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Takes 3 minutes. No impact on your credit score. We'll match you to the right lender for pre-approval.
Calculate exact EMI, total interest, and total payable amount for any loan amount and interest rate
Monthly EMI in ₹ for common loan amounts at different interest rates
* Repayment starts after moratorium (course duration + 1 year). Actual EMI depends on exact interest rate and compounding.
Honest reference comparison. We have no commercial tie-up with the banks and government schemes below — they're listed purely so you can weigh them against our partners.
Scholarships most students miss. Apply through NSP (scholarships.gov.in) for government schemes.
Even if you're also taking a loan — you don't know what you'll get. Apply for all scholarships you're eligible for before finalizing the loan amount.
SBI, BoB, Canara Bank offer lower rates (8.5–10%) vs NBFCs (11–15%). Apply to a government bank first even if it's slower.
Interest accrues during moratorium but isn't paid. Simple interest may become compound interest after course. Pay interest during course if you can, to avoid ballooning debt.
Full interest paid on education loan is deductible under Section 80E — no upper limit. Claim this from year 1 of repayment for up to 8 years.
Banks like SBI give 0.5–1% interest concession if you maintain good CGPA (usually 6.0+). This can save ₹50,000–2L on a large loan.
Education loans are for degree courses, not coaching institutes. Don't use personal loans at 15–18% for JEE/NEET coaching fees.
Our counselors have helped 10,000+ students plan education loans, find scholarships, and choose the right college given financial constraints.