Education Loans
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Private
Axis Bank Education Loan
Axis Bank offers pre-admission and post-admission education loans with wide coverage of expenses.
Interest
11%–13.7%
Max loan
₹75L
Non-collateral cap
₹40L
Tenure
15 years
Moratorium
12 months
Processing fee
2%
Type
Collateral + Non-collateral
Sample EMI (₹20L, 10y)
₹29,100/mo
Collateral rules
Collateral required above ₹40L.
Supported destinations
USAUKGermanyItalyCanadaAustraliaIreland
Eligibility
- Indian national
- Co-applicant required
Application process
- 1Apply
- 2Doc collection
- 3Sanction
- 4Disbursal
Documents required
- Standard KYC + admission + income proof
FAQs
Discount for women?
0.20% concession for female students.