Make college memories that last a lot longer than your student loan payments.

IDBI Bank Education Loan

Education loans from IDBI Bank aims at providing financial support to deserving / meritorious students for pursuing higher education in India and abroad. With an array of services to choose from and easy repayment options, IDBI Bank makes sure you get complete financial backing.

IDBI Education Loan Interest Rates

Schemes Interest Rates
Loans for Non-Vocational Courses Up to Rs.7.5 lakh-8.65% Above Rs.7.5 lakh-9.15%
Loans for Vocational/ Skill Development Courses 9.05%
Loans for Premier Education Institutes courses 7.15%

Find education loan interest rates here.

IDBI Bank Education Loan EMI Calculator

Before you take a loan, it is important for you to have an idea about the EMI amount that you will have to pay every month. IDBI Bank offers an online EMI calculator on its website through which you can take a more informed decision as to whether you should take a loan or not and also how much loan you should take. You can visit this link to calculate your EMI- https://www.credenc.com/idbi-education-loan

Bankbazaar also offers an online education loan EMI calculator which you can determine the EMIs

FAQ's

  1. Can I get a loan for non-vocational courses from IDBI Bank?

    Yes, you can get a loan for non-vocational courses from IDBI Bank for 9.05%.

  2. Does IDBI have an online EMI calculator?

    Yes, IDBI has an online EMI calculator. You can visit this link to calculate your EMI- https://www.credenc.com/idbi-education-loan

  3. What is the maximum amount of loan I can take from IDBI Bank?

    You can avail an education loan of up to Rs.20 lakh from IDBI bank.

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