Every lender we work with, in one place
Public banks, private banks, education NBFCs and international lenders. Open any partner to see indicative rates, collateral rules, documents and the step-by-step process.
- 8 Banks
- Scheme-based funding, usually the lowest indicative rates when collateral is available.
- 6 NBFCs
- Education-focused lenders with faster processing and collateral-free structures.
- 2 International lenders
- No co-applicant, no collateral — priced in foreign currency for supported universities.
Banks
SBI Education Loan
A public sector education loan programme with scheme-based funding for studies in India and abroad, widely used for secured loans with a co-applicant.
- Indicative rate
- 8.05% – 11.15%
- Collateral
- Usually required above ₹7.5L
Bank of Baroda Education Loan
A public sector lender with dedicated overseas education schemes and preferential treatment for select universities and programmes.
- Indicative rate
- 8.15% – 11.4%
- Collateral
- Usually required above ₹7.5L
Union Bank of India Education Loan
A public sector education loan option covering domestic and overseas programmes, with scheme-linked limits and structured repayment after the moratorium.
- Indicative rate
- 8.4% – 11.5%
- Collateral
- Usually required for higher amounts
Punjab National Bank Education Loan
A public-sector option with scheme-based pricing, concessional rates for women applicants and long repayment tenures. Suited to families who can offer collateral and want the lowest indicative rate band.
- Indicative rate
- 8.4% – 11.75%
- Collateral
- Usually required above ₹7.5L
ICICI Bank Education Loan
A private sector education loan with digital sanction options for eligible profiles, covering both domestic and overseas study.
- Indicative rate
- 9.85% – 13.5%
- Collateral
- Case dependent by amount and country
Axis Bank Education Loan
A private sector education loan with faster processing, secured and unsecured options depending on the course, country and co-applicant profile.
- Indicative rate
- 10% – 14%
- Collateral
- Case dependent; unsecured possible for select courses
YES BANK Education Loan
A private sector education loan for overseas and domestic programmes, with secured and unsecured structures based on the applicant profile.
- Indicative rate
- 10.25% – 13.75%
- Collateral
- Case dependent
IDFC FIRST Bank Education Loan
A private sector lender offering unsecured and secured education loans for overseas study with a largely digital application journey.
- Indicative rate
- 10.5% – 13.9%
- Collateral
- Unsecured available for eligible cases
NBFCs
Credila Education Loan
A specialist education-finance NBFC focused only on student loans, with secured and unsecured options and quick, education-specific underwriting.
- Indicative rate
- 10.5% – 13.5%
- Collateral
- Both secured and unsecured routes available
Avanse Financial Services Education Loan
An education-focused NBFC funding tuition, living and travel costs for overseas and domestic programmes with flexible security options.
- Indicative rate
- 10.5% – 14.5%
- Collateral
- Secured and unsecured routes
Auxilo Finserve Education Loan
A dedicated education-finance NBFC offering unsecured and secured student loans with an emphasis on quick turnaround.
- Indicative rate
- 10.75% – 15%
- Collateral
- Unsecured available for eligible courses
Tata Capital Education Loan
An NBFC education loan for domestic and overseas study with structured repayment options and flexible security requirements.
- Indicative rate
- 10.99% – 15%
- Collateral
- Secured and unsecured routes
InCred Education Loan
An NBFC offering unsecured education loans for overseas study with underwriting that considers the course and future earning potential.
- Indicative rate
- 11% – 15%
- Collateral
- Mostly unsecured for listed programmes
Poonawalla Fincorp Education Loan
A digital-first NBFC with quick turnaround, flexible co-applicant norms and unsecured structures for eligible courses. Useful when timelines are tight or collateral is not available.
- Indicative rate
- 11% – 16%
- Collateral
- Secured and unsecured routes available
International lenders
Prodigy Finance Education Loan
A UK-headquartered lender funding postgraduate students at supported international universities without collateral or a co-applicant.
- Indicative rate
- 11.5% – 15%
- Collateral
- Not required
MPOWER Financing Education Loan
A US-based lender providing collateral-free, co-applicant-free loans to international students at supported universities in the USA and Canada.
- Indicative rate
- 12% – 15%
- Collateral
- Not required
Not sure which of these fits your profile? Get a shortlist based on your course, country and collateral position.
Rates, limits and terms shown are indicative and change with lender policy, scheme revisions and your applicant profile. ShikshaVahini is not a lender and does not guarantee approval or any specific rate.