Education loans
Education Loan Marketplace
Overseas and domestic education loans, secured and unsecured lines, tuition and living-expense funding, top-ups and refinancing — matched against your profile.
lowest secured rate
6.9%
Bank of Baroda
lowest unsecured rate
9.9%
State Bank of India
highest sanction
₹4 Cr
SBI / Bank of Baroda
lenders on panel
16
Banks, NBFCs & global
Our Lending Partners
Multiple lenders to choose from — banks, NBFCs and global education financiers.
check your eligibility
Lender Panel — 12 banks & NBFCs, secured and unsecured rate bands
| Lender | Type | Secured rate | Unsecured rate | Max secured | Max unsecured | Processing fee | Moratorium | Margin |
|---|---|---|---|---|---|---|---|---|
| Bank of Baroda | Public Bank | 6.9% – 10.45% | NA | ₹4 Cr | NA | Nil up to ₹7.5L; 1% (max ₹10,000) above | Course + 12 months | 10% (above ₹7.5L) |
| Axis Bank | Private Bank | 8.75% – 11.75% | 10% – 12.5% | ₹2 Cr | ₹1.50 Cr | Up to 2% + GST | Course + 12 months | Nil – 15% |
| Union Bank of India | Public Bank | 8.75% – 10.2% | NA | ₹1.50 Cr | NA | Nil – ₹10,000 | Course + 12 months | 10% |
| State Bank of India | Public Bank | 9.4% | 9.9% | ₹3 Cr | ₹8 L | ₹10,000 + GST | Course + 6 months | 15% (abroad) |
| Credila | NBFC | 9.95% – 12% | 11.25% – 13.5% | ₹3.50 Cr | ₹4 Cr | Up to 1.25% + GST | Course + 12 months | Nil |
| IDFC First Bank | Private Bank | 9.5% – 11.5% | 10.25% – 13.25% | ₹1 Cr | ₹1 Cr | Nil up to ₹7.5L; up to 1.5% above | Course + 12 months | Nil |
| ICICI Bank | Private Bank | 9% – 13% | 10.25% – 13% | ₹3 Cr | ₹3 Cr | 1% + GST | Course + 6 months | Nil – 10% |
| Avanse | NBFC | 10.25% – 14% | 10.25% – 14% | ₹1 Cr | ₹2 Cr | Up to 1% + GST | Course + 12 months | Nil |
| InCred | NBFC | NA | 10.5% – 14% | NA | ₹1 Cr | 1% – 2% + GST | Course + 6 months | Nil |
| Auxilo Finance | NBFC | 10.5% – 12.25% | 10.5% – 13.5% | ₹50 L | ₹1.20 Cr | Up to 5% + GST (per sanction) | Course + 12 months | Nil |
| Prodigy Finance | International Lender | NA | 10.74% – 13% | NA | ₹95 L | USD 500 + admin fee up to 4.2% | Course + 6 months | Nil |
| MPOWER Financing | International Lender | NA | 9.99% – 14.24% | NA | ₹95 L | 5% | Course + 6 months | Nil |
| Punjab National Bank | Public Bank | 9.25% – 11.25% | 10.75% – 12.25% | ₹2 Cr | ₹75 L | 1% (max ₹10,000, refundable) | Course + 12 months | 15% (above ₹4L) |
| Tata Capital | NBFC | 11.5% | 11.5% | ₹1 Cr | ₹75 L | 1% – 2% + GST | Course + 12 months | Nil |
| Poonawalla Fincorp | NBFC | NA | 11.25% – 14.5% | NA | ₹50 L | Up to 2% + GST | Course + 6 months | Nil |
| Yes Bank | Private Bank | 10% – 12.5% | 10.5% – 13.5% | ₹1 Cr | ₹60 L | 1% + GST | Course + 12 months | Nil – 10% |
Indicative rate bands and sanction limits published by the lenders; your final offer depends on profile, collateral and co-applicant credit.
secured vs unsecured
- Secured loans are backed by property, FD or securities. Lowest rates start at 6.9% (Bank of Baroda) and sanction limits reach ₹4 Cr.
- Unsecured loans need no collateral but price the extra risk in — bands run from about 9.9% to 14%, with NBFCs typically 10%+.
- International lenders (Prodigy, MPOWER) lend without an Indian co-applicant, capped near ₹95 L with 2.5–5% processing fees.
what moves your rate
- Applicant profile — academics, test scores, university ranking and prior work income.
- Co-applicant profile — CIBIL score and stable income of the co-borrower is the single biggest lever on the final rate.
- Loan type — pledging collateral typically saves 1.5–3% versus an unsecured line.
- Market conditions — floating rates track the repo/MCLR benchmark; fixed rates hold EMIs steady for the full tenure.