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College fees
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Travel costs
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Examination fees
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Library fees
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Cost of books
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Uniform Cost
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Education-related technology/instruments cost
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Other course-related expenses
- State Bank of India
- Bank of Baroda
- Punjab National Bank
- IDBI Bank
- Indian Overseas Bank
- Central Bank of India
- ICICI Bank
- Canara Bank
- South Indian Bank
- Bank of Maharashtra
- UCO Bank
- YES Bank
- State Bank of India
- Bank of Baroda
- Punjab National Bank
- IDBI Bank
- Indian Overseas Bank
- Central Bank of India
- ICICI Bank
- Canara Bank
- South Indian Bank
- Bank of Maharashtra
- UCO Bank
- YES Bank
Updated on: 06 Sep 2023
Table of Content Education loan schemes for the higher education of girls aim at women empowerment through financing their education. Several public and private banks come forward with handpicked schemes for girls’ higher education. Despite their goal being the same, the loan products available in the market differ slightly from one another. Having a comparative understanding of the education loan schemes available for girls would help choosing the best-suited option. Read on to learn about the top education loan schemes for girls in India Here are the top loan schemes devised especially for the girl students by the leading Indian banks: The Corp Vidya Scheme by the Corporation Bank of India offers a concession up to *50 bps (basis points) to girls below the interest rates on education loans. This scheme is applicable for domestic and abroad study aspirants. *50 bps= 0.5% The loan scheme covers education expenses like: The Cent Vidyarthi scheme by the Central Bank of India offers unsecured education loans up to 10 lakhs for students to study in India and 20 lakhs for studying abroad. In addition to the general lower interest rate under this scheme, girl applicants would get 0.5% more concession in the interest rates. The interest rate for women belonging to ST/SC (Scheduled Caste/Tribe) would be MCLR (Marginal Cost of Funds Based Lending Rate) 1.5%. There is no upper limit on the loan amount sanctioned for loans with collateral. Most education-related expenses are covered within the scheme, like college fees, books, laboratory fees, examinations fees, accommodation, and travel expenses. The Indian Overseas Bank’s Vidya Jyoti scheme offers a concession of 0.5% for girls on loan interests apart from the general interest exception. The maximum loan amount is 30 lakhs for studying in India and 40 lakhs for education abroad. The scheme allows a flexible repayment tenure, which ranges from 5 to 7 years. Fill the form to get free expert help Baroda scholar scheme provides education loans up to 80 lakhs for higher studies in India and abroad. In this scheme, an additional concession of 0.5% in interest rate is available for girl students. The interest rates are lower for premium institutions listed by the bank. The Baroda Scholar scheme covers all the related expenses, like tuition, travel, etc. The Baroda Gyan scheme allows the parent of an Indian student to apply for an education loan. There will be no processing fee for up to 7.5 lakhs. Girl students can avail an additional 0.5% interest concession in this scheme. The following is the list of some other banks that offer a 0.5% interest concession for girl students: Are you also searching for an education loan to turn your overseas study dreams into reality? Contact GyanDhan, India’s first education financing marketplace. GyanDhan helps students get education loans to study abroad at the best interest rates and in the minimum duration. Top financial lenders in India are our partners, including government (public) sector banks, private sector banks, NBFCs, and international lenders. GyanDhan can help you with a quicker and easy loan application process by evaluating your profile and connecting it with the best lender in the market. All our services are simple, transparent, and free for applicants. You can check your loan eligibility to know your chances of getting an abroad education loan via GyanDhan and get free help in availing of the abroad education financing. Public banks offer the lowest interest rate for education loans for girls. Central bank of India, Indian Overseas Bank, and Bank of Baroda are some public banks offering education loans with the lowest interest rates for girls. Generally public and private banks offer 0.5% concession for girls in education loan interest rates. Education loan schemes, such as Corp Vidya Scheme, Cent Vidyarthi, Vidya Jyoti, Baroda scholar, etc., offer interest concession to girl students. 
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Top Education Loan Schemes for Girl Students in India
Corp Vidya Scheme - Corporation Bank of India
Cent Vidyarthi - Central Bank of India
Vidhya Jyoti - Indian Overseas Bank
Need An Abroad Education Loan?
Baroda Scholar - Bank of Baroda
Baroda Gyan - Bank of Baroda
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How can GyanDhan help in getting an abroad education loan?
Frequently Asked Questions
Which bank has the lowest interest rate for education loans for girls?
Several public and private sector banks are offering a 0.5% interest concession for girls in education loans. The following is a list of some of them:
What is the rate of interest for an education loan for girls?
First published date: 10 May 2021
About author
Aman Jain
Aman Jain graduated from IIT Kanpur, and currently functions as the VP of Marketing & Operations. He is deeply passionate about creating equality in higher education and has directly interacted with 2000+ students in his year-long journey.
GyanDhan is India's first education financing marketplace.
