IDBI has structured a loan facility for Professional / Management / Foreign University education.

Courses approved


Indian Universities 

For Professional Courses i.e. B.E., B.Tech., M.B.B.S. Post Graduate Courses i.e. M.E., M.Tech., M.S., M.D., M.B.A., M.C.A., etc. recognized by AICTEFor part time / on-line distance learning courses (subject to terms & conditions)


Foreign Universities 

For Graduate/Post Graduate/Research/Doctorate studies that insist on TOEFL, GRE, GMAT scores.




Indian Universities 

For Graduate courses : at least 75% in the +2 stage.

For Post Graduate Courses : first class graduates.


Foreign Universities

Proof of TOEFL, GMAT, GRE score card, and 1-20 admit card.

Age of the applicant should not be more than 30 years for Indian Universities and 35 for Foreign Universities. Age of the parent / Guarantors should be below 55 Years. The annual income of the family should not be less than Rs. 3 lakhs.


Amount of loan 

Study in India - Rs.10 lakhs

Study Abroad -Rs.20 lakhs



Studies in India - upto Rs. 4 lac- Nil, above Rs. 4 lac- 5% of the total course expenses 

Studies abroad - 15% of the total course expenses



The repayment of loan to begin after the course period + 1 year or 6 months after getting a job, whichever is earlier. The loan to be repaid within 5-7 years (maximum tenor 84 months) after commencement of repayment.


Rate Of Interest

Upto Rs 4 lacs : BPLR – 1% p.a (12.25%)

Above Rs 4 lacs : BPLR p.a. (13.25%)