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.
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.
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) |
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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.
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.
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.
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.
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.
Apply for Axis Bank Education Loan