Who can get an education loan, what lenders check, and how the criteria differ between banks and NBFCs — with each lender's requirements side by side.
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| Lender | Age | Minimum marks | Co-applicant CIBIL |
|---|---|---|---|
| SBI | 16–35 years | 60% | 700+ |
| Canara Bank | 18–35 years | 60% | 700+ |
| PNB | 18–35 years | 60% | 700+ |
| Bank of Baroda | 18–35 years | 60% | 700+ |
| Prodigy Finance | No fixed range | Profile-based | — |
| Union Bank | 18–35 years | 60% | 700+ |
| ICICI | 18–35 years | 60% | 700+ |
| Axis Bank | 18–35 years | 60% | 700+ |
| IDFC First Bank | 18–35 years | 60% | 720+ |
| Yes Bank | 18–35 years | 60% | 720+ |
| HDFC Credila | 18–35 years | No strict minimum | 650+ |
| Poonawalla | 18–35 years | 60% | 700+ |
| Tata Capital | 18–35 years | 60% | 700+ |
| Avanse | 18–35 years | No strict minimum | 650+ |
| Auxilo | 18–35 years | No strict minimum | 680+ |
From each lender's published criteria. Marks requirements are often relaxed for premier institutions.
The amount depends on your course cost, university, co-applicant income and whether you offer collateral. Public sector banks lend up to ₹7.5 Lakhs without collateral for any recognised course, and much more for premier institutions or with security. See collateral-free limits by lender and compare maximum amounts, then estimate repayments with the EMI calculator.
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