Education Loan Interest Rate for Abroad

Starting at 8% p.a. | Compare education loan interest rates from 15+ leading banks and NBFCs in one place. Find the best loan for studying abroad, with or without collateral, and secure. Competitive rates starting from 8% p.a.

Collateral Loan

8.65% - 13%

Non-Collateral Loan

8.60% - 16%

Get Personalized Rates

Find the lowest interest rates tailored for your profile

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QUICK SUMMARY

Compare Best Education Loan Interest Rates With Student Cover

Quick comparison of average interest rates across major lender categories

Public Banks

Loan Options

Collateral Loan

Interest Range
8.65% - 13%

Non-Collateral Loan

Interest Range
8.60% - 16%

Private Banks

Loan Options

Collateral Loan

Interest Range
9.75% - 13%

Non-Collateral Loan

Interest Range
10% - 13%

NBFCs

Loan Options

Collateral Loan

Interest Range
9.5% - 11%

Non-Collateral Loan

Interest Range
10% - 13%

International Lenders

Loan Options

No-Cosigner Loan

Interest Range
10.25% - 12%
UNDERSTAND RATES

Types of Education Loan Interest Rates

Learn how different interest rate structures impact your monthly EMIs and total repayment amount

🔒

Fixed Interest Rate

Stable & Predictable
📈

Floating Interest Rate

Market Linked
Interest rate remains the same throughout the loan tenure.
Interest rate changes based on the lender's benchmark rate.
Monthly EMI stays fixed, making budgeting easier.
EMI or loan tenure may change when interest rates fluctuate.
Not affected by changes in RBI repo rates.
Initial rates are usually lower than those of fixed-rate loans.
Suitable for students who prefer predictable repayments.
Offered by most public and private banks.
🎯
Best ForBorrowers looking for stable monthly EMIs.
🎯
Best ForStudents seeking lower starting interest rates.
TOP LENDERS 2025

Compare Education Loan Interest Rates

Compare education loan interest rates from leading public and private banks, as well as NBFCs. Review interest rates, loan amounts, repayment tenure, collateral requirements, and processing fees to choose the best education loan for studying in India or abroad.

Avanse
Education Loan Specialist
10%*
Starting p.a.
Loan Amount
Property Value
Interest Rate Type
Floating
Credila
Study Abroad Specialist
9.50%*
Starting p.a.
Loan Amount
₹2 Crore
Interest Rate Type
Floating
Prodigy Finance
International Education Loans
10.25%*
Starting p.a.
Loan Amount
$2,20,000
Interest Rate Type
Floating
TATA Capital
Trusted Financial Solutions
10.25%*
Starting p.a.
Loan Amount
Property Value
Interest Rate Type
Floating
InCred
Smart Lending Solutions
10.50%*
Starting p.a.
Loan Amount
₹1.5 Crore
Interest Rate Type
Floating
Auxilo
Education Finance Experts
10%*
Starting p.a.
Loan Amount
Property Value
Interest Rate Type
Floating
Union Bank
Public Sector Banking
8.75%*
Starting p.a.
Loan Amount
₹1.5 Crore
Interest Rate Type
Floating
Yes Bank
Private Sector Banking
9.5%*
Starting p.a.
Loan Amount
Property Value
Interest Rate Type
Fixed
Axis Bank
Private Sector Banking
10.75%*
Starting p.a.
Loan Amount
₹2 Crore
Interest Rate Type
Floating
ICICI Bank
Private Sector Banking
9.75%*
Starting p.a.
Loan Amount
₹3 Crore
Interest Rate Type
Floating
IDFC First Bank
Private Sector Banking
9.5%*
Starting p.a.
Loan Amount
Property Value
Interest Rate Type
Floating
Avanse Global
International Student Loans
10.25%*
Starting p.a.
Loan Amount
$1,50,000
Interest Rate Type
Floating
PNB
Public Sector Banking
8.65%*
Starting p.a.
Loan Amount
No Upper Limit
Interest Rate Type
Floating
BOI
Public Sector Banking
9.10%*
Starting p.a.
Loan Amount
₹1.5 Crore
Interest Rate Type
Floating
MPower
International Education Loans
10.75%*
Starting p.a.
Loan Amount
$1,00,000
Interest Rate Type
Fixed
WHY STUDENTCOVER

Find the Best Education Loan Rates

Compare education loan interest rates from top banks and NBFCs, receive expert guidance, and choose the right loan with confidence, all in one place.

15+ Lenders, One Platform

Compare education loan interest rates from 15+ trusted public banks, private banks, and NBFCs without visiting multiple websites or branches.

Free Eligibility Check

Check your education loan eligibility instantly through a soft inquiry without affecting your CIBIL score or future loan applications.

EMI & Interest Calculator

Calculate your monthly EMI, total interest payable, and overall loan cost to compare multiple education loan offers with confidence.

Expert Loan Guidance

Receive end-to-end support from loan experts for lender selection, documentation, eligibility, and the complete education loan process.

Fast Loan Processing

Connect with trusted banks and NBFCs offering faster approvals and quick sanction letters to meet your admission and visa deadlines.

Collateral & Non-Collateral Loans

Compare loan options with or without collateral and choose the lender that best matches your financial profile and funding needs.

FINANCIAL IMPACT

Why Education Loan Interest Rates Matter

Even a small difference in your education loan interest rate can significantly affect the total amount you repay. Comparing lenders before applying can help you reduce your EMI and overall borrowing cost.

Lower Interest means Lower Repayment

A lower education loan interest rate reduces both your monthly EMI and the total interest paid over the loan tenure, helping you save money in the long run.

Better Monthly Budget

Lower EMIs make it easier to manage your monthly expenses while studying or after graduation, reducing financial pressure during repayment.

Choose the Right Interest Type

Understanding the difference between fixed and floating education loan interest rates helps you select a loan that matches your repayment plans and financial goals.

STUDENT STORIES

Success Stories from Our Students

Hear how StudentCover helped students secure lower interest rates for top universities worldwide

"StudentCover helped me compare public vs private bank rates. They negotiated an 8.55% interest rate with SBI, saving me over ₹2.8 Lakhs during my repayment tenure!"

Rohan Sharma
MS in Computer Science | Northeastern University, USA
Saved 0.75% Interest (SBI Education Loan)

"I needed a non-collateral loan urgently. StudentCover got my HDFC Credila loan approved at a discounted rate within 3 days without any physical branch visits."

Ananya Patel
MBA in Finance | Imperial College London, UK
Saved 0.50% Interest (HDFC Credila)

"Without an Indian co-signer, getting a loan felt impossible until StudentCover connected me with USD foreign currency options at competitive interest rates."

Siddharth Verma
Data Science | University of Toronto, Canada
No Co-Signer Needed (Prodigy Finance)

NEED HELP CHOOSING THE RIGHT INTEREST RATE?

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