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Premier-institute education loans

Compare education finance specifically tied to government-identified QHEIs or -listed premier Indian institutions.

	Filter Interest rate Below 7%27–9%1	Filter Benchmark EBLR2Repo rate linked1Floating rate1 Matches any selected option	Filter Maximum finance Above ₹1 crore1	Filter Maximum tenure Up to 1 year31–5 years35–10 years3Above 10 years4	Filter Minimum income Above ₹1 lakh2	Filter Eligibility Self-employed / business1NRI1Youth / minor3 Matches any selected option	Filter Processing fee Nil / no fee3Percentage-based fee1Flat rupee fee2GST / tax additional2 Matches any selected option	Filter Prepayment / closure No penalty / charge4
Star PM-Vidyalaxmi Education LoanBank of India	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.	No prepayment penalty.
Bank of Maharashtra PM-Vidyalaxmi Education LoanBank of Maharashtra	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) excluding where applicable.	Nil.
SBI PM-Vidyalaxmi Education LoanState Bank of India	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 .	No prepayment charge.
SBI Scholar LoanState Bank of India	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.

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.

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