Benefits of collateral-free ICICI Bank Education Loan

Fulfil your dream of studying abroad with our Education Loan. Our Student Loan without collateral offers multiple benefits along with the flexibility and support to pursue your academic aspirations without financial worries.

Instant sanction: Customers get access to an instant sanction letter online from the comfort of their home for their Instant Education Loan.

Tax benefits: Education Loan comes with a tax benefit under Section 80E for the entire interest amount paid (100%) without any upper limit. This benefit brings down the effective rate of interest. Explore the Tax Benefit Calculator now.

Easy application: Customers can apply for our Education Loan through Internet Banking in just a few clicks.

Turnaround time: This instant facility brings down the time for getting the Education Loan sanction letter from a few days to a few minutes.

How to check and apply for a Instant Education Loan without collateral offer? Log in to Internet Banking

Check your offer under ‘Instant offers’

Select ‘Education Loan’ and click on ‘Instant Sanction’

Fill in the required details and customise your loan as per your requirements

Agree to the terms & conditions and click on ‘Submit’

Enter the OTP to initiate the payment of the processing fee and click on ‘Pay Now’

Enter the OTP to initiate the payment of the processing fee and click on ‘Pay Now’

Your Instant loan will be sanctioned in just a few minutes.

FAQs on Education Loans without Collateral