HOW MUCH EDUCATION LOAN CAN I GET

How Much Education Loan Can I Get

How Much Education Loan Can I Get

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Leading Banks and Their Upper Limits on Education Loan Sanctions 


Introduction


How Much Education Loan Can I Get? Students and families are increasingly using education loans to pay for their higher education as the cost of education keeps rising both in India and elsewhere.

Depending on your financial profile, the course and institution, and whether you pledge collateral, different banks have varying maximum restrictions. To help you prepare before applying, we have broken down the biggest banks and their maximum student loan sanction limits as of 2025 in this post.

Leading Banks and the Sanction Limits for Their Education Loans

  1. State Bank of India (SBI): Up to ₹7.5 lakh through the Global Ed-Vantage Scheme without collateral


Perfect for: International education and prestigious universities

  1. The Udaan Scheme of Punjab copyright (PNB) with ₹30–50 lakh in collateral


provides possibilities for flexible repayment and subsidies.

  1. Bank of Baroda: ₹7.5 to ₹10 lakh for Baroda Scholar and Baroda Vidya without collateral




  1. Canara Bank's Vidya Turant Scheme, which requires collateral of at least ₹40 lakh



  • Approvals for NIRF-ranked institutions are expedited.



  1. Axis Bank with ₹50–75 lakh in collateral



  • Without collateral: ₹15–20 lakh, depending on the circumstances

  • Fast payout and adjustable terms



  1. ICICI Bank with more than ₹50 lakh in collateral



  • Collateral-free: ₹10–15 lakh



  1. HDFC Credila (NBFC) with more than ₹1 crore in collateral



  • Depending on the profile, without collateral: ₹15–25 lakh

  • Personalized loans according to the university and the course


Quick Comparison Table


















































Bank/NBFC Max Loan (Without Collateral) Max Loan (With Collateral)
SBI ₹7.5 lakh ₹1.5 crore
PNB ₹7.5 – ₹10 lakh ₹50 lakh
Bank of Baroda ₹7.5 – ₹10 lakh ₹80 lakh – ₹1 crore
Canara Bank ₹7.5 – ₹20 lakh ₹40 lakh+
Axis Bank ₹15 – ₹20 lakh ₹75 lakh
ICICI Bank ₹10 – ₹15 lakh ₹50 lakh+
HDFC Credila (NBFC) ₹15 – ₹25 lakh ₹1 crore+
Avanse (NBFC) ₹20 lakh+ Full coverage

Conclusion


How Much Education Loan Can I Get? Regarding maximum education loan sanction limitations, Indian students have many options from both public and private sector banks and NBFCs. Private lenders and NBFCs provide flexibility and larger loan amounts, which is advantageous for students looking to enroll in prestigious Indian universities or international universities, even though public banks are safer and more reasonably priced.

Your financial situation, your ability to provide collateral, and the overall cost of your course will all play a role in selecting the best lender.

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