LeapScholar

Is it possible to apply for education loans through your agency and what is the interest rate?

27 Aug 2026 · Answered by Thaiba Nazreen · 1 min read
Thaiba Nazreen
Thaiba Nazreen Verified
Leap Scholar's Counsellor
View Profile →

Typical education loan interest rates in India are:
- 8% to 14% per annum depending on the lender and your credit profile
- Public sector banks: usually start from 8.5% to 10.8%
- Private banks/NBFCs: often start from 10% or more

Rates are subject to change and vary with collateral, loan amount, and other factors.

Will you qualify for an India education loan?

Collateral, co-applicant income and repayment. Check your eligibility in minutes.

4.7/5 Google 🎓 25K+ admits
Check Loan Eligibility

More Cost & living questions

More India questions

🎓 Will you get a study loan for India? Check Loan Eligibility