How much education loan can I get for studying abroad?

Education loans for studying abroad range from ₹20 Lakh to ₹1.5 Crore depending on the bank and country. SBI offers up to ₹1.5 Crore, HDFC Credila up to ₹45 Lakh without collateral. EEC helps you choose the best loan option.

What is the interest rate for education loans in India?

Education loan interest rates in India range from 8.5% to 12% p.a. SBI offers from 8.65%, HDFC Credila from 9.5%, Bank of Baroda from 8.45%. Rates depend on loan amount, collateral, and co-borrower profile. EEC helps compare rates.

Can I get an education loan without collateral?

Yes! Several banks offer collateral-free education loans: SBI (up to ₹20 Lakh), HDFC Credila (up to ₹45 Lakh), Prodigy Finance (up to full tuition). Eligibility depends on university ranking and co-borrower income.

What documents are needed for an education loan?

Key documents: admission letter, passport, academic transcripts, co-borrower income proof (ITR, salary slips), bank statements, property documents (if collateral), KYC documents. EEC provides a complete checklist for each bank.

What is the moratorium period for education loans?

The moratorium period (repayment holiday) is typically course duration + 6-12 months after completion. Some banks offer simple interest-only payments during the moratorium. EEC helps you understand repayment timelines.

Is there a tax benefit on education loans?

Yes! Under Section 80E of the Income Tax Act, the interest paid on education loans is fully deductible (no upper limit) for up to 8 years from the start of repayment. Only the interest portion qualifies, not the principal.

What is a GIC account for Canada?

GIC (Guaranteed Investment Certificate) is a key financial requirement for the Canada study permit. You need to deposit approximately CAD $22,895 in a designated Canadian bank (IRCC cost-of-living minimum from 1 Sep 2025; SDS was discontinued on 8 Nov 2024). The amount is returned in monthly installments after arrival.

What is a blocked account for Germany?

A blocked account (Sperrkonto) is required for German student visa. You must deposit approximately €11,904 (2026) in a German blocked account. You can withdraw a fixed monthly amount after arriving in Germany.

Does EEC help with education loan processing?

Yes! EEC provides free education loan counseling — bank comparison, document checklist guidance, application support, and follow-up. We work with SBI, HDFC Credila, Bank of Baroda, ICICI, Prodigy Finance, and more.

Which bank is best for education loan for studying abroad?

Best banks depend on your needs: SBI (lowest rates, up to ₹1.5 Cr), HDFC Credila (quick processing, no collateral up to ₹45L), Bank of Baroda (competitive rates), Prodigy Finance (international students, no co-signer). EEC helps compare options.

Education Loan for Study Abroad 2026 — SBI, HDFC…

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rudra rajpara

Surat · Ghod Dod Road, Surat

5 months agoUAE Visa Success

“My name is Rudra Vijay Rajpara Vijay Nakubhai Rajpara. I am very happy to inform you that I have received my student visa for Dubai. I would like to sincerely thank you and the entire EEC team for all...”

Google ReviewSource

A

aryan Limbachiya

Ahmedabad · Ghatlodiya, Ahmedabad

4 months agoVisa Success

“I had a wonderful experience with EEC Ghatlodia. Astha Ma’am was extremely supportive and helpful throughout my entire visa process. From getting my admission at Niagara College to preparing a strong ...”

Google ReviewSource

H

HENIL PATEL

Vadodara · Nizampura

4 months agoGermany Visa Success

“"Hello everyone, I'm Henil Patel from EEC Nizampura, and I'm super excited to share that I've just got my Germany visa 🎉! I want to thank the entire EEC team for their amazing support and guidance th...”

Google ReviewSource

M

Meshwa Rajput

Ahmedabad · Maninagar, Ahmedabad

4 months agoUK Visa Success

“I am Meshva Rajput, and today I would like to share my experience with EEC Maninagar. I completed my coaching and visa process at EEC Maninagar, and I received my visa within 24 hours. I got a UK stu...”

Google ReviewSource

M

Mistry Rushi

Ahmedabad · Memnagar, Ahmedabad

4 months agoGermany Visa Success

“EEC (Memnagar branch) offered the vital support I required to excel my IELTS exam and acquire my Germany visa. Their focused approach and personalised coaching were important in my achievement Their e...”

Google ReviewSource

B

Bhargav Meshiya

Ahmedabad · Nikol, Ahmedabad

4 months agoGermany Visa Success

“EEC Nikol's Germany consultancy is known for providing well-organized and reliable guidance for students planning to study in Germany. They clearly explain important requirements such as the APS proc...”

Google ReviewSource

R

rucha chitroda

Surat · Parvat Patia (Dumbhal), Surat

4 months agoVisa Success

“I recently had the pleasure of working with EEC for my brother’s student visa application, and I cannot thank them enough for their exceptional service. Vidhi played a crucial role in guiding us throu...”

Google ReviewSource

K

Kavy Jain

Surat · Ghod Dod Road, Surat

5 months agoUK Visa Success

“I recently received my UK student visa without IELTS. A big thank you to Mrs. Foram Patel for her constant guidance and dedication. Her support made the entire process easy and stress-free!”

Google ReviewSource

U

Urvi Patel

Ahmedabad · Odhav, Ahmedabad

4 months agoUK Visa Success

“I would like to express my sincere gratitude to EEC Odhav and especially sir for their excellent support throughout my UK student visa process. They provided clear guidance from the beginning, helped ...”

Google ReviewSource

M

Mauli Gohel

Nadiad · Nadiad

4 months agoVisa Success

“I had a really smooth and positive experience with EEC during my student visa process. From university shortlisting to documentation and visa filing, everything was explained clearly and handled profe...”

Google ReviewSource

N

Nishi Doshi

Vadodara · Nizampura

5 months agoVisa Success

“Preksha madam and Riddhesh sir, I’m truly overwhelmed by the support you both gave me throughout this visa journey. Your guidance didn’t just get the approval through; it turned what could have been ...”

Google ReviewSource

R

Rutul Mistry

Ahmedabad · Nikol, Ahmedabad

5 months agoVisa Success

“Myself Rutul Mistry, and I am delighted to share that I have received my visa for the January 2026 intake at Lakehead University for my master’s program. I would like to sincerely thank EEC Nikol for...”

Google ReviewSource

R

rudra rajpara

Surat · Ghod Dod Road, Surat

5 months agoUAE Visa Success

“My name is Rudra Vijay Rajpara Vijay Nakubhai Rajpara. I am very happy to inform you that I have received my student visa for Dubai. I would like to sincerely thank you and the entire EEC team for all...”

Google ReviewSource

A

aryan Limbachiya

Ahmedabad · Ghatlodiya, Ahmedabad

4 months agoVisa Success

“I had a wonderful experience with EEC Ghatlodia. Astha Ma’am was extremely supportive and helpful throughout my entire visa process. From getting my admission at Niagara College to preparing a strong ...”

Google ReviewSource

H

HENIL PATEL

Vadodara · Nizampura

4 months agoGermany Visa Success

“"Hello everyone, I'm Henil Patel from EEC Nizampura, and I'm super excited to share that I've just got my Germany visa 🎉! I want to thank the entire EEC team for their amazing support and guidance th...”

Google ReviewSource

M

Meshwa Rajput

Ahmedabad · Maninagar, Ahmedabad

4 months agoUK Visa Success

“I am Meshva Rajput, and today I would like to share my experience with EEC Maninagar. I completed my coaching and visa process at EEC Maninagar, and I received my visa within 24 hours. I got a UK stu...”

Google ReviewSource

M

Mistry Rushi

Ahmedabad · Memnagar, Ahmedabad

4 months agoGermany Visa Success

“EEC (Memnagar branch) offered the vital support I required to excel my IELTS exam and acquire my Germany visa. Their focused approach and personalised coaching were important in my achievement Their e...”

Google ReviewSource

B

Bhargav Meshiya

Ahmedabad · Nikol, Ahmedabad

4 months agoGermany Visa Success

“EEC Nikol's Germany consultancy is known for providing well-organized and reliable guidance for students planning to study in Germany. They clearly explain important requirements such as the APS proc...”

Google ReviewSource

R

rucha chitroda

Surat · Parvat Patia (Dumbhal), Surat

4 months agoVisa Success

“I recently had the pleasure of working with EEC for my brother’s student visa application, and I cannot thank them enough for their exceptional service. Vidhi played a crucial role in guiding us throu...”

Google ReviewSource

K

Kavy Jain

Surat · Ghod Dod Road, Surat

5 months agoUK Visa Success

“I recently received my UK student visa without IELTS. A big thank you to Mrs. Foram Patel for her constant guidance and dedication. Her support made the entire process easy and stress-free!”

Google ReviewSource

U

Urvi Patel

Ahmedabad · Odhav, Ahmedabad

4 months agoUK Visa Success

“I would like to express my sincere gratitude to EEC Odhav and especially sir for their excellent support throughout my UK student visa process. They provided clear guidance from the beginning, helped ...”

Google ReviewSource

M

Mauli Gohel

Nadiad · Nadiad

4 months agoVisa Success

“I had a really smooth and positive experience with EEC during my student visa process. From university shortlisting to documentation and visa filing, everything was explained clearly and handled profe...”

Google ReviewSource

N

Nishi Doshi

Vadodara · Nizampura

5 months agoVisa Success

“Preksha madam and Riddhesh sir, I’m truly overwhelmed by the support you both gave me throughout this visa journey. Your guidance didn’t just get the approval through; it turned what could have been ...”

Google ReviewSource

R

Rutul Mistry

Ahmedabad · Nikol, Ahmedabad

5 months agoVisa Success

“Myself Rutul Mistry, and I am delighted to share that I have received my visa for the January 2026 intake at Lakehead University for my master’s program. I would like to sincerely thank EEC Nikol for...”

Google ReviewSource

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Education Loan Assistance

India's #1 Education Loan Specialist

Loan With Property

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Save Tax with Section 80E

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in 24 Hours

What Students Say

Ready to start your journey?

Education Loan Across 12 Cities in Gujarat

Education Loan Assistance

India's #1 Education Loan Specialist

Loan With Property

Loan Without Property

Save Tax with Section 80E

Get Your Loan Quotein 24 Hours

What Students Say

Ready to start your journey?

Education Loan Across 12 Cities in Gujarat

Cost Calculators

Score Calculators

Visa & Immigration

Comparisons & Guides

AI Assistants

Education Loan Assistance

India's #1 Education Loan Specialist

Loan With Property

Loan Without Property

Save Tax with Section 80E

Get Your Loan Quotein 24 Hours

What Students Say

Ready to start your journey?

Education Loan Across 12 Cities in Gujarat

Get Your Loan Quote
in 24 Hours

Get Your Loan Quote
in 24 Hours