Education Loan

Fund Your
Dream Education

Get education loans starting from ₹5,00,000 to ₹1.5 Cr+ for top institutions in India and abroad. Quick disbursal, flexible repayment, and tax benefits.

Education Loan illustration
Students
50,000+ Funded
Disbursed
₹2,000 Cr+

Choose Your Education Loan

From domestic degrees to international programs — we have tailored loan products to match every aspiration and budget.

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Market Comparison

Real-time interest rates and approval insights from top lenders

Choose Your Preferred Lender

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AVANSE Financial Services

AVANSE Financial Services

AUXILO Finserve

AUXILO Finserve

HDFC Credila

HDFC Credila

InCred

InCred

Tata Capital

Tata Capital

Axis Bank

Axis Bank

ICICI Bank

ICICI Bank

IDFC FIRST Bank

IDFC FIRST Bank

YES BANK

YES BANK

Bank of Baroda

Bank of Baroda

Bank of India

Bank of India

Bank of Maharashtra

Bank of Maharashtra

Central Bank of India

Central Bank of India

Union Bank (UBI)

Union Bank (UBI)

Saraswat Bank

Saraswat Bank

SVC Co-operative Bank

SVC Co-operative Bank

AVANSE Financial Services

AVANSE Financial Services

AUXILO Finserve

AUXILO Finserve

HDFC Credila

HDFC Credila

InCred

InCred

Tata Capital

Tata Capital

Axis Bank

Axis Bank

ICICI Bank

ICICI Bank

IDFC FIRST Bank

IDFC FIRST Bank

YES BANK

YES BANK

Bank of Baroda

Bank of Baroda

Bank of India

Bank of India

Bank of Maharashtra

Bank of Maharashtra

Central Bank of India

Central Bank of India

Union Bank (UBI)

Union Bank (UBI)

Saraswat Bank

Saraswat Bank

SVC Co-operative Bank

SVC Co-operative Bank

Education Loan EMI Calculator

Calculate your Equated Monthly Installment

₹1,00,000₹5,00,00,000
1%30%
%
1 Year30 Years
Y
8,678
20,82,776
Total Payment
10,82,776
Total Interest
Monthly EMI
8,678

Loan Summary

Principal Amount10,00,000
Total Interest Payable10,82,776
Total Amount Payable20,82,776

* Note: Figures are illustrative. Final rates and terms are subject to bank approval and eligibility. Consult our experts for precise details.

Our Partner Banks & HFCs

AVANSE FINANCIAL SERVICES
AUXILO FINSERVE PRIVATE LTD
AXIS BANK
BANK OF BARODA

How to Apply in 4 Steps

Our streamlined process ensures you get your education loan without unnecessary delays or paperwork.

Fill Application

Provide basic details about yourself, your course, institution, and desired loan amount.

Document Submission

Upload student documents and co-applicant financial documents via our secure portal.

Credit Assessment

Our team evaluates your profile, course, institution ranking, and co-applicant income.

Approval & Disbursal

Receive sanction letter within 7 days. Funds disbursed directly to institution.

Eligibility Criteria

Open to all Indian students pursuing higher education — check if you meet the requirements below.

Domestic Studies

General Student Criteria

  • Indian citizen between 16–35 years
  • Admission confirmed at recognized institution
  • Academic merit: 50%+ in last qualifying exam
  • Valid offer/admission letter
  • Co-applicant must be Indian resident

Overseas Studies

Additional for Abroad Studies

  • Admission to foreign university / college
  • Valid student visa or I-20 / CAS letter
  • IELTS / TOEFL / GRE / GMAT score (preferred)
  • Financial proof for visa application supported
  • WES evaluation accepted for Canadian courses

Document Checklists

Applicant (Student)

  • Aadhaar & PAN Card
  • Class 10, 12 & Degree Marksheets
  • Admission / Offer Letter
  • Fee Structure
  • Entrance Exam Score (IELTS/GRE)

Co-Applicant (Financial)

  • Aadhar Card & PAN Card
  • 3-6 Months Salary Slips
  • 6-12 Months Bank Statement
  • 2-3 Years ITR / Form 16
  • Profit/Loss & Balance Sheet (Business)

Collateral Assets

  • Property Title Deed
  • Valuation Report
  • Fixed Deposit Receipts
  • Insurance Policies
  • Encumbrance Certificate

Overseas Specific

  • Passport (Student)
  • I-20 Form (USA) / CAS Letter (UK)
  • Visa Copy
  • Proof of Funds (Visa Requirement)
  • University Accreditation Docs

Note: Student documents include: Aadhaar, PAN, Passport/DL, Resident Proof, Academic Documents, Offer Letter, Fee Structure, Visa/I-20 (for abroad), and Entrance Exam Scorecard.

Benefits of Our Education Loan

We go beyond just financing — every product is designed to give you maximum flexibility.

Zero Pre-payment Penalty

Repay your loan early without any extra charges — save on interest and become debt-free faster.

Section 80E Tax Benefit

Claim 100% deduction on interest paid for up to 8 years — available to the student or parents.

Moratorium Period

No EMI during your course + 1 year. Focus on studies, not repayment.

Insurance Cover Included

Life and health insurance bundled with select loan products to protect your financial future.

Covers All Expenses

Tuition, accommodation, travel, books, equipment, exam fees — everything is covered.

Direct Disbursal

Funds sent directly to institution — simplifying visa & admission fee requirements.

Government Subsidy Available

Interest subsidy for EWS students under Central Sector Interest Subsidy (CSIS) scheme.

40+ Country Coverage

Loans available for top universities in USA, UK, Canada, Australia, Germany, Ireland & more.

Disclaimer: Loan details such as interest rates, amounts, and eligibility are indicative and may change based on lender policies, RBI guidelines, and applicant profile. Please verify terms with the respective bank or lender before applying.

Frequently Asked Questions

Everything you need to know about education loans — answered by our experts.

Ready to Fund Your Dream Degree?

Apply now for a free eligibility check. Our education loan expert will contact you within 24 hours.

Talk to an Expert