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Canara Bank Edu Loan College List

Canara Bank Education Loan College List: Approved Colleges for Easy Funding!

Vaishali Pandey
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Updated On:
Apr 29, 2025

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Canara Bank Education Loan College List 2024-2025

Thanks to its comprehensive list of approved colleges, Canara Bank is a leading option for students seeking educational loans. Committed to supporting academic aspirations, Canara Bank offers tailored loan solutions that make education more accessible. 

As of 2024, Canara Bank offers education loans with competitive interest rates starting at 9.35% annually. The Canara Bank education loan college list is essential for students and their families. This article will explore the Canara Bank education loan college list. 

Keep reading to discover!

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Canara Bank Education Loan College List 2024-2025

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Canara Bank Education Loan College List Under Vidya Turant Scheme

The Canara Bank Vidya Turant Scheme is designed to offer a smooth and efficient education loan process for outstanding students enrolled in prestigious institutions such as select IIMs, IITs, NITs, IISc, ISB (Hyderabad & Mohali), and other renowned universities.

The table below highlights the Canara Bank Education Loan College List Under the Vidya Turant Scheme.

Category-A Institute List (Maximum Loan Limit: INR 50 lakhs)
College Location
Indian School of Business Mohali
Indian School of Business Hyderabad

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Canara Bank Education Loan College List: Category B

College Location
Indian Institute of Management, Ahmedabad Ahmedabad
Indian Institute of Management, Bangalore Bangalore
Indian Institute of Management, Kozhikode Kozhikode
Indian Institute of Management, Kolkata Kolkata
Indian Institute of Management, Lucknow Lucknow
Indian Institute of Management, Indore Indore
Indian Institute of Management, Raipur Raipur
Indian Institute of Management, Rohtak Rohtak
Indian Institute of Management, Udaipur Udaipur
Indian Institute of Management, Kashipur Kashipur
Indian Institute of Management, Trichy Trichy
Indian Institute of Management, Ranchi Ranchi
Indian Institute of Management, Shillong Shillong
Indian Institute of Management, Visakhapatnam Visakhapatnam
Indian Institute of Management, Jammu Jammu
Indian Institute of Management, Nagpur Nagpur
Indian Institute of Management, Amritsar Chandigarh
Indian Institute of Management, Bodh Gaya Patna
Indian Institute of Management, Sambalpur Sambalpur
Indian Institute of Management, Sirmaur Chandigarh
Indian Institute of Technology, Madras Chennai
Indian Institute of Technology, Delhi Delhi
Indian Institute of Technology, Mumbai Mumbai
Indian Institute of Technology, Kanpur Kanpur
Indian Institute of Technology, Roorkee Roorkee
Indian Institute of Technology, Kharagpur Kharagpur
Indian Institute of Technology, Guwahati Guwahati
Indian Institute of Technology, Hyderabad Hyderabad
Indian Institute of Technology, Indore Indore
Indian Institute of Technology (BHU) Varanasi Varanasi
Indian Institute of Technology, Gandhinagar Gandhinagar
Indian Institute of Technology, Ropar, Punjab Punjab
Indian Institute of Technology, Jodhpur, Rajasthan Rajasthan
Indian Institute of Technology, Mandi Mandi
Indian Institute of Technology, Patna Patna
Indian Institute of Technology, Bhubaneswar Bhubaneswar
Indian Institute of Technology, Tirupati Tirupati
Indian Institute of Technology (IIT), Jammu Jammu
Indian Institute of Technology, Palakkad Palakkad
Indian Institute of Technology, Bhilai, Chhattisgarh Chhattisgarh
Indian Institute of Technology, Dharwad Dharwad
Indian Institute of Technology, Goa Panaji
Symbiosis Institute of Business Management (SIBM), Pune Pune
Symbiosis Institute of Business Management (SIBM), Nagpur Nagpur
Symbiosis Institute of Management (SIMS), Pune Pune
Symbiosis Institute of Business Management (SIBM), Bangalore Bengaluru
Symbiosis Centre for Management and Human Resource Development (SCMHRD) Pune
Xavier Labour Relations Institute (XLRI) Ranchi
Xavier Institute Of Management, Bhubaneswar Bhubaneswar
Management Development Institute (MDI), Gurgaon Gurgaon
S. P. Jain Institute Of Management and Research, Mumbai Mumbai
Narsee Monjee Institute Of Management Studies (NMIMS), Mumbai Mumbai
Indian Institute of Foreign Trade, New Delhi Delhi
Indian Institute of Foreign Trade, Kolkata Kolkata
Institute of Management Technology (IMT), Ghaziabad Ghaziabad
Indian School of Business (ISB), Hyderabad Hyderabad
Indian School of Business (ISB), Mohali Mohali
Jamnalal Bajaj Institute of Management Studies Mumbai
National Institute of Industrial Engineering (NITIE), Mumbai Mumbai
Institute of Management Technology (IMT), Nagpur Nagpur
Institute of Management Technology (IMT), Hyderabad Hyderabad
National Institute of Bank Management (NIBM), Pune Pune
Institute of Rural Management Anand (IRMA), Anand Anand
Great Lakes Institute of Management Chennai
Indira Gandhi National Open University (IGNOU) New Delhi
National Institute of Fashion Technology (NIFT), Mumbai Mumbai
School of International Business Delhi

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Canara Bank Education Loan College List: Category C

Category-C Institute List (Maximum Loan Limit: INR 30 lakhs)
College Location
Indian Institute of Sciences (IISc), Bangalore Bangalore
IT-Banaras Hindu University, Varanasi Varanasi
MAHE and its Associates Institutes Mangaluru
Kalinga Institute of Industrial Technology Bhubaneswar
Guru Nanak Dev Engineering College Chandigarh
Institute of Management, NIRMA University Ahmedabad
National Institute of Foundry and Forge Technology (NIFFT) Ranchi
NITIE – Mumbai Mumbai
Goa Institute of Management Goa
T. A. Pai Management Institute (TAPMI), Manipal Manipal
T.A.Pai Management Institute (TAPMI), Bangalore Bengaluru
Foundation for Organisational Research and Education (FORE), Delhi Delhi
International Management Institute, Bhubaneswar Bhubaneswar
International Management Institute (IMI), Kolkata Kolkata
National Institute of Bank Management (NIBM) Pune
Bharathidasan Institute of Management Madurai
National Institute of Technology (NIT), Karnataka Karnataka
National Institute of Technology (NIT), Rourkela Rourkela
Thapar Institute of Engineering and Technology Chandigarh
National Institute of Technology (NIT), Warangal Hyderabad
National Institute of Technology (NIT), Calicut Calicut
Malaviya National Institute of Technology, Jaipur Jaipur
National Institute of Technology (NIT) Silchar Silchar
Visvesvaraya National Institute of Technology, Nagpur Pune
National Institute of Technology (NIT), Durgapur Kolkata
Dr. B.R. Ambedkar National Institute of Technology Chandigarh
Motilal Nehru National Institute of Technology, Allahabad Allahabad
International Institute of Information Technology Hyderabad (IIIT-H) Hyderabad
National Institute of Technology (NIT), Patna Patna
National Institute of Technology (NIT), Kurukshetra Karnal
S.V. National Institute of Technology, Surat Ahmedabad
National Institute of Technology (NIT), Raipur Raipur
International Institute of Information Technology, Bangalore Bangalore
Maulana Azad National Institute of Technology Bhopal Bhopal
National Institute of Technology (NIT), Srinagar Srinagar
ABV Indian Institute of Information Technology, Gwalior Gwalior
Indian Institute of Information Technology (IIIT), Allahabad Allahabad
National Institute of Technology (NIT), Tiruchirappalli Tiruchirappalli
National Institute of Technology (NIT), Agartala Agartala
National Institute of Technology (NIT), Jamshedpur Jamshedpur
National Institute of Technology (NIT), Hamirpur Chandigarh
All India Institute of Medical Sciences (AIIMS) Delhi Delhi
Post Graduate Institute of Medical Education and Research (PGIMER) Chandigarh
Christian Medical College (CMC) Vellore Chennai
Jawaharlal Institute of Postgraduate Medical Education & Research (JIPMER) Chennai
King George Medical College (KGMC) Lucknow
St. John's Medical College Bengaluru
Hamdard Institute of Medical Sciences and Research Delhi
M.S. Ramaiah Medical College, Bangalore Bengaluru
National Law School of India University (NLSIU) Bengaluru
M/s NITTE University Mangaluru
National Institute of Design (NID), Gandhinagar Gandhinagar
National Institute of Design (NID), Ahmedabad Ahmedabad
LN Mittal Institute of Information & Technology University, Jaipur Jaipur
Institute of Management Technology, Nagpur Nagpur
Management Development Institute (MDI), Murshidabad Kolkata
Indian Institute of Information Technology (IIIT), Bengaluru Bengaluru
Indian Institute of Information Technology (IIIT), Guwahati Guwahati
Indian Institute of Information Technology, Design & Manufacturing, Jabalpur Jabalpur
Indian Institute of Information Technology, Design & Manufacturing, Kanchipuram Kanchipuram
International Institute of Information Technology (IIIT), Bhubaneshwar Bhubaneshwar
Indian Institute of Information Technology (IIIT), Pune Pune
Indian Institute of Information Technology (IIIT), Kota Kota
Indian Institute of Information Technology (IIIT), Sri City Sri City
Indian Institute of Information Technology (IIIT), Vadodara Vadodara
Indian Institute of Information Technology (IIIT), Nagpur Nagpur
Indian Institute of Information Technology (IIIT), Kalyani Kalyani
Indian Institute of Information Technology (IIIT), Lucknow Lucknow
Indian Institute of Information Technology (IIIT), Dharwad Dharwad
Indian Institute of Information Technology (IIIT), Bhagalpur Bhagalpur
Indian Institute of Information Technology (IIIT), Bhopal Bhopal
Indian Institute of Information Technology (IIIT), Kottayam Kottayam
Indian Institute of Information Technology (IIIT), Ranchi Ranchi
Indian Institute of Information Technology (IIIT), UNA UNA
Indian Institute of Information Technology (IIIT), Surat Surat
Indian Institute of Information Technology (IIIT), Manipur Manipur
College Location
Indian Institute of Information Technology, Design & Manufacturing, Kurnool Vijayawada
Indian Institute of Information Technology (IIIT), Trichirupalli Madurai
Indian Institute of Information Technology (IIIT), Sonepat Chandigarh
Indian Institute of Information Technology (IIIT), Agartala Guwahati
Indian Institute of Information Technology (IIIT), Hyderabad Hyderabad
National Institute of Design, Madhya Pradesh Bhopal
National Institute of Design, Bengaluru Bengaluru
National Institute of Design, Andhra Pradesh Hyderabad
National Institute of Design, Haryana Chandigarh
National Institute of Design, Assam Guwahati
Indian Institute of Science Education & Research (IISER) Chandigarh
Rajiv Gandhi Institute of Petroleum Technology Lucknow
National Insurance Academy Pune
Footwear Design and Development Institute, Noida Delhi
Footwear Design and Development Institute, Rohtak Rohtak
Footwear Design and Development Institute, Chennai Chennai
Footwear Design and Development Institute, Fursatganj Lucknow
Footwear Design and Development Institute, Patna Patna
Footwear Design and Development Institute, Jodhpur Nearest Branches: Jaipur
Footwear Design and Development Institute, Kolkata Kolkata
Footwear Design and Development Institute, Hyderabad Hyderabad
Footwear Design and Development Institute, Chhindwara Bhopal
Footwear Design and Development Institute, Guna Bhopal
Footwear Design and Development Institute, Ankleshwar Ahmedabad
Footwear Design and Development Institute, Chandigarh Chandigarh
Faculty Of Management Studies (FMS), Kamalanagar 3F, Delhi Delhi
Jamnalal Bajaj Institute Of Management Studies (JBIMS), Reclamation, Mumbai Mumbai
Shailesh J Mehta Institute of Management, Mumbai Mumbai
Symbiosis Institute of Media and Communication, Bangalore Bengaluru
Symbiosis Institute of Telecom Management, Pune Pune
Symbiosis Centre for Information Technology, Pune Pune
Symbiosis Institute of Operations Management, Nashik Pune
Manipal Institute of Technology (MIT), Manipal Manipal
Xavier Labour Relations Institute (XLRI), Delhi NCR (Jhajjar) Karnal
Kalinga Institute of Medical Science Bhubaneswar
Father Muller Medical College Mangaluru
AJ Institute of Medical Science and Research Centre Mangaluru
Yenepoya Medical College Mangaluru
Institute of Technical and Research (Siksha O Anusandhan) Bhubaneswar
K S Hegde Medical Academy Mangaluru
National Institute of Fashion Technology (NIFT), Srinagar Chandigarh
National Institute of Fashion Technology (NIFT), Bangalore Bengaluru
National Institute of Fashion Technology (NIFT), Delhi Delhi
National Institute of Fashion Technology (NIFT), Mumbai Mumbai
National Institute of Fashion Technology (NIFT), Chennai Chennai
National Institute of Fashion Technology (NIFT), Patna Patna
National Institute of Fashion Technology (NIFT), Gandhinagar Ahmedabad
National Institute of Fashion Technology (NIFT), Hyderabad Hyderabad
National Institute of Fashion Technology (NIFT), Kolkata Kolkata
National Institute of Fashion Technology (NIFT), Raebareli Raebareli
National Institute of Fashion Technology (NIFT), Kannur Kannur
National Institute of Fashion Technology (NIFT), Bhubaneswar Bhubaneswar
National Institute of Fashion Technology (NIFT), Kangra Chandigarh
National Institute of Fashion Technology (NIFT), Panchkula Chandigarh
National Institute of Fashion Technology (NIFT), Bhopal Bhopal
National Institute of Fashion Technology (NIFT), Shillong Guwahati
National Institute of Fashion Technology (NIFT), Jodhpur Jaipur
National Institute of Fashion Technology (NIFT), Daman Ahmedabad

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Canara Bank Education Loan Interest Rates 

When considering an education loan with Canara Bank, understanding the interest rates is crucial. Canara Bank offers competitive rates, but these can vary based on several factors, including the type of loan, the applicant’s profile, and current economic conditions.

Here’s a table highlighting the Canara bank education loan interest rates.

Scheme Interest Rates
Vidya Sagar education loan 9.25% - 11.35%
IBA model education loan 9.25% - 11.25%
IBA skill loan 9.25% - 10.75%
Vidya Turant education loan 9.25% - 9.85%
Vidya Shakthi 9.25% - 11.25%

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Also Read: Canara Bank Education Loan Interest Rate and Benefits

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Canara Bank Education Loan: Documents Required

To streamline the process and ensure that applicants are prepared, Canara Bank has outlined a comprehensive list of documents needed to apply for an education loan. The documentation process is designed to verify your eligibility and ensure the loan is used appropriately.

Here’s a detailed look at the documents required for Canara Bank's education loan.

Document Category Documents Required
Identity Proof of Applicant and Co-applicant and KYC Details Aadhar card, passport, or voter ID
Proof of Residence of Applicant and Co-applicant Utility bill, rent agreement, or a bank statement
Proof of Admission A letter of admission or an offer letter from the educational institution where the applicant has been accepted.
Educational Documents
  • Academic transcripts, certificates, and mark sheets from previous educational qualifications.
  • Entrance Exam results (GRE/GMAT/IELTS/TOEFL, etc.)
Income Proof
  • Business address proof
  • Recent salary slips
  • TDS Certificate (Form 16A, if applicable)
  • Bank Account Statement for the Last 6 Months
  • Certificate of Qualification (for C.A./doctor and other professionals)
Collateral Documents (if applicable) If the loan amount exceeds a certain limit, collateral security such as property documents or a fixed deposit may be required.
Other Supporting Documents
  • Application Form
  • Passport-Size Photographs

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Canara Bank Education Loan: Application Process

Canara Bank Education Loan: Application Process

Applying for an education loan with Canara Bank involves several simple steps. Here’s a detailed guide to help you through the process.

1. Visit the Local Canara Bank Branch

Head to your nearest Canara Bank branch to inquire about the available student loan options. This will give you a clear understanding of what they offer.

2. Explore Education Loan Options

Investigate the specific Canara Bank education loan schemes designed for studying in India or abroad, including the associated interest rates. This information will help you assess the financial aspects of your loan.

3. Select the Right Loan Product

Identify the loan product that best fits your needs for education. Consider your eligibility criteria and the extent of coverage provided by each loan option.

4. Gather Required Documentation

Obtain a comprehensive list of documents needed to start the loan application process. This will ensure you have everything prepared for a smooth application.

5. Submit Your Application

Return to the bank with all the necessary documents to initiate the processing of your study abroad loan application. This will set your loan request in motion.‍

6. Approval and Disbursement

Upon successful verification and approval, the bank will issue a sanction letter detailing the loan amount, terms, and conditions.

Also Read: How to Apply for Education Loan in India- Complete Process

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Minimal Documentation. Higher Chances of Approval. Easy Online Processes. Check Your Eligibility. 

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Canara Bank and Other Education Loan Providers: A Comparison

Feature Bank of Baroda State Bank of India Canara Bank Axis Bank Bank of India Propelld
Applicable Rate of Interest Depending on the institution, it ranges from MCLR+ 0.75% to 10.05%
  • Up to 3 Years: BR+1.50%
  • Above 3 Years: 1.50% + Term Premium (BR is at the rate of 10.00%)
 9.25- 11.35% Not specified 8.35 - 11.05% 12% pa onwards
Max Loan with Collateral INR 40 Lacs
  • For AA Category: 40 Lacs
  • For A Category: 20-30 Lacs
  • For B Category: 20 Lacs
  • For C Category: 7.5 Lacs
 100% of the Collateral Value 10 Lacs
  • BOI Star Education Loan- INR 20 Lakh
  • BOI Star Vidya Loan- INR 40 Lakh
  • Up to 50 Lacs without collateral
  • Up to 2 Crores with collateral
Max loan without collateral INR 80 Lacs
  • For AA Category: 40 Lacs
  • For A Category: 20-30 Lacs
  • For B Category: 20 Lacs
  • For C Category: 7.5 Lacs
 7.5 lacs 10 Lacs INR 7.5 Lacs 50 Lacs
Processing Fee Nil Up to INR 4 Lakhs: No, Above INR 4 Lakhs: INR 5,000
  • 100% collateral coverage - 0.5% of sanctioned limit with maximum of Rs 10,000
  • Less than 100% Collateral coverage, 0.5% of sanctioned limit with maximum of Rs 20,000
 Nil No Margin up to 4 Lacs 1-3% of the loan amount
Repayment Period
  • Up to INR 7.5 Lacs: 10 years.
  • Above INR 7.5 Lacs: 15 years
 15 years 15 years 7 Years 15 Years 15 Years
Margin Nil Scholar Loan Scheme: Nil 10%
  • Up to loan 4 Lacs: No margin
  • Above 4 Lacs for India: 5%
 Nil up to 4 Lacs 1st year- 20% Margin, Other years- Nil
Loan Security
  • Up to 4 lacs: No security required
  • 4 to 7.50 Lacs: Third-party guarantee
  • Above 7.50 Lacs: Tangible collateral security equal to 100% of the loan amount
  • Up to INR 4 Lacs: Parents as co-borrower
  • INR 4 to 7.50 Lacs: Parent and third-party guarantee
  • Above INR 7.50 Lacs: Tangible security with parents as co-borrower
 Co-obligation of parents/guardians as joint co-borrowers Third-party guarantee, Collateral security, Assignment of LIC policy (100% of the loan amount), Assignment of future salaries Collateral required for loans above 7.5 Lacs Collateral not required
Processing Time N.A 20 days 15 Days 14 Days 15-20 days 10 times faster than Banks

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In conclusion, Canara Bank's education loan options are designed to support students in achieving their academic goals, offering solutions for various institutions and programs. With competitive interest rates and a diverse range of approved colleges under the Canara bank education loan college list, the bank stands out as a valuable partner in financing education. Whether you're aiming for top-tier institutions or specialised programs, Canara Bank's comprehensive education loan offerings can help turn your academic ambitions into reality.

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Why Propelld?

The following are the primary advantages of Propelld.

Particulars Details
Max Loan Amount 50 Lakhs
Collateral Not Required
Moratorium Available
Processing Time 10 Times Faster than Banks
Disbursal Time 7 Days
Approval Rate Higher than Other Banks
Special USP Marks Based Approval
% Financed 100% of Fees

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FAQs About Canara Bank Education Loan

What is the maximum loan amount offered by Canara Bank for education loans? 

The maximum loan amount offered by Canara Bank Vidya Turant scheme is up to INR 50 lakh for Category-A institutes.

What is the interest rate for Canara Bank education loans? 

The interest rate for Canara Bank education loans starts from 9.25% annually, depending on the scheme and loan amount. Education loan college list of Canara Bank offers competitive interest rates for various institutions.

What are the documents required for applying for a Canara Bank education loan?

The documents required for applying for a Canara Bank education loan include identity proof, proof of residence, proof of admission, educational documents, income proof, and collateral documents (if applicable).

How do I apply for a Canara Bank education loan?

To apply for a Canara Bank education loan, visit your nearest Canara Bank branch, explore education loan options, select the right loan product, gather required documentation, submit your application, and await approval and disbursement.

What is the repayment tenure for Canara Bank education loans?

The repayment tenure for Canara Bank education loans is up to 15 years, depending on the loan amount and scheme.

Does Canara Bank offer education loans for vocational courses?

Yes, Canara Bank offers education loans for vocational courses, including skill development programs.

Can I avail of a Canara Bank education loan for studying abroad?

Yes, Canara Bank offers education loans for studying abroad.

Can I get a Canara Bank education loan for a part-time course?

Yes, Canara Bank offers education loans for part-time courses, including online and distance learning programs.

How do I check my eligibility for a Canara Bank education loan?

You can check your eligibility for a Canara Bank education loan by visiting the bank's website or contacting your nearest Canara Bank branch.

What is the Canara Bank Education Loan College List?

The Canara Bank Education Loan College List is a comprehensive list of approved colleges and institutions for which Canara Bank offers education loans.

Can I avail of a Canara Bank education loan for a diploma course?

Yes, Canara Bank offers education loans for diploma courses, including polytechnic and ITI courses.

What is the moratorium period for Canara Bank education loans?

The moratorium period for Canara Bank education loans is up to 1 year after course completion or 6 months after getting a job, whichever is earlier.

Can I get a Canara Bank education loan for a Ph.D. program?

Yes, Canara Bank offers education loans for Ph.D. programs, including research and fellowship programs.

How do I track the status of my Canara Bank education loan application?

You can track the status of your Canara Bank education loan application by contacting your nearest Canara Bank branch or through the bank's online portal.

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