Your admission is the hard part. Funding it isn't.
Loans up to ₹2 crore for degrees in India and abroad — tuition, living costs, travel and insurance — with repayment starting only after your course.
Loan amount
Up to ₹2 Cr
Interest rate
8.33% p.a. onwards
Moratorium
Course + 6–12 months
Coverage
Tuition + living + travel
Why apply through QCred
Collateral-free options
Top universities and strong co-applicant profiles qualify for unsecured loans up to ₹75 lakh with select lenders.
Study now, pay later
The moratorium covers your entire course plus a job-search buffer. Simple interest during study keeps the burden light.
Tax benefits under 80E
Interest paid on education loans is fully deductible for up to 8 years — effectively lowering your real borrowing cost.
Forex & disbursal support
Direct university disbursals in foreign currency, semester-wise, with guidance on I-20/CAS timelines.
Find your best education loan offers
It takes 2 minutes. This will not affect your credit score.
Choose your education loan requirement
Two different journeys, two different loan structures — QCred handles both end to end.
Education loan for Abroad studies
Finance your higher education in the USA, UK, Canada, Australia, Germany, UAE and more with flexible loan options.
- Loan amounts up to ₹2 Crore
- Collateral-free for select universities
- Covers tuition, living, travel & insurance
Education loan for Study in India
Secure funding for IITs, IIMs, ISB and other leading universities with competitive study-loan options.
- Rates starting 8.15% p.a.
- Collateral-free based on course & institute
- Moratorium until course + 6–12 months
Apply in top countries
5000+ universities in over 60+ countries to choose from — these are where our students go most.
Why choose QCred for your education loan?
We make education financing simple, fast and transparent.
Instant eligibility
Check your loan eligibility online in 2 minutes with zero impact on your CIBIL score.
Collateral-free options
Unsecured education loans available for 5000+ universities across 60+ countries.
Expert guidance
A dedicated advisor helps you choose the right lender, course country and loan structure.
Lowest rate wins
15+ banks and NBFCs compete on your profile — you take the sharpest offer.
Education loan comparison
Compare the specific terms of top lenders before you commit — indicative ranges, updated periodically.
| Lender | Interest rate (p.a.) | Max tenure | Collateral-free limit |
|---|---|---|---|
| SBI (Scholar Loan) | 8.15% – 10.05%* | 15 years | Up to ₹50 Lakh (List AA institutes) |
| HDFC Bank | 9.50% – 14.10% | 15 years | Up to ₹7.5 Lakh standard; higher for top colleges |
| ICICI Bank | 10.25% – 13.75% | 15 years | Up to ₹1 Crore (select premium institutes) |
| HDFC Credila | 9.75% – 13.80% | 15 years | Up to ₹1 Crore (based on student profile) |
*Indicative ranges compiled by QCred; your offer depends on institute list, co-applicant profile and lender policy.
QCred
The simple, quick steps to your education loan
Step 01
Eligibility
Tell us your requirement — 2 minutes, a few basics, zero credit-score impact.
Step 02
Compare
We shortlist the banks and NBFCs most likely to approve your profile at the best rate.
Step 03
Apply
One digital application — your advisor packages and submits the file for you.
Step 04
Disbursement
Sanction to money-in-account, tracked at every step and kept moving.
Eligibility
- Admission
- Confirmed offer from a recognised institution
- Co-applicant
- Parent/guardian with steady income (most cases)
- Age
- 18 – 35 years (student)
Documents
- Admission/offer letter
- Fee structure from the institution
- Academic records (10th, 12th, degree)
- Co-applicant income proof and KYC
- Collateral documents (if secured)
Rates & charges
- Interest rate
- 8.33% – 13% p.a.
- Processing fee
- 0% – 1.5%
- Margin
- 0 – 15% (loan covers 85–100% of cost)
Indicative ranges across partner lenders; your offer depends on profile and lender policy.
Education Loan FAQs
Do I need collateral for studying abroad?
Not always. For strong universities (especially STEM in the US, UK, Canada), several lenders offer unsecured loans up to ₹75 lakh. Collateral unlocks lower rates and higher amounts.
When do I start repaying?
After the moratorium — your course duration plus 6–12 months. Paying just the simple interest during study, if you can, significantly reduces your final EMI.
Get your education loan moving today
Apply in two minutes or talk to an advisor first — either way, it costs you nothing.