Top 11 Education Loan Providers in India

Here is a list of top 11 leading banks in India with their rate of interest,you may compare study loans before applying it.

Education loan providers	Interest rate per Annum	Loan amount	Processing fee
Bank of Baroda (BOB)	6.75% to 9.85%	Up to Rs. 4lakh and above	1% of the loan amount up to Rs. 10,000
State bank of India (SBI)	6.85% to 8.65%	Up to Rs. 1.5 corer	Rs. 10,000 + tax
Punjab national bank (PNB)	6.90% to 9.55%	Up to Rs. 15 lakhs	1% of the loan amount.
Bank of India	6.85% to 9.35%	Up to Rs. 10lakh for studying in India up to Rs. 20Lakh for studying abroad.	processing fee is nil for courses in India. Rs. 5000 + other fees for courses abroad.
Union Bank of India	8.80% to 10.05%	Need-based finance	Nil – for Indian students 0.50% of loan amount + GST for NRI students.
HDFC	9.45% to 13.34%	up to ₹ 30 lakhs	Up to 1.5% of loan amount + tax
Federal Bank	10.05% onwards	Up to Rs. 10lakh for studying in India up to Rs. 20Lakh for studying abroad.	Contact the bank
ICICI bank	10.50% onwards	Indian up to Rs. 50lakh. Abroad – Rs 1 Corer	Contact the bank
Tata capital	10.99% onwards	Up to Rs. 30 lakh.	Up to 2.75% of loan amount + tax
Axis bank	13.70% to 15.20%	Up to 7.5 Lakh	Up to Rs. 15,000 + tax
Kotak Mahindra bank	Up to 16%	For courses in India:- up to Rs.10 lakh For courses abroad:- up to Rs.20 lakh	Contact the bank

Top Education Loan Provider In India