Filters
Bank Name Interest Rate(%) Processing Fee Range Loan Amount Tenure Range Action
Kotak Mahindra Bank 8.50% 0.50% + ST 300000 - 300000000 3-20 Years Eligible Documents
Bank Name Interest Rate(%) Processing Fee Range Loan Amount Tenure Range Action
PNB HOUSING FINANCE LTD 8.6%-8.95% 10,000/0.50% + ST 300000 - 300000000 1-30 Years Eligible Documents
Bank Name Interest Rate(%) Processing Fee Range Loan Amount Tenure Range Action
HDFC LTD 8.35%-8.95% 0.50%/Rs 3000 + Tax 500000 - 50000000 5-30 Years Eligible Documents
Bank Name Interest Rate(%) Processing Fee Range Loan Amount Tenure Range Action
DHFL 9%-9.75% 5,000 to 20,000 One time fee 300000 - 300000000 5-30 Years Eligible Documents
Bank Name Interest Rate(%) Processing Fee Range Loan Amount Tenure Range Action
ADITYA BIRLA FINANCE 8.55% - 8.99% 5,000 to 10,000 One time fee 300000 - 300000000 1-30 Years Eligible Documents
Bank Name Interest Rate(%) Processing Fee Range Loan Amount Tenure Range Action
LIC HOUISING FIANANCE 8.15% - 8.19% Upto 0.50% 300000 - 300000000 5-30 Years Eligible Documents
Bank Name Interest Rate(%) Processing Fee Range Loan Amount Tenure Range Action
State Bank of India 8.35% 10000+GST 300000 - 300000000 1-30 Years Eligible Documents
Bank Name Interest Rate(%) Processing Fee Range Loan Amount Tenure Range Action
INDIABULLS 8.40%-10.05% Up to 0.5% One time fee 300000 - 300000000 1-30 Years Eligible Documents
Bank Name Interest Rate(%) Processing Fee Range Loan Amount Tenure Range Action
Axis Bank 8.35%-11.75% 0.50% (min. ₹10000) 300000 - 300000000 1-30 Years Eligible Documents
Bank Name Interest Rate(%) Processing Fee Range Loan Amount Tenure Range Action
SHRIRAM Housing Finance 12.5% 0.25% 300000 - 300000000 1-30 Years Eligible Documents
Bank Name Interest Rate(%) Processing Fee Range Loan Amount Tenure Range Action
Bank of Baroda 8.35%-9.35% 7,500 to 20,000 300000 - 300000000 1-30 Years Eligible Documents
Bank Name Interest Rate(%) Processing Fee Range Loan Amount Tenure Range Action
HDFC Bank 8.35%-8.60% 0.50%/Rs 10,000 + ST 300000 - 300000000 1-30 Years Eligible Documents
Bank Name Interest Rate(%) Processing Fee Range Loan Amount Tenure Range Action
ICICI Bank 8.40%-8.85% 0.5% (max 11,800)One time fee 300000 - 300000000 5-20 Years Eligible Documents
Bank Name Interest Rate(%) Processing Fee Range Loan Amount Tenure Range Action
Yes Bank 9.25% 0.25% 300000 - 300000000 1-25 Years Eligible Documents
Bank Name Interest Rate(%) Processing Fee Range Loan Amount Tenure Range Action
IDBI Bank 9.30% 0.25% 300000 - 300000000 1-25 Years Eligible Documents
Bank Name Interest Rate(%) Processing Fee Range Loan Amount Tenure Range Action
Union Bank of India 9.50% 0.25% 300000 - 300000000 1-30 Years Eligible Documents
Bank Name Interest Rate(%) Processing Fee Range Loan Amount Tenure Range Action
Indian Bank 9.55% 0.25% 300000 - 300000000 1-20 Years Eligible Documents
Bank Name Interest Rate(%) Processing Fee Range Loan Amount Tenure Range Action
Vijaya Bank 9.65% 0.25% 300000 - 300000000 1-30 Years Eligible Documents
Bank Name Interest Rate(%) Processing Fee Range Loan Amount Tenure Range Action
Federal Bank 9.68% 0.25% 300000 - 300000000 1-30 Years Eligible Documents
Bank Name Interest Rate(%) Processing Fee Range Loan Amount Tenure Range Action
Reliance 9.75% 0.25% 300000 - 300000000 1-30 Years Eligible Documents

Overview

Education Loan Online

Education is the only way for progress. But is today’s scenario, Education and especially Higher education has become very expensive. Specialized courses which ensure high salaries are also an expensive proposition and normally will be out of bounds for the common man because of financial constraints. An Education Loan can help fulfill these ambitions.

In simple words an Education Loan is the Loan provided by Banks and Financial Institutions for the sole purpose of funding an individual’s education within India or Abroad.

In most cases , Education loans covers the Tuition fee, Cost of study materials like Books, Laptop etc, Exam fee, Hostel fee etc. This could differ in Loans from different Financial Institutes.

Every Bank / Financial Institute has a list of courses that they will fund. They also have a list of Countries if the student wants to do a particular course overseas.

If the Loan amount is on the higher side, a collateral security will be required.

A Co-applicant is mandatory in the Education loan for all full time programs. Co-applicant could be Parent/Guardian or Spouse (if married)

FAQ's

Q. What does an education loan cover?

Ans. Education loans covers the Tuition fee, Cost of study materials like Books, Laptop etc, Exam fee, Hostel fee etc. This could differ in Loans from different Financial Institutes.

Q. Can students apply for education loan who want to study overseas?

Ans.Yes, students who want to pursue studies overseas can also apply for education loan.

Q. What if the loan amount is higher?

Ans.A collateral securities will be required if the loan amount is higher.

Q. Will parent also have to apply this loan?

Ans.Parent will be Co applicant.

User Reviews

Vijay Malhotra, Delhi

Very helpful website

I was looking for an education loan to do MBA, I tried some lenders but their rate of interest was high and their process was taking time. My friend suggested me myfundbucket.com for education loan so I came at this website. The process to apply for loan was very simple, after applying immediately I got a call from their team, they were very helpful and my education loan got sanction quickly. I will be always thankful to Myfundbucket team.

Sameer Patil, Nasik

Quick Service

Myfundbucket.com is really quick to get education loan. I saw this website advertisement at facebook. This website is user friendly to operate. I submitted my number and quickly got a call from myfundbucket.com agent. She helped me to complete the process quickly. Thanks to this website for helping me to get education loan.

Vikram Chandrasekhar, Tamil Nadu

Excellent website

This website is very good to get loans. I was worried for my studies as my family financial status is not good. I applied for education loan on this website myfundbucket.com, their process to apply for loan is very simple. I got loan quickly, so I am happy and not worried for my studies. They are also offering good interest rate for other products. I loved this website and will come back again when I will be need of loan.

Devdutt Pattanaik, Orissa

Best website to get loans

Previously I have taken home loan from this website which was fast process. So I suggested the same to my daughter and she has taken education loan from here. I am happy that my daughter is doing medical studies and fulfilling her dreams, all this happen easily because of myfundbucket.com. I am fond of this website and also suggested this to my friends. I can say this is one of the best website for loans and other products which I have seen so far.

Anil Dhotre, Mumbai

Supported me like a parents

Myfundbucket.com supported me financially when I was in need. Today I am doing IT studies and that is because of this website support. There was a time when I thought that I will not be able pay my IT fees as it was not affordable by my parents, that time my friend suggested me about this website and I applied here. Honestly saying I felt like this website helped me like a parents because of which I am able to do my IT studies. This website is very simple to operate and their customer care agents are very helpful, best part their process is very quick and they show numbers of offers with low interest rate. I will definitely suggest this website to get education loan.