Education Loans
Funding for study in India — with a tax deduction on interest that has no upper limit.
Funding for study abroad — larger amounts, currency exposure, and collateral that usually decides the rate.
Funding for MBA, medicine, law and engineering — where the course itself improves the terms.
Plan Today. Own Tomorrow.
More than Loans A Partner for Life
| Plan |
Domestic Education Loan
|
Overseas Education Loan
|
Professional Course Loan
|
Skill & Vocational Loan
|
|---|---|---|---|---|
| Best for | Study in India, worry-free | Fulfil your global dreams | Study for your profession | Learn. Grow. Earn. |
| Interest from* | 8.5% | 9.5% | 8.75% | 9.5% |
| Rating | 4.5 | 4.6 | 4.4 | 4.1 |
| Details | View | View | View | View |
*Indicative starting figures; the final terms depend on your profile.
Compare PlansReview your existing loans and make sure you're not paying more than you need to.
Get your current loan reviewed
Share it with an advisor — no cost, no obligation
After the moratorium, which covers the course period plus a further six to twelve months. Interest accrues during that time even though you are not paying it, so servicing at least the interest while studying — where the family can afford it — meaningfully reduces the eventual EMI.
A deduction for interest paid on an education loan, available for eight years from when repayment begins, with no upper limit. That absence of a ceiling is unusual and makes an education loan one of the few genuinely tax-efficient borrowings — worth weighing before you clear it early from savings.
Not below the threshold, commonly around four lakh rupees. Above that, security is generally required. Even where a lender will go unsecured, offering collateral usually reduces the rate enough to be worth doing.
Generally a parent, guardian or spouse. Their income and credit profile carry most of the assessment weight, since the student typically has neither at the point of application.
Most lenders offer a rate concession for female students, typically a modest reduction. It is applied on request rather than automatically at some lenders, so it is worth asking explicitly.
Tell us about your needs. Our experts will help you find the right loan.
Speak to an advisor
Tell us where you are today. We’ll help you understand what matters, what may be missing, and what you can do next.
No pressure. No obligation. Just a thoughtful conversation.
