For which courses can I apply for an education loan?

Most banks will give you an education loan for a graduate, post-graduate or Master's degree course. A few may even consider diploma or professional courses provided you have enrolled from the top-tier universities abroad.

How do I get started on my loan application?

You can download the digibank by DBS app, register and once your KYC is complete, you can apply for an education loan at your convenience.

When should I apply for my education loan?

You can apply for an education loan any time during your journey of applying to universities and getting admitted.

Is there income tax benefit on the interest component of an education loan?

Yes. According to the Income Tax Act of India, you can claim a deduction on education loan interest under Section 80E.

Can I transfer my education loan to another bank to get a lower interest rate?

Yes. You may be able to transfer your education loan from one bank to another if you want to benefit from a lower interest rate.

Check Education Loan Interest Rates Online

Open digibank Savings Account - Enjoy ₹450* Signup Cashback!

Your search for instant, intelligent & intuitive banking ends here. Experience digibank-The Unbank!

Education Loan Interest Rates

Education Loan Interest Rates

Frequently Asked Questions

Open digibank Savings Account - Enjoy ₹450* Signup Cashback!

Our Products

Need Help?

Interest Rates & Calculators

Others

Download digibank

Useful Links

Markets