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OnePaisa — Smart Finance for India

Education Loan (Abroad)

11 lenders · rates from 8.5% · unsecured, up to ₹2Cr

Check Your Rate →Soft check · won’t affect your credit score

Live rate table

Sortable · date-stamped
11 lenders
IDFC FIRST Bank logo
IDFC FIRST Bank
Bank
1.5% fee · ₹1.5Cr max
Get Offer
S
State Bank of India
Bank
Varies fee · ₹2Cr max
Get Offer
RBL Bank logo
RBL Bank
Bank
2% fee · ₹2Cr max
Get Offer
Tata Capital logo
Tata Capital
NBFC
2% fee · ₹2Cr max
Get Offer
Axis Bank logo
Axis Bank
Bank
Varies fee · ₹2Cr max
Get Offer
ICICI Bank logo
ICICI Bank
Bank
Varies fee · ₹2Cr max
Get Offer
MPOWER Financing logo
MPOWER Financing
Foreign · not RBI
Varies fee · ₹2Cr max
Get Offer
HDFC Credila logo
HDFC Credila
NBFC
Varies fee · ₹2Cr max
Get Offer
Avanse Financial logo
Avanse Financial
NBFC
Varies fee · ₹2Cr max
Get Offer
Prodigy Finance logo
Prodigy Finance
Foreign · not RBI
Varies fee · ₹2Cr max
Get Offer
Bank of Baroda logo
Bank of Baroda
Bank
Varies fee · ₹2Cr max
Get Offer
Estimate your EMI ~30 sec · indicative
Estimated EMI
₹47,509/mo
Get offers at this amount →
Eligibility for Education Loan (Abroad) depends on your co-applicant’s income and the course cost. Start an application for a real answer.
EMI examples · at 8.5% p.a.
₹18L · 5 yr
₹36,930/mo
₹30L · 7 yr
₹47,509/mo
₹48L · 10 yr
₹59,513/mo

Eligibility

ApplicantStudent with a co-applicant; some NBFCs offer no-collateral to higher limits
AdmissionOffer from a recognised overseas institution
CollateralAbove a threshold, or for larger amounts
MoratoriumCourse duration + 6 – 12 months

Documents

  • PAN and Aadhaar
  • Admission/I-20 + cost of attendance
  • Co-applicant income + collateral papers
  • Test scores / academic records

Fees & charges

Processing feePer each lender’s schedule
Forex / disbursalCurrency conversion + remittance charges apply
Interest during moratoriumAccrues; terms vary by lender

Tax: interest is deductible under Section 80E (no cap, up to 8 years). Foreign lenders (labelled below) are not RBI-regulated — read their terms carefully.

FAQ

They lend without Indian collateral and are useful for some students, but they are NOT RBI-regulated — shown here with a distinct badge. Compare their all-in USD cost against an RBI-registered Indian lender before deciding.

Every row is date-stamped with the day we last checked it, and links to the lender’s published material so you can confirm it yourself. A row we confirmed against the source reads “Verified”; one we could only sight reads “as of”, and is not presented as confirmed. Anything we have not re-checked in 60 days is marked “rate under review” rather than left to look current. We do not claim a fixed re-checking cycle — the date on each row is the honest answer.

No. Viewing rates is not a credit enquiry and has no score impact. A hard enquiry happens only when you formally apply to a lender.

Every rate is date-stamped and linked to the lender’s published material · RBI-registered lenders only
Best rate today8.5% · IDFC FIRST Bank
Check your rate