Your education, your future

Starting an educational journey marks is an important milestone, and our loans exist to to ensure that financial constraints never stand in the way of your studies. Whether it’s pursuing a degree in India or abroad, mastering a new skill, or diving into professional courses, our education loans are designed to provide the right kind of financial support. Our loans come with flexible repayment options, competitive interest rates, and substantial loan amounts, making your educational goals a dream you can actually pursue with confidence. Read more

Apply for a KBL Vidyanidhi Quick Education Loan

  • High loan limits for global education
  • Extended repayment for ease
  • Covers a broad range of courses

Apply for a KBL Skill Loan

  • Encourages skill development
  • Loan range for diverse courses
  • Pay with flexible terms

Make matters simple and straightforward

A smart calculator for smart spending and savings

Emi Calculator

Loan amount
25000 1000000
Rate of interest
2% 18%
Loan tenure
1 Months 60 Months

You will pay

₹13,800/Months

Not sure which product is for you?

Let’s find the best fit together

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  • Dedicated KBL experts
  • Set up a call on your time

Why choose our education loans

Getting you where you need to go

Explore higher loan limits for students planning to study abroad

Specialized loans for skill-based learning and certifications

Up to 15 years repayment period for higher education

Who can apply for KBL education loans

  • Individuals who are resident of India
  • Individuals at least 18 years old
  • NRIs holding an Indian passport
  • Minimum salary of ₹10,000 for salaried
  • Minimum income of ₹120,000 for businessmen and self employed
Who can apply
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Expanding the KBL family everyday

Mr. Sirimall Mahesh

“It was quick sanctioning and fully digital”

Mr. Sirimall Mahesh

KBL Xpress Car Loan

17 Jan,2024
Carol Dsouza

“It was very easy to use and helpful. The staff are very friendly and helpful”

Carol Dsouza

KBL Xpress Car Loan

02 Nov,2023
Mr. Shadul Umaji Yadhav

“It was like quick, hassle-free, fully digital. Outstanding and excellent.”

Mr. Shadul Umaji Yadhav

KBL Mobile Plus

02 Nov,2023
Karan Deodatta Pradeshi

“I just wanted to open a new personal account. So my business partner recommended me to open an account in Karnataka Bank and I am quite happy with my decision. They (the staff) are very kind, very supportive and they attend to you very well.”

Karan Deodatta Pradeshi

Savings Account

02 Nov,2023
Rahul Nasal

“I downloaded their mobile banking app to test out its functionality - one of the most responsive and most user friendly. It is the perfect blend of the conventional personal touch banking and the high-tech digital banking”

Rahul Nasal

Mobile Banking

02 Nov,2023

Got questions? We’ve got answers.

Is there a moratorium period for the loan?

Yes, there is a moratorium period which includes the course duration plus an additional six months after course completion, allowing you time to start earning before beginning repayments.

Yes, under Section 80E of the Income Tax Act, you can avail tax benefits on the interest paid towards your education loan.

If the course isn't completed within the scheduled time, a maximum extension of 2 years is permitted. Further extensions may be considered in cases where the student is unable to complete the course due to reasons beyond their control.

This loan covers tuition fees, examination fees, hostel and boarding costs, travel expenses for studying abroad, and other necessary educational expenses like books and equipment.

Yes, NRIs are eligible for our education loans, provided they meet certain conditions as per our bank's policy. This ensures that even if you're living abroad, you can still finance your or your dependents' education in India.

Advantages of education loans

Education loans are designed to finance higher education for students. These loans cover a range of educational expenses, including tuition fees, living costs, books, and supplies. The advantage of education loans is that they enable students to pursue their academic goals without immediate financial constraints. They often have a moratorium period, meaning repayment starts after the completion of the course, providing financial relief to students during their education. Embark on your educational journey with confidence with our education loan. We provide comprehensive support for your education loan process, ensuring a straightforward student loan application experience. Benefit from our competitive education loan interest rates and focus on achieving your academic goals without the financial worry.

Interest rates on education loans are generally competitive, with some lenders offering concessional rates for students of premier institutions or for certain courses. The repayment tenure can extend up to 10-15 years after the completion of the course. When considering an education loan, evaluate the total cost of education, the loan amount needed, and the potential ROI in terms of career prospects. It's also important to understand the terms regarding the moratorium period and repayment options.

Do thoroughly research various loan options and subsidies available. Consider the employment prospects of the chosen field of study to ensure loan repayment is feasible. Maintain good academic performance, as it can impact the terms of the loan. Don't overlook scholarships or part-time work opportunities that can reduce the loan burden. Avoid delaying the repayment process post-education, as it can accrue additional interest and affect your credit score.