Education Loan

1860 266 2666

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Education is the most important investment one makes in life. Therefore, Kotak Mahindra Bank brings to you Education Loans, which aims to finance meritorious students who choose to pursue a higher education (professional or technical) in India and abroad.

  1. You can avail a loan of up to Rs. 10 Lacs* for education in India and Rs. 20 Lacs* for education abroad, based on your income and repayment capacity to fulfil all your financial needs
  2. Quick approval with a Kotak Mahindra Bank Education Loan, you are not far away from making your dreams come true
  3. Our minimal documentation requirements leave you relaxed


For loans: *Conditions apply: Credit at the sole discretion of the Bank and subject to guidelines issued by RBI from time to time. Bank may engage the services of marketing agents for the purpose of sourcing loan assets.


Age Eligibility

  • There is no specific restriction regarding the age of a student in order to be eligible for an education loan.
  • Age of joint applicant / co-borrower / guarantor should be minimum 21 years at the time of loan origination and maximum age at the time of loan maturity can be 70 years.

If the student was a minor while the joint applicant / co-borrower / guarantor executed the document for the loan, the bank will obtain a letter of ratification from him/ her upon attaining majority.

Student Eligibility

  • The student should be an Indian National
  • The student shall have secured the admission in India or abroad through an entrance test or through merit based selection process

Eligible Courses


  • Post-Graduation Courses: Masters and Ph.D. from accredited institutions.
  • Professional Courses: Engineering, Medical, Agriculture, Veterinary, Law, Dental, Management and Computer Sciences.
  • Other professional courses such as CA, ICWA, CS, and CFA.
  • Masters and Diploma Management Programs.
  • Other courses leading to degree/diploma conducted by colleges/universities approved by UGC / Govt. / AICTE / AIBMS / ICMR, etc.
  • Regular Degree/Diploma course like aeronautical, pilot training, shipping, nursing or any other discipline approved by Directory General of Civil Aviation / Shipping / Indian Nursing Council or any other regulatory body as the case may be, if the course is pursued in India.
  • Any other course as shall be declared from time-to-time.

Studies abroad

  • Graduation: Reputed universities.
  • Post-graduation: MCA, MBA, MS and other courses as shall be declared from time-to-time.
  • Other courses such as CIMA - London, CPA in USA, CFA, CISA, and other approved courses as shall be declared.
    Degree/Diploma course like aeronautical, pilot training, shipping, etc. provided these are recognised by competent regulatory bodies abroad for the purpose of employment in India/abroad.
DocumentApplicantCo-applicant/ co-borrowerGuarantor
Application FormYesYesYes
2 photographsYesYesYes
Proof of IdentityYesYesYes
Proof of ResidenceYesYesYes
Signature verification from bankYesYesYes
Income DetailsNoLatest payslip or Form 16 or 2 years ITRLatest payslip or Form 16 or 2 years ITR
Proof of OwnershipNoYesYes
Proof of RelationshipYesYesYes
Confirmed admission letterYesNoNo
Letter from collegeDetails of course and fee structure to be paidNoNo
Academic Pass out Mark sheet/CertificateYesNoNo

Institutes in India

Sr No.Institute NameLocationCountry
1Acharya Institute of SciencesBangaloreIndia
2Chaitanya Bharathi Institute of Technology (CBIT)HyderabadIndia
3Hindustan UniversityChennaiIndia
4Heritage Institute of TechnologyKolkataIndia
5Don Bosco Institute of TechnologyMumbaiIndia
6Krishna Institute of Engineering and Technology (KIET)Ghaziabad - Delhi/ NCRIndia
7Chandigarh Engineering College (CEC)MohaliIndia
8Manipal Institute of Technology (MIT)ManipalIndia
9IIT Delhi - Indian Institute of TechnologyDelhi/NCRIndia
10IIT Madras - Indian Institute of TechnologyChennaiIndia
11BITS Pilani - Birla Institute of Technology & SciencePilaniIndia
12IIT Guwahati - Indian Institute of TechnologyGuwahatiIndia
13Jadavpur University-Faculty of Engineering, Kolkata (JUFOE-K)KolkataIndia
14Delhi Technical University (Formerly Delhi College of Engineering)Delhi/NCRIndia
15National Institute of Technology, Tiruchirapalli (NIT-T)TiruchirappalliIndia
16Bengal Engineering and Science UniversityKolkataIndia
17College of Engineering Pune (COEP)PuneIndia
18Government Engineering college, ThiruvananthapuramThiruvananthapuramIndia
19Sri Jayachamarajendra College of EngineeringMysoreIndia
20National Institute of Technology JalandharJalandharIndia
21Baba Farid Institute of Technology (BFIT)DehradunIndia
22Baldev Ram Mirdha Institute of Technology (BMIT)JaipurIndia
23Jaipur Engineering College (JEC)JaipurIndia
24Manoharbhai Patel Institute of Engineering & Technology (MIET)KudwaIndia
25College of Engineering- TrivandrumTrivandrumIndia
26Birla Institute of Technology, MesraRanchiIndia
27Adhiyamaan College of Engineering (ACE)HosurIndia
28Atria Institute of TechnologyBangaloreIndia
29IMS Engineering CollegeGhaziabad - Delhi/ NCRIndia
30Geeta Institute of Management & Technology (GIMT)KurukshetraIndia
31Alwar Institute Of Engineering & Technology (AIET)AlwarIndia
32IIT Bhubaneswar - Indian Institute of TechnologyBhubaneswarIndia
33IIT Ropar - Indian Institute of TechnologyRoparIndia
34Army Institute of Technology (AIT)PuneIndia
35Al Habeeb College of Engineering and Technology (AHCET)HyderabadIndia
36Bharati Vidyapeeth Institute of TechnologyNavi MumbaiIndia
37IIMT Engineering collegeMeerutIndia
38B.P.Poddar Institute of Management and Technology (BPPIMT)KolkataIndia
39Xavier Institute of Engineering (XIE)MumbaiIndia
40National Institute of Technology- Kurukshetra (NIT)KurukshetraIndia
41Giani Zail Singh College of Engineering & TechnologyBathindaIndia
42Karmaveer Bhaurao Patil College of Engineering and PolytechnicSataraIndia
43Pune Institute of Computer Technology (PICT)PuneIndia
44Keshav Memorial Institute of Technology (KMIT)HyderabadIndia
45Prasad V. Potluri Siddhartha Institute of TechnologyVijayawadaIndia
46P. A. College of Engineering (PACE)MangaloreIndia
47Ludhiana College of Engineering and Technology (LCET)LudhianaIndia
48Shiv Shankar Institute of Engineering & Technology (SSIET)AmritsarIndia
49Andhra University College of Engineering (Autonomous)VisakhapatnamIndia
50PES Modern college of EngineeringPuneIndia
51Kautilya Institute of Technology and Engineering and School of Management (KITE-SOM)JaipurIndia
52Basavakalyan Engineering collegeBidarIndia
53Guru Nanak Dev Engineering College, BidarBidarIndia
54Basaveshwar Engineering CollegeBagalkotIndia
55IIT Mandi - Indian Institute of TechnologyMandiIndia
56Al-Ameer College of Engineering and Information TechnologyVisakhapatnamIndia
57Chaitanya Engineering College (CEC)VisakhapatnamIndia
58Annai Vailankanni College of Engineering (AVCE)KanyakumariIndia
59CSI College of EngineeringOotyIndia
60Kumaraguru College of Technology (KCT)CoimbatoreIndia
61Aryabhatta Institute of Engineering and Management (AIEMD)DurgapurIndia
62Government Engineering College, KozhikodeKozhikodeIndia
63Jagannath Gupta Institute of Engineering & Technology (JNIT)JaipurIndia
64Ajmer Institute of TechnologyAjmerIndia
65Jaipur Engineering College & Research Centre (JECRC)JaipurIndia
66Al-Falah School of Engineering & Technology (AFSET)Faridabad - Delhi/ NCRIndia
67Pondicherry Engineering CollegePondicherryIndia
68Meerut International Institute of TechnologyMeerutIndia
69Bharati Vidyapeeth University - College of EngineeringPuneIndia
70Anand Engineering College (AEC)AgraIndia
71Annamacharya Institute of Technology and SciencesKadapaIndia
72Arunai Engineering CollegeChennaiIndia
73Assam Engineering CollegeGuwahatiIndia
74Balsore School of EngineeringBalasoreIndia
75Bhutta College of Engineering & Technology (BCET)LudhianaIndia
76Canara Engineering CollegeBangaloreIndia
77Shivajirao S. Jondhale College of EngineeringThaneIndia
78Government Engineering College (GEC), RajkotRajkotIndia
79Jabalpur Engineering CollegeJabalpurIndia
80Babaria Institute of Technology (BIT)VadodaraIndia
81Jamnalal Bajaj Institute of Management Studies, Mumbai (JBIMS)MumbaiIndia
82S. P. Jain Institute of Management Studies, Mumbai (SPJIMR)MumbaiIndia
83Management Development Institute, Gurgaon (MDI)GurgaonIndia
84Narsee Monjee Institute of Management Studies, Mumbai (NMIMS)MumbaiIndia
85Xavier Institute of Management, Bhubaneswar (XIM B)BhubaneswarIndia
86Symbiosis Institute of Business Management, Pune (SIBM)PuneIndia
87Institute of Management & Technology, Ghaziabad (IMT)GhaziabadIndia
88Bharathidasan Institute of Management, Trichy (BIM)TrichyIndia
89XLRI - Xavier Labour Research Institute, JamshedpurJamshedpurIndia
90T. A. Pai Management Institute, Manipal (TAPMI)ManipalIndia
91Loyola Institute of Business Administration, Chennai (LIBA)ChennaiIndia
92Institute of Rural Management, Anand (IRMA)AnandIndia
93Institute of Management Development Research, Pune (IMDR)PuneIndia
94Indian Institute of Management, Kozhikode (IIM K - Calicut)CalicutIndia
95Indian Institute of Management, Indore (IIM I)IndoreIndia
96Indian Institute of Management, Ahmedabad (IIM A)AhemadabadIndia
97FMS - Faculty of Management Studies, University of DelhiDelhi/NCRIndia
98IIM KozhikodeKozhikodeIndia
99University of DelhiDelhi/NCRIndia
100University of MumbaiMumbaiIndia
101University of PunePuneIndia
102Bangalore UniversityBangaloreIndia
103University of MadrasChennaiIndia
104Sikkim Manipal UniversityManipalIndia
105JNU - Jawaharlal Nehru UniversityDelhi/NCRIndia
106BHU - Banaras Hindu UniversityVaranasiIndia
107Punjab University-Chandigarh-PUChandhigharIndia
108Karnatak UniversityDharwarIndia
109VIT UniversityVelloreIndia
110SRM UniversityKanchipuramIndia
111Gujarat UniversityAhemadabadIndia
112All India Institute of Medical Sciences (AIIMS)Delhi/NCRIndia
113Christian Medical College (CMC Vellore)VelloreIndia
114Armed Forces Medical College (AFMC)PuneIndia
115Kasturba Medical College (KMC)ManipalIndia
116Jawaharlal Institute of Post graduate Medical Education and Research (JIPMER)PondicherryIndia
117Madras Medical CollegeChennaiIndia
118Lady Hardinge Medical CollegeDelhi/NCRIndia
119Amrita Institute of Medical Science (AIMS)KochiIndia
120Bangalore Medical College and Research InstituteBangaloreIndia
121Grant Medical CollegeMumbaiIndia
122Seth Gordhandas Sunderdas Medical CollegeMumbaiIndia
123Indian Institute of Science (IISc), Bangalore,BangaloreIndia
124Alliance College of Law,BangaloreIndia
125Amity Law School LucknowLucknowIndia
126Maitreyi CollegeDelhi/NCRIndia
127M.A. Chidambaram School of NursingChennaiIndia
128Postgraduate Institute of Medical Education and Research (PGIMER)ChandigharIndia
129National Academy of Legal Studies and Research University, HyderabadHyderabadIndia
130National Law School of India University, BangaloreBangaloreIndia
131Symbiosis Society's Law College, PunePuneIndia
132Campus Law Centre, Delhi University, New DelhiDelhi/NCRIndia

Institutes Abroad

Sr No.Institute NameLocationCountry
1Harvard UniversityCambridgeUSA
2Yale UniversityNew HavenUSA
3Princeton UniversityPrincetonUSA
4Massachusetts Institute of TechnologyCambridgeUSA
5Stanford UniversityStanfordUSA
6University of CambridgeCambridgeUK
7University College LondonLondonUK
8Imperial College LondonLondonUK
9University of OxfordOxfordUK
10The University of EdinburghEdinburghUK
11Australian Catholic UniversityBanyoAustralia
12Australian National UniversityCanberraAustralia
13Bond UniversityRobinaAustralia
14Central Queensland UniversityRockhamptonAustralia
15Charles Darwin UniversityDarwinAustralia
16University of New South WalesSydneyAustralia
17McGill UniversityQuebecCanada
18University of TorontoTorontoCanada
19University of British Columbia (UBC)VancouverCanada
20Queen's UniversityKingstonCanada
21University of Western OntarioOntarioCanada

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