Progress with us...
 
internet banking
Personal
Corporate
CMS and Payment Solution
CARDS
Power Access
AxisRemit Online
eDGE Loyalty Rewards
  • LOG IN

Loans

Education Loan

Fuel your dreams with financial assistance for professional or technical education in India or abroad.

 

  • fb
  • twit
  • insta
  • mail

Quick Application Approval

Quick loan approval within 15 working days

Convenient Loan Disbursal

Direct credit to the institute

Loan Amount

Minimum - Rs. 50,000 : Maximum - *Rs. 10,00,000 for studies in India, *Rs. 20,00,000 for studies abroad

x

*Upper limits may be extended for special cases

Features and Benefits

The maximum amount of loan for education in India is Rs 10 lakhs. The quantum of loan can be higher, depending on the case.
Bank will convey its decision within 15 working days from the date of receipt of the application provided the application is complete in all respects.
No margin for education loans upto Rs 4 lacs. For loans above Rs 4 lacs, 5% margin for studies within India and 15% for higher studies overseas.
The parent(s) or guardian of the student would be treated as a co-applicant of the student loan. His or her role would be, necessarily, like the primary debtor.
Rs 500 + taxes per cheque bounce and a penal interest @24% per annum i.e. @ 2% per month on the overdue installment/s.

HAVE QUERIES?

  • What is the time-frame for application decisioning?

Bank will convey its decision within 15 working days from the date of receipt of the application provided the application is complete...

READ MORE

  • What is the margin for Education loans?

No margin for education loans upto Rs 4 lacs. For loans above Rs 4 lacs, 5% margin for studies within India and 15% for higher studies...

READ MORE

  • What is the role of a guardian/parent in an education loan?

The parent(s) or guardian of the student would be treated as a co-applicant of the student loan. His or her role would be, necessarily...

READ MORE

WHAT'S NEW ?

PL Travel Inside Page Pin 263X169

DON'T LET FINANCES BOTHER YOUR LOVE FOR TRAVEL

Personal Loans from Axis Bank
with no foreclosure charges.

KNOW MORE

axis-bank-atm-charges-waiver Inside PIN

Here's a quick guide to the recent  RBI Directive on Demonetization

Read all Demonetisation related
general instructions here

KNOW MORE

CCD-App_v01_263x169

NOW ENJOY YOUR COFFEE, CASHLESS!

Register on lime wallet through CCD app and get a cappuccino free*

REGISTER NOW

AxisBank_Banner263-x-169

INTRODUCING EXPRESSINVEST

Access schemes from over 10 MF houses in less than 10 minutes at 0 brokerage.

KNOW MORE

ALL LOANS

Home Loan

Car Loan

Commercial Vehicle Loan

Other Loans