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From which banks can I get an education loan for studying abroad?

17 Aug 2026 · Answered by Muskan Vashishtha · 1 min read
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You can get an education loan for studying abroad from several major Indian banks. Common options include:

- State Bank of India (SBI): Up to ₹3 crore, collateral-free up to ₹50 lakh for select institutions, up to 15 years repayment.
- ICICI Bank: Up to ₹3 crore, collateral may be required, flexible repayment.
- HDFC Bank: No upper limit for abroad with collateral, up to 14 years repayment.
- Axis Bank: Up to ₹75 lakh or more, sometimes collateral-free for premier courses, flexible tenure.
- Bank of Baroda: Up to ₹1.5 crore, collateral-free up to ₹40 lakh for select institutes.
- Union Bank of India: Up to ₹40 lakh without collateral, flexible options.
- IDBI Bank: Up to ₹70 lakh, collateral above ₹4 lakh, up to 15 years repayment.
- Punjab & Sind Bank, Canara Bank, Bank of India, IDFC First Bank, Punjab National Bank: Also offer education loans with varying limits and collateral requirements.

Loan amounts, collateral, and repayment terms vary by bank and are subject to change.

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