Bank of Baroda
Bank of Baroda Education Loan
Rate from8.45%
Max amount₹1.5 Cr
EMI/L · 7y₹1,581
Disbursal10-15 business days
- Lowest education loan rates
- Government bank reliability
CIBIL: 700+ · Student
★ FeaturedEducation Loan
HDFC Credila Education Loan
HDFC Credila
NBFC · Since 2006
HDFC Credila Education Loan — India’s first dedicated education-loan NBFC, with pre-visa disbursal and overseas coverage across 2,500+ universities.
Interest rate10.50%– 13.50%
Up to₹2 Crmax amount
Disbursal10-15 business days
Min CIBIL700+
Calculate your EMI
Move the sliders to see monthly EMI, total interest, and total cost of this loan.
₹10,00,000
7 years
10.50%
Your actual rate depends on your credit profile, income, and employer category.
Monthly EMI
Total interest
Total payment
Processing fee (1.5%)
Total cost of this loan
✨ interest + processing fee
Key features
- Specialized education loan NBFC
- Pre-visa disbursal
- Covers all expenses including living
- Covers 2,500+ overseas universities
Who is this loan best for?
Students heading overseas who need pre-visa disbursal and living-expense coverage.
Rate and prepayment
This is a floating-rate loan. No prepayment penalty — you can foreclose or pre-pay any amount at any time, free of charge (RBI mandate for floating-rate individual loans).
Compare with other education loans
Punjab National Bank
PNB Education Loan
Rate from8.45%
Max amount₹2 Cr
EMI/L · 7y₹1,581
Disbursal10-15 business days
- High ceiling for overseas study with collateral
- PMSSS subsidy for minority community
CIBIL: 700+ · Student
State Bank of India
SBI Education Loan
Rate from8.55%
Max amount₹1.5 Cr
EMI/L · 7y₹1,586
Disbursal7-15 business days
- Largest education loan disburser in India
- No collateral up to ₹20L
CIBIL: 700+ · Student
ICICI Bank
ICICI Bank Education Loan
Rate from10.50%
Max amount₹1 Cr
EMI/L · 7y₹1,686
Disbursal10-15 business days
- Branch network advantage
- Digital application via iMobile
CIBIL: 700+ · Student