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
6.95%
Union Bank of India
highest sanction
₹4 Cr
SBI / Bank of Baroda
lenders on panel
12
Banks, NBFCs & global
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 – ₹10,000 | Course + 12 months | 10% (above ₹7.5L) |
| Axis Bank | Private Bank | 6.99% – 11.75% | 7% – 12.5% | ₹2 Cr | ₹1.50 Cr | 0.75% + GST | Course + 12 months | Nil – 15% |
| Union Bank of India | Public Bank | 8.1% – 9.75% | 6.95% – 10.2% | ₹1.50 Cr | ₹40 L | Nil – ₹5,000 | Course + 12 months | 10% |
| State Bank of India | Public Bank | 8.9% – 9.4% | 9.4% | ₹4 Cr | ₹50 L | ₹10,000 + GST | Course + 6 months | 15% (abroad) |
| Credila | NBFC | 9.5% – 11.5% | 8.95% – 13% | ₹3.50 Cr | ₹4 Cr | 0.5% – 1% + GST | Course + 12 months | Nil |
| IDFC First Bank | Private Bank | 9.5% – 11.5% | 10.25% – 13.25% | ₹1 Cr | ₹1 Cr | 1% + GST | Course + 12 months | Nil |
| ICICI Bank | Private Bank | 9% – 12.5% | 9% – 12.75% | ₹3 Cr | ₹3 Cr | 1% + GST | Course + 6 months | Nil – 10% |
| Avanse | NBFC | 10.5% – 14% | 10% – 14% | ₹1 Cr | ₹2 Cr | 1% – 2% + GST | Course + 12 months | Nil |
| InCred | NBFC | NA | 10.5% – 14% | NA | ₹1 Cr | 1% – 2% + GST | Course + 6 months | Nil |
| Auxilo Finance | NBFC | 11.5% – 12% | 10.25% – 13.5% | ₹50 L | ₹1.20 Cr | 1% – 2% + GST | Course + 12 months | Nil |
| Prodigy Finance | International Lender | NA | 8.47% – 13% | NA | ₹95 L | 2.5% – 5% | Course + 6 months | Nil |
| MPOWER Financing | International Lender | NA | 9.99% – 13.99% | NA | ₹95 L | 5% | Course + 6 months | Nil |
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 6.95% 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.
Trusted partners
48 live integrations
Bank of BarodaAxis BankUnion Bank of IndiaState Bank of IndiaCredilaIDFC First BankICICI BankAvanseInCredAuxilo FinanceProdigy FinanceMPOWER FinancingTata AIGBajaj AllianzAllianz CareMedibank OSHCTK GermanyScotiabank GICICICI Canada GICCoracle BlockedMonzo StudentZolve GlobalWiseBookMyForexNiyo GlobalWestern UnionRogers StudentLycamobile UKAiralo eSIMVodafone DEIDP IELTSPearson PTEETS TOEFLDuolingo English TestAmber StudentUnilodgersUniversity LivingHomestay NetworkAir Canada StudentEmirates SkywardsQatar AirwaysArrivalCabSettleIn KitsCampusBoxWinterReadyTaxBuddy GlobalCreditRiseLocalMoveBank of BarodaAxis BankUnion Bank of IndiaState Bank of IndiaCredilaIDFC First BankICICI BankAvanseInCredAuxilo FinanceProdigy FinanceMPOWER FinancingTata AIGBajaj AllianzAllianz CareMedibank OSHCTK GermanyScotiabank GICICICI Canada GICCoracle BlockedMonzo StudentZolve GlobalWiseBookMyForexNiyo GlobalWestern UnionRogers StudentLycamobile UKAiralo eSIMVodafone DEIDP IELTSPearson PTEETS TOEFLDuolingo English TestAmber StudentUnilodgersUniversity LivingHomestay NetworkAir Canada StudentEmirates SkywardsQatar AirwaysArrivalCabSettleIn KitsCampusBoxWinterReadyTaxBuddy GlobalCreditRiseLocalMove