Top 10 Best Education Loan Offers in India 2025 [Study in India & Abroad]

[Srini]

Compare the best education loan offers in India 2025 for studying in India and abroad. Get details on interest rates, eligibility, repayment & top banks.

 📖 IntroductionEducation has become one of the biggest investments for Indian families. Whether it’s engineering, medicine, MBA, or studying abroad, costs can run into lakhs or even crores. That’s why choosing the best education loan is important.In this article, we list the Top 10 Education Loan Offers in India 2025, covering loan amounts, interest rates, repayment period, and eligibility.

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🔥 Top 10 Education Loan Offers in India 20251. State Bank of India (SBI Student Loan Scheme)

• Loan Amount: Up to ₹1.5 Crore (for abroad studies)
  
• Interest Rate: 8.50% – 10.50%
  
• Repayment: Up to 15 years
  
• Special: Interest subsidy for eligible students
  

2. HDFC Credila Education Loan

• Loan Amount: ₹1 Lakh – ₹50 Lakh+
  
• Interest Rate: 9% – 12.5%
  
• Repayment: Flexible EMI after course completion
  
• Special: Covers abroad tuition + living expenses
  

3. Axis Bank Education Loan

• Loan Amount: Up to ₹75 Lakh
  
• Interest Rate: 8.85% onwards
  
• Repayment: Up to 15 years
  
• Special: Quick processing for abroad universities
  

4. Punjab National Bank (PNB Udaan)

• Loan Amount: ₹7.5 Lakh – ₹1.5 Crore
  
• Interest Rate: 8.75% onwards
  
• Repayment: 15 years
  
• Special: Designed for overseas studies
  

5. Bank of Baroda Education Loan

• Loan Amount: Up to ₹80 Lakh (India), ₹1.5 Crore (abroad)
  
• Interest Rate: 8.65% onwards
  
• Repayment: 15 years
  
• Special: No collateral for loans up to ₹7.5 Lakh
  

6. ICICI Bank Education Loan

• Loan Amount: Up to ₹1 Crore
  
• Interest Rate: 9.5% – 12%
  
• Repayment: Up to 15 years
  
• Special: Covers tuition + accommodation
  

7. Union Bank of India Education Loan

• Loan Amount: Up to ₹1.5 Crore
  
• Interest Rate: 8.85% onwards
  
• Repayment: 15 years
  
• Special: Simple interest during study period
  

8. Canara Bank Vidya Turant Loan

• Loan Amount: Up to ₹40 Lakh (India), ₹1.5 Crore (abroad)
  
• Interest Rate: 8.75% onwards
  
• Repayment: Up to 15 years
  
• Special: Fast-track loan for premier institutes
  

9. IDBI Bank Education Loan

• Loan Amount: Up to ₹30 Lakh (India), ₹1 Crore (abroad)
  
• Interest Rate: 9% – 11.5%
  
• Repayment: 15 years
  
• Special: Covers vocational & professional courses
  

10. Kotak Mahindra Bank Education Loan

• Loan Amount: ₹10 Lakh – ₹20 Lakh+
  
• Interest Rate: 10% – 12%
  
• Repayment: Flexible
  
• Special: No collateral for smaller loans
  

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💡 Benefits of Education Loans in 2025

• Covers tuition fees, hostel charges, books, and travel
  
• Tax benefits under Section 80E (interest repayment)
  
• Moratorium period (repayment starts after course completion)
  
• Helps students pursue foreign education without financial stress
  

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📌 ConclusionThe best education loan in India 2025 depends on your study destination, course type, and repayment capacity. Compare interest rates, loan amounts, and repayment terms before applying.👉 Related guides:

• [Best Home Loan Offers in India 2025]
  
• [Best Life Insurance Plans in India 2025]
  
• [Top Mutual Funds in India 2025]