Education and Career Forum

Hi friends, I want to take an education loan of Rs. 30 Lacs for studying in Abroad. I would like to know that IDBI Bank will provide me the education loan of this amount or not? Please tell me as soon as possible.

Yes, the IDBI Bank offers an education loan of Rs. 30 lakhs for pursuing higher studies in Abroad. You should have secured admission to higher education course in top Abroad universities to be eligible to get an education loan of Rs. 30 lakhs from IDBI Bank. You have to submit the collateral security documents of value equal to loan amount acceptable to bank for processing your education loan application of Rs. 30 lakhs for pursuing higher studies in Abroad.

Originally Posted by Unregistered

Hi friends, I want to take an education loan of Rs. 30 Lacs for studying in Abroad. I would like to know that IDBI Bank will provide me the education loan of this amount or not? Please tell me as soon as possible.

Yes, IDBI Bank offers education loans up to Rs 30 Lakhs to studies abroad. IDBI Bank offers maximum Rs 20 Lakhs for studies in India. Generally, it is need based finance subject to repaying capacity of the parents/students with margin. Students can get the education loan to study abroad for the following courses: job oriented professional / technical (graduation) courses offered by reputed universities, MCA, MBA, MS, etc. approved Post Graduate Diploma Courses also and courses conducted by CIMA – London, CPA in USA, etc.

No, they provide up to 20 lacs for studying abroad and 10 lacs for studying in India. If you want more, then you have to think about other options, because IDBI doesn't offer such big education loans.


You can look for other options like SBI, HDFC, ICICI, Kotak Mahindra, etc, which are bigger than IDBI.