An Educational Loan helps students finance their studies, covering tuition fees, books, and other expenses like living costs or travel for overseas education. It ensures that financial constraints don’t stop anyone from achieving their academic dreams. Leading banks like State Bank of India (SBI) with its SBI Education Loan, Punjab National Bank (PNB) offering PNB Udaan and PNB Pratibha, HDFC Bank through HDFC Credila, ICICI Bank, and Axis Bank provide comprehensive loan schemes for higher education in India and abroad. NBFCs such as Avanse Financial Services, InCred, Auxilo Finserve, and MPOWER Financing (for overseas studies) also offer tailored education loan options with competitive rates and flexible repayment plans, ensuring financial constraints don’t hold back academic dreams.