Hum Hai Na
Interest Rate
13.60%
Max Loan
₹1 Crore
Max Tenure
7 years
Processing Fee
1%
ICICI Bank provides education loans for studies in India and abroad with competitive rates and a robust digital platform. The bank offers loans up to ₹1 Crore for international education, making it ideal for expensive programs in the US, UK, Canada, and Australia.
| Parameter | Details |
|---|---|
| Bank Name | ICICI Bank |
| Bank Type | Private Banks |
| Interest Rate | 13.60% – 14.60% |
| Maximum Loan Amount | ₹1 Crore |
| Maximum Tenure | 7 years |
| Processing Fee | 1% |
| Moratorium Period | Course period + 6 months |
| Eligible Schemes | Skill Loan Scheme, CSIS |
| Loan Category | Interest Rate (p.a.) |
|---|---|
| Up to ₹4 Lacs | 13.60% p.a. |
| ₹4L – ₹7.5 Lacs | 14.60% p.a. |
| Above ₹7.5 Lacs | 14.60% p.a. |
| Premier institutions | 13.60% p.a. |
Rates are indicative. Final interest rate depends on applicant profile, course, institute, and collateral provided.
Loan up to ₹1 Crore for abroad
Pre-visa disbursement available
Quick digital approval process
Coverage: tuition, travel, accommodation
Skill Loan Scheme integration
Tax benefit under 80E
Advantages
Disadvantages
Indian national or NRI
Secured admission in recognized institution
Co-applicant required
Good academic record
Apply via ICICI iMobile or website
Fill online form & upload documents
In-principal approval within 48 hours
Final verification & sanction
Disbursement to institution / student
Pro Tip: Apply at least 4–6 weeks before your course fee payment deadline to avoid last-minute delays.
Hum Hai Na
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Eligible Government Schemes
Skill Loan Scheme, CSIS
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