Study LEAP bridges the gap between your academic ambitions and financial realities. Whether studying domestically or abroad, we make funding your future simple, fast, and stress-free.
Education loans for IIT, IIM, NIT, AIIMS, top Indian universities & 50+ countries. Serving students from Delhi, Prayagraj, Zirakpur & all across India.
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Based in Barnala, Punjab, Study LEAP is a trusted education loan partner for students across India. We simplify the loan process so you can focus on what matters — your education.
From consultation to disbursal, we cover every step of your education loan journey.
Finance your studies at top Indian universities and colleges. Covers tuition, hostel, books, and more. Loans up to ₹75 lakhs.
Check Eligibility →Study abroad at your dream university. We support 50+ countries including USA, UK, Canada, Australia & Europe.
Check Eligibility →Free one-on-one session with our certified loan advisors to choose the best loan plan tailored to your profile.
Book Session →We help you prepare, verify, and submit all required documents accurately — reducing rejections significantly.
View Documents →Our network with top banks ensures your loan is processed and approved within 48–72 hours of document submission.
Apply Now →Discover scholarships and grants that can reduce your loan burden. We help identify and apply for the right ones.
Explore →Seamless foreign currency exchange and tuition fee remittance to international institutions at best rates.
Get Rates →Protect your education loan with affordable insurance plans ensuring repayment continuity in unforeseen circumstances.
Know More →Use our calculator to estimate your monthly EMI and plan your finances accordingly.
Move the sliders to see your estimated EMI instantly
Check your eligibility and prepare your documents to ensure a smooth loan process.
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We help students in every major city get the best education loan — online or in-person at our 3 offices.
Detailed guides for every bank and NBFC — rates, eligibility, pros & cons.
Free guides, calculators, and resources to make the right loan decision.
Everything you need to know about education loans in India and abroad.
Education loan interest rates in India start from 8.5% per annum for government banks like SBI, Bank of Baroda, and Union Bank. Private banks like HDFC Credila and Axis Bank typically offer rates between 10–13% p.a. Study LEAP compares rates across 50+ lenders to find you the lowest rate based on your profile, loan amount, and destination country.
Most banks in India offer collateral-free education loans up to ₹7.5 lakhs under the IBA model. For loans above ₹7.5 lakhs (up to ₹75 lakhs), collateral such as property, FD, or LIC policy may be required. Private lenders like HDFC Credila and Prodigy Finance offer higher unsecured loans based on your university's ranking and co-applicant income.
The moratorium period in an education loan is the grace period during which you are not required to pay EMIs — typically the course duration + 6 to 12 months after course completion or getting a job, whichever is earlier. During this period, simple interest accrues which can optionally be paid to reduce overall interest burden.
Yes! Study LEAP facilitates education loans for 50+ countries including USA, UK, Canada, Australia, Germany, Ireland, France and more. For Canada, we also assist with GIC (Guaranteed Investment Certificate) requirements. Loans cover tuition, accommodation, travel, study materials, and living expenses abroad.
Under Section 80E of the Income Tax Act, the interest paid on education loans is fully deductible from taxable income for up to 8 consecutive years from the year repayment begins. There is no upper limit on the deduction amount. This applies to loans taken for higher education in India or abroad.
Going to a single bank means you see only their rates and products. Study LEAP compares 50+ banks simultaneously, negotiates preferential rates on your behalf, handles all documentation end-to-end, reduces rejection risk through correct filing, and provides post-disbursement support — all at zero cost to you. Our clients typically save ₹1–3 lakhs in total interest.
Yes. NBFCs like Avanse Financial and Auxilo offer collateral-free education loans up to ₹75 lakhs for international studies at recognised universities. Government banks like SBI offer unsecured loans up to ₹7.5 lakhs without collateral. Eligibility depends on your university ranking, co-applicant income, and course type. Learn more about collateral-free loans →
The moratorium period is a repayment holiday covering the course duration plus 6–12 months after completion. During this time you don't pay EMIs, but interest accrues. Paying simple interest during the moratorium can save you significantly — for example, on a ₹30L loan at 10%, paying interest during a 2-year course saves approximately ₹6–8 lakhs over the loan tenure. Read the full guide →
Yes. Under Section 80E of the Income Tax Act, the entire interest paid on an education loan is tax deductible — with no upper limit — for up to 8 consecutive years from when repayment begins. This applies to loans taken for yourself, spouse, children, or a student under your legal guardianship. Read full Section 80E guide →
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