Know More About Education Loan for Germany Now.
Education loans for germany.png

Education Loan for Germany

Updated on Nov 15, 2022
10k views

International Scholarship programs for students to study in Germany provides a percentage of all the below-mentioned expenses.

Cost of Education in Germany for International students

Courses

Cost per semester (Euro)

Undergraduate courses

€ 250 to €600

Postgraduate courses

€300 to €700

Doctorate courses

€300 to €500

Average amount of Scholarship granted

€400 per annum

The average annual cost of studying in Germany is between 11,000 and 15,000 EUR. Typically, education loans pay 80% of this cost. Some non-banking financial institutes offer 100% loans to study in Germany as well. 

Another advantage of taking out an education loan in Germany is that students may borrow up to 7.5 lakhs without any collateral.

Here are some education loans for Germany 

Bank 

Loan Amount

Interest Rates

SBI

10 lakhs to 1.25 Crores

10.80% to 12.50%

ICICI

20 lakhs to 1 Crore

12.25% to 14.25%

PNB

20 lakhs to 1 Crore

10.35% to 12.25%

Credila

10 lakhs to 50 lakhs

13% to 16%

Avanse 

4 lakhs to 1.25 Crores

12% to 16%

InCred

Up to 1 crore

11.75% - 16%

Axis

Up to 75 Lakhs

10.5% to 15%

MPOWER Financing 

Up to 75 Lakhs

11.99% to 13.99%

IDFC

20 lakhs to 1 Crore

12.25% to 14.25%

Bank of Baroda

Up to 1.25 crore

7.85% to 9.85%

HDFC

Up to Rs.30 lakh

9.55% to 13.25%

Tata Capital Education Loan

Up to 25 lakh

10.99% onwards

Union Bank of India

Up to 25 lakh

8.80% to 10.05%

Kotak Mahindra Bank

Up to 20 lakh

Up to 16%

Federal Bank

4 Lakhs to 15 Lakhs

10.05% onwards

Want to download The Complete Guide to IELTS? Sign up below -

Browse Study Abroad Countries

Study in USA

Study in USA

Study in Canada

Study in Canada

Study in Australia

Study in Australia

Study in UK

Study in UK

Study in Germany

Study in Germany

Study in Ireland

Study in Ireland

Recent Articles

Top 5 government education loan schemes to study abroad!
Top 5 government education loan schemes to study abroad!

Updated on Apr 05 ,2022

Student loan calculator | Calculate loans, interest, EMI, and more!
Student loan calculator | Calculate loans, interest, EMI, and more!

Updated on Mar 28 ,2022

Student loan interest rates | Everything you should know about it
Student loan interest rates | Everything you should know about it

Updated on Mar 22 ,2022

share

  • Icon: Facebook
  • Icon: Twitter
  • Icon: LinkedIn
  • Icon: WhatsApp
  • Icon: Email