Student Education Loan Interest Rates 2025 – 2026: The education fees of under-graduate (UG) and post-graduate (PG) courses are constantly being revised by different government and private institutes. This revision in fees is making it difficult for the parents to manage the expenses thus, affecting the quality of education of their children.
To overcome this, our government has been controlling the Education Loan Interest Rates in the best way possible. In this article, you can find Interest Rates on Education Loan offered by various banks such as State Bank of India, ICICI, HDFC, Axis Bank and many other government and private banks.
Student Education Loan Interest Rates 2025
An education loan is the best financial assistance a parent/ guardian can get to provide admit their child in Top Colleges of India for higher education. However, there are different options available in different states of the country. So, we are providing you with the Interest Rates on Education Loan of national banks so that you can compare and get the best loan as per your need. Also, the Student Education Loan Interest Rates vary as the loan amount is increased or decreased.
Education Loan Interest Rates 2025
The Government of India has also framed the Education Loan Scheme which is administered by Reserve Bank of India (RBI) and Indian Banker’s Association (IBA). To implement this education loan scheme, a portal named Vidya Lakshmi Portal has also been established by the authority on which parent/ guardian can get an education loan quiet easily. However, we are providing the Education Loan Interest Rates charged by various banks in India:
| Education Loan Interest Rate 2025 | |
|---|---|
| Bank | Current Rate of Interest |
| Union Bank Of India |
|
| IDBI Bank | 9.50% |
| Bank Of Baroda |
|
| Bank of India | 10.35%-11.65% |
| Dena Bank | 9.33% |
| Axis Bank | ~9.95% |
| State Bank of India | 8.50% – 10.75% |
| Syndicate Bank | 10.25% for Males and 09.75% |
| Canara Bank | 11.35% and for girls 10.85% |
| Vijaya Bank | 10.25%-12.05% |
| Indian Overseas Bank | 10.25-15.25% |
| Note: All Above data is taken from Internet sources make sure to verify by going through Banks. | |
Education Loan Benefits
- The education loans are easily accessible in all the areas of the country.
- No gender or caste specific rules are implied on the education loans by the government.
- The education loan can be opted for any course (under-graduate (UG), post-graduate (PG)).
- The government is also supporting education loans by launching Education Loan Scheme.
- Girl students are offered an extra concession on Interest Rates of Education Loans.
- The tenure of the loan can be started upto 5-7 year after the completion of course.
