Check your ICICI Bank education loan eligibility. Rate: 9.25 - 13.00% p.a. Max amount: ₹1 Cr.
ICICI Bank offers education loan at an interest rate of 9.25 - 13.00% p.a. with a maximum tenure of 12 years. The maximum loan amount is ₹1 Cr with a minimum monthly income requirement of ₹15,000.
| Loan Amount | Monthly EMI | Total Interest | Min Income Required |
|---|---|---|---|
| ₹5 Lakh | ₹8,108 | ₹1,81,072 | ₹16,216/mo |
| ₹7 Lakh | ₹11,351 | ₹2,53,484 | ₹22,702/mo |
| ₹10 Lakh | ₹16,216 | ₹3,62,144 | ₹32,432/mo |
| ₹15 Lakh | ₹24,324 | ₹5,43,216 | ₹48,648/mo |
| ₹20 Lakh | ₹32,432 | ₹7,24,288 | ₹64,864/mo |
| ₹25 Lakh | ₹40,541 | ₹9,05,444 | ₹81,082/mo |
| ₹30 Lakh | ₹48,649 | ₹10,86,516 | ₹97,298/mo |
| ₹40 Lakh | ₹64,865 | ₹14,48,660 | ₹1,29,730/mo |
ICICI Bank Education Loan interest rate ranges from 9.25 - 13.00% p.a. in 2026. The actual rate depends on your credit score, income, and loan amount.
ICICI Bank offers a maximum education loan of ₹1 Cr with a tenure of up to 12 years.
The processing fee for ICICI Bank Education Loan is 1% + GST.
ICICI Bank Education Loan prepayment policy: Nil.
The minimum monthly income required is ₹15,000. Use the calculator above to check your exact eligibility based on your income.