Finance Your Study Abroad Dreams
Turn your international education aspirations into reality with Aavanto's comprehensive education loan solutions. Competitive rates, flexible repayment options, and hassle-free processing for your overseas studies.
Education Loan Options
Choose from our trusted banking partners for your study abroad financing
Private Banks
Axis Bank
ICICI Bank
IDFC Bank
CSB Bank
Yes Bank
PSU Banks
Union Bank of India
Punjab National Bank
Top NBFCs for Education Loans
Quick approvals and flexible loan options up to ₹3 Cr with processing in 3-7 days
Auxilo Finserve
Credila
Avanse Financial
InCred
Propelld
Why Choose NBFCs for Education Loans?
Faster Processing
Get loan approval in 2-7 days compared to 2-4 weeks in banks
Flexible Terms
More flexible eligibility criteria and loan terms
Collateral Free Options
Get up to ₹50 lakhs without any collateral
Digital Process
100% online application and documentation process
Compare 37 Education Loan Providers
Official rates, collateral conditions, and brand profiles across Public Banks, Private Banks, NBFCs, and International Lenders.
| Provider Name | Category | Interest Rate (p.a.) | Collateral-Free? | Action |
|---|---|---|---|---|
SBI — Global Ed-VantageVerified Rate Official rate schedule published for selected cases at premier overseas institutions. | Public-sector Bank | 8.90%–9.40% published for selected cases; verify current applicable rate | Both | |
SBI — Student LoanUp to ₹7.5L Easy | Public-sector Bank | 9.90% listed for loans up to ₹7.5 lakh | Both, depending on amount and scheme | |
Punjab National Bank — UdaanFrom 8.10% Rate Official PNB Udaan rate table for eligible secured overseas students. | Public-sector Bank | 8.10% published for certain fully secured eligible cases; other cases differ | Both, depending on amount and scheme | |
Bank of Baroda — Baroda Scholar | Public-sector Bank | Verify current rate | Conditional | |
Bank of India — Star Education Loan | Public-sector Bank | Verify current rate | Conditional | |
Canara Bank | Public-sector Bank | Verify current rate | Conditional | |
Union Bank of India | Public-sector Bank | Verify current rate | Conditional | |
Bank of Maharashtra | Public-sector Bank | Verify current rate | Conditional | |
Central Bank of India | Public-sector Bank | Verify current rate | Conditional | |
Indian Bank | Public-sector Bank | Verify current rate | Conditional | |
Indian Overseas Bank | Public-sector Bank | Verify current rate | Conditional | |
Punjab & Sind Bank | Public-sector Bank | Verify current rate | Conditional | |
UCO Bank | Public-sector Bank | Verify current rate | Conditional | |
ICICI BankFast Disbursal | Private-sector Bank | Indicative rates need current lender confirmation | Both, subject to eligibility | |
Axis BankUp to ₹3 Cr | Private-sector Bank | Verify current rate and benchmark | Both, for eligible products | |
IDFC FIRST Bank | Private-sector Bank | Verify current rate | Conditional | |
HDFC Bank | Private-sector Bank | Verify current direct lending product | Verify product | |
YES BANK | Private-sector Bank | Verify current overseas loan offering | Verify product | |
Federal Bank | Private-sector Bank | Verify current rate | Conditional | |
Karnataka Bank | Private-sector Bank | Verify current rate | Conditional | |
Karur Vysya Bank | Private-sector Bank | Verify current rate | Conditional | |
City Union Bank | Private-sector Bank | Verify current rate | Conditional | |
South Indian Bank | Private-sector Bank | Verify current rate | Conditional | |
Tamilnad Mercantile Bank | Private-sector Bank | Verify current rate | Conditional | |
RBL Bank | Private-sector Bank | Verify current direct overseas loan offering | Verify product | |
Credila Financial ServicesMost Popular NBFC | Education finance NBFC | Verify current personalised offer | Both | |
Avanse Financial ServicesFast Disbursal | Education finance NBFC | Verify current personalised offer | Both | |
Auxilo FinserveHigh Approval Rate | Education finance NBFC | Verify current personalised offer | Both | |
InCred Finance | Education finance NBFC | Verify current personalised offer | Both | |
Tata CapitalTata Trust | NBFC | Verify current education-loan rate | Product-dependent | |
Poonawalla Fincorp | NBFC | Verify active overseas education product | Verify product | |
Propelld | Education finance candidate | Verify current offer | Verify product | |
Edgro | Education finance candidate | Verify current offer | Verify product | |
Kuhoo | Education finance candidate | Verify current offer | Verify product | |
Eduvanz | Education finance candidate | Verify current overseas product | Verify product | |
Prodigy FinanceNo Co-signer Needed Denominated in foreign currency (USD/GBP/EUR). Based on future earning potential. | International education lender | Variable; check current offer and fees | Yes, for eligible programmes | |
MPOWER FinancingFixed Rate Overseas Fixed rate protection for study in US & Canada with zero collateral. | International education lender | Check current offer; may vary by programme and borrower | Yes, for eligible programmes |
Official Notice: Sources include SBI official rate tables & Global Ed-Vantage scheme terms, and PNB official Udaan rate tables. All rates are scheme-specific and subject to underwriting approval. Collateral column indicates availability for eligible applicants, not guaranteed approval.
Education Loan to Study in the USA
Join over 3 lakh Indian students who chose the USA in 2023-24. Get comprehensive financing for your American dream with competitive rates starting at 9.5%
Why Choose USA for Higher Education?
World-Class Universities
Top-ranked institutions globally
Global Career Prospects
Excellent job opportunities
Research & Innovation
Cutting-edge facilities
Flexible Education System
Diverse course options
The USA continues to deliver unmatched value in higher education. An education loan helps you cover tuition, housing, books, travel, and daily expenses without depleting family savings. Plus, an approved loan serves as valid proof of funds for your US student visa application.
Types of Education Loans for USA
| Feature | Secured Loan (With Collateral) |
|---|---|
| Collateral Required | Yes – Property, FD, LIC, land, etc. |
| Offered By | Mostly public sector banks |
| Interest Rate | Lower (due to lower risk) |
| Loan Amount Basis | Based on collateral value |
| Co-applicant | Usually required |
| Ideal For | Students with family-owned assets |
| Repayment Tenure | Generally longer (up to 15 years) |
| Processing Time | Slightly longer (collateral evaluation) |
Ready to Fund Your American Dream?
Get expert guidance on securing the best education loan for USA studies. Our team has helped thousands of students achieve their goals.
Education Loan to Study in the UK
Join the 54% surge in Indian students choosing UK universities. Finance your British education with flexible loan options and competitive rates.
The UK remains one of the most preferred destinations for higher education, offering world-class universities and strong career pathways. However, tuition fees, accommodation, travel, and day-to-day expenses often cross ₹30 lakhs. An education loan covers these expenses, easing the financial burden on families while serving as financial proof for your UK visa application.
Why Study in the UK?
Quality Education
Globally recognized degrees
Shorter Courses
1-year master's programs
Cultural Diversity
Multicultural environment
Work Opportunities
Post-study work visa
UK Education Loan Types
| Feature | Secured Loan | Unsecured Loan |
|---|---|---|
| Collateral | Property, FD, insurance, land | Not required |
| Lenders | Public & private banks | Private banks & NBFCs |
| Interest Rate | Lower | Higher |
| Loan Amount | Based on collateral value | Based on income & credit score |
| Co-applicant | Usually required | Mandatory |
| Processing Time | May take longer | Generally faster |
Why Choose Aavanto for Your Education Loan?
We simplify the loan process for both USA and UK studies, ensuring you get the best rates and fastest approval
15+ Bank Partnerships
Access to leading banks and NBFCs for best rates
Fast Processing
15-30 days approval with priority support
Expert Guidance
Dedicated loan advisors throughout the process
Competitive Rates
Starting from 9.5% with special discounts
Up to ₹3 Cr
Maximum loan amount with flexible terms
No Hidden Charges
Transparent pricing with no surprises
Frequently Asked Questions
Get answers to common questions about education loans for USA and UK
Ready to Start Your Study Abroad Journey?
Get expert guidance on education loans and make your international education dreams a reality