An education loan is a loan that students apply to meet the financial requirements to complete their course. Many banks and NBFCs in India offer education loans at competitive rates to help educate the upcoming innovators and leaders.

The loan amount can go up to Rs.1 crore for international students and up to Rs.50 lakh for domestic students. 100% financing available for certain conditions. The financing covers other expenses, such as student exchange travel expenses and laptop. Preferential forex rates may be available for international disbursements. Loan repayment tenure can go up to 12 years after six months from completing the course. Parents should be joint borrowers for the education loan.

Indian nationals only. Secured admission/invite from university in approved university/college in degree/diploma course. Education: Should have completed 10+2 (12th standard) for an undergraduate course and degree for a postgraduate course. Approved courses leading to graduate/post-graduate degree and PG diplomas were conducted by recognised colleges/universities recognised by UGC/Govt./AICTE/AIBMS/CMR. Courses like ICWA, CA, CFA etc. Courses conducted by IIMs, IITs, IISc, XLRI, NIFT, and NID. Regular degree/diploma courses, such as aeronautical, pilot training, shipping Degree/diploma in nursing or any other discipline approved by Director General of Civil Aviation/Shipping/Indian Nursing Council or any other regulatory body as the case may be if the course is pursued in India.