7.90% plus spread: 6.85% for Top 5 IIMs, 6.90% for , 7.20% for A, 8.50% for B and 8.70% for C (calculated). page conflicts: 7.60% headline and 0.00% in each effective-rate cell
confirm the applicable rate with the Bank.
7.90% p.a., effective 6 December 2025
retail-rate page states repo 5.25% plus 2.65% spread.
List ₹40 lakh
List A ₹30 lakh
List B ₹15 lakh
List C ₹10 lakh
subject to need-based finance and future repayment capacity
Moratorium plus up to 120 instalments for loans up to ₹7.50 lakh
moratorium plus up to 180 instalmentsabove ₹7.50 lakh
Value awaiting review
Indian students admitted to a full-time course at a listed premier institute in India. Student age: up to 40 when availing the loan. Co-applicant, where required: age 21–58 if salaried or 21–65 if non-salaried
waived for listed pre-approved institutes. Bureau-score cut-off: 701 or −1.
Nil unified processing charges
1% p.a. on default amount for loans up to ₹2 lakh
2% p.a.above ₹2 lakh
separate charges may apply for document/security non-compliance
Floating spreads from −1.05% for the top 10 IIMs/IITs to +0.50% for list C institutions
fixed spreads vary by category and amount.
spreads from −1
Up to ₹20 lakh.
Up to 120 instalments after the moratorium for loans up to ₹7.50 lakh and up to 180 instalments for larger loans
maximum 10–15 years after the moratorium.
Value awaiting review
Resident Indian, admitted to a listed premier-institution executive development programme in India and gainfully employed throughout the study period.
Nil for all cases
₹7,500 per mortgaged property for advocate and valuer charges.
For a fixed-rate education loan, prepayment from the borrower’s own source is nil. A takeover by another lender attracts 0.50% of the outstanding amount at takeover
where there is more than one account, the charge is calculated separately for each account.
with collateral, up to ₹80 lakh. Sanction is need-based and subject to future repayment capacity.
Up to 120 instalments after the moratorium for loans up to ₹7.5 lakh
up to 180 instalments for higher amounts.
Value awaiting review
Indian national admitted to a full-time regular professional or technical course at an institution in the current /A/B/C list through entrance test or merit-based selection.
Study in India: nil. Study abroad: 1% capped at ₹10,000, refundable on first disbursement. Advocate/valuer charges: ₹8,500 per mortgaged property.
For a fixed-rate education loan, prepayment from the borrower’s own source is nil. A takeover by another lender attracts 0.50% of the outstanding amount at takeover
where there is more than one account, the charge is calculated separately for each account.
Floating: + 2.00%up to ₹7.50 lakh and + 2.35%above ₹7.50 lakh. Fixed: Base Rate + 2.00%up to ₹7.50 lakh (effective 11.45% p.a.) and + 4.35%above ₹7.50 lakh (effective 12.25% p.a.).
+ 2
Maximum ₹80 lakh for the -abroad product.
Repayable in maximum 10–15 years after the moratorium
for loans up to ₹7.50 lakh the cap is moratorium plus 120 instalments, and above ₹7.50 lakh it is moratorium plus 180 instalments. For the -abroad variant, the moratorium is the course period plus three months.
Value awaiting review
Indian national with admission to a professional or technical course abroad through entrance-test or merit-based selection
the route requires employment during the course.
1% of loan amount capped at ₹10,000, recovered upfront and refundable on first disbursement
₹7,500 per mortgaged property for advocate/valuer charges.
Borrower's own source: nil. Takeover by another lender: 0.50% of the outstanding amount at takeover
for more than one account, calculated separately for each account.
Floating: +2.00%up to ₹7.50 lakh, +1.90%above ₹7.50 lakh, and +1.10% for the Baroda Yoddha defence-child concession. Fixed: Base Rate +2.00%up to ₹7.50 lakh
+3.90%above ₹7.50 lakh
for the defence-child concession, Base Rate +2.00%up to ₹7.50 lakh and +3.10% above it. The page also publishes a 0.50% female-student concession and a further 0.50% medical-course concession
a 0.10% risk premium applies above ₹7.50 lakh where the borrower does not take group credit-life/life cover.
+2
₹1.25 crore for medical and aviation courses
₹25 lakh for other courses.
Up to 120 instalments after the moratorium for loans up to ₹7.50 lakh and up to 180 instalments for larger loans
maximum 10–15 years after the moratorium.
Value awaiting review
Indian-national students admitted to recognised graduation, postgraduate, professional, approved vocational, specialist or other eligible courses in India
specified // cases studying in India are included. Eligible courses include engineering, medical, agriculture, veterinary, law, dental, management, architecture, computer, //, IIM/IIT/IISc/XLRI/NIFT programmes, approved pilot/shipping training, evening courses and approved degree/diploma programmes. Parent/co-applicant income and future repayment capacity are assessed.
Nil up to ₹7.50 lakh
above ₹7.50 lakh, 1% of loan amount capped at ₹10,000 + applicable
₹8,500 per mortgaged property for advocate/valuer charges.
Fixed-rate loan: nil when prepaid from the borrower's own source
0.50% of outstanding when taken over by another lender.
7.20% for PMVLS/ Premier category institutions, 7.40% for category A and 7.90% for other institutions
pricing is linked to spreads.
spreads
₹2 lakh minimum and ₹40 lakh maximum
margin is nil up to ₹4 lakh, 5%above ₹4 lakhup to ₹7.5 lakh, and nil above ₹7.5 lakh under the published table.
Up to 15 years after the course-period-plus-one-year moratorium
up to 120 instalments for loans up to ₹7.5 lakh and up to 180 instalmentsabove ₹7.5 lakh.
Value awaiting review
Indian national pursuing a full-time medical course in India
current page publishes NEET rank up to 1,00,000 for undergraduate (UG) study or 51,000 for postgraduate (PG) study. Parent/guardian co-obligation and assignment of the student's future income are mandatory.
Nil processing fee
PMVLP charges ₹200 are listed separately.
For a fixed-rate Education Loan: nil when prepaid from the borrower's own source
0.50% of the outstanding amount at takeover by another lender. If there is more than one account, the charge is calculated separately for each account. This published schedule applies to the fixed-rate loan variant
the product pages do not state a separate floating-rate prepayment charge.
+ 2.00%up to ₹7.50 lakh and + 1.05%above ₹7.50 lakh for non-premier institutions
+ 1.05% for the published defence-personnel row
Canada non-premier + 2.00%up to ₹7.50 lakh and + 2.55% above. Fixed: Base Rate + 2.00%up to ₹7.50 lakh and + 2.55% above for premier institutions
Base Rate + 2.00%up to ₹7.50 lakh and + 3.05% above for non-premier institutions. The page also publishes a 0.20% concession for a girl child only for non-premier institutions, not premier institutions. Interest during the holiday is charged at monthly rests
overdue amounts above ₹4 lakh attract penal interest of 2% p.a. The displayed 0.00% effective widgets are not .
The product is priced against the Bank of Baroda Repo Linked Lending Rate () for the published floating rows
the fixed table also uses Base Rate for loans up to ₹7.50 lakh and for higher bands.
Up to ₹1.50 crore for an institution in the listed Premier Institutions category and up to ₹60 lakh for an institution outside that list.
Repayable in maximum 10–15 years after the moratorium. The moratorium is the course period plus one year for the standard Baroda Scholar guideline
repayment is capped at 120 instalments for loans up to ₹7.50 lakh and 180 instalmentsabove ₹7.50 lakh.
Value awaiting review
Student must be going abroad for professional or technical studies and be admitted to the notified institution and course
admission may be through the listed entrance-test or merit-selection route. The says there is no specific age restriction for the student, and the loan can cover , and MS abroad.
Nil processing charge up to ₹7.50 lakh. Above ₹7.50 lakh, 1% of the loan amount capped at ₹10,000
for premium institutions this charge is refunded on first disbursement. PMVLP charge is ₹200 for all cases. Where property is mortgaged, ₹8,500 per property is collected upfront for advocate/valuer charges
mortgage-creation charges are nil.
Nil when prepaid from the borrower's own source. For takeover by another lender, 0.50% of the outstanding amount at takeover
where there is more than one account, calculate the charge separately for each account.
Floating benchmark-linked rate: + Strategic Premium + 3.10% for school study in India. The current retail schedule also publishes a fixed-rate row at + Strategic Premium + 5.10%. The page states a 0.50% female-student concession, interest serviced as applied during the moratorium and no penal charges. The current retail page lists at 7.90% from 6 December 2025
its 0.00% effective-rate cells are not treated as an all-in rate or .
Baroda Repo Linked Lending Rate (), with Strategic Premium () applied in the published formula. The retail rate page states 7.90% w.e.f. 6 December 2025
rates reset under the bank's benchmark terms.
Maximum ₹4 lakh. Finance is need-based and subject to the parents' repayment capacity
the page does not publish a separate minimum amount.
Repayable after 12 months from first disbursement in 12 instalments.
Applicant should be an Indian national residing in India. The student must have admission to a recognised school, high school or junior college (including CBSE, ICSE or a State Board) for Nursery–Class V, Class VI–VIII or Class IX–XII
approved evening courses are also listed. The loan is granted in the father or mother's name.
Nil processing charge.
No penal charges during the moratorium/repayment arrangement published for Baroda Vidya.
Yoddha education pricing follows the corresponding Baroda education-loan variant. Premier India floating spreads are −1.05% (Top 10 IIMs/IITs), −0.70% (), −0.50% (A), 0.00% (B) and +0.50% (C). Fixed /A pricing is +1.40% to +2.00%
B/C use Base Rate +2.00%up to ₹7.50 lakh and +2.85%/+3.05% above that. The issuer's 0.00% effective-rate placeholders are not customer rates.
Current retail references: 7.90% p.a. (repo 5.25% + markup/base spread 2.65%), effective 6 December 2025
1-year 8.75%, effective 12 September 2026
base rate 9.45% effective 12 May 2025. These references are not a single final student rate.
Up to ₹125 lakh for studies in India and ₹150 lakh for overseas studies.
The Yoddha page says all other education-loan guidelines remain unchanged
the linked Baroda education-loan guideline therefore permits up to 10–15 years after the moratorium, with 120 instalmentsup to ₹7.50 lakh and 180 instalmentsabove ₹7.50 lakh.
Value awaiting review
Children/wards of defence personnel
all other education-loan guidelines remain unchanged.
Study in India and premier institutions: nil. Study abroad: 1% of loan amount capped at ₹10,000, recovered upfront and refundable on first disbursement. Career development: 0.50%. Where property is mortgaged, ₹8,500 non-refundable advocate/valuer cost per property
mortgage creation charge nil.
For the linked fixed-rate education terms: nil when prepaid from the borrower's own source
0.50% of outstanding when taken over by another lender. Applicability can vary by the selected education variant and sanction terms.
For Vidyalakshmi/Baroda Gyan institutions: TOP 10 IIMs/IITs 7.10%, 7.45%, A 7.65%, B 8.15%, C 8.65%. Other institutions: +2.00%up to ₹7.50 lakh and +1.90%above ₹7.50 lakh.
+2
Maximum loan amount ₹25 lakh. Margin is nil up to ₹4 lakh, 5%above ₹4 lakh to ₹7.50 lakh and 10%above ₹7.50 lakh.
Course period plus one year moratorium
repayment maximum 120 instalmentsup to ₹7.50 lakh and 180 instalmentsabove ₹7.50 lakh.
Value awaiting review
Resident Indian students admitted to /Government/-recognised diploma, graduation or post-graduation courses, including eligible ESG-focused programmes. Vidyalaxmi and Bank of Baroda premier-institute tiers receive separate pricing.
Nil up to ₹7.50 lakh. Above ₹7.50 lakh: 1% of loan amount, maximum ₹10,000 plus , recovered upfront. Where property is mortgaged, ₹8,500 plus taxes is charged upfront for advocate and valuer expenses.
For a fixed-rate Education Loan: nil when prepaid from the borrower's own source
0.50% of the outstanding amount at takeover by another lender. If there is more than one account, the charge is calculated separately for each account. This published schedule applies to the fixed-rate loan variant
the product pages do not state a separate floating-rate prepayment charge.
The page does not set one borrowing rate. It lists -plus-spread terms for Baroda Vidya, Baroda Gyan, premier-institution loans (Lists /A/B/C), Baroda Scholar, Executive Development, Digital Education Loan (Lists /A/B/C) and Skill Loan. The displayed 0.00% effective-rate widget is the page's subsidy-period display, not a separate or a rate to use for the underlying loan. After the moratorium, the borrower pays interest under the selected education-loan variant.
↓
Bank of Baroda's is 7.90% p.a., effective 6 December 2025 (repo rate 5.25% plus markup/base spread 2.65%). The rate table quotes underlying education-loan rates as plus or minus product-specific spreads
the subsidy scheme itself has no single borrowing rate.
For education loans taken from 1 April 2022, subsidises interest on principal up to ₹10 lakh. If the sanctioned education loan exceeds ₹10 lakh, subsidy still applies only up to ₹10 lakh
this is not the total loan limit.
Value awaiting review
Gross parental/family income from all sources must be up to ₹4.50 lakh per year
an authorised State/UT income certificate is obtained at sanction.
↓
For -USP , the student must take an IBA Model Education Loan for an eligible technical or professional course in India and have gross parental/family income from all sources up to ₹4.50 lakh a year. The 2022 guideline names -accredited institutions, NBA-accredited programmes, Institutions of National Importance, CFTIs and courses approved by the relevant regulator. Another Central/State scholarship or fee reimbursement bars
the subsidy is generally limited to one undergraduate, postgraduate or integrated course, with a documented medical-discontinuation exception. The Ministry issued an updated eligible-course list on 25 February 2026, but its annexure could not be retrieved in this review
check the current official list for a course-specific decision.
Nil for the Education Loan — study in India row in the published tariff. The fee table is dated 20 June 2019, stated excluding , and the live page does not show a later effective date
says its standard schedule applies where no specific customer-level pricing or sanction overrides it.
+ 2.00% p.a.up to ₹7.50 lakh and + 1.75% p.a.above ₹7.50 lakh. A 1% concession may apply if interest is serviced during study and the moratorium.
+ 2
Need-based finance up to ₹10 lakh for studies in Delhi
ordinarily up to ₹7.5 lakh may be covered by the Government of India education guarantee route when its conditions are met.
Course period plus one year repayment holiday, followed by repayment in equal monthly instalments over 15 years for all categories. A course-completion extension of up to two years may be considered in the stated circumstances.
Value awaiting review
Students pursuing recognised diploma, degree or specified skill-development courses in Delhi who completed Class X and XII in Delhi, or children of employees/officials posted with the Government of of Delhi, and admitted through merit or entrance selection.
No processing charges may be levied under the scheme.
Nil. No prepayment penalty is levied at any time during the repayment period.
Floating -linked rates by institute category: top 10 IIMs and top 10 IITs 6.85% ( −1.05%)
7.20% (−0.70%)
A 7.40% (−0.50%)
B 7.90% ()
C 8.40% (+0.50%). The digital page repeats the same spreads.
Vidyalaxmi uses Bank of Baroda Repo Linked Lending Rate (): 7.90% p.a., effective 6 December 2025, shown as the 5.25% repo rate plus a 2.65% markup/base spread. The bank's current page separately lists 1-year at 8.75% p.a. effective 12 September 2026
is a bank-wide reference, not the benchmark shown for this scheme's category spreads.
100% finance
no fixed maximum cap is stated. The digital page says the amount is based on course and other fees charged by the QHEI.
Up to 15 years after the course period plus one-year moratorium.
All family-income groups may apply for the loan
income affects separate subsidy eligibility.
Indian national admitted on merit to an eligible degree, postgraduate or diploma programme at a listed QHEI in India
current scheme page states 1,425 listed institutions. All family-income groups may apply
management-quota admission is not eligible.
Vidyalaxmi: nil (₹0) unified processing charges on current scheme page and nil processing fee on its integrated digital route. general Education Loan table separately lists Study in India, premier-institution study in India and vocational education as nil
it lists study abroad at 1% of the loan (maximum ₹10,000), recovered upfront and refundable at first disbursement, and Career Development at 0.50%. The domestic/abroad categories are not substituted for this scheme-specific nil fee.
current Service Charges page lists the following only for fixed-rate Education Loans: nil when prepaid from the borrower's own funds
takeover by another lender costs 0.50% of the outstanding amount at takeover, calculated separately for each loan account. The Vidyalaxmi rates reviewed are -linked
does not publish a separate floating-rate PMV prepayment row in this schedule.
No minimum income amount is published. The student loan is need-based and subject to the student's repayment capacity
an income proof is requested only from a salaried co-applicant or guarantor when applicable.
Indian nationals admitted to NSQF-aligned vocational/skill courses at ITIs, polytechnics, recognised schools/colleges, NSDC/Sector Skill Council or State Skill Mission/Corporation partners. No specific student age limit
a minor’s parent executes documents.
Nil processing and documentation charges.
For a fixed-rate Skill Loan, nil when prepaid from the borrower's own source and 0.50% of outstanding when taken over by another lender. The official product page publishes this table under Pre-payment charges.
For the standard Star Education Loan bands, current sheet shows 1 Year RBLR + 1.70% (presently 9.80% p.a.) up to ₹7.50 lakh and 1 Year RBLR + 1.50% (presently 9.60% p.a.) above ₹7.50 lakh
girl/professional-course concessions may apply.
1 Year RBLR plus the published education-loan spread
the current rate sheet gives 9.80%/9.60% p.a. present rates by loan size.
Up to ₹1.50 crore for medical courses excluding nursing and non-medical courses
finance is need-based and subject to earning potential.
Moratorium up to course period plus 1 year
repayment up to 15 years from commencement of repayment.
No fixed student or co-borrower income threshold is published
co-borrower income proof and bank statement are required.
Indian National student admitted to a recognized institution abroad for an approved course after HSC (10+2) or equivalent
entrance/merit selection or employability/reputation assessment applies where relevant.
A refundable ₹10,000 charge excluding is stated for study-abroad applications
it is refunded once the actual loan is availed for limits up to ₹20 lakh. portal charge is ₹100 plus 18%
scheme-deviation bands are ₹500/₹1,500/₹3,000 by amount.
Current rate sheet: up to ₹7.50 lakh, 1 Year RBLR + 1.70%, presently 9.80% p.a.
above ₹7.50 lakh, 1 Year RBLR + 1.50%, presently 9.60% p.a. Girl students and professional-course students may receive the published 0.50% concession.
1 Year RBLR (Repo-linked benchmark lending rate) plus the published education-loan spread
current sheet shows 9.80%/9.60% p.a. present rates by loan size.
Up to ₹1.50 crore for medical courses excluding nursing and for non-medical courses
finance is need-based and subject to earning potential.
Moratorium up to the course period plus 1 year
repayment period up to 15 years from commencement of repayment.
No fixed student or co-borrower income threshold is published
co-borrower income proof, bank statement and financial documents are required.
Indian National, or student with admission through entrance test or merit selection to an approved course at a recognized institution after HSC (10+2) or equivalent.
No processing charge. portal charge ₹100 plus 18%
scheme-deviation charge ₹500up to ₹4 lakh, ₹1,500above ₹4 lakh to ₹7.50 lakh, and ₹3,000above ₹7.50 lakh.
Starting from 7.00% p.a. under the -Vidyalaxmi page
current rate sheet also publishes Star Vidyalaxmi categories: Category A 6.85%, Category B 7.50% and Category C 8.40% p.a., subject to category terms.
The page refers to RBLR
the current rate sheet publishes Star Vidyalaxmi category spreads against RBLR, with present rates of 6.85%, 7.50% and 8.40% p.a.
The page does not publish one universal maximum loan amount
finance is for the documented cost of the approved course and expenses.
Moratorium up to the course period plus 1 year
repayment up to 15 years from commencement of repayment.
For the -Vidyalaxmi facility, the page does not publish a universal minimum income threshold. It does publish interest-subvention family-income bands of up to ₹4.50 lakh and above ₹4.50 lakh to ₹8 lakh for specified support, which are subsidy conditions rather than a general eligibility floor.
↓
Indian National including student admitted through open competitive examination or merit selection to a degree/diploma course at one of 860 quality higher-education institutes.
Nil processing charge. portal and third-party charges may apply where stated by the scheme.
a 1% concession may apply when interest is serviced during the study-period repayment holiday, with no concession after repayment begins.
RBLR plus 1.50%
the current sheet shows a present rate of 9.60% p.a.
The Features section says ₹5,000 to ₹1.50 lakh can be considered, while the Quantum section says ₹5,000 to ₹7.50 lakh. Both official statements are retained because they conflict
confirm the applicable current cap with BOI before applying.
Value awaiting review
No numeric student or co-borrower income threshold is published
scheme documents and co-applicant evidence are required.
Individuals intending to take eligible skill-development courses in India
the student applies with a parent as joint borrower and through the Vidya Lakshmi Portal.
Nil processing charge. portal and third-party charges may apply where stated by the scheme.
No prepayment penalty is published for this scheme.
Not published on the -Vidyalaxmi page or its linked current retail-interest-rate page
eligible borrowers may separately receive 3% or full interest subvention during the moratorium.
Value awaiting review
Need-based finance linked to total eligible education expenses
no universal maximum loan amount is published. Government guarantee applies to loan amounts up to ₹7.5 lakh and full subvention can apply to loans up to ₹10 lakh under the stated income/course conditions.
Moratorium is course period plus one year
repayment up to 180 (15 years), excluding moratorium.
No minimum income for the loan is published. Interest-subvention bands use annual family income: up to ₹4.5 lakh and above ₹4.5 lakh to ₹8 lakh.
↓
Value awaiting review
No processing or upfront charge. Account handling 0.20% of loan amount, minimum ₹500. Vidya Laxmi enrolment charge ₹200 in the current (the page displays ₹100 + and notes it is subject to change)
New education loan for a master's degree abroad: fixed effective rates are 10.35% (100%+ collateral), 10.60% (75%–<100% collateral) or 10.85% (50%–<75% collateral) p.a.
Value awaiting review
Minimum loan is above ₹7.50 lakh. With collateral coverage of 100% or more, there is no maximum cap subject to project cost
with coverage below 100%, maximum is ₹1 crore.
Repayment in up to 15 years excluding the moratorium period.
No student or co-borrower minimum income amount is published
admission, exam scores, income/assets and collateral evidence are assessed.
Value awaiting review
Collateral coverage 100% or more: 0.50% of sanctioned limit, maximum ₹10,000. Coverage below 100%: 0.50%, maximum ₹20,000. The page publishes a 50% waiver for 1 April 2026 to 30 June 2026.
The page links the latest Central Bank rate table but does not name a benchmark.
₹50 lakh
margin nil.
Up to 15 years excluding moratorium
moratorium is course period plus one year.
Value awaiting review
Indian national
executive applicants need at least two years' work experience in government, corporate or multinational concern, minimum age 23, and admission or final selection to a listed Executive programme. Parent, guardian, spouse or parents-in-law may join as joint borrower.
The page links the latest Central Bank rate table but does not name a benchmark.
₹5,000 minimum to ₹7.50 lakh maximum
margin 5%.
After moratorium: up to 3 years for loans up to ₹50,000
up to 5 years for ₹50,000 to ₹1 lakh
up to 7 yearsabove ₹1 lakh.
No minimum income amount is published. Eligibility is based on Indian nationality and admission to an eligible vocational course
finance is need-based from ₹5,000 to ₹7.50 lakh.
Indian national admitted to an eligible NSQF-aligned course run or supported by a government ministry/department/organisation, NSDC or State Skill Mission/Corporation
eligible non-NSQF courses may be on the MSDE Skill India Digital Hub.
Up to 1% interest concession may be provided during study if interest is serviced during study and the subsequent moratorium before repayment starts
the base rate is linked to the latest table.
The Cent Vidyarthi page links the latest Central Bank rate table but does not name a benchmark.
Maximum loan amount ₹2 crore. Margin is nil up to ₹4 lakh
5% in India above ₹4 lakh
15% abroad above ₹4 lakh.
Repayment up to 15 years after a moratorium equal to the course period plus one year.
Value awaiting review
Indian national admitted to a recognised higher-education course in India or abroad through entrance-test or merit selection after HSC (10+2 or equivalent).
7.05% to 10.15% p.a. floating for the Education Loan row in Indian Bank's current personal-segment rate table
the applicable slab varies by institution category and borrower profile.
The current education-loan rate row is labelled floating but does not identify a named benchmark or spread for this product.
Need-based finance is available for India and overseas studies subject to margin and eligible expenses. The page publishes a ₹25 lakh maximum specifically for Executive Management/Executive
it does not publish a universal rupee ceiling for the regular IBA route.
Regular India/abroad education loans: up to 180 after the course and holiday period. Executive Management/Executive : up to 120 beginning the month after first disbursement
moratorium is course period plus up to one year for regular education loans.
No minimum income amount is specified for the student in the IBA product table
the parent or spouse is a co-obligant/joint borrower and income documents are assessed under the bank's lending rules.
Admission through entrance test or merit selection after HSC (10+2) or equivalent to a recognised/accredited course in India or abroad
parents or spouse act as co-obligants. Executive-management applicants must be graduates or equivalent.
Up to ₹10 lakh: nil. Above ₹10 lakh: 0.15% of the loan amount, capped at ₹3,000
9.45% p.a. floating for IB Skill Loan in Indian Bank's current personal-segment rate table dated 14 August 2026.
The current IB Skill Loan rate row is labelled floating but does not identify a named benchmark or spread.
₹5,000 minimum and ₹7.50 lakh maximum.
Up to 3 years for loans up to ₹50,000
up to 5 years for loans above ₹50,000 and up to ₹1 lakh
up to 7 yearsabove ₹1 lakh.
Value awaiting review
Indian national with admission or minimum qualification for an NSQF-aligned or eligible non-NSQF course from an ITI, polytechnic, recognised school/college, NSDC or state skill partner, or a training entity onboarded on Skill India Digital Hub. No specific age restriction
parent executes documents for a minor.
Nil processing fee for Educational Skill Loan under the current Indian Bank schedule.
fixed 9.35% p.a.up to 10 years or 9.85%above 10 years. Published for loans up to ₹7.50 lakh under CGFSEL and loans of any amount with the stated 100% tangible collateral.
+ + 0.25%.
Value awaiting review
Value awaiting review
Value awaiting review
For previously identified CARES for Children beneficiaries only: eligible child must have lost both parents, the surviving parent or a legal/adoptive guardian to COVID-19 between 11 March 2020 and 31 December 2021, have been under 18 on the date of death, be resident in India and gain admission to recognized higher education in India by entrance/merit selection. The page allows a stated exception for certain postgraduate programmes admitting on work experience. New enrolment ended 31 December 2021.
NIL processing fee and NIL documentation charge for studies in India.
For loans above ₹7.50 lakh: IIM/IIT (excluding Vidyalaxmi), ISB Hyderabad/Mohali and IIFT Kolkata: 6.95% floating, 7.95% fixed up to 10 years or 8.45%above 10 years. FMS Delhi: 7.25% floating, 8.25% fixed up to 10 years or 8.75%above 10 years. Other listed Pratibha institutes: 7.85% floating, 8.85% fixed up to 10 years or 9.35%above 10 years.
(Repo Linked Lending Rate) plus the institute/amount-band spread published in PNB's current Pratibha table.
Value awaiting review
Maximum repayment period up to 15 years
repayment holiday is the course period plus 1 year.
Value awaiting review
Resident Indian admitted to listed regular full-time degree/diploma or postgraduate programmes
PNB also names selected executive programmes at IIMs, ISB, XLRI and NIBM. Institute/course-specific coverage is controlled by Annexures A/B.
Current PNB education-loan communication states nil processing/upfront and documentation charges for PNB Pratibha
Udaan charges are as per the applicable current schedule unless a concession is confirmed for the selected route.
Medical loans above ₹7.50 lakh with minimum 100% collateral: 8.10% p.a. (+). Other loans with minimum 100% collateral: 9.35% p.a. floating for non-female students or 8.85% for female students
fixed rates are 10.35%/10.85% and 9.85%/10.35% respectively for up to 10 years/above 10 years. Loans up to ₹7.50 lakh covered by CGFSEL: 10.10% p.a. floating for non-female students or 9.60% for female students
fixed rates are 11.10%/11.60% and 10.60%/11.10% respectively by tenure.
+
Value awaiting review
Maximum repayment period up to 15 years
the repayment holiday is the course period plus 1 year.
Value awaiting review
Indian national admitted to an eligible higher-education course in India. PNB lists parents, grandparents, spouse or parents-in-law as possible co-obligants.
Studies in India: NIL processing/upfront fee and NIL documentation charge under PNB's current retail-advance schedule.
Medical loans above ₹7.50 lakh with minimum 100% collateral: 8.10% p.a. (+). Top-50 institutes with minimum 100% collateral: 8.10% floating and 9.10%/9.60% fixed by tenure. Other loans with minimum 100% collateral: 9.35% floating for non-female students or 8.85% for female students
fixed 10.35%/10.85% and 9.85%/10.35% by tenure. Loans up to ₹7.50 lakh under CGFSEL: 10.10%/9.60% floating and 11.10%/11.60% or 10.60%/11.10% fixed, by student category and tenure.
+
Value awaiting review
Maximum repayment period up to 15 years
the repayment holiday is the course period plus 1 year.
Value awaiting review
Resident Indian admitted through entrance-test or merit selection, after Class XII or equivalent, to a recognized higher-education course abroad.
Studies abroad: 1% of the loan amount, minimum ₹10,000, refundable after the first disbursement under PNB's current retail-advance schedule.
PMVL-Utkarsh 6.90%, PMVL-Uttam 7.20% and PMVL-Uday 8.40% p.a., linked to
(External Benchmark Rate)
the education-loan rate floats for the full loan period.
Need-based loan up to ₹3 crore under the -Vidyalaxmi scheme.
↑
Up to 15 years, excluding the course period and moratorium.
No income ceiling for the loan: says students of all income groups are eligible. Household-income bands of up to ₹4.50 lakh and above ₹4.50 lakh through ₹8 lakh determine applicable interest-subvention support, not basic loan eligibility.
Graduation, postgraduate degree and diploma courses at Department of Higher Education-identified QHEIs in India, following open competitive or merit-based admission
No processing fee is stated on the product page. A ₹200 application fee plus is recovered only when the student avails the loan from .
6.90%–7.65% p.a. for listed institutions and qualifying takeovers
6.75% p.a. for students admitted to any IIT through 31 December 2026. The separate 6.75% offer for named IIM/BITS/IIFT/ISB/XIM/XLRI campuses expired 30 September 2026.
(External Benchmark Rate)
states that education-loan rates float for the entire loan period. Current is 7.90% p.a. (Repo Rate 5.25% + spread 2.65%).
Without tangible security: List ₹50 lakh, A ₹40 lakh, B ₹30 lakh and C ₹7.50 lakh
with full-value tangible collateral, need-based for /A/B and up to ₹1 crore for C
180 months
begins 12 months after course completion or six months after employment, whichever is earlier
Value awaiting review
Professional or technical study at an -listed premier Indian institution through entrance or selection, including published full-time degree/diploma, executive-management and selected part-time graduate/postgraduate courses
Nil
NIL in the shared Education Loan contingent-charge table.
8.65% p.a. for study in India and ordinary overseas study above ₹7.50 lakh
select overseas institutions: 8.65% unsecured up to ₹50 lakh or 8.15% secured. A 0.50 percentage-point girl-student concession applies to ordinary pricing
no concession on select-institution rates.
(External Benchmark Rate)
states that education-loan rates float for the entire loan period. Current is 7.90% p.a. (Repo Rate 5.25% + spread 2.65%).
Study in India follows current Student Loan limits
study abroad follows current Global Ed-Vantage limits, including the published ₹3 crore overall overseas ceiling
↑
180 months
Value awaiting review
Eligible serving or retired Defence, Indian Coast Guard or personnel, or their spouse or wards, with the co-borrower's qualifying salary or pension account maintained throughout the loan
Nil up to ₹20 lakh
₹10,000 plus tax above ₹20 lakh
NIL in the shared Education Loan contingent-charge table.
Current retail table: Inland/abroad/ Student Union Education up to ₹7.50 lakh is 10.00% p.a. for male students and 9.50% for female students
above ₹7.50 lakh is 9.75% and 9.25% respectively. Other premier, Vidyalaxmi and medical-institute tiers have separate published rates.
Union Bank's published reference benchmark is (Repo Rate), shown as 8.00% effective 13 June 2026 on the current loans-and-advances rate page. Product-specific premiums and concessions are shown separately in the retail table.
No single maximum amount is published on the reviewed Education Loan documents page
the current shows separate scheme quantum bands, including up to ₹150 lakh for a premier-abroad collateral tier and up to ₹200 lakh for a premier-medical tier.
Maximum repayment tenure is 15 years.
No fixed rupee income threshold is published. or income proof is required for the borrower, co-borrower or guarantor where applicable.
Education loans are available for courses in India and abroad. The application requires the student and any co-applicant/guarantor to provide , income proof and bank statements
caste certificate is requested where required for statistical purposes.
No numeric processing-fee amount or percentage is published on the reviewed product pages or in the current retail for this product family. The Union Vehicle page mentions a processing-fee cheque when applying, but does not publish the fee amount on the reviewed page.
No numeric prepayment or foreclosure charge is published on the reviewed product page or current retail table for this variant.
Education financing for undergraduate and graduate study in India or abroad. The current page publishes a 2% processing fee on the sanctioned loan amount
individual rate, amount and other terms are not stated there.
Value awaiting review
Value awaiting review
The page advertises ‘repayment of 15 years post completion of course’
it does not define the schedule or state whether this is a maximum tenure
Value awaiting review
Value awaiting review
2% of the sanctioned loan amount
Value awaiting review
Green marks the most favourable compatible published number or range in each column; incomparable units and overlapping range trade-offs remain neutral. It does not account for eligibility, service, exclusions or personal suitability.
Baroda Digital Education LoanBank of Baroda
