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Home Loans Education Loan
Education Loan

Invest in a brighter future.

Send yourself or your child to study in India or abroad. Cover tuition, living and travel – and pay only interest while studying.

Studies in India & abroad
Up to ?1.5 crore
Moratorium while studying
Tax benefits u/s 80E
Calculate EMI
100% safe & confidential

Apply for Education Loan

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Loan amount
?1,50,00,000
up to ?1,50,00,000
Interest rate
9.5%
per annum onwards
Tenure
up to 15 yrs
after course
Processing fee
0–1%
often waived
Why this loan

Education without the money worry

Covers tuition, living, travel & equipment
Pay only interest during your course (moratorium)
Funding for India and overseas study
Tax deduction on interest under Section 80E
Collateral-free options up to a limit
Long repayment tenure after course completion
Indicative rates

Indicative Education Loan Rates

Indicative only – your final rate depends on your profile, income and credit history. Final terms are set by the lender.

Lending partnerInterest rate (p.a.)Processing feeMax tenure
EMI calculator

Know your EMI before you borrow

Slide to your amount and tenure. The total payable updates instantly – what you see is what you pay, all-in.

Estimate your EMI
Loan amount
Tenure
Your Easy Monthly Installment =
– all-inTotal
Eligibility

Who can apply

Indian resident student with a confirmed admission
Co-applicant (parent/guardian) usually required
Admission to a recognised institution/course
Aged 18 years and above
Good academic record helps approval
Documents

What you'll need

Admission letter / offer from the institution
PAN, Aadhaar of student and co-applicant
Course fee structure and schedule
Income proof of co-applicant
Academic records (marksheets, test scores)
How to apply

Get your education loan in 4 simple steps

1
Share course details

Tell us the course, country and amount needed.

2
Get an offer

An expert calls with the loan amount, rate and moratorium terms.

3
Submit documents

Provide admission, academic and co-applicant documents online.

4
Sanction & disbursal

On approval, fees are disbursed to the institution as scheduled.

FAQs

Education Loan – common questions

Yes. Education loans cover recognised courses both in India and abroad, including tuition, living expenses, travel and study equipment.
It's the period during your course (plus a few months after) when you don't pay the full EMI – usually only simple interest. Full repayment begins after you finish studying.
Smaller loans are often collateral-free. Larger amounts, especially for overseas study, may require collateral or a guarantor. We'll explain the options for your case.
Yes. Interest paid on an education loan is deductible under Section 80E for up to 8 years. Consult a tax advisor for specifics.
Usually a parent or guardian with a stable income. The co-applicant's profile supports the loan during the study period.

Don't let funds limit a future

Check education loan eligibility in minutes. No obligation, no impact on your credit score.

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