Students must typically be Indian citizens and be enrolled at an accredited university, either in India or overseas. Also, they must be able to offer security or a guarantor for the loan and have a strong academic record. 

The interest rate on education loans in India varies and is also based on the loan amount, repayment term, and security offered. The interest rate typically ranges from X% to Y%. (Include UBI interest in place of X & Y)

According to the loan amount, the repayment time for an education loan in India typically begins once the course is finished and might last anywhere between 5 and 15 years. 

For education loans, there are tax advantages in India, yes. For a maximum of eight years starting in the year of the initial repayment, Section 80E of the Income Tax Act allows for the tax deduction of interest paid on education loans.