Floating pricing by premier-institution category: Top 5 IIMs − 1.05%
List − 1.00%
List A − 0.70%
List B + 0.60%
List C + 0.80%. Simple interest accrues monthly during the moratorium.
(Bank of Baroda Repo Linked Lending Rate) plus or minus the institution-category spread shown on the page.
List ₹40 lakh
List A ₹30 lakh
List B ₹15 lakh
List C ₹10 lakh
subject to need-based finance and future repayment capacity
Moratorium plus up to 120 instalments for loans up to ₹7.50 lakh
moratorium plus up to 180 instalmentsabove ₹7.50 lakh
No separate minimum-income amount is stated on the reviewed Baroda Digital Education Loan page. Eligibility instead requires admission to a listed premier institution, applies the published student/co-applicant age rules and assesses repayment capacity
Floating spreads from −1.05% for the top 10 IIMs/IITs to +0.50% for list C institutions
fixed spreads vary by category and amount.
spreads from −1
Up to ₹20 lakh.
Up to 120 instalments after the moratorium for loans up to ₹7.50 lakh and up to 180 instalments for larger loans
maximum 10–15 years after the moratorium.
Not published as a numeric threshold. The page requires the resident-Indian borrower to be gainfully employed during study and lists income proof among documents, but gives no minimum salary or annual-income amount.
Nil for all cases
₹7,500 per mortgaged property for advocate and valuer charges.
For a fixed-rate education loan, prepayment from the borrower’s own source is nil. A takeover by another lender attracts 0.50% of the outstanding amount at takeover
where there is more than one account, the charge is calculated separately for each account.
Floating spread ranges from −1.05% for the top 10 IIMs/IITs to +0.50% for category C institutions
the sanctioned rate depends on institution category and security.
spread ranges from −1
Without collateral: ₹40 lakh for List , ₹30 lakh for List A, ₹15 lakh for List B and ₹10 lakh for List C
with collateral, up to ₹80 lakh.
Up to 120 instalments after the moratorium for loans up to ₹7.5 lakh
up to 180 instalments for higher amounts.
Not published as a numeric threshold. The page requires an Indian national with admission to a qualifying premier institution and lists income proof for the co-applicant/guarantor where applicable, but no salary or annual-income floor is stated.
Nil for study in India. For study abroad, 1% of loan amount capped at ₹10,000 and refundable on first disbursement
₹8,500 per mortgaged property for advocate/valuer charges.
For a fixed-rate education loan, prepayment from the borrower’s own source is nil. A takeover by another lender attracts 0.50% of the outstanding amount at takeover
where there is more than one account, the charge is calculated separately for each account.
Floating: + 2.00%up to ₹7.50 lakh and + 2.35%above ₹7.50 lakh. Fixed: Base Rate + 2.00%up to ₹7.50 lakh (effective 11.45% p.a.) and + 4.35%above ₹7.50 lakh (effective 12.25% p.a.).
+ 2
Maximum ₹80 lakh for the -abroad product.
Repayable in maximum 10–15 years after the moratorium
for loans up to ₹7.50 lakh the cap is moratorium plus 120 instalments, and above ₹7.50 lakh it is moratorium plus 180 instalments. For the -abroad variant, the moratorium is the course period plus three months.
Not published as a numeric threshold. The page requires a resident Indian who is gainfully employed while applying and during study and asks for income proof, but gives no minimum salary or annual-income amount.
1% of loan amount capped at ₹10,000, recovered upfront and refundable on first disbursement
₹7,500 per mortgaged property for advocate/valuer charges.
Borrower's own source: nil. Takeover by another lender: 0.50% of the outstanding amount at takeover
for more than one account, calculated separately for each account.
Floating +2.00%up to ₹7.50 lakh and +1.90%above ₹7.50 lakh
defence-child concession +1.10%. Fixed rates are Base Rate +2.00%up to ₹7.50 lakh and +3.90% above it.
+2
₹1.25 crore for medical and aviation courses
₹25 lakh for other courses.
Up to 120 instalments after the moratorium for loans up to ₹7.50 lakh and up to 180 instalments for larger loans
maximum 10–15 years after the moratorium.
No fixed minimum-income amount is stated on the reviewed Baroda Gyan page. The published eligibility rule refers to parent/co-applicant income and future repayment capacity for an approved course, without giving a rupee salary or annual-income floor.
Nil up to ₹7.50 lakh
above ₹7.50 lakh, 1% of loan amount capped at ₹10,000 + applicable
₹8,500 per mortgaged property for advocate/valuer charges.
Fixed-rate loan: nil when prepaid from the borrower's own source
0.50% of outstanding when taken over by another lender.
7.20% for PMVLS/ Premier category institutions, 7.40% for category A and 7.90% for other institutions
pricing is linked to spreads.
spreads
₹2 lakh minimum and ₹40 lakh maximum
margin is nil up to ₹4 lakh, 5%above ₹4 lakhup to ₹7.5 lakh, and nil above ₹7.5 lakh under the published table.
Up to 15 years after the course-period-plus-one-year moratorium
up to 120 instalments for loans up to ₹7.5 lakh and up to 180 instalmentsabove ₹7.5 lakh.
Indian national with NEET rank up to 65,000 for UG or 30,000 for PG, admitted to a full-time medical course
co-obligation of parent/guardian and assignment of future income are mandatory.
Nil processing fee
PMVLP charges ₹200 are listed separately.
For a fixed-rate Education Loan: nil when prepaid from the borrower's own source
0.50% of the outstanding amount at takeover by another lender. If there is more than one account, the charge is calculated separately for each account. This published schedule applies to the fixed-rate loan variant
the product pages do not state a separate floating-rate prepayment charge.
for non-premier institutions, +2.00%up to ₹7.50 lakh and +1.05%above ₹7.50 lakh. Fixed rates are also published by institution category and amount.
+0
₹1.50 crore for institutions in the premier-institution list
₹60 lakh for non-premier institutions.
Repayable in maximum 10–15 years after the moratorium. The moratorium is the course period plus one year for the standard Baroda Scholar guideline
repayment is capped at 120 instalments for loans up to ₹7.50 lakh and 180 instalmentsabove ₹7.50 lakh.
No numeric minimum-income amount is stated on the reviewed Baroda Scholar page. The published criteria focus on Indian nationality, entrance-test or merit admission and an approved study-abroad course
income is assessed through the co-applicant and repayment-capacity process without a stated rupee floor.
Nil up to ₹7.50 lakh
above ₹7.50 lakh, 1% of loan amount capped at ₹10,000 (refunded on first disbursement for premier institutions)
₹8,500 per mortgaged property and ₹200 PM charge.
Nil when prepaid from the borrower’s own source
0.50% of outstanding amount when taken over by another lender under a fixed-rate loan.
The Yoddha education rate is the same as the corresponding Baroda education-loan variant. For premier institutions in India, the published floating spreads are −1.05% (Top 10 IIMs/IITs), −0.70% (), −0.50% (A), 0.00% (B) and +0.50% (C). Fixed rates are +1.40% to +2.00% for /A
for B and C, up to ₹7.50 lakh is Base Rate +2.00% and above ₹7.50 lakh is +2.85% / +3.05% respectively.
spreads are −1
Up to ₹1,25,00,000 for studies in India and ₹1,50,00,000 for overseas studies.
The Yoddha page says all other education-loan guidelines remain unchanged
the linked Baroda education-loan guideline therefore permits up to 10–15 years after the moratorium, with 120 instalmentsup to ₹7.50 lakh and 180 instalmentsabove ₹7.50 lakh.
Not published. The Yoddha page sets the customer group as children of defence personnel and gives study-destination loan ceilings, but no minimum salary, annual income or family-income floor.
Under the linked Baroda education-loan terms that the Yoddha page says remain unchanged: nil up to ₹7.50 lakh
above ₹7.50 lakh, 1% of the loan amount capped at ₹10,000 plus applicable , refunded at first disbursement for premium institutions. A separate ₹8,500 advocate/valuer amount applies where property is mortgaged.
Under the linked Baroda education-loan terms that the Yoddha page says remain unchanged: nil when prepaid from the borrower's own source
0.50% of the outstanding amount when taken over by another lender.
For Vidyalakshmi/Baroda Gyan institutions: TOP 10 IIMs/IITs 7.10%, 7.45%, A 7.65%, B 8.15%, C 8.65%. Other institutions: +2.00%up to ₹7.50 lakh and +1.90%above ₹7.50 lakh.
+2
Maximum finance up to ₹25 lakh.
Course period plus one year moratorium
repayment maximum 120 instalmentsup to ₹7.50 lakh and 180 instalmentsabove ₹7.50 lakh.
The page does not state a minimum rupee income
eligibility is based on resident-Indian status and admission to a recognised /Government/-approved course.
Nil up to ₹7.50 lakh. Above ₹7.50 lakh: 1% of loan amount, maximum ₹10,000 plus , recovered upfront. Where property is mortgaged, ₹8,500 plus taxes is charged upfront for advocate and valuer expenses.
For a fixed-rate Education Loan: nil when prepaid from the borrower's own source
0.50% of the outstanding amount at takeover by another lender. If there is more than one account, the charge is calculated separately for each account. This published schedule applies to the fixed-rate loan variant
the product pages do not state a separate floating-rate prepayment charge.
The page publishes product-specific /-plus-spread rows for Baroda Vidya, Baroda Gyan, premier-institution loans, Baroda Scholar, Executive Development, Digital Education Loan and Skill Loan
effective rate during the subsidy period is shown as 0.00%. Additional risk premium of 0.10% applies above ₹7.50 lakh when Group Credit Life/Life Insurance cover is not obtained.
/-plus-spread rows for Baroda Vidya, Baroda Gyan, premier-institution loans, Baroda Scholar, Executive Development, Digital Education L
The Bank’s current table states a maximum subsidy-linked loan amount of ₹7.50 lakh from 2018–19 onward and ₹10 lakh before that
the 2022 -USP guideline separately states subsidy up to ₹10 lakh while collateral-free guarantee cover is required up to ₹7.50 lakh.
Not published for the underlying education loan on this subsidy page. The scheme publishes the subsidy period as the moratorium (course period plus one year)
repayment tenure is governed by the applicable education-loan variant and is not stated here.
Gross parental/family income from all sources must be up to ₹4.50 lakh per year
an authorised State/UT income certificate is obtained at sanction.
Not published on the reviewed subsidy-scheme page. It lists , academic, admission, income and other documents but no processing, documentation or valuation charge for the subsidy route.
Not published on the reviewed subsidy-scheme page. The page explains the subsidy moratorium and when the student bears interest, but gives no early-closure or prepayment charge.
+ 2.00% p.a.up to ₹7.50 lakh and + 1.75% p.a.above ₹7.50 lakh. A 1% concession may apply if interest is serviced during study and the moratorium.
+ 2
Need-based finance up to ₹10 lakh for studies in Delhi
ordinarily up to ₹7.5 lakh may be covered by the Government of India education guarantee route when its conditions are met.
Course period plus one year repayment holiday, followed by repayment in equal monthly instalments over 15 years for all categories. A course-completion extension of up to two years may be considered in the stated circumstances.
Not published as a numeric income threshold. Eligibility is based on Delhi schooling or Government of of Delhi family connection, recognised admission and merit/entrance selection
the appraisal section says the student's future income prospect is considered.
No processing charges may be levied under the scheme.
Nil. No prepayment penalty is levied at any time during the repayment period.
Bank of Baroda says applies to all retail lending products. The current page lists at 7.90% (repo 5.25% + markup/base spread 2.65%) effective 6 December 2025 and 1-year at 8.75% effective 12 August 2026. Product-specific spreads, pricing and scheme conditions determine the applicable rate.
100% finance with no maximum cap published
loans up to ₹7.50 lakh receive a 75% Government credit guarantee.
Course period plus one year moratorium, followed by repayment up to 15 years.
Interest subsidy is available up to ₹10 lakh, with 100% subvention for eligible families up to ₹4.50 lakh and 3% subvention for family income above ₹4.50 lakhup to ₹8 lakh.
Nil unified processing charges.
The product page does not publish a separate prepayment charge. The Bank's education-loan schedule states that for a fixed-rate education loan, prepayment from the borrower's own source is nil and takeover by another lender is 0.50% of outstanding
applicability to Vidyalaxmi should follow the sanctioned rate regime.
+ 1.50%, effective rate 9.40% in the published table
girl students receive a 0.50% concession subject to the floor at .
+ 1
₹5,000 minimum to ₹7,50,000 maximum.
Up to 3 years for loans up to ₹50,000
up to 5 years for ₹50,000–₹1 lakh
up to 7 yearsabove ₹1 lakh.
No minimum income amount is published. The student loan is need-based and subject to the student's repayment capacity
an income proof is requested only from a salaried co-applicant or guarantor when applicable.
Nil processing and documentation charges.
For a fixed-rate Skill Loan, nil when prepaid from the borrower's own source and 0.50% of outstanding when taken over by another lender. The official product page publishes this table under Pre-payment charges.
For the standard Star Education Loan bands, current sheet shows 1 Year RBLR + 1.70% (presently 9.80% p.a.) up to ₹7.50 lakh and 1 Year RBLR + 1.50% (presently 9.60% p.a.) above ₹7.50 lakh
girl/professional-course concessions may apply.
1 Year RBLR plus the published education-loan spread
the current rate sheet gives 9.80%/9.60% p.a. present rates by loan size.
Up to ₹1.50 crore for medical courses excluding nursing and non-medical courses
finance is need-based and subject to earning potential.
Moratorium up to course period plus 1 year
repayment up to 15 years from commencement of repayment.
No fixed student or co-borrower income threshold is published
co-borrower income proof and bank statement are required.
A refundable ₹10,000 charge excluding is stated for study-abroad applications
it is refunded once the actual loan is availed for limits up to ₹20 lakh. portal charge is ₹100 plus 18%
scheme-deviation bands are ₹500/₹1,500/₹3,000 by amount.
Starting from 7.00% p.a. under the -Vidyalaxmi page
current rate sheet also publishes Star Vidyalaxmi categories: Category A 6.85%, Category B 7.50% and Category C 8.40% p.a., subject to category terms.
The page refers to RBLR
the current rate sheet publishes Star Vidyalaxmi category spreads against RBLR, with present rates of 6.85%, 7.50% and 8.40% p.a.
The page does not publish one universal maximum loan amount
finance is for the documented cost of the approved course and expenses.
Moratorium up to the course period plus 1 year
repayment up to 15 years from commencement of repayment.
For the -Vidyalaxmi facility, the page does not publish a universal minimum income threshold. It does publish interest-subvention family-income bands of up to ₹4.50 lakh and above ₹4.50 lakh to ₹8 lakh for specified support, which are subsidy conditions rather than a general eligibility floor.
Nil processing charge. portal and third-party charges may apply where stated by the scheme.
A numeric Masters-loan rate is not published on the reviewed product page
the page describes lower reducing-balance pricing and links to Canara's current interest-rate information.
Not published on the reviewed Masters-loan page.
Minimum loan is above ₹7.50 lakh. With collateral coverage of 100% or more, there is no maximum cap subject to project cost
with coverage below 100%, maximum is ₹1 crore.
Repayment in up to 15 years excluding the moratorium period.
No student or co-borrower minimum income amount is published
admission, exam scores, income/assets and collateral evidence are assessed.
Collateral coverage 100% or more: 0.50% of sanctioned limit, maximum ₹10,000. Coverage below 100%: 0.50%, maximum ₹20,000. The page publishes a 50% waiver for 1 April 2026 to 30 June 2026.
PNB's current retail rate sheet publishes PNB Pratibha at 9.50% p.a. ( + 0.10%). PNB Udaan is 9.50% p.a. for premier foreign universities ( + 0.10%) and 11.50% p.a.up to ₹4 lakh under the Saraswati/Kaushal/Udaan slab
higher slabs follow the published table.
+ 0
Need-based and subject to repayment capacity
the reviewed PNB education catalogue does not publish one universal maximum for Pratibha or Udaan.
Repayment holiday and tenure follow the applicable PNB education-loan scheme, course duration and moratorium
no universal maximum tenure is published in the reviewed catalogue.
Not published. Eligibility is based on residency and admission to a listed premier institution/course
no numeric income threshold is stated.
Current PNB education-loan communication states nil processing/upfront and documentation charges for PNB Pratibha
Udaan charges are as per the applicable current schedule unless a concession is confirmed for the selected route.
Current PNB rate sheet: + 2.10% (11.50% currently) up to ₹4 lakh
+ 3.10% (12.50%) above ₹4 lakh to ₹7.50 lakh
+ 2.60% (12.00%) above ₹7.50 lakh
and + 1.10% (10.50%) where 100% tangible collateral is available.
+ 2
Need-based, subject to the student's and co-obligant's repayment capacity
the does not publish a universal maximum amount.
Repayment starts after the repayment holiday/moratorium
outstanding moratorium interest is added to the loan and is determined at commencement. The reviewed catalogue does not publish a single maximum tenure.
Not published. PNB describes the maximum as need-based and subject to repayment capacity, without a numeric student or co-obligant income threshold.
No processing/upfront or documentation charge is published for PNB Saraswati in the reviewed current product communication
confirm any applicable service charge before disbursal.
PNB's current retail rate sheet publishes PNB Pratibha at 9.50% p.a. ( + 0.10%). PNB Udaan is 9.50% p.a. for premier foreign universities ( + 0.10%) and 11.50% p.a.up to ₹4 lakh under the Saraswati/Kaushal/Udaan slab
higher slabs follow the published table.
+ 0
Need-based and subject to repayment capacity
the reviewed PNB education catalogue does not publish one universal maximum for Pratibha or Udaan.
Repayment holiday and tenure follow the applicable PNB education-loan scheme, course duration and moratorium
no universal maximum tenure is published in the reviewed catalogue.
Not published. The scheme requires a resident Indian with admission to a recognized overseas course
no numeric income threshold is stated.
Current PNB education-loan communication states nil processing/upfront and documentation charges for PNB Pratibha
Udaan charges are as per the applicable current schedule unless a concession is confirmed for the selected route.
states that education-loan rates float for the entire loan period. Current is 7.90% p.a. (Repo Rate 5.25% + spread 2.65%).
₹10 lakh to ₹3 crore, including eligible outstanding or sanctioned balance, top-up and applicable source-lender prepayment penalty
↑
180 months
No numeric minimum income or salary threshold is published. The takeover checklist requires income proof for the co-applicant/guarantor: latest salary slip or salary certificate and Form 16/ for salaried applicants
business address proof and latest for non-salaried applicants.
Nil
NIL in the shared Education Loan contingent-charge table.
For select institutions, 9.40% without collateral up to ₹50 lakh or 8.90% with collateral
other secured borrowing 9.40%
no additional girl-student concession on select-institution pricing
(External Benchmark Rate)
states that education-loan rates float for the entire loan period. Current is 7.90% p.a. (Repo Rate 5.25% + spread 2.65%).
Above ₹7.50 lakh and up to ₹3 crore
180 months, commencing six months after course completion
No numeric minimum income or salary threshold is published. requires income proof for the co-applicant/guarantor: latest salary slip or salary certificate and Form 16/ for salaried applicants
business address proof and latest for non-salaried applicants.
0.50% of loan amount, minimum ₹10,000 and maximum ₹50,000, plus
NIL in the shared Education Loan contingent-charge table.
temporary 6.75% for listed IIM and other named institutes through 30 September 2026 and all IITs through 31 December 2026
(External Benchmark Rate)
states that education-loan rates float for the entire loan period. Current is 7.90% p.a. (Repo Rate 5.25% + spread 2.65%).
Without tangible security: List ₹50 lakh, A ₹40 lakh, B ₹30 lakh and C ₹7.50 lakh
with full-value tangible collateral, need-based for /A/B and up to ₹1 crore for C
180 months
begins 12 months after course completion or six months after employment, whichever is earlier
No numeric minimum income or salary threshold is published. The eligibility checklist requires income proof for the co-applicant/guarantor: latest salary slip or salary certificate and Form 16/ for salaried applicants
business address proof and latest for non-salaried applicants.
Nil
NIL in the shared Education Loan contingent-charge table.
8.65% p.a. for study in India or ordinary study abroad
at select overseas institutions, 8.65% without security up to ₹50 lakh or 8.15% with security
(External Benchmark Rate)
states that education-loan rates float for the entire loan period. Current is 7.90% p.a. (Repo Rate 5.25% + spread 2.65%).
Study in India follows current Student Loan limits
study abroad follows current Global Ed-Vantage limits, including the published ₹3 crore overall overseas ceiling
↑
180 months
Eligible serving or retired Defence, Indian Coast Guard or personnel, or their spouse or wards, with the co-borrower's qualifying salary or pension account maintained throughout the loan
Nil up to ₹20 lakh
₹10,000 plus tax above ₹20 lakh
NIL in the shared Education Loan contingent-charge table.
the education-loan rate floats for the full loan period.
₹5,000 to ₹7.50 lakh
Up to 36 months through ₹50,000
60 monthsabove ₹50,000 through ₹1 lakh
84 monthsabove ₹1 lakh
No numeric minimum income or salary threshold is published. requires income proof for the co-applicant/guarantor: latest salary slip or salary certificate and Form 16/ for salaried applicants
business address proof and latest for non-salaried applicants.
Nil processing fee and nil margin
NIL in the shared Education Loan contingent-charge table.
0.50 percentage-point concession for girl students
(External Benchmark Rate)
states that education-loan rates float for the entire loan period. Current is 7.90% p.a. (Repo Rate 5.25% + spread 2.65%).
For study in India, standard limits vary by course and NIRF status from ₹30 lakh to ₹75 lakh, with case-by-case limits up to ₹1 crore
study abroad up to ₹7.50 lakh
180 months after course period plus a 12-month repayment holiday
No numeric minimum income or salary threshold is published. requires income proof for the co-applicant/guarantor: latest salary slip or salary certificate and Form 16/ for salaried applicants
business address proof and latest for non-salaried applicants.
Nil up to ₹10 lakh
₹5,000 plus above ₹10 lakh through ₹20 lakh
0.50%above ₹20 lakh, capped at ₹25,000 plus
NIL in the shared Education Loan contingent-charge table.
Current retail table: Inland/abroad/ Student Union Education up to ₹7.50 lakh is 10.00% p.a. for male students and 9.50% for female students
above ₹7.50 lakh is 9.75% and 9.25% respectively. Other premier, Vidyalaxmi and medical-institute tiers have separate published rates.
Union Bank's published reference benchmark is (Repo Rate), shown as 8.00% effective 13 June 2026 on the current loans-and-advances rate page. Product-specific premiums and concessions are shown separately in the retail table.
No single maximum amount is published on the reviewed Education Loan documents page
the current shows separate scheme quantum bands, including up to ₹150 lakh for a premier-abroad collateral tier and up to ₹200 lakh for a premier-medical tier.
Maximum repayment tenure is 15 years.
No fixed rupee income threshold is published. or income proof is required for the borrower, co-borrower or guarantor where applicable.
No numeric processing-fee amount or percentage is published on the reviewed product pages or in the current retail for this product family. The Union Vehicle page mentions a processing-fee cheque when applying, but does not publish the fee amount on the reviewed page.
No numeric prepayment or foreclosure charge is published on the reviewed product page or current retail table for this variant.
Green marks the most favourable compatible published number or range in each column; incomparable units and overlapping range trade-offs remain neutral. It does not account for eligibility, service, exclusions or personal suitability.
Baroda Digital Education LoanBank of Baroda
