Trusted by 12+ Banking Partners
ICICI Bank
Axis Bank
Credila
PNB
Union Bank
IDFC First
Yes Bank
Avanse
Tata Capital
Auxilo
Prodigy Finance
PoonawallaICICI BankAxis BankCredilaPNBUnion BankIDFC FirstYes BankAvanseTata CapitalAuxiloProdigy FinancePoonawallaHyper-personalized financial solutions that power your education!
Moving abroad for your higher education opens several doors. You can gain access to highly-acclaimed and globally recognized programmes, or you may enhance your career prospects for the future. We have designed a study abroad loan for students who are planning to pursue higher education outside the country. Even if you are applying for a collateral-free education loan, you can achieve all your academic aspirations with ease! We offer a student loan without collateral and with collateral, depending on your student loan requirements.
Financing
Repayments
Solutions
Loans
We make education financing simple, fast, and transparent
Bank-level security with end-to-end encryption for all your financial data and documents.
Get quick decisions on your loan applications with our streamlined digital process.
Starting from 6.85% per annum with flexible EMI options tailored to your future income.
Collateral-free education loans up to ₹75 Lakhs for study in India and up to ₹1.5 Crore with collateral for study abroad.
Dedicated education loan specialists guide you through every step of the process.
Transparent pricing with no processing fees or hidden charges throughout your loan tenure.
15,000+
Happy Students
98%
Success Rate
50+
Partner Institutions
Get your education loan approved in 4 simple steps
48hrs
Quick Approval
6.85%
Starting Rate
100%
Secure Process
"Making education dreams accessible to everyone"
— FundMyCampus
LOAN APPLICATION
Fill out a simple application form in just 5 minutes
Step 01
Step 02
Step 03
Step 04
Use our powerful calculators and tools to make informed decisions about your education loan
Calculate your monthly loan payments instantly with our smart calculator
Check your maximum loan eligibility based on income and credit score
Compare multiple loan offers side by side to find the best deal
Get instant AI-powered feedback on your Statement of Purpose
Rates from 6.85% · Last updated: May 2026 · Indicative data, final terms subject to lender approval
Our Banking Partners
Processing
0.5% - 1%
Amount
Up To ₹2 Cr
Tenure
Up To 14 Years
Processing
0.5% - 1%
Amount
Up To ₹3 Cr
Tenure
Up To 15 Years
Processing
0.85% - 1%
Amount
Up To ₹1 Cr
Tenure
Up To 15 Years
Processing
0.5% - 1%
Amount
Up To ₹2 Cr
Tenure
Up To 15 Years
Processing
0 - ₹5K
Amount
Up To ₹75 Lakhs
Tenure
Up To 15 Years
Processing
0.5% - 1%
Amount
Up To ₹1.5 Cr
Tenure
Up To 15 Years
Processing
0.5% - 1%
Amount
Up To ₹2 Cr
Tenure
Up To 15 Years
Processing
0 - 0.5%
Amount
Up To ₹1.5 Cr
Tenure
Up To 15 Years
Processing
0.5% - 1%
Amount
Up To ₹2 Cr
Tenure
Up To 15 Years
Processing
0 - 0.5%
Amount
Up To ₹1.5 Cr
Tenure
Up To 15 Years
Processing
0 - 5%
Amount
Up To 150,000 Dollars
Tenure
Up To 15 Years
Processing
0.75% - 1%
Amount
Up To ₹3 Cr
Tenure
Up To 15 Years
Real Student Stories
From IIMs and IITs to MIT and Oxford — our counselors have helped students at every step.
“I got my loan sanctioned in just 5 days. The counselor compared 4 banks for me and picked the lowest rate. I would have paid ₹3 Lakhs more in interest without their help.”
Arjun Mehta
MS Computer Science · Carnegie Mellon University, USA
Education Loans 101
An education loan is a long-term loan from banks or NBFCs to fund higher education in India or abroad. With FundMyCampus, you get access to all 12+ banking partners — one application, multiple offers.
₹1.1 Lakh Cr+
India edu-loan market (2026)
12+
Banking partners
8 yrs
Section 80E coverage
Lender Types
Each lender category has different rate, speed, and flexibility profiles. We help you find the right match.
Public Sector Banks
8.0% – 10.5%SBI · PNB · BoB · Canara · Union
Lowest interest rates, govt-backed schemes (CSIS, CGFSEL). Strict eligibility, 15–30 day processing.
Private Sector Banks
10% – 12%ICICI · Axis · HDFC · IDFC · Yes
Faster turnaround (7–14 days), flexible eligibility, strong unsecured options up to ₹50 L.
NBFCs
10.5% – 14%Credila · Avanse · Auxilo · Tata · Poonawalla
Highest unsecured limits (up to ₹1.5 Cr), fastest approvals (5–7 days), most flexible terms.
International Lenders
9.25% – 13.5% (USD)Prodigy Finance · MPower
No Indian co-signer required. USD/EUR loans for top US/UK universities.
Coverage
Beyond just tuition — most lenders cover the full cost of attendance.
Tuition fees
Hostel & accommodation
Books & exam fees
Laptop & equipment
Travel & airfare
Health insurance
Visa & immigration
GRE / GMAT / IELTS
Non-tuition expenses typically capped at 20% of total tuition.
The difference between a 9.5% and an 11.5% loan on a ₹40 L principal over 10 years adds up to nearly ₹4.6 Lakhs. Yet most students apply to whichever lender their family banker suggests. Compare first — save lakhs.
Compare in 2 minutes9.5%
PSU rate
₹3.4 L interest/yr
11.5%
NBFC rate
₹3.9 L interest/yr
10-year cost gap
₹4.6 Lakhs
Section
80E
Tax Benefit
Under Section 80E, interest paid on education loans is fully deductible from taxable income — available for up to 8 consecutive years from when you start repaying. Either the student or co-applicant can claim it.
How We Help
Founded by an IIM Bangalore alum, FundMyCampus is a loan advisory platform — not a bank. We don't charge students any fee, and we're not tied to any lender. We make sure you get the lowest rate, with the least friction, in the shortest time.
Profile match
We match you with the banks most likely to approve your loan.
Rate negotiation
We negotiate rates and processing fees with lenders on your behalf.
Clean documentation
We help you prepare a stress-tested document file.
End-to-end follow-up
We stay involved until the disbursement letter is in your hand.
Fill in your details and our education loan experts will get back to you within 24 hours
Free Consultation — Our education loan experts provide completely free guidance. No hidden charges, no obligations. We help you find the best loan for your profile.
Everything you need to know about education loans in India — eligibility, process, repayment, and more
