Education Loans

Home, personal, car, and education loans — rate comparisons, EMI calculators, and strategies to close your loan years early.

• Education Loan Guide 2026: Government Banks vs Private — The Full Picture — Government banks offer 8.15–10.5%. Private NBFCs charge 13–15%. The difference is massive. Plus: the Vidya Lakshmi portal, moratorium traps, and repayment strategies.
• PM Vidyalakshmi Scheme 2026: Collateral-Free Education Loan With Interest Subvention — Who Qualifies — The PM Vidyalakshmi scheme provides collateral-free, guarantor-free education loans up to ₹7.5 lakh via a government credit guarantee, plus 3% interest subvention during the moratorium for families earning up to ₹8 lakh annually. Here is who qualifies, which institutions are covered, and how to apply.
• Section 80E and Your Education Loan Decision: Which Lenders Qualify, How Much You Actually Save, and When to Borrow More — Section 80E reduces your effective education loan rate by 0.6–1.8 percentage points — but only in the old tax regime, and only from lenders that qualify. Before taking a bigger loan for a better college, here's the calculation that actually changes your borrowing decision.
• Study Abroad Education Loan in India (2026): Collateral, Interest Rates and Repayment Explained — Study-abroad loans routinely run ₹20 lakh to ₹1 crore-plus — well past the point where any lender approves on income alone. Collateral becomes the real deciding factor in both approval and the rate you're quoted, and "collateral-free" gets marketed loosely across public banks, private banks, and NBFCs. Here's exactly where each lender draws the line, and what that means for your EMI.