Becoming a pilot is a dream career for many young individuals in India. With the ever-growing aviation industry, the demand for skilled commercial pilots is on the rise. However, one of the biggest hurdles aspiring pilots face is the high cost of pilot training. On average, becoming a Commercial Pilot in India can cost anywhere between ₹35 to ₹50 lakhs, depending on the flying school, location, and additional certifications required.
So, how can you make this dream affordable? The good news is that there are several financial support options, including scholarships, bank loans, government schemes, and sponsorship programs.
In this blog, we will explore all the major ways to finance your pilot training in India, breaking down available scholarships, education loans, and other funding options.
Why Is Pilot Training So Expensive in India?
Before diving into finance options, it’s essential to understand where your money goes during pilot training:
- Flight training hours (200 hours required for CPL)
- Simulator training
- Ground school (DGCA exams preparation)
- Medical tests (Class 1 and Class 2)
- License fees
- Visa and living costs (for abroad training)
- Type rating (if required)
1. Pilot Training Scholarships in India
Many organizations and state governments offer scholarships to help deserving candidates with financial constraints pursue a pilot career.
a. Indira Gandhi Institute of Aeronautics Scholarships
Some aviation academies, like IGIA, offer merit-based or need-based scholarships. These are usually awarded after internal screening tests, interviews, or academic performance.
b. DGCA/State Government Scholarships
Some Indian states like Maharashtra, Gujarat, and Kerala offer pilot training scholarships under their welfare schemes, especially for SC/ST/OBC and EWS students. These may cover partial or full training costs if you meet the eligibility criteria.
c. Women-Specific Scholarships
To promote more female participation in aviation, airlines like IndiGo and Air India have run scholarship or sponsorship programs. Other non-profits like Captain Gopi Aviation Foundation also provide financial assistance to girls pursuing CPL.
d. Rajiv Gandhi Foundation Scholarship
Offered to students from economically weaker sections who aim to pursue careers in aviation and aerospace.
e. Merit-Based Scholarships by Flying Schools
Some flying schools in India and abroad offer scholarships to top-performing candidates in entrance tests or assessments. Examples include CAE, Indira Gandhi Institute of Aviation, and IGRUA.
Tip: Always check the flying school’s website or contact their admission office to inquire about ongoing or upcoming scholarship programs.
Read Also – 10 Reasons to Choose the CAE Cadet Pilot Program in India
2. Bank Loans for Pilot Training in India
Educational loans are the most common way to finance pilot training. Most public and private sector banks provide education loans up to ₹50 lakhs for aviation courses in India or abroad.
a. Eligibility Criteria for Education Loans
- Indian nationality
- Admission in a DGCA-approved or reputed flying school
- Academic performance (10+2 with Physics and Maths)
- Co-applicant (usually parent/guardian)
- CIBIL score of applicant/co-applicant
b. Top Banks Offering Pilot Training Loans
| Bank | Loan Amount | Interest Rate (Approx.) | Repayment Tenure |
| SBI Student Loan | Up to ₹50 Lakhs | 9.5% – 11.5% | 10 – 15 years |
| HDFC Bank | Up to ₹45 Lakhs | 10% – 13% | 15 years |
| Bank of Baroda | Up to ₹40 Lakhs | 9.85% – 11.35% | 10 – 15 years |
| Punjab National Bank | Up to ₹50 Lakhs | 9% – 12% | 15 years |
| Axis Bank | Up to ₹50 Lakhs | 10% – 14% | 15 years |
Always compare interest rates, collateral requirements, and processing fees before finalizing your loan.
c. Documents Required
- Admission letter from flying school
- Course cost breakdown
- Class 12th mark sheet
- Identity and address proof
- Income documents of co-applicant
- Collateral documents (if applicable)
3. NBFC & Private Lenders for Pilot Loans
If bank loans are not an option due to credit score or other limitations, you can also approach NBFCs (Non-Banking Financial Companies) and private education loan providers like:
- Avanse
- InCred
- HDFC Credila
- Auxilo
- Leap Finance (for abroad training)
These lenders may offer faster processing and flexible collateral options, but the interest rates are usually higher.
4. Airline Cadet Pilot Programs – A Great Option
One of the most reliable ways to fund your pilot training is through Cadet Pilot Programs run by major airlines. These programs not only help you with training but also offer guaranteed job placement upon successful completion.
Popular Cadet Pilot Programs in India:
- IndiGo Cadet Pilot Program
- Air Asia Cadet Program
- SpiceJet Cadet Program
- CAE Global Academy
- FTOs partnered with airlines
Benefits:
- Structured training from ground school to type rating
- Loans arranged through partner banks or institutions
- Job security after training
- Easier visa and accommodation arrangements for abroad training
Note: These programs are competitive. You must clear multiple rounds including aptitude tests, psychometric evaluation, interviews, and medicals.
5. Self-Funding Options
Some candidates prefer to finance training through personal savings or with the help of family/friends, especially if taking loans isn’t feasible. While this option offers complete flexibility, it also requires strong financial discipline.
If you plan to self-fund:
- Start saving early
- Invest in fixed deposits or mutual funds
- Create a financial plan with milestones (PPL, CPL, Type Rating)
6. How to Choose the Best Financing Option
Here are a few things to keep in mind when selecting how to finance your pilot training:
| Factors | Things to Consider |
| Cost of Training | Total cost including accommodation, visa, licensing |
| Loan Terms | Interest rates, repayment period, moratorium |
| Scholarship Eligibility | State quota, merit, caste-based benefits |
| Job Guarantee | Airline cadet programs provide job security |
| Co-Applicant Status | Income, credit history, collateral availability |
Final Thoughts
Pilot training in India is undoubtedly expensive, but it is not out of reach. With proper planning, financial assistance, scholarships, and bank loans, you can turn your dream of flying into a rewarding career.
The aviation industry is booming, and India is expected to become one of the world’s largest aviation markets in the coming decade. Investing in your aviation education today can set you up for a high-paying and globally respected profession tomorrow.
Top Crew Aviation – Your Partner in the Skies
At Top Crew Aviation, we understand the challenges students face while planning their pilot training. That’s why we offer complete guidance on scholarships, education loans, and cadet programs to help you fly without financial stress. From DGCA exam coaching to CPL training, we’re with you at every step of your aviation journey.
Need help with financing your pilot training?
Get in touch with Top Crew Aviation for expert counseling and financial guidance.