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Axis Bank Education Loan in Ahmedabad

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Adiyogi Enterprises is proud to collaborate with Axis Bank to bring you an education loan that supports your pursuit of higher education. With interest rates starting from 9.25% per annum, Axis Bank provides education loans for both domestic and international studies, with loan amounts ranging from Rs 50,000 to Rs 75 Lakhs.

Axis Bank Education Loan Highlights

Interest Rate Starting from 9.25% per annum
Loan Amount Rs 50,000 to Rs 75 Lakhs
Loan Tenure Up to 15 years
Processing Charges 1% of the loan amount (minimum Rs 5,000)

Axis Bank Education Loan Eligibility

Age

  • Minimum 18 years and maximum 35 years at the time of loan application.

Income

  • The income of the co-applicant (typically parents or guardians) will be considered. No specific minimum income requirement for the student.

Course

  • Available for undergraduate, post-graduate, and professional courses in India and abroad. Courses in fields such as engineering, medical, management, law, and more are eligible.

Credit Score

  • A credit score of 750 or above is preferred, but the bank also considers the credit profile of the co-applicant for loan approval.

Axis Bank Education Loan EMI Calculator

9.25

Loan Amount

Tenure

Annual Interest

Principal Interest Total Payable

Apply for Axis Bank Education Loan

FAQ

Frequently Asked Questions

  • 1. What is the eligibility criteria for Axis Bank Education Loan?

    To be eligible for an Axis Bank Education Loan, the applicant must be an Indian citizen, have secured admission to a recognized institution, and be between 18 and 35 years of age. Both salaried and self-employed applicants can apply.

  • 2. What documents are required for Axis Bank Education Loan?

    Documents required for Axis Bank Education Loan include proof of identity (Aadhaar, passport), proof of residence, admission letter from the institution, academic records, income proof of the applicant and co-borrower, and bank statements for the past 6 months.

  • 3. What is the interest rate for Axis Bank Education Loan?

    The interest rates on Axis Bank Education Loans start from around 8.85% per annum, depending on the loan amount, applicant's profile, and tenure.

  • 4. How much loan can I avail from Axis Bank for education?

    Axis Bank offers education loans up to INR 40 lakhs for studying abroad and up to INR 20 lakhs for studying in India. Higher loan amounts may be considered based on the applicant's profile and the course selected.

  • 5. What is the repayment tenure for Axis Bank Education Loan?

    The repayment tenure for Axis Bank Education Loan can range from 5 years to 12 years, with a grace period for course completion and a moratorium period if required.