IDBI Bank Education Loan

IDBI Bank Education Loan

 from IDBI Bank aims at providing financial support to deserving / meritorious students for pursuing higher education in India and abroad. With an array of services to choose from and easy repayment options, IDBI Bank makes sure you get complete financial backing.

Interest Rates

Sanction amount up to Rs.10 lakhs 10.75% (BR+1.00%)
Sanction amount above Rs. 10 lakhs 11.75% (BR+2.00%)
Vocational Courses 10.75% (BR+1.00%)
Education Loans for students studying in Premier Education Institutes (including ISB) 9.75% (BR+0.00%)
Education Loan for other students who secured admission under Management Quota. 13.25% (BR+3.50%)

IDBI Bank’s Education Loan scheme comprises of four variants which are as under :

  • Education Loan scheme for Non Vocational Courses (including General offer, Education loan for students studying in Premier Education Institutes including ISB, Hyderabad, Education Loan for Chartered Accountancy Course offered by ICAI and Education Loan for Special Courses) Click Here for details
  • Educational Loan scheme for Vocational Courses Click Here for details
  • Education Loan scheme for the other students secured admission through Management Quota Click Here for details
  • Education Loan under Financial Inclusion Program (FIP) Click Here for details
  • To know General terms & conditions Click Here

Central Interest Subsidy Scheme on Education Loan

                                                                                                                             For further details, please click here