Financing Your Dreams with Flexible Loan Options
Cover tuition, living expenses, and more
Low interest rates and easy repayment
Up to 15 years repayment period
No collateral required for many loans
Interest Rate: 8.65%*
Max Amount: ₹50 lakhs
Government bank, wide network
Interest Rate: 10.50%*
Max Amount: ₹50 lakhs
Fast processing, flexible terms
Interest Rate: 8.25%*
Max Amount: ₹50 lakhs
Competitive rates, easy documentation
Interest Rate: 8.90%*
Max Amount: ₹50 lakhs
Digital process, quick approval
Interest Rate: 8.55%*
Max Amount: ₹50 lakhs
Government bank, reliable service
Interest Rate: 11.50%*
Max Amount: ₹50 lakhs
Online process, no collateral
Interest Rate: 11.25%*
Max Amount: ₹50 lakhs
Digital lending, fast approval
Interest Rate: Variable*
Max Amount: Full cost
For international students, flexible
*Interest rates are indicative and subject to change based on bank policies, credit score, and market conditions.
| Bank/Lender | Interest Rate | Processing Fee | Max Tenure | Special Features |
|---|---|---|---|---|
| SBI | 8.65% - 9.15%* | NIL | 15 years | Government bank, subsidized rates |
| HDFC Credila | 10.50% - 13.25%* | 1% - 2% | 15 years | Fast processing, no hidden charges |
| Bank of Baroda | 8.25% - 9.05%* | 0.5% | 15 years | Competitive rates, easy documentation |
| IDBI Bank | 8.90% - 9.40%* | 0.5% | 12 years | Digital process, quick approval |
| Avanse | 11.50% - 14.50%* | 2% | 15 years | No collateral, online process |
| InCred | 11.25% - 13.75%* | 1.5% | 15 years | Paperless process, fast funding |
*Interest rates are indicative and subject to change based on bank policies, credit score, and market conditions.
Compare rates and select suitable lender
Verify documents and eligibility criteria
Submit application with required documents
Loan sanction and disbursement
Funds transferred to university account
Start EMI after course completion + 6 months
For studies abroad, you can get up to ₹50 lakhs. For Indian education, the maximum is ₹20 lakhs. The actual amount depends on your course fee, living expenses, and repayment capacity.
For loans up to ₹7.5 lakhs, no collateral is required. For higher amounts, you may need collateral like property, fixed deposits, or life insurance policies.
Repayment starts after the course completion period plus 6 months (moratorium period). During the study period and moratorium, only interest is charged (if not subsidized).
Yes, most banks allow prepayment without penalty after the moratorium period. Some banks may charge a small prepayment fee for early closure.
You must inform the bank immediately. Additional documentation may be required, and the loan terms might be revised based on the new course fees.
Expert guidance for loan approval and best rates