Trusted by 2,500+ students RBI Regulated

Transfer your education loan to a lower rate

We work with 15+ Indian banks to move your Masters education loan to a significantly lower interest rate. Average savings of ₹4.2 Lakhs — fully managed, zero upfront fees.

Check Your Savings See How It Works

Average Savings

₹4,20,000+

per student on loan transfer

100% Secure

Bank-grade encryption

Process

How balance transfer works

End-to-end managed. From bank negotiation to NOC documentation — we handle everything.

Share Your Loan Details

Current bank, interest rate, outstanding amount, and loan tenure. Takes under 3 minutes.

We Negotiate Better Rates

Our team approaches 15+ banks to find the lowest possible rate for your profile.

NOC & Documentation

We help obtain the No Objection Certificate from your current bank and submit all paperwork.

Loan Transferred

New bank pays off your old loan. You repay at the lower rate from your next EMI.

Real Example

See the difference a lower rate makes

Based on a ₹25,00,000 education loan over 10 years

Before Transfer

Interest Rate12.0%

Monthly EMI₹35,868

Total Interest₹18,04,140

Total Payable₹43,04,140

After Transfer via BT Bro

Interest Rate8.5%

Monthly EMI₹30,991

Total Interest₹12,18,900

Total Payable₹37,18,900

Total Savings on This Loan

₹5,85,240

That's ₹4,877 less every month — or ₹58,524 per year back in your pocket

NRI-Friendly

Data-Driven

Global Careers

Benefits

Built specifically for Masters graduates

We solve the exact problems faced by Indian students repaying education loans after studying abroad.

Lower Interest Rates

Move from NBFC rates of 11–14% down to PSU bank rates of 8.5–10%. Even 1% saves lakhs over the tenure.

Lower Monthly EMIs

A reduced rate directly cuts your EMI — freeing up cash for rent, savings, or investments every single month.

15+ Partner Banks

SBI, HDFC, ICICI, Axis, Bank of Baroda, PNB, IDFC First, Canara Bank, and leading NBFCs.

NRI-Friendly Process

Working in the US, UK, or Canada? Everything handled digitally. Parents can manage docs in India.

Section 80E Tax Benefits

Your tax deduction on education loan interest under the Income Tax Act continues after the transfer.

Zero Upfront Fees

No charges from us. BT Bro earns from partner banks on successful transfers — our incentives are aligned.

Partner Network

All major Indian banks & NBFCs

We match your profile to the best rate across public, private, and non-banking lenders.

State Bank of India

HDFC Bank

ICICI Bank

Axis Bank

Bank of Baroda

Punjab National Bank

Canara Bank

IDFC First Bank

Union Bank

Indian Bank

Bank of India

Kotak Mahindra

Federal Bank

HDFC Credila

Avanse Financial

InCred Finance

State Bank of India

HDFC Bank

ICICI Bank

Axis Bank

Bank of Baroda

Punjab National Bank

Canara Bank

IDFC First Bank

Union Bank

Indian Bank

Bank of India

Kotak Mahindra

Federal Bank

HDFC Credila

Avanse Financial

InCred Finance

Results

Students who saved lakhs

Verified outcomes from Masters graduates who transferred through BT Bro.

BT Bro reduced my interest from 11.5% to 8.75%. The process was completely digital — I didn't visit any bank. My parents handled documents in India with their team's guidance over WhatsApp.

Rahul K.

MS Computer Science — USA · SBI Transfer

–₹5.2L

Was paying 13% to an NBFC. Moved my ₹32L loan to a public sector bank at 9.25%. EMI dropped by ₹6,000/month. Absolute game-changer when you're on your first job abroad.

Priya S.

MBA — UK · Bank of Baroda Transfer

–₹7.8L

The calculator showed ₹4L savings and actual result was even better. Their team negotiated an extra 0.5% reduction beyond the bank's initial offer. Highly recommended.

Arjun V.

MS Data Science — Canada · HDFC Transfer

–₹4.6L

FAQ

Common questions

What is an education loan balance transfer?

It's the process of moving your existing education loan from one bank or NBFC to another that offers a lower interest rate. The new lender pays off your outstanding amount, and you continue repaying under better terms — reducing both your EMI and total interest cost.

Am I eligible for a balance transfer?

Generally you need: minimum ₹10L outstanding, clean repayment history (no defaults), credit score above 700, and it should be a first-time takeover. We evaluate your profile and share specific options.

Can I transfer while working or studying abroad?

Yes. We manage the entire process digitally. Your parents or guardian in India can handle physical documentation with our guidance. We also help with Power of Attorney for NRI students.

What documents will I need?

Original loan sanction letter, repayment history, NOC from current lender, KYC documents, and co-applicant income proof. We provide a full checklist and guide you through every step.

Will I lose my Section 80E tax benefits?

No. Section 80E deductions apply to interest paid on education loans regardless of which bank holds the loan. Your benefits continue after the transfer.

How much does BT Bro charge?

Zero upfront fees. We earn a referral from partner banks on successful transfers. Our incentives are fully aligned with yours — we only succeed when you save money.

How long does the transfer take?

Typically 2–4 weeks, depending on your current bank's NOC timeline and the new bank's approval. We coordinate with both to minimize delays.