edbgo

Education loan

Finance will not hold back your dreams anymore

As trusted loan partners of top banks and NBFCs, we help you secure the best interest rates on study loans: collateral-free options, zero EMI during study and the quickest sanction in the industry.

4.9/5 Google reviews
Free, fast and paperless
Student with an approved education loan
Lending partners

Compare education loan partners

Benefits of choosing each lender through edbgo. Your advisor will recommend the best fit for your university, course and profile.

Avanse

  • Complete loan processing in 4 to 10 working days
  • Pre-approved loan up to ₹60 lakhs within 5 days
  • No collateral required
  • Partial simple interest of ₹2,000 to ₹5,000 a month during study
  • Loans available even with CIBIL deviations

HDFC Credila

  • Partial simple interest of ₹5,000 a month
  • Collateral-free loan up to ₹60 lakhs
  • Disbursed within 4 to 10 working days
  • Eligible for tax claims under the Income Tax Act
  • Secure loans even before admission

MPower Financing

  • Complete loan processing in 4 to 10 working days
  • Pre-approved loan up to ₹60 lakhs within 5 days
  • No collateral or co-signer required
  • Partial simple interest during study
  • Loans available with CIBIL deviations

Prodigy Finance

  • Processing in 4 to 10 working days
  • Pre-approved loan up to ₹60 lakhs within 5 days
  • No collateral required
  • Partial simple interest during study
  • Available with CIBIL deviations

Bank of Baroda

  • Repayment period of 10 to 15 years
  • Up to ₹1.5 crore with collateral
  • Interest from BRLLR + 1.75%
  • No processing fee for loans up to ₹7.5 lakhs
  • Processed and disbursed within 15 working days

ICICI Bank

  • Repayment tenure of 10 to 14 years
  • Up to ₹3 crore without collateral for select universities
  • No margin requirement
  • Fully digital, no branch visits
  • Tailored education loan products

Tata Capital

  • Covers the rising cost of quality education
  • Flexible, customised financing options
  • Specialised overseas study loan schemes
  • Tax benefits on interest payments
  • Post-study moratorium period

State Bank of India

  • Repayment period of 10 to 15 years
  • Up to ₹1.5 crore with collateral
  • Disbursed within 30 working days
  • Pre-admission sanction letters based on your profile
  • Loan sanction before I-20, CAS or visa
Collateral or non-collateral?

Why edbgo for your education loan

At edbgo we ensure that financial barriers never hinder your dream of studying abroad.

Education Loan

With edbgo

  • Free services with high approval chances
  • Tie-ups with leading Indian banks and NBFCs
  • Collateral-free loan options available
  • Zero EMI during the study period
  • Flexible repayment terms of 7 to 12 years
  • Interest rates from about 9 percent for students
  • 100 percent digital, paperless application
  • Quickest loan sanction in the industry

Others

  • Paid services with low approval chances
  • Very few bank tie-ups
  • Inflexible loan options
  • Expensive EMIs
  • Inflexible repayment terms
  • High interest rates
  • Manual, paperwork-heavy process
  • Delays in loan processing
How it works

Loan sanction in four steps

Share your profile

University, course, fees and co-applicant details in a 5-minute form.

Get matched

We compare lenders and recommend collateral-free and secured options.

Documents and sanction

Digital document collection, pre-admission sanction letters where available.

Disbursement

Funds paid to the university or your blocked account on schedule.

Check your loan eligibility

Free, no impact on your credit score.

Start your journey

Secure your education loan before your visa interview

Pre-admission sanction letters strengthen your visa file. Start today with a free eligibility check.

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