Interest Rates | Education Loan for Germany

Numerous students choose to study abroad in order to obtain a better education. Education loans are considered one of the best ways to cover the cost of studying abroad. As the number of outbound students grows, numerous banks offer low-interest education loans for international studies. Below is the comprehensive information containing the list of interest rates provided by banks.

The interest rate on a German educational loan typically runs from 8.85 % to 16 %. The actual interest rate is determined by the student's profile.

Educational Loan Options - Without Collateral

Public Banks: 10%-11%

Private Banks: 11.25%-12%

Educational Loan Options - With Collateral

Public Banks : 8.85%-10.25%

Private Banks: 11%-13.5%

Here are some education loans and interest rates for Germany

Bank	Interest Rates
SBI	10.80% to 12.50%
ICICI	12.25% to 14.25%
PNB	10.35% to 12.25%
Credila	13% to 16%
Avanse	12% to 16%
InCred	11.75% - 16%
Axis	10.5% to 15%
MPOWER Financing	11.99% to 13.99%
IDFC	12.25% to 14.25%
Bank of Baroda	7.85% to 9.85%
HDFC	9.55% to 13.25%
Tata Capital Education Loan	10.99% onwards
Union Bank of India	8.80% to 10.05%
Kotak Mahindra Bank	Up to 16%
Federal Bank	10.05% onwards
Bank of India	9.05% onwards
Canara Bank	8.50% onwards
Indian Overseas Bank	10.65% onwards
UCO Bank	9.30% onwards