Check your Federal Bank education loan eligibility. Rate: 9.85 - 12.50% p.a. Max amount: ₹75 L.
Federal Bank offers education loan at an interest rate of 9.85 - 12.50% p.a. with a maximum tenure of 15 years. The maximum loan amount is ₹75 L with a minimum monthly income requirement of ₹15,000.
| Loan Amount | Monthly EMI | Total Interest | Min Income Required |
|---|---|---|---|
| ₹5 Lakh | ₹8,262 | ₹1,94,008 | ₹16,524/mo |
| ₹7 Lakh | ₹11,567 | ₹2,71,628 | ₹23,134/mo |
| ₹10 Lakh | ₹16,524 | ₹3,88,016 | ₹33,048/mo |
| ₹15 Lakh | ₹24,786 | ₹5,82,024 | ₹49,572/mo |
| ₹20 Lakh | ₹33,048 | ₹7,76,032 | ₹66,096/mo |
| ₹25 Lakh | ₹41,309 | ₹9,69,956 | ₹82,618/mo |
| ₹30 Lakh | ₹49,571 | ₹11,63,964 | ₹99,142/mo |
| ₹40 Lakh | ₹66,095 | ₹15,51,980 | ₹1,32,190/mo |
Federal Bank Education Loan interest rate ranges from 9.85 - 12.50% p.a. in 2026. The actual rate depends on your credit score, income, and loan amount.
Federal Bank offers a maximum education loan of ₹75 L with a tenure of up to 15 years.
The processing fee for Federal Bank Education Loan is 0.50% + GST.
Federal 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.