Such loans can be immensely beneficial for families and students who lack funds and are aiming to accomplish educational targets on their way to making a big impact in life.
Prominent public and private sector banks focus on filling the gap for students by offering affordable education loans at competitive interest rates.
The aim of availing an education loan should be to:
Let us look at the rates offered by prominent public sector banks and private sector banks.
Data as on respective banks’ website on Jun 08, 2026; Loans above ₹7.5 lakh for studies abroad; Interest rates are indicative and may vary based on the applicant’s profile, the specific loan amount, and the tenure. Compiled by BankBazaar.com.
Borrowers should compare multiple lending institutions, review loan terms, their credit scores, current repayment capacity and associated terms before taking a loan.
