Best Education Loan Providers in India

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State Banks - They are known for their low-interest rates; however, they have stringent requirements to meet.

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State Bank of India (SBI) - This bank provides education loans for professional and technical graduate and post-graduate courses at reputable universities.

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Punjab National Bank (PNB) - Punjab National Bank (PNB) is one of the best education loan providers in India. It offers loans for students who have received admission letters for graduate or postgraduate diplomas.

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Bank of Baroda (BOB) - Under the “Baroda Scholar” scheme, the Bank of Baroda (BOB) offers education loans for Indian students seeking to study abroad with a maximum loan amount of Rs. 20 lakh.

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IDBI Bank - IDBI Bank is one of the best education loan providers in India. This bank offers loans of up to Rs. 20 lakh for education in India and up to Rs. 30 lakh for education abroad.

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Canara Bank - Following the Indian Banks Association education loan model, Canara Bank loan amount is needs-based with a maximum of Rs. 40 lakh for premier institutions.

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Private Banks -

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Axis Bank - Similar to the SBI, Axis Bank provides education loans for career-oriented technical or professional courses for students who get a minimum of 50% in the Higher School Certificate.

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ICICI Bank - ICICI Bank is another great education loan provider in India. It offers Rs. 50 lakh for Indian education and Rs. 1 crore for international education.

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HDFC Bank - Whether you’re planning to study abroad or in India, HDFC Bank gives you an education loan for over 950 courses in reputable universities across 36 countries.

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Download Best Books For Higher Education Books, Study Materials & More

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