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Axis Bank Education loan

Axis Bank Education loan

Interest Rate

13.7% - 15.7% (additional 25bps benefit for female applicants)

Processing Fee

NIL

Tenure Range

Max. 10 years for loans less than Rs. 7.5 Lakhs Max. 15 years for loans greater than Rs. 7.5 Lakhs

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Fees & Charges:

  • Preclosure Fee - NIL

Eligibility:

  • Nationality - Indian 
  • Secured admission to selected Professional/Technical institutions

Features & Benefits:

  • Get upto Rs. 75 lakhs loan 
  • Concession for 25bps for the female students 
  • Includes tuition fees, hostel charges, books expenses and more 
  • Attractive  interest rate 
  • No prepayment or pre-closure charges
  • Minimal documentation

Documents Required:

For student applicant:

Identity Proof:

  • Aadhaar Card/ Passport/ PAN Card/ Voter ID Card

Address Proof:

  • Aadhaar Card/ Passport/ Driving License/ electricity, phone bills

Academic Proof:

  • 10th, 12th, graduation mark sheets

Admission Proof:

  • Offer letter/ admission letter

For Co-applicant:

  • Identity Proof, Address Proof
  • Income Proof for salaried/self-employed

Short Description:

Axis Bank education Loan enables students to pursue higher education without any financial hurdles. Aspirants can get upto Rs. 75 lakhs loans for the lower interest rate and minimal documentation. The loans cover tuition fees, hostel charges and purchase of books and equipment.  

Bank Description:

Axis Bank is the third largest private sector bank in India and provides all the banking facilities according to your convenience. Axis Bank Education Loan is full-fledged loan enabling the students to pursue higher education without any financial hurdles with the lower interest rate, minimal documentation and loans for both national as well as international institutions.

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