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IDFC First Bank Education Loan

IDFC First Bank focuses on professional and technical courses abroad. Processing is relatively faster than PSU banks, and their unsecured limit is competitive.

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Interest Rates & Limits

At a glance

Secured Rate
11.0 - 11.5 %
Up to ₹ 50,00,000 MAX
Unsecured Rate
10.8 - 13.0 %
Up to ₹ 1,00,00,000 MAX
Loan Details

What to expect

Collateral Required
Property or FD for secured option.
Loan Tenure
Up to 12 years.
Moratorium Period
Course duration + 6–12 months.
Processing Fee
Confirm at time of application.
Best Suited For
Students with a strong profile seeking a mid-range unsecured loan.
Important: Rates and terms shown are indicative based on our lending partnerships as of 2025–26. Actual rate, amount, and eligibility depend on your profile and are subject to lender assessment. Always confirm directly with IDFC First Bank or through our counsellors before applying.
Documents Needed

What you'll typically need

  • Confirmed admission letter from your university.
  • Academic transcripts — 10th, 12th, and graduation.
  • GRE / GMAT / IELTS / TOEFL scores (if applicable).
  • KYC documents of student and co-applicant (Aadhaar, PAN, Passport).
  • Co-applicant income proof — salary slips / ITR / bank statements.
  • Collateral documents — title deed, encumbrance certificate, valuation report.
  • University fee structure and cost of attendance breakdown.

See full document checklist →

Approved Universities

Institutions funded by IDFC First Bank

37 universities
UniversityCountryCategory
Massachusetts Institute of TechnologyUSAPlatinum Plus
Stanford UniversityUSAPlatinum Plus
Carnegie Mellon UniversityUSAPlatinum Plus
Johns Hopkins UniversityUSAPlatinum Plus
Georgia Institute of TechnologyUSAPlatinum Plus
Purdue UniversityUSAPlatinum Plus
University of Southern CaliforniaUSAPlatinum Plus
Cornell UniversityUSAPlatinum Plus
Columbia UniversityUSAPlatinum Plus
Duke UniversityUSAPlatinum Plus
University of Colorado BoulderUSAPlatinum Plus
INSEADFrancePlatinum Plus
Imperial College LondonUnited KingdomPlatinum Plus
ESADE Business SchoolSpainPlatinum Plus
University of ChicagoUSAPlatinum Plus
Cranfield UniversityUnited KingdomPlatinum
University of SouthamptonUnited KingdomPlatinum
University of LeedsUnited KingdomPlatinum
University of GlasgowUnited KingdomPlatinum
University of BristolUnited KingdomPlatinum
University of BirminghamUnited KingdomPlatinum
UCL (University College London)United KingdomPlatinum
The University of WarwickUnited KingdomPlatinum
University College DublinIrelandPlatinum
Trinity College DublinIrelandPlatinum
Karolinska InstituteSwedenPlatinum
Uppsala UniversitySwedenPlatinum
University of ReadingUnited KingdomTitanium
University of BathUnited KingdomTitanium
The University of NottinghamUnited KingdomTitanium
Queen Mary University of LondonUnited KingdomTitanium
The University of SheffieldUnited KingdomTitanium
University of LimerickIrelandTitanium
University College CorkIrelandTitanium
National University of Ireland, GalwayIrelandTitanium
Macquarie UniversityAustraliaTitanium
James Cook UniversityAustraliaGold

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Country-Wise Rates

Rates by destination country

Rates and limits vary by country. Click a country for full details.

Country Secured Rate Unsecured Rate
Australia—11.75% - 13.25%
Up to ₹35 Lakh
Canada—11% - 12.25%
Up to ₹75 Lakh
France—11.75% - 13.25%
Up to ₹35 Lakh
Germany—11.75% - 13.25%
Up to ₹35 Lakh
Ireland—11.75% - 13.25%
Up to ₹35 Lakh
New Zealand—11.15% - 13%
Up to ₹40 Lakh
United Kingdom—11.75% - 13.25%
Up to ₹35 Lakh
United States—11.50% - 12.25%
Up to ₹35 Lakh

Rates are indicative as of 2025–26. Confirm with the lender before applying.

Ready to apply through IDFC First Bank?

We'll check your eligibility, negotiate the rate, and walk you through the paperwork — so you focus on your degree, not the bank.

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