Best Education Loans in India — March 2026
4 offers from 17+ lenders. Updated today.
Sort by:
4 results
Stat
State Bank of India
★
4.6
(9,870)
Interest Rate
8.5% - 10.5%
Loan Amount
₹100K — ₹150L
Tenure
60 — 180 months
Processing Fee
Nil
No processing fee
Moratorium period
Tax benefit u/s 80E
456 applied today
HDFC
HDFC Bank
★
4.4
(5,430)
Interest Rate
9.0% - 13.25%
Loan Amount
₹100K — ₹100L
Tenure
12 — 120 months
Processing Fee
1.00%
Covers all expenses
Study abroad loans
Quick processing
234 applied today
Axis
Axis Bank
★
4.2
(3,210)
Interest Rate
9.7% - 13.7%
Loan Amount
₹50K — ₹75L
Tenure
12 — 120 months
Processing Fee
1.00%
Online application
Partial disbursement
Tax benefits
123 applied today
IDFC
IDFC First Bank
★
4.2
(2,340)
Interest Rate
9.0% - 14.0%
Loan Amount
₹100K — ₹50L
Tenure
12 — 120 months
Processing Fee
1.50%
Quick approval
Flexible repayment
No collateral up to 7.5L
87 applied today
Everything You Need to Know About Education Loans
Compare the best education loans from top Indian banks and NBFCs. JaldiMoney helps you find the lowest rates, check your eligibility, and apply online — all in one place.
Use the filters above to narrow down offers based on your requirements. Check your free credit score first for the most accurate rate estimates.
Frequently Asked Questions
What is the minimum credit score for a education loan?
Most lenders require a minimum credit score of 650-700 for education loans. However, some NBFCs and fintechs may approve loans with scores as low as 600, albeit at higher interest rates. Check your free credit score on JaldiMoney to know where you stand.
How long does approval take?
Many lenders now offer instant or same-day approval for pre-approved customers. For new applications, approval typically takes 1-7 days depending on the lender and loan type.
Does comparing on JaldiMoney affect my credit score?
No. Comparing offers on JaldiMoney does not trigger a hard inquiry on your credit report. Your score is only affected when you formally apply with a specific lender.