{"id":7044,"date":"2024-07-15T17:22:20","date_gmt":"2024-07-15T11:52:20","guid":{"rendered":"https:\/\/fly.finance\/blog\/?p=7044"},"modified":"2025-02-27T17:13:39","modified_gmt":"2025-02-27T11:43:39","slug":"axis-bank-education-loan","status":"publish","type":"post","link":"https:\/\/fly.finance\/blog\/education-loan\/axis-bank-education-loan\/","title":{"rendered":"Axis Bank Education Loan: Interest Rates, Eligibility, Documentation"},"content":{"rendered":"\n<p>Pursuing higher education overseas is a dream for many, but the financial aspect often casts a shadow. Axis Bank understands this challenge and offers comprehensive education loans that provide support to your academic journey. With flexible repayment options and competitive interest rates, Axis Bank education loans empower students to chase their global aspirations without financial constraints. Let&#8217;s explore how Axis Bank&#8217;s education loans can be your stepping stone to international success.<\/p>\n\n\n\n<div class=\"wp-block-yoast-seo-table-of-contents yoast-table-of-contents\"><h2 id=\"table-of-contents\">Table of contents<\/h2><ul><li><a href=\"#h-overview-of-axis-bank-education-loan\" data-level=\"2\">Overview of Axis Bank Education Loan<\/a><\/li><li><a href=\"#h-axis-bank-education-loan-interest-rates\" data-level=\"2\">Axis Bank Education Loan Interest Rates<\/a><\/li><li><a href=\"#h-eligibility-for-axis-bank-education-loan\" data-level=\"2\">Eligibility for Axis Bank Education Loan<\/a><\/li><li><a href=\"#h-why-take-the-axis-bank-education-loan\" data-level=\"2\">Why Take the Axis Bank Education Loan?<\/a><\/li><li><a href=\"#h-axis-bank-education-loan-documents-required\" data-level=\"2\">Axis Bank Education Loan Documents Required<\/a><ul><li><a href=\"#h-for-salaried-individuals\" data-level=\"3\">For Salaried Individuals<\/a><\/li><li><a href=\"#h-for-other-individuals\" data-level=\"3\">For Other Individuals<\/a><\/li><li><a href=\"#h-for-first-disbursement\" data-level=\"3\">For First Disbursement<\/a><\/li><li><a href=\"#h-for-subsequent-disbursement\" data-level=\"3\">For Subsequent Disbursement<\/a><\/li><\/ul><\/li><li><a href=\"#h-sub-categories-of-axis-bank-education-loan\" data-level=\"2\">Sub-Categories of Axis Bank Education Loan<\/a><\/li><li><a href=\"#h-how-to-avail-the-axis-bank-education-loan\" data-level=\"2\">How to Avail the Axis Bank Education Loan?<\/a><\/li><li><a href=\"#h-axis-bank-education-loan-features\" data-level=\"2\">Axis Bank Education Loan \u2013 Features<\/a><\/li><li><a href=\"#h-expenses-covered\" data-level=\"2\">Expenses Covered<\/a><\/li><li><a href=\"#h-faqs\" data-level=\"2\">FAQs<\/a><\/li><\/ul><\/div>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-overview-of-axis-bank-education-loan\"><span id=\"overview-of-axis-bank-education-loan\">Overview of Axis Bank Education Loan<\/span><\/h2>\n\n\n\n<p>Axis Bank is one of the leading private banks in India. Their education loan lets you avail of higher loan limits of up to INR 75 lakhs for unsecured loans. There is no upper limit on secured Axis Bank education loans. The best part is that the bank lets you avail of up to 1 crore of unsecured education loans to study abroad for premier courses.<\/p>\n\n\n\n<p>You get a repo-linked lending rate- <a href=\"https:\/\/fly.finance\/blog\/full-form\/full-form-on-rllr\/\"><strong>RLLR-based interest rates<\/strong><\/a> on education loans. The Axis Bank education loan interest rates range from 13.70% p.a to 15.20% p.a. You can also avail MCLR-based interest rates on student loans starting from 9.20% p.a onwards. These are reset after every six months.&nbsp;<\/p>\n\n\n\n<figure class=\"wp-block-table is-style-stripes\"><table><tbody><tr><td><strong>Loan Name<\/strong><\/td><td>Axis Bank Education Loan<\/td><\/tr><tr><td><strong>Interest Rates<\/strong><\/td><td>13.70% p.a to 15.20% p.a.<\/td><\/tr><tr><td><strong>Margin Money<\/strong><\/td><td>5% on loans above INR 4 lakhs in India<br>15% on loans above INR 4 lakhs to study abroad<br><em>No margin on loans up to INR 4 lakhs<\/em><\/td><\/tr><tr><td><strong>Loan Limit<\/strong><\/td><td>For India- Up to INR 75 lakhs<br>For Abroad- Up to INR 1 crore<\/td><\/tr><tr><td><strong>Loan Security<\/strong><\/td><td>Third-Party Guarantee Collateral Security<\/td><\/tr><tr><td><strong>Moratorium Period<\/strong><\/td><td>Course Period +1 Year or 6 Months After Getting a Job<\/td><\/tr><tr><td><strong>Maximum Repayment Period<\/strong><\/td><td>15 Years<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-axis-bank-education-loan-interest-rates\"><span id=\"axis-bank-education-loan-interest-rates\">Axis Bank Education Loan Interest Rates<\/span><\/h2>\n\n\n\n<p><a href=\"https:\/\/fly.finance\/blog\/education-loan\/axis-bank-education-loan-interest-rate\/\"><strong>Axis Bank education loan interest rates<\/strong><\/a> are competitive ranging from <strong>13.70% to 15.20% per annum<\/strong>. These rates are variable and linked to the repo rate set by the Reserve Bank of India (RBI), adjusted every three months or as determined by the bank. Interest rates vary based on the loan amount-<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Loans up to INR 4 lakhs:<\/strong> The interest rate is 15.20% p.a.<\/li>\n\n\n\n<li><strong>Loans between INR 4 lakhs and INR 7.5 lakhs:<\/strong> The interest rate is 14.70% p.a.<\/li>\n\n\n\n<li><strong>Loans above INR 7.5 lakhs:<\/strong> The interest rate is 13.70% p.a.<\/li>\n<\/ul>\n\n\n\n<p><strong>Note:<\/strong> Axis Bank also provides the option of fixed-interest rate loans.<\/p>\n\n\n\n<figure class=\"wp-block-table is-style-stripes\"><table><tbody><tr><td><strong>Loan Amount<\/strong><\/td><td><strong>Repo Rate<\/strong><\/td><td><strong>Spread<\/strong><\/td><td><strong>Effective ROI<\/strong><\/td><\/tr><tr><td>Up to INR 4 lakhs<\/td><td>6.50%<\/td><td>8.70%<\/td><td>15.20% p.a<\/td><\/tr><tr><td>INR 4 lakhs \u2013 7.5 lakhs<\/td><td>6.50%<\/td><td>8.20%<\/td><td>14.70% p.a<\/td><\/tr><tr><td>More than 7.5 lakhs&nbsp;<\/td><td>6.50%<\/td><td>7.20%<\/td><td>13.70% p.a<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-eligibility-for-axis-bank-education-loan\"><span id=\"eligibility-for-axis-bank-education-loan\">Eligibility for Axis Bank Education Loan<\/span><\/h2>\n\n\n\n<p>Students who wish to apply for Axis Bank Education Loan must meet the eligibility criteria that are released by Axis Bank. Let\u2019s have a look at the eligibility criteria given by the bank-<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Applicants must be Indian citizens.<\/li>\n\n\n\n<li>Applicants must have secured at least 50% in the last appeared exam for, XIIth or graduation.<\/li>\n\n\n\n<li>Only those applicants are considered eligible who have secured admission to career-oriented courses, either at the graduate or postgraduate level like Medicine, Engineering, Management etc.<\/li>\n\n\n\n<li>Applicants must have secured admission in India or Abroad through a proper entrance test. Or the selection should have been merit-based selection.<\/li>\n\n\n\n<li>Applicants must possess documents that show regular income is mandatory for the co-applicant.<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-why-take-the-axis-bank-education-loan\"><span id=\"why-take-the-axis-bank-education-loan\">Why Take the Axis Bank Education Loan?<\/span><\/h2>\n\n\n\n<p>Axis Bank education loans are a great fit for students who aspire to pursue higher education in India and abroad. With a minimum loan amount of INR 50,000 and no maximum limit, you get student loans at competitive interest rates. There are compelling reasons to consider Axis Bank education loans, including:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>You can secure an education loan of up to INR 1 crore for overseas studies.<\/li>\n\n\n\n<li>Axis Bank offers competitive interest rates ranging from 13.70% p.a to 15.20% p.a for education loans.<\/li>\n\n\n\n<li>These loans cater to a wide range of academic pursuits, including graduate, postgraduate, and professional courses.<\/li>\n\n\n\n<li>The education loan encompasses various costs like tuition fees, library charges, accommodation expenses, and other incidental outlays.<\/li>\n\n\n\n<li>You get an <a href=\"https:\/\/fly.finance\/blog\/education-loan\/education-loan-sanction-letter\/\"><strong>education loan sanction letter<\/strong><\/a> before admission based on your profile.<\/li>\n\n\n\n<li><a href=\"https:\/\/fly.finance\/blog\/education-loan\/axis-bank-education-loan-processing-time\/\"><strong>Axis Bank education loan processing time<\/strong><\/a> is short. You get your loan processed within 15 days with hassle-free disbursement of the loan amount availed.<\/li>\n<\/ul>\n\n\n\n<p class=\"has-pale-ocean-gradient-background has-background\"><strong>Must Read: <\/strong><strong>Also Read: We have compiled a list of <\/strong><a href=\"https:\/\/fly.finance\/blog\/education-loan\/private-student-loans-for-study-abroad\/\"><strong>top private student loans for students going to study abroad<\/strong><\/a><strong>. Check our blog to learn the details of different lenders helping to fund study-abroad education.<\/strong><\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-axis-bank-education-loan-documents-required\"><span id=\"axis-bank-education-loan-documents-required\">Axis Bank Education Loan Documents Required<\/span><\/h2>\n\n\n\n<p>Axis Bank has also listed several documents that applicants must possess while availing of the Axis Bank Education for education in India or abroad. The document requirements may vary depending on the status of the applicant and the disbursement schemes, therefore, we have listed the documents for each group of applicants below-<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-for-salaried-individuals\"><span id=\"for-salaried-individuals\">For Salaried Individuals<\/span><\/h3>\n\n\n\n<p>Salaried individuals must have these documents-&nbsp;<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Bank Statement for the last 6 months<\/li>\n\n\n\n<li>Admission letter\/ acceptance letter from the university<\/li>\n\n\n\n<li>The fee structure of the university<\/li>\n\n\n\n<li>KYC documents<\/li>\n\n\n\n<li>Optional \u2013 Guarantor Form<\/li>\n\n\n\n<li>Mark sheets \/ passing certificates of all the exams appeared for and cleared.<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-for-other-individuals\"><span id=\"for-other-individuals\">For Other Individuals<\/span><\/h3>\n\n\n\n<p>Other applicants must possess these documents-&nbsp;<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Bank Statement for the last 6 months<\/li>\n\n\n\n<li>Admission letter\/ acceptance letter from the university<\/li>\n\n\n\n<li>The fee structure of the university<\/li>\n\n\n\n<li>KYC documents<\/li>\n\n\n\n<li>Optional \u2013 Guarantor Form<\/li>\n\n\n\n<li>Mark sheets \/ passing certificates of all the exams appeared for and cleared.<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-for-first-disbursement\"><span id=\"for-first-disbursement\">For First Disbursement<\/span><\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Letter of demand from college or university<\/li>\n\n\n\n<li>The sanction letter must be signed by the applicant, co-applicants<\/li>\n\n\n\n<li>Disbursement request form that has been signed by the applicant, co-applicants<\/li>\n\n\n\n<li>Form A2 that has been signed by the applicant or co-applicants in case of an overseas institute<\/li>\n\n\n\n<li>The loan agreement must be signed by the applicant, co-applicants<\/li>\n\n\n\n<li>Receipts of margin money paid to the college\/university&nbsp;<\/li>\n\n\n\n<li>Bank statement reflecting the margin money paid<\/li>\n\n\n\n<li>Collateral security documents (if applicable)<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-for-subsequent-disbursement\"><span id=\"for-subsequent-disbursement\">For Subsequent Disbursement<\/span><\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Letter of demand from college or university<\/li>\n\n\n\n<li>Disbursement request form that has been signed by the applicant, co-applicants<\/li>\n\n\n\n<li>Form A2 that has been signed by the applicant or co-applicants in case of an overseas institute<\/li>\n\n\n\n<li>The loan agreement must be signed by the applicant, co-applicants<\/li>\n\n\n\n<li>Receipts of margin money paid to the college\/university&nbsp;<\/li>\n\n\n\n<li>Bank statement reflecting the margin money paid<\/li>\n<\/ul>\n\n\n\n<p class=\"has-pale-ocean-gradient-background has-background\"><strong>Also Read: Know all about <\/strong><a href=\"https:\/\/fly.finance\/blog\/education-loan\/llb-education-loan-to-study-abroad\/\"><strong>LLB education loans<\/strong><\/a><strong> to study abroad and the best public banks, private banks, and NBFCs providing education loans for LLB students.&nbsp;<\/strong><\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-sub-categories-of-axis-bank-education-loan\"><span id=\"sub-categories-of-axis-bank-education-loan\">Sub-Categories of Axis Bank Education Loan<\/span><\/h2>\n\n\n\n<figure class=\"wp-block-table is-style-stripes\"><table><tbody><tr><td><strong>Prime Abroad<\/strong><\/td><td>&#8211; Education Loan for full-time Premier Courses Abroad<br>&#8211; Unsecured Loans up to INR 1 crore<br>&#8211; Multi-currency <a href=\"https:\/\/fly.finance\/blog\/money-transfer\/axis-bank-forex-card\/\"><strong>Axis Bank Forex Card<\/strong><\/a><br>&#8211; Loan Tenure up to 15 years<\/td><\/tr><tr><td><strong>Prime Domestic<\/strong><\/td><td>&#8211; Education Loan for selected leading courses in India<br>&#8211; Unsecured Loan amount of up to INR 75 lakhs<br>&#8211; Loan Tenure up to 15 years<\/td><\/tr><tr><td><strong>Income-based Funding<\/strong><\/td><td>&#8211; Unsecured loans up to INR 50 lakhs based on the co-applicant\u2019s income including full-time abroad &amp; domestic courses<br>&#8211; All full-time domestic and abroad courses<br>&#8211; Loan tenure up to 10 years&nbsp;<\/td><\/tr><tr><td><strong>GRE based funding<\/strong><\/td><td>&#8211; Unsecured Loan for Abroad universities based on GRE score<br>&#8211; Moratorium period provided during the course period<br>&#8211; Loan tenure up to 10 years<\/td><\/tr><tr><td><strong>Loan for Higher Studies<\/strong><\/td><td>&#8211; Education loan for pursuing higher education in India or abroad<br>&#8211; No collateral security required up to 7.5Lakhs<br>&#8211; No charges for pre-closure of loan<br>&#8211; Door-Step Service<\/td><\/tr><tr><td><strong>Balance Transfer<\/strong><\/td><td>&#8211; Applicants can switch their existing high-cost Education Loan &amp; reduce their monthly EMIs<br>&#8211; No charges for pre-closure of loan<br>&#8211; Door-Step Service<\/td><\/tr><tr><td><strong>Loan for Working Professional&nbsp;<\/strong><\/td><td>&#8211; Unsecured Loans up to INR 40 lakhs to working professionals&nbsp;<br>&#8211; No co-applicants required&nbsp;<br>&#8211; Loan repayment tenure of up to 10 years<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-how-to-avail-the-axis-bank-education-loan\"><span id=\"how-to-avail-the-axis-bank-education-loan\">How to Avail the Axis Bank Education Loan?<\/span><\/h2>\n\n\n\n<p>For availing of the Axis Bank education loan, applicants must make sure they know all the requisites beforehand. You can go to the nearest bank branch and collect the application form.<\/p>\n\n\n\n<p>The complete application form must be submitted along with all the documents asked for. Applicants must patiently wait for the verification process.<\/p>\n\n\n\n<p class=\"has-pale-ocean-gradient-background has-background\"><strong>Also Read: Check out the FAQs on the <\/strong><a href=\"https:\/\/fly.finance\/blog\/education-loan\/faqs-on-restructuring-scheme-of-rbi\/\"><strong>Restructuring 2.0 Scheme of RBI<\/strong><\/a><strong> that provides benefits to the borrowers affected by the COVID-19 pandemic.&nbsp;<\/strong><\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-axis-bank-education-loan-features\"><span id=\"axis-bank-education-loan-features\">Axis Bank Education Loan \u2013 Features<\/span><\/h2>\n\n\n\n<figure class=\"wp-block-table is-style-stripes\"><table><tbody><tr><td>Eligibility<\/td><td>An Indian citizen who has secured admission to a university abroad<\/td><\/tr><tr><td>Loan amount<\/td><td>Minimum INR 50,000<br>Maximum- No upper limit<\/td><\/tr><tr><td>Down payment<\/td><td>5% down payment is required for loans above 4 Lakhs<\/td><\/tr><tr><td>Collateral<\/td><td>The co-applicant and the primary debtor will be the parents or guardian. Tangible assets can be used as collateral, along with a third-party guarantee<\/td><\/tr><tr><td>Processing Charges<\/td><td>2% of the loan amount + GST charges<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-expenses-covered\"><span id=\"expenses-covered\">Expenses Covered<\/span><\/h2>\n\n\n\n<p>Axis Bank education loans comprehensively cover a range of expenses, including but not limited to:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Tuition fees: Including admission fees, exam fees, and other academic-related expenses.<\/li>\n\n\n\n<li>Hostel and accommodation charges: Covering the costs of living away from home during the course.<\/li>\n\n\n\n<li>Travel expenses for overseas education: Facilitating students\u2019 international educational pursuits by covering travel costs.<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-faqs\"><span id=\"faqs\">FAQs<\/span><\/h2>\n\n\n\n<div class=\"schema-faq wp-block-yoast-faq-block\"><div class=\"schema-faq-section\" id=\"faq-question-1721043615181\"><strong class=\"schema-faq-question\"><strong>What is the maximum amount for an Axis Bank education loan?<\/strong><\/strong> <p class=\"schema-faq-answer\">Axis Bank education loans can be availed up to INR 75 lakhs for unsecured loans. There is no upper limit on secured Axis Bank education loans. The best part is that the bank lets you avail of up to 1 crore of unsecured education loans to study abroad for premier courses.<\/p> <\/div> <div class=\"schema-faq-section\" id=\"faq-question-1677040476830\"><strong class=\"schema-faq-question\">Are arts students eligible for this Education Loan?<\/strong> <p class=\"schema-faq-answer\">Only those applicants are considered eligible who have secured admission to career-oriented courses, either at the graduate or postgraduate level like Medicine, Engineering, Management etc.<\/p> <\/div> <div class=\"schema-faq-section\" id=\"faq-question-1677040478155\"><strong class=\"schema-faq-question\">How to get the Axis Bank Education Loan?<\/strong> <p class=\"schema-faq-answer\">You can go to the nearest bank branch and collect the application form. The complete application form must be submitted along with all the documents asked for. Applicants must patiently wait for the verification process.<\/p> <\/div> <div class=\"schema-faq-section\" id=\"faq-question-1677040479432\"><strong class=\"schema-faq-question\">What documents are required to get the Axis Bank Education Loan?<\/strong> <p class=\"schema-faq-answer\">The document requirements may vary depending on the status of the applicant and the disbursement schemes.<\/p> <\/div> <div class=\"schema-faq-section\" id=\"faq-question-1721043635765\"><strong class=\"schema-faq-question\"><strong>What is the Axis Bank education loan interest rate?<\/strong><\/strong> <p class=\"schema-faq-answer\"><strong>Axis Bank education loan interest rates<\/strong> are competitive ranging from <strong>13.70% to 15.20% per annum<\/strong>. These rates are variable and linked to the repo rate set by the Reserve Bank of India (RBI), adjusted every three months or as determined by the bank.\u00a0<\/p> <\/div> <\/div>\n\n\n\n<p>So, this was all about the Axis Bank Education Loan. To know more about <a href=\"https:\/\/fly.finance\/blog\/education-loan\/\"><strong>education loans<\/strong><\/a>, the best <a href=\"https:\/\/fly.finance\/blog\/student-account\/\"><strong>bank accounts for students<\/strong><\/a>, forex and banking experience for global students or <a href=\"https:\/\/fly.finance\/blog\/money-transfer\/\"><strong>international money transfers<\/strong><\/a>, reach out to our experts at 1800572126 to help ease your study abroad experience.<\/p>\n\n\n\n<figure class=\"wp-block-table is-style-stripes\"><table class=\"has-pale-ocean-gradient-background has-background\"><tbody><tr><td colspan=\"2\"><strong>Related Blogs<\/strong><\/td><\/tr><tr><td><a href=\"https:\/\/fly.finance\/blog\/money-transfer\/outward-remittance-form-of-axis-bank\/\"><strong>Outward Remittance Form of Axis Bank<\/strong><\/a><\/td><td><a href=\"https:\/\/fly.finance\/blog\/education-loan\/minimum-family-income-requirements-for-education-loan\/\"><strong>Minimum Family Income Requirements For Education Loan<\/strong><\/a><\/td><\/tr><tr><td><a href=\"https:\/\/fly.finance\/blog\/student-account\/axis-bank-student-account\/\"><strong>Axis Bank Student Account<\/strong><\/a><\/td><td><a href=\"https:\/\/fly.finance\/blog\/education-loan\/indusind-bank-education-loan\/\"><strong>IndusInd Bank Education Loan<\/strong><\/a><\/td><\/tr><tr><td><a href=\"https:\/\/fly.finance\/blog\/education-loan\/axis-bank-interest-certificate\/\"><strong>Axis Bank Interest Certificate<\/strong><\/a><\/td><td><a href=\"https:\/\/fly.finance\/blog\/education-loan\/how-to-obtain-solvency-certificate\/\"><strong>How To Obtain a Solvency Certificate<\/strong><\/a><\/td><\/tr><tr><td><a href=\"https:\/\/fly.finance\/blog\/education-loan\/axis-bank-education-loan-disbursement-process\/\"><strong>Axis Bank Education Loan Disbursement Process<\/strong><\/a><\/td><td><a href=\"https:\/\/fly.finance\/blog\/education-loan\/how-to-download-the-application-form-from-the-vidya-lakshmi-portal\/\"><strong>How To Download The Application Form From The Vidya Lakshmi Portal<\/strong><\/a><\/td><\/tr><tr><td><a href=\"https:\/\/fly.finance\/blog\/education-loan\/hdfc-bank-remittance-services\/\"><strong>HDFC Bank Remittance Services<\/strong><\/a><\/td><td><a href=\"https:\/\/fly.finance\/blog\/education-loan\/eligibility-criteria-for-loan-capability-certificate\/\"><strong>Eligibility Criteria For Loan Capability Certificate<\/strong><\/a><\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<p><strong>Follow Us on Social Media <\/strong><\/p>\n\n\n\n<ul class=\"wp-block-social-links is-layout-flex wp-block-social-links-is-layout-flex\"><li class=\"wp-social-link wp-social-link-instagram  wp-block-social-link\"><a href=\"https:\/\/instagram.com\/flydotfinance\" class=\"wp-block-social-link-anchor\"><svg width=\"24\" height=\"24\" viewBox=\"0 0 24 24\" version=\"1.1\" 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M16.804,6.116c-0.596,0-1.08,0.484-1.08,1.08 s0.484,1.08,1.08,1.08c0.596,0,1.08-0.484,1.08-1.08S17.401,6.116,16.804,6.116z\"><\/path><\/svg><span class=\"wp-block-social-link-label screen-reader-text\">Instagram<\/span><\/a><\/li>\n\n<li class=\"wp-social-link wp-social-link-linkedin  wp-block-social-link\"><a href=\"https:\/\/www.linkedin.com\/company\/flyfinance\/\" class=\"wp-block-social-link-anchor\"><svg width=\"24\" height=\"24\" viewBox=\"0 0 24 24\" version=\"1.1\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" aria-hidden=\"true\" focusable=\"false\"><path d=\"M19.7,3H4.3C3.582,3,3,3.582,3,4.3v15.4C3,20.418,3.582,21,4.3,21h15.4c0.718,0,1.3-0.582,1.3-1.3V4.3 C21,3.582,20.418,3,19.7,3z M8.339,18.338H5.667v-8.59h2.672V18.338z M7.004,8.574c-0.857,0-1.549-0.694-1.549-1.548 c0-0.855,0.691-1.548,1.549-1.548c0.854,0,1.547,0.694,1.547,1.548C8.551,7.881,7.858,8.574,7.004,8.574z M18.339,18.338h-2.669 v-4.177c0-0.996-0.017-2.278-1.387-2.278c-1.389,0-1.601,1.086-1.601,2.206v4.249h-2.667v-8.59h2.559v1.174h0.037 c0.356-0.675,1.227-1.387,2.526-1.387c2.703,0,3.203,1.779,3.203,4.092V18.338z\"><\/path><\/svg><span class=\"wp-block-social-link-label screen-reader-text\">LinkedIn<\/span><\/a><\/li>\n\n<li class=\"wp-social-link wp-social-link-twitter  wp-block-social-link\"><a href=\"https:\/\/twitter.com\/flydotfinance\" class=\"wp-block-social-link-anchor\"><svg width=\"24\" height=\"24\" viewBox=\"0 0 24 24\" version=\"1.1\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" aria-hidden=\"true\" focusable=\"false\"><path d=\"M22.23,5.924c-0.736,0.326-1.527,0.547-2.357,0.646c0.847-0.508,1.498-1.312,1.804-2.27 c-0.793,0.47-1.671,0.812-2.606,0.996C18.324,4.498,17.257,4,16.077,4c-2.266,0-4.103,1.837-4.103,4.103 c0,0.322,0.036,0.635,0.106,0.935C8.67,8.867,5.647,7.234,3.623,4.751C3.27,5.357,3.067,6.062,3.067,6.814 c0,1.424,0.724,2.679,1.825,3.415c-0.673-0.021-1.305-0.206-1.859-0.513c0,0.017,0,0.034,0,0.052c0,1.988,1.414,3.647,3.292,4.023 c-0.344,0.094-0.707,0.144-1.081,0.144c-0.264,0-0.521-0.026-0.772-0.074c0.522,1.63,2.038,2.816,3.833,2.85 c-1.404,1.1-3.174,1.756-5.096,1.756c-0.331,0-0.658-0.019-0.979-0.057c1.816,1.164,3.973,1.843,6.29,1.843 c7.547,0,11.675-6.252,11.675-11.675c0-0.178-0.004-0.355-0.012-0.531C20.985,7.47,21.68,6.747,22.23,5.924z\"><\/path><\/svg><span class=\"wp-block-social-link-label screen-reader-text\">Twitter<\/span><\/a><\/li><\/ul>\n","protected":false},"excerpt":{"rendered":"<p>Pursuing higher education overseas is a dream for many, but the financial aspect often casts a shadow. Axis Bank understands this challenge and offers comprehensive education loans that provide support to your academic journey. With flexible repayment options and competitive interest rates, Axis Bank education loans empower students to chase their global aspirations without financial &#8230; <a title=\"Axis Bank Education Loan: Interest Rates, Eligibility, Documentation\" class=\"read-more\" href=\"https:\/\/fly.finance\/blog\/education-loan\/axis-bank-education-loan\/\" aria-label=\"Read more about Axis Bank Education Loan: Interest Rates, Eligibility, Documentation\">Read more<\/a><\/p>\n","protected":false},"author":15,"featured_media":13850,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[21],"tags":[],"class_list":["post-7044","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-education-loan"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.2 (Yoast SEO v27.2) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Axis Bank Education Loan: Interest Rates, Eligibility, Documentation<\/title>\n<meta name=\"description\" content=\"This blog includes the details about Axis Bank Education Loan. 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There is no upper limit on secured Axis Bank education loans. The best part is that the bank lets you avail of up to 1 crore of unsecured education loans to study abroad for premier courses.","inLanguage":"en-US"},"inLanguage":"en-US"},{"@type":"Question","@id":"https:\/\/fly.finance\/blog\/education-loan\/axis-bank-education-loan\/#faq-question-1677040476830","position":2,"url":"https:\/\/fly.finance\/blog\/education-loan\/axis-bank-education-loan\/#faq-question-1677040476830","name":"Are arts students eligible for this Education Loan?","answerCount":1,"acceptedAnswer":{"@type":"Answer","text":"Only those applicants are considered eligible who have secured admission to career-oriented courses, either at the graduate or postgraduate level like Medicine, Engineering, Management etc.","inLanguage":"en-US"},"inLanguage":"en-US"},{"@type":"Question","@id":"https:\/\/fly.finance\/blog\/education-loan\/axis-bank-education-loan\/#faq-question-1677040478155","position":3,"url":"https:\/\/fly.finance\/blog\/education-loan\/axis-bank-education-loan\/#faq-question-1677040478155","name":"How to get the Axis Bank Education Loan?","answerCount":1,"acceptedAnswer":{"@type":"Answer","text":"You can go to the nearest bank branch and collect the application form. The complete application form must be submitted along with all the documents asked for. Applicants must patiently wait for the verification process.","inLanguage":"en-US"},"inLanguage":"en-US"},{"@type":"Question","@id":"https:\/\/fly.finance\/blog\/education-loan\/axis-bank-education-loan\/#faq-question-1677040479432","position":4,"url":"https:\/\/fly.finance\/blog\/education-loan\/axis-bank-education-loan\/#faq-question-1677040479432","name":"What documents are required to get the Axis Bank Education Loan?","answerCount":1,"acceptedAnswer":{"@type":"Answer","text":"The document requirements may vary depending on the status of the applicant and the disbursement schemes.","inLanguage":"en-US"},"inLanguage":"en-US"},{"@type":"Question","@id":"https:\/\/fly.finance\/blog\/education-loan\/axis-bank-education-loan\/#faq-question-1721043635765","position":5,"url":"https:\/\/fly.finance\/blog\/education-loan\/axis-bank-education-loan\/#faq-question-1721043635765","name":"What is the Axis Bank education loan interest rate?","answerCount":1,"acceptedAnswer":{"@type":"Answer","text":"<strong>Axis Bank education loan interest rates<\/strong> are competitive ranging from <strong>13.70% to 15.20% per annum<\/strong>. These rates are variable and linked to the repo rate set by the Reserve Bank of India (RBI), adjusted every three months or as determined by the bank.\u00a0","inLanguage":"en-US"},"inLanguage":"en-US"}]}},"_links":{"self":[{"href":"https:\/\/fly.finance\/blog\/wp-json\/wp\/v2\/posts\/7044","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/fly.finance\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/fly.finance\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/fly.finance\/blog\/wp-json\/wp\/v2\/users\/15"}],"replies":[{"embeddable":true,"href":"https:\/\/fly.finance\/blog\/wp-json\/wp\/v2\/comments?post=7044"}],"version-history":[{"count":14,"href":"https:\/\/fly.finance\/blog\/wp-json\/wp\/v2\/posts\/7044\/revisions"}],"predecessor-version":[{"id":17918,"href":"https:\/\/fly.finance\/blog\/wp-json\/wp\/v2\/posts\/7044\/revisions\/17918"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/fly.finance\/blog\/wp-json\/wp\/v2\/media\/13850"}],"wp:attachment":[{"href":"https:\/\/fly.finance\/blog\/wp-json\/wp\/v2\/media?parent=7044"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/fly.finance\/blog\/wp-json\/wp\/v2\/categories?post=7044"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/fly.finance\/blog\/wp-json\/wp\/v2\/tags?post=7044"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}