Education Loan Interest Rate Comparisons: Banks vs. NBFCs

Education Loan Interest Rate of Top Public Sector Banks

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State Bank of India: 11.5% Bank of Baroda: 9.70% (for premier institutions) 11.15% (for other institutions) 10.20% (for loans above INR 7.5 lakh)

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Education Loan Interest Rate of Top Private Sector Banks

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HDFC Bank: 12.5% ICICI Bank: Starting from [REPO + 3.75% (Spread)] Yes Bank: Starting from 10.99%

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Education Loan Interest Rate of Top NBFCs

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Avanse Financial Services: 14-16.5% MPower Finance: Starting from 12.99% p.a. (13.98% APR) Prodigy: Starts from 10.50%

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To know about interest rates of top banks and NBFCs - SWIPE UP!

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Education Loan Interest Rate Comparisons: Banks vs. NBFCs

Education Loan Interest Rate of Top Public Sector Banks

State Bank of India: 11.5% Bank of Baroda: 9.70% (for premier institutions) 11.15% (for other institutions) 10.20% (for loans above INR 7.5 lakh)

Rate of Interest

Education Loan Interest Rate of Top Private Sector Banks

HDFC Bank: 12.5% ICICI Bank: Starting from [REPO + 3.75% (Spread)] Yes Bank: Starting from 10.99%

Rate of Interest

Education Loan Interest Rate of Top NBFCs

Avanse Financial Services: 14-16.5% MPower Finance: Starting from 12.99% p.a. (13.98% APR) Prodigy: Starts from 10.50%

Rate of Interest

To know about interest rates of top banks and NBFCs - SWIPE UP!