Best 2023 Student Loans in India 🎓

Education is costly, and many students face financial challenges, leading them to drop out or take loans for further studies.

[{"selector":"#anim-fb37982b-24a7-4124-9ae5-e29154a4a58d [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(-31.371753133717768%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] [{"selector":"#anim-1feeafab-b5d1-4812-b14e-587106cc25a3","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-798896e3-9165-4c91-9e45-3f9e133986c6","keyframes":{"transform":["translate3d(0px, 128.54135%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}]

Education loans from banks can be a helpful solution to complete your education.

[{"selector":"#anim-5510ea6e-d9a3-4a8d-a9e4-9069723efb3c [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(-31.371753133717768%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] [{"selector":"#anim-a850e3e2-6330-4778-9c6d-842518d4d921","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-fb8a29e3-fd4d-4283-be84-15b3bc8f1678","keyframes":{"transform":["translate3d(0px, 191.00153%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}]

These loans are available for studies in India and abroad, offered by public and private sector banks.

[{"selector":"#anim-9ff550c3-d5e4-4f72-930b-2cc822e8d4dc [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(-31.371753133717768%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] [{"selector":"#anim-dfad452b-6603-4ee9-8090-20232f6cea7d","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-2a4c1b29-5a3c-485a-89f2-49baaf84d489","keyframes":{"transform":["translate3d(0px, 154.10356%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}]

Public and private sector banks generally offer lower interest rates compared to non-banking financial companies.

[{"selector":"#anim-2c07b620-9783-4020-b239-9094c8a579a4 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(-31.371753133717768%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] [{"selector":"#anim-466c478b-555a-4440-be0f-08cd7abd7571","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-d0086972-5c16-495f-8136-8c2ff424faed","keyframes":{"transform":["translate3d(0px, 130.39529%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}]

Forbes Advisor conducted a survey to identify the best student loans in India.

[{"selector":"#anim-f1084259-d6c6-4e21-b50d-249c3eb48a0e [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(-31.371753133717768%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] [{"selector":"#anim-54af2f46-a609-4461-97a5-51e00bd4e654","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-704feb24-98d0-4ca6-9dec-412b245b5e9c","keyframes":{"transform":["translate3d(0px, 161.42410%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}]

State Bank of India (SBI) offers student loans for both domestic and international education, including skill-based loans.

[{"selector":"#anim-c708614c-2f41-4b73-a8c3-93792d3a9b90 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(-31.371753133717768%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] [{"selector":"#anim-3e421dc0-f801-470b-9387-e62e9291b3e7","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-6af81dae-35de-47d8-84ea-28a471a01770","keyframes":{"transform":["translate3d(0px, 128.95297%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}]

SBI provides 100% loans at low interest rates for students admitted to premier institutions.

[{"selector":"#anim-2966ad1a-7076-49cf-919f-a2bfce3c4fb1 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(-31.371753133717768%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] [{"selector":"#anim-7eae69d1-2eba-4188-b4c4-f0313933e8dd","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-f49b0375-4924-4fbb-bf8f-b6a8c5027b9c","keyframes":{"transform":["translate3d(0px, 152.39900%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}]

Punjab National Bank provides education loans for Indian and overseas colleges, including support for OCI students and disabled students.

[{"selector":"#anim-726636b9-5ed6-41b1-8e41-a7fe47c6e76b [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(-31.371753133717768%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] [{"selector":"#anim-b6a1a89e-33dd-48e0-8487-e3ba8deb40d5","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-7070448b-0f13-4ad6-bd73-1168c54acbe2","keyframes":{"transform":["translate3d(0px, 124.47198%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}]

Bank of Baroda offers student loans with unique features, including lower interest rates for female students studying abroad.

[{"selector":"#anim-24896391-b122-4e92-b6dd-6e6a3ff31168 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(-31.371753133717768%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] [{"selector":"#anim-59d6665f-85d9-4ceb-b682-3fd3cb929675","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-7ac575c9-1a17-4656-a20f-ea2927e479a3","keyframes":{"transform":["translate3d(0px, 124.47198%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}]

ICICI Bank and Bank of India also offer education loans for students in India and abroad, with co-applicant options for lower interest rates.

[{"selector":"#anim-19ac1189-bdbe-4b66-8d6f-b8454df584ad [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(-31.371753133717768%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] [{"selector":"#anim-3422c852-7856-4b99-a8a8-e060c0549e60","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-22a485d3-f1f5-4f6b-b04a-5833d4a9423b","keyframes":{"transform":["translate3d(0px, 223.60155%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] Know more Loans