Health
Financing international education doesn’t have to be overwhelming. With the right loan, you can minimise debt while maximising opportunities. Here are seven of the most affordable education loan options for Indian students heading abroad.
SBI offers education loans up to ₹1.5 crore with interest rates starting around 10.15% p.a. (as of July 2025). No collateral required for amounts up to ₹7.5 lakh.
Health 1. SBI GLOBAL ED-VANTAGE SCHEME
Customised for study abroad, Credila (now part of HDFC Bank) provides flexible repayment and competitive rates—starting near 11.25%, depending on profile and university.
Health 2. HDFC CREDILA EDUCATION LOAN
Interest rates begin at around 9.85%, and female students receive a 0.50% concession. Covers tuition, travel, and living costs, with repayment after course completion.
Health 3. BANK OF BARODA BARODA SCHOLARS LOAN
Axis offers study abroad loans up to ₹75 lakh, with rates starting from 13.70%, but they’re negotiable for top universities or strong co-applicant profiles.
Health 4. AXIS BANK EDUCATION LOAN
Union Bank’s Vidyarthi Scheme offers loans with interest starting at 10.05%, no margin money up to ₹4 lakh, and simple documentation.
Health 5. UNION BANK OF INDIA EDUCATION LOAN
Avanse caters to students in emerging fields like AI, design, or aviation. Rates vary but often begin near 12.75%, with no upper limit on sanctioned amount.
Health 6. AVANSE FINANCIAL SERVICES
Popular among Indian students at top global B-schools and STEM courses, Prodigy offers no-collateral loans in USD or EUR, with variable interest rates starting from 11.50% (APR-based).
Health 7. PRODGY FINANCE (INTERNATIONAL)
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