Education Loans
Engineering Education Loans
Loans for BE/BTech, ME/MTech and specialised engineering courses at IITs, NITs and top global universities.
Max loan amount
₹1 Crore
Interest from
9.0% p.a.
Tenure
Up to 15 years
Collateral
Secured & unsecured options
Moratorium
Course period + 12 months
Best for:BTech studentsMS in engineeringSTEM abroad
Key features
Why choose a engineering loans with StudCred
Power your engineering degree
STEM focus
Optimised for high-return STEM and engineering fields.
Institute tie-ups
Preferential terms for IITs, NITs and reputed universities.
Equipment cover
Includes laptops, lab and project costs.
Flexible repayment
Moratorium through the full course period.
Eligibility
- Admission to a recognised engineering program
- Co-applicant with stable income
- Strong academic profile
Documents required
- Entrance result (JEE/GATE/GRE)
- Admission letter & fee structure
- KYC & income proof of co-applicant
Enquire about this loan
Get matched to lenders offering engineering loans.
FAQs
Engineering Loans — FAQs
Is a laptop covered under an engineering education loan?
Yes, most education loans include the cost of a laptop and essential equipment as part of course-related expenses.
What is StudCred?
StudCred is a digital education-loan discovery platform. We help students and parents compare loan options from leading banks and NBFCs, check eligibility, calculate EMIs, and get matched to the right lender — for study in India and abroad.
Does StudCred charge students any fee?
No. StudCred's comparison and guidance is free for students. Lenders may charge their own processing fees, which are always disclosed upfront.
How much education loan can I get?
Loan amounts typically range from ₹50,000 up to ₹1.5 Crore depending on the course, institution, co-applicant profile and whether you offer collateral. Use our eligibility calculator for an indicative estimate.
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