the ₹8–20 Lakh range, well within unsecured limits across lenders. For recognised public universities (Vietnam National University Hanoi and Ho Chi Minh City, Hanoi University of Science and Technology) and RMIT Vietnam (which awards an Australian degree), SBI and Bank of Baroda offer collateral-free loans up to ₹50 Lakhs. Private banks like ICICI extend up to ₹50 Lakhs unsecured for approved institutions, and NBFCs (Avanse, Auxilo, Tata Capital) cover ₹35–40 Lakhs unsecured while accepting a wider range of Tier-2 and niche programs. Collateral typically becomes relevant only for the higher-cost cases, 6-year MBBS/medicine programs (₹51–87 L total) or the full 3–4 year RMIT Vietnam bachelor's if living costs push the total above the unsecured cap. For secured loans, banks accept residential property (LTV 75–85%), fixed deposits (LTV up to 90%), and LIC policies. For the typical Vietnam Master's or single-year living window, no collateral is needed. A financially stable co-applicant with documented income is the main driver, and RMIT Vietnam's Australian-accredited degree is well regarded by lenders.
Visa Essentials
What you need to prove for your Vietnam visa
Year 1 fees
Tuition Proof
₹3–6
Living Funds
Mandatory
Loan Letter
3 key items
Requirements
Key Requirements
Vietnam's student visa (commonly the DH category for full-time study) is generally obtained after admission, often with…
A loan sanction letter is widely accepted as proof of funds and is often stronger than a simple bank balance because it…
Many students enter on an initial visa and then convert to a temporary residence card (TRC) tied to their enrolment,…
These are on most lenders' preferred lists, easier approval, higher unsecured limits, lower rates.
| University | Location | Annual Fees | Tier |
|---|---|---|---|
| RMIT University Vietnam | Ho Chi Minh City / Hanoi | ₹8–12 L | Premier (Australian degree) |
| Vietnam National University, Hanoi (VNU) | Hanoi | ₹2–5 L | Premier |
| Vietnam National University, Ho Chi Minh City (VNU-HCM) | Ho Chi Minh City | ₹2–5 L | Premier |
| Hanoi University of Science and Technology (HUST) | Hanoi | ₹2–5 L | Tier 1 |
| Ton Duc Thang University | Ho Chi Minh City | ₹3–6 L | Tier 1 |
| Foreign Trade University (FTU) | Hanoi | ₹2.5–5 L | Tier 1 |
| Fulbright University Vietnam | Ho Chi Minh City | ₹10–16 L | Tier 1 (US-style) |
| Da Nang University of Science and Technology | Da Nang | ₹2–4 L | Tier 2 |
| Hanoi Medical University | Hanoi | ₹4–8 L | Tier 1 (Medicine) |
| University of Economics Ho Chi Minh City (UEH) | Ho Chi Minh City | ₹2.5–5 L | Tier 2 |
| British University Vietnam (BUV) | Hanoi | ₹8–14 L | Tier 1 (UK degree) |
| Can Tho University | Can Tho | ₹2–4 L | Tier 2 |
See lender-wise rates, how much you can borrow, and EMI estimates for popular Vietnam universities.
After Graduation
What awaits Indian graduates post-study
Available
Post-study work
Yes
PR pathway
Strong
Salary growth
~2,000/yr
Indian community
Highlights
Vietnam does not offer a generous automatic post-study work visa, so most Indian graduates either secure a job offer…
For most Indian students, the bigger value is the affordability-to-credential ratio.
Because loan amounts are modest (₹8–20 L typically), repayment is comfortable even on Indian or regional salaries.
Typical EMI for a Vietnam loan, 10-year repayment tenure after moratorium.
₹10 L · 10% · 7 yrs
~₹16,600
Monthly EMI
₹15 L · 10.5% · 7 yrs
~₹25,300
Monthly EMI
₹20 L · 11% · 10 yrs
~₹27,600
Monthly EMI
₹12 L · 9.5% · 7 yrs
~₹19,600
Monthly EMI
₹25 L · 11% · 10 yrs
~₹34,400
Monthly EMI
₹8 L · 10% · 5 yrs
~₹17,000
Monthly EMI
Indian government support applies to Vietnam study like other overseas destinations: (1) Section 80E tax deduction. Interest paid on an education loan from any RBI-registered bank or NBFC is fully deductible from taxable income for up to 8 years, a meaningful saving for the co-applicant. (2) Padho Pardesh-style interest-subsidy schemes for minority community students (income cap around ₹6 L/year) for postgraduate study abroad, confirm the currently notified version. (3) Dr. Ambedkar Central Sector Scheme, interest subsidy for SC/ST and OBC students pursuing postgraduate studies abroad, with family income limits around ₹8 L. (4) Several state governments (Tamil Nadu, Maharashtra, Kerala, Telangana, Andhra Pradesh) run overseas-education interest-subsidy or scholarship schemes that can apply to Vietnamese universities for domiciled students. Because Vietnam loans are small, the Section 80E deduction alone often offsets a large share of total interest. Always confirm current eligibility with your loan counsellor, as caps and rules change yearly. Note: the Section 80E deduction is available only under the old tax regime.
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Common questions Indian students ask about studying in Vietnam on loan
