Education Loans

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Education loans are easily accessible in India through various public and private sector banks and other companies. This list is not an exhaustive one but you can help by expanding it.

Central Scheme to provide Interest Subsidy (CSIS) on Education Loans

MHRD, Govt. of India has a scheme where economically weaker section of the country can afford educational loans under subsidized interest rates.

List of educational loan providers

Provider name Location Eligibility Interest rates
Sahu Jain Trust Education Loans (merit cum means) India Details, Engineering, Medical, MBA, IT Interest free soft loan
Interest Subsidy Education Loans (Canara Bank as nodal bank) India Details Details
West Bengal SC, ST Development and Finance Corporation India For SC, ST students in WB, Details 5% per year, 4% for women candidates
Canara Bank India, Abroad Details Online application and Form
State Bank of India India, Abroad Details Details
HDFC Bank India, Abroad Details
ICICI Bank India, Abroad Details
WB Minorities Development and Finance Corporation India Medical, Engineering, Nursing, Management, Details No interest (if paid in two years)
Axis Bank India, Abroad Details Details
HSBC Bank Abroad Details Details
United Bank of India India,Abroad Details
Bank of Baroda India, Abroad From nursery level to PhD, Details 13-15%, Details
Credila (HDFC company) India, Abroad UG, PG, Details 11.75%, Details
Punjab National Bank India, Abroad UG, PG, vocational Details 14-16%, Details
The K.C. Mahindra Scholarship for Post-Graduate Studies Abroad Abroad PG Interest free Details
The Mahindra Fellows Fund Abroad PG Details