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Non- Axis Bank
Bank Tie Ups
By Banking Channel
Fuel your dreams with financial assistance for professional or technical education in India or abroad.
Special Rate of Interest ranging from 10.5% - 12.5%
Offer valid till March 31, 2017
As per Axis Bank's Prime institutes approved list
Special Rate of Interest for loans -
With Collateral Security - 11.75%
Without Collateral Security - 12.75%
Offer valid till March 31, 2017
Minimum - Rs. 50,000; Maximum - upto Rs. 75 lakhs*
*Upper limits may be extended for special cases.Loan amount eligibility will be derived as per Bank's policy
No Processing Fees
No Pre-Payment Charges
No Pre-Closure Charges
Features and Benefits
Eligibility & Documentation
Interest Rates and Charges
Central Scheme for Subsidy
Government of India, Ministry of HRD vide letter no. F. 11-4/2010 – U.5(i) dated 25th May 2010 have formulated a scheme to provide full interest subsidy during the period of moratorium i.e. Course Period plus one year or six months after getting job, whichever is earlier. This scheme is available for loans taken by students belonging to economically weaker sections (EWS)
(where annual parental income from all sources is up to and inclusive of `4.5 lakhs)
under the IBA approved Model Educational Loan Scheme, for pursuing any of the approved courses of studies in technical and professional streams, from recognized institutions in India.
The Scheme is applicable to all students satisfying the eligibility criteria of the IBA approved Model Educational Loan Scheme, subject to complying with the conditions of the Interest Subsidy Scheme. The Scheme is applicable only for studies in India and is available to Educational Loans up to and inclusive of `10 lakhs.
Income Certificate issued by appropriate authority/authorities designated by respective State Government
CLICK HERE LINK
Bonafide Student Certificate
If the student is qualifying for the subsidy scheme, the Interest Subsidy Agreement, Letter of undertaking cum Declaration needs to be signed by the borrowers
Bank will convey its decision within 15 working days from the date of receipt of the application provided the application is complete...
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...
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...
Loan against Shares
Loan against Property
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This is to inform you that by clicking on the hyper-link/ok, you will be accessing a website operated by a third party namely mybustickets.in. Such links are provided only for the convenience of the Client and Axis Bank does not control or endorse such websites, and is not responsible for their contents. The use of such websites would be subject to the terms and conditions of usage as stipulated in such websites and would take precedence over the terms and conditions of usage of www.axisbank.com in case of conflict between them. Any actions taken or obligations created voluntarily by the person(s) accessing such web sites shall be directly between such person and the owner of such websites and Axis Bank shall not be responsible directly or indirectly for such action so taken. Thank you for visiting www.axisbank.com
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