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Education Loan

Fund undergrad / postgrad in India or abroad — section 80E tax benefit included.

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Run the numbers — no phone needed

Why Education Loan via Praarabdh

Both Indian + foreign universities

Partner lenders cover IIT/IIM/AIIMS rates, plus US/UK/Canada/Australia top universities with collateral-free options up to ₹50 L.

Moratorium done right

Pay only simple interest during the course (or skip it entirely with a few partners) — then full EMIs start 6-12 months after course end.

Co-applicant guidance

We help you figure out whether co-applicant (parent vs spouse) makes more sense for your specific CIBIL and income mix.

Top 3 partner options — Education Loan

SBI

Repo + 2.00% (~10.10%)
₹10,000 processing fee
Domestic + foreign

HDFC Credila

10.50% p.a.
1.00% processing fee
Foreign education specialist

Bajaj Finserv

10.75% p.a.
1.50% processing fee
Quick approval

Indicative figures. Actual offer depends on your profile. Praarabdh is a Data Fiduciary under the DPDP Act, 2023.

Education Loan — frequently asked

What's the maximum loan amount?

₹1.5 Cr for foreign education at top-tier universities. ₹50 L collateral-free with select partners.

When do EMIs start?

Most loans have a moratorium covering course duration plus 6-12 months — so EMIs start after the student typically starts earning.

Is the interest tax-deductible?

Yes — 100% of interest paid on education loans is deductible under section 80E for up to 8 years from the year EMIs begin.

Do I need collateral?

Up to ₹50 L is collateral-free with most partners. Above that, either property collateral or a fixed-deposit lien is usually required.

Ready to apply for Education Loan?

One short form. We compare the panel for your profile. A real Praarabdh advisor calls within 48 hours.

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