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We work with trusted lenders such as Credila, Axis Bank, ICICI Bank, Saraswat Bank, Auxilo Finance, and IDFC FIRST Bank to provide students with flexible education loan solutions. Whether you are planning to study in India or abroad, these lenders offer competitive interest rates, quick approval processes, and convenient repayment options.
Also, check the blog post on: Collateral-Free Education Loans in India
By comparing multiple education loan providers in one place, students and parents can easily understand loan features, eligibility criteria, and financing options before applying.
Use the “Check Criteria” option below each lender to explore the eligibility requirements and choose the best education loan partner for your academic journey.

Credila is India’s leading education loan provider, offering flexible loans for students pursuing higher studies in India and abroad, with quick approval, 100% financing, and tailored repayment options.

Saraswat Bank is one of India’s largest cooperative banks, providing a wide range of banking services including savings and current accounts, loans, deposits, and digital banking solutions.

Axis Bank is a leading private sector bank in India, offering comprehensive banking services including savings and current accounts, loans, credit cards, investment solutions, and digital banking facilities.

Auxilo is an RBI-registered NBFC providing education loans for students in India and abroad, offering flexible loan amounts, easy repayment options, and quick processing.

IDFC FIRST Bank is a digital-first private sector bank in India, offering a wide range of banking services with a focus on customer-centric solutions.

ICICI Bank is a leading private sector bank in India, providing a wide array of banking and financial services with a strong digital presence.
Compare interest rates, repayment options, lender reputation, and loan benefits to choose the best education loan for your higher education journey.
Compare multiple lenders and choose an education loan with affordable interest rates to reduce your repayment burden.
Select reputed banks and NBFCs that offer transparent policies and reliable customer support.
Choose lenders with a simple documentation process for faster verification and approval.
Look for flexible EMI plans, repayment tenure, and moratorium periods that suit your financial goals.
Choose lenders that provide fast approval and timely loan disbursement without unnecessary delays.
Ensure your education loan covers tuition fees, accommodation, books, travel, insurance, and other study-related expenses.
| Bank / NBFC | Type | Loan Amount | Interest Rate | Tenure | Key Benefits | Best For |
|---|---|---|---|---|---|---|
| ICICI Bank | Bank | Up to ₹2 Cr | 8.50%–13.75% | Up to 15 Years | Lower interest for secured loans | Study in India & Abroad |
| Axis Bank | Bank | ₹50,000–₹1.5 Cr | 8%–16% | Up to 20 Years | No prepayment charges | Large Education Loans |
| IDFC FIRST Bank | Bank | Up to ₹2 Cr | Competitive | Up to 15 Years | Covers tuition, travel & laptop | Study Abroad Students |
| Saraswat Bank | Bank | Up to ₹3 Cr | 8.20%–9.70% | Up to 15 Years | Lower rates for female students | Collateral Loans |
| Credila | NBFC | No Limit (Secured) | 9.95%–11.25% | Up to 15 Years | Fast processing | Study Abroad |
| Auxilo | NBFC | Flexible | From 9.5% | Up to 10 Years | Fully digital process | Abroad without Collateral |
Choosing the right education loan bank can be confusing.
Our education loan experts will help you compare banks, check eligibility, and get the best interest rate for your studies in India or abroad.
Hexafin is a India’s No.1 Loan Consulting & Distribution Company, helping students secure the right financing for studies in India and abroad. With access to 70+ banks & NBFCs, we simplify the loan process from application to disbursement.
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