IDP Education partners with State Bank of India to facilitate international student education loans

New Delhi, 27th September 2023 – IDP Education, the leader in international education services, signed an agreement with the State Bank of India (SBI), the country’s largest lender, to assist students seeking education loans for their overseas studies.

The collaboration between IDP Education and the State Bank of India signifies an important step forward in the international education sector, as two industry leaders combine their expertise and simplify the financing journey for aspiring students pursuing education abroad.

The agreement was signed by Mr Piyush Kumar, Regional Director – South Asia and Mauritius, IDP Education, and Mr Pankaj Kumar Jha, Deputy General Manager (Personal Loans) SBI, and was graced by the presence of Mr Janmejoy Mohanty, Chief General Manager (Personal Banking), and Mrs Suman Lata Gupta, General Manager (Retail Asset- Personal Banking) from SBI.

Mr Piyush Kumar, Regional Director – South Asia and Mauritius, IDP Education, said, “We are proud to partner with the State Bank of India, the most trusted and the oldest bank in the country. This agreement reflects our commitment to provide the best-in-class services to all the overseas education aspirants of the country. This partnership will make obtaining financial assistance to study abroad a lot simpler and more accessible for countless young minds.”

Mr Janmejoy Mohanty, Chief General Manager, SBI, said, “We are delighted to collaborate with IDP Education. Through this strategic partnership, SBI is poised to create a seamless and supportive pathway for students to achieve their global education dreams.”

IDP Education is a one-stop solution for all the study abroad needs, from course selection to college/university choice, assisting a student with their visa process, helping them with accommodation, scholarship options, education loans, etc. IDP has already established a strong partnership with ICICI Bank and HDFC Credila. With the newly formed alliance with SBI, IDP students will now have a range of options to choose education loan assistance from the top players in the education financing segment.