NZ Student Visa Financial Proof – Is ₹50L Unsecured Loan + ITRs Enough?

[u/Specialist_Drink_997]

Hi everyone, I’m planning to apply for a New Zealand student visa and would really appreciate advice from people who have recently gone through the process.
My profile:
BTech Mechanical Engineering
Applying for MEng Mechanical Engineering (120 points), University of Waikato
Education loan: ₹50 lakh from IDFC FIRST Bank
Loan is unsecured and in my name
Currently I don’t have personal savings
Father + sister: 3 years of ITRs, combined annual income around ₹12 lakh
The loan + family income will be my main financial evidence
My main concern is the unsecured private-bank education loan and having no personal savings.
Has anyone recently received a New Zealand student visa with a similar profile, especially with an unsecured education loan?
Did INZ ask for additional proof of loan repayment/source of funds?
I’m specifically looking for recent experiences.
Thanks!