Kotak Mahindra Bank Education Loan 2025: A Complete Guide
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Kotak Mahindra Bank offers education loan to study in India or abroad. Study loan amount changes based on eligibility and profile of canadidate. Also, a loan covers expenses such as tuition fees and other related study expenses.
Not everyone has a large savings amount or a fully paid scholarship to pursue higher studies. That’s why many students borrow education loans to cover the cost of their education. Private and government banks, as well as NBFCs, offer study loans based on the eligibility set by them. In this article, we will specifically focus on Kotak Mahindra Bank's education loan.
The bank offers up to INR 10 lakh for studying in India and INR 20 lakh for studying abroad to eligible students. Additionally, Kotak Mahindra Bank provides education loans for studying abroad in partnership with HDFC Credila, allowing students to borrow up to INR 75 lakh, without any collateral. Let’s know about the study loan offered by Kotak Mahindra Bank, including eligibility, how to apply and more.
- Kotak Mahindra Bank Education Loan 2025
- Kotak Mahindra Bank Education Loan Interest Rate 2025
- Eligibility for Kotak Mahindra Bank Education Loan
- Documents Required for Kotak Education Loan
Kotak Mahindra Bank Education Loan 2025
Kotak Mahindra Bank is one of the selected and famous education loan providers in India. It offers student loans for both studying abroad and in India. The easy and digital application process simplifies the loan application for students. The ROI of the Kotak education loan is fixed, which means your EMI will be the same throughout the tenure. Let’s have a quick look at the study loan details:
| Overview of Kotak Mahindra Bank Education Loan |
|
|---|---|
| Loan Amount |
|
| Kotak Bank Education Loan Interest Rate |
10.25% to 16% (Based on Profile of Students) |
| Loan Coverage |
|
| Repayment Tenure |
Up to 15 years |
| Moratorium Period |
Course Duration 1 Year |
| Tax Benefits |
Income tax benefit on interest paid under Section 80E. |
| Application Process |
Students can apply online and offline |
Kotak Mahindra Bank Education Loan Interest Rate 2025
Kotak Mahindra Bank offers student loans with a fixed interest rate, which can go up to 16%. This means that your interest amount and monthly EMI will remain the same throughout the loan tenure, even if the RBI changes the repo rate. Other than this, the bank will ask you to pay other charges such as processing fee, file charge and more. Knowing these things will help you at the time of application.
Kotak Education Loan ROI for Study Abroad
Kotak Mahindra Bank provides education loan for abroad studies in a tie-up with HDFC Credila. This study loan covers 100% of tuition fees and other expenses related to your higher studies. 10.25% is the starting ROI for student loans for abroad studies.
Useful Reads
| Best Time to Think about Finances to Study Abroad | Best Education Loan Providers |
| Student Loan Vs Self-Finance | Documents for Education Loan |
Eligibility for Kotak Mahindra Bank Education Loan
Kotak Mahindra Bank does not offer education loans to students who do not meet the eligibility criteria. All applicants must fulfill the bank’s specified requirements. Below is a point-wise breakdown of the eligibility criteria:
| Eligibility for Loan Application | |
|---|---|
| Eligibility for Applicants |
|
| Eligibility for Co-Applicants |
|
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Documents Required for Kotak Education Loan
Check out documents you should have at the time of applying for Kotak Mahindra Bank education loan:
| Document Type |
Applicant |
Guarantor (Co-applicant/Co-borrower) |
|---|---|---|
| Application Form |
Required |
Required |
| Photographs |
Two recent passport-sized photos |
Two recent passport-sized photos |
| Proof of Identity |
Passport/PAN/Aadhaar Card/Driver’s License/Voter ID |
Passport/PAN/Aadhaar/Driver’s License/Voter ID |
| Proof of Residence |
|
|
| Signature Verification |
Required |
Required |
| Academic Records |
Mark sheets, certificates, entrance exam scores |
Not Required |
| Admission Proof |
Admission letter, fee structure |
Not Required |
| Proof of Relationship to Applicant |
Not Required |
Birth Certificate/Ration Card or other proof |
| Financial Documents (For salaried individuals) |
Not Required |
Salary slips (last 3 months), Form 16/ITR (last 2 years), Bank statements (last 6 months) |
| Financial Documents (For self-employed individuals) |
Not Required |
ITR (last 2 years), Business proof, GST registration, Bank statements (last 6 months) |
Education Loans By Other Banks
| Union Bank of India Education Loan | Axis Bank Education Loan |
| Axis Bank Education Loan | Avanse Education Loan |
Want any expert guidance? Contact India’s leading education loan providers through Shiksha Study Abroad. For more queries. Do write to us in the comments below. Or request a call back from our Shiksha Study Abroad Counselling Services.
Commonly asked questions
Coventry University ranking in the UK is among the Top 100 Universities in the UK, as per The Guardian rankings. It ranks at #70 in UK. Whereas, in The Complete University Guide Rankings, Coventry ranks at #59 in 2026. For a few subjects by The Guardian rankings, Coventry ranks at #3 for Mental Health Nursing, #4 for Fine Art, #5 for Interior Design, etc.
No, Heriot-Watt is not a part of the Russell Group Universities in UK. However, it is one of the top 3 universities in Scotland, as part of the latest Shiksha Rankings.
The Heriot Watt University Ranking in Scotland is #3. This makes it a great choice for students planning higher studies in Scotland.
In the UK-specific universities rankings, the Uni of Hertfordshire ranks at #48 in 2026 by the Guardian rankings. In the previous year's rankings, this university was ranked at #75. A huge improvement can be seen in the Guardian rankings. In the Complete University Guide rankings 2026, Hertfordshire University ranks at #82. So, in the UK-based rankings, this university ranks in the Top 100 UK Universities.
Statement of Purpose
Letter of Recommendation
Student Visa Application
Admission Essay Writing
Student Curriculum Vitae