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Fund your education with ease

Finance your higher education in India or abroad with flexible Education Loan options. Compare multiple offers from banks and NBFCs and choose an option that suits your education and financial requirements.

Multiple Offers Study India & Abroad Rate Starts @ 9.33%
Education Loan at a glance
Interest rate
9.33% p.a. onwards
EMI
₹1,034 /lakh
Loan tenure
Up to 15 years
Processing fee
Up to 1% of loan
EMI repayment after course completion
Interest Rate
9.33%* p.a. onwards
EMI
Starts at ₹1,034/Lakh
Processing Fees
Up to 1% of loan amount
Loan Tenure
Up to 15 years
Pre-payment
Zero Charges
Pre-closure
Zero Charges
Loan Funding
100% Expenses Covered
EMI Repayment
Post Course Completion
What is Education Loan?

Turn your education dream into reality

An Education Loan helps students and families finance higher education when the cost of studies is difficult to manage through personal savings.

Education Loans can support studies in India as well as overseas. Depending on the lender and loan amount, collateral or guarantor requirements may vary.

Repayment generally does not begin immediately. The applicable moratorium period can provide time after course completion before regular repayment begins.

What can an Education Loan support?
Tuition & Course Fees
Finance eligible tuition and course-related education expenses.
Living Expenses
Certain eligible living and stay-related expenses may be covered.
Books & Other Fees
Depending on the lender, library and other eligible study expenses may be included.
Education Loan Options

Choose the Education Loan that fits your course

Education Loans can be classified according to study location and course type.

Study in India

Education loans for eligible courses and institutions within India, subject to lender policies.

Study Abroad

Finance eligible overseas courses with support for tuition, stay and other applicable education expenses.

Undergraduate Courses

Loans for eligible undergraduate degree courses, generally covering courses of three to four years.

Graduate Courses

Financing options for eligible graduate-level degree programmes.

Career Courses

Loans for eligible career development, training and diploma courses.

Find the Right Education Loan

Compare education loan offers according to your course, institution, location and financial needs.

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Factors lenders typically evaluate
Academic Record
Previous qualifications and academic performance
Course & Institution
Course, institution and lender eligibility
Education Expenses
Tuition, living and other eligible expenses
Co-applicant
Co-applicant or guarantor requirements may vary by lender.
Eligibility

How much Education Loan can you get?

Education Loan eligibility and the eligible loan amount depend on several factors including your academic qualifications, course, institution, tuition cost, living expenses and lender-specific criteria.

The lender may also consider the co-applicant, repayment capacity and whether the study is being pursued in India or overseas.

Check my eligibility
Why Compare?

Find an Education Loan that fits your future

Different banks and NBFCs may offer different interest rates, processing fees, repayment periods and eligibility criteria.

Compare multiple lender offers
Check available interest rates
Understand processing fees
Compare repayment options
Paperwork

Education Loan documents checklist

Keep the relevant student, co-applicant and education-related documents ready for the application.

Student Documents

  • Identity Proof
  • Address Proof
  • Academic Records
  • Admission Documents

Education Details

  • Admission Letter
  • Course Details
  • Fee Structure
  • Institution Details

Financial Documents

  • Income Documents
  • Bank Statements
  • ITR where applicable
  • Employment Details

Co-applicant Details

  • Identity Proof
  • Address Proof
  • Income Proof
  • Bank Statements
Good to know
Rate: 9.33% p.a. onwards
Tenure: up to 15 years
Processing fee up to 1%
EMI post course completion
FAQ

Frequently asked questions

An Education Loan is financing designed to help students and families meet eligible higher education expenses. It can be used for eligible studies in India or abroad, subject to lender policies.
The referenced Ekuity page lists Education Loan interest rates starting from 9.33% p.a. onwards. The actual applicable rate can vary depending on the lender and applicant profile.
The referenced Ekuity page lists a loan tenure of up to 15 years, subject to lender policies and applicant eligibility.
Education Loan repayment does not necessarily begin immediately. The referenced Ekuity page states that repayment starts after the course and may include a moratorium period, subject to lender terms.
Yes. The referenced Ekuity page includes overseas or international Education Loans. Eligible expenses can include tuition, stay, library and other applicable education-related costs.
The referenced Ekuity page states that when the student is applying for the course, a co-applicant may be required. Exact requirements vary according to the lender and loan structure.
Collateral and guarantor requirements depend on the loan amount and respective lender policy. The referenced Ekuity page notes that certain loan amounts may be available without collateral.
The referenced Ekuity page lists zero charges for both pre-payment and pre-closure. Applicable lender terms should always be checked before taking the loan.