Why Choose Us?
- Flexibile Collateral
- AI Powered Loan Suggestions
- Low Bank Processing Fee
Start your journey now
Help us with a few details
Need a quick loan assistance? Call Our Experts:
+91 7088 855 855, +91 7088 844 844
Help us with a few details
Need a quick loan assistance? Call Our Experts:
+91 7088 855 855, +91 7088 844 844
We Fund Your Future GuaranteeAxis Bank provides education loans to students studying in India or abroad. Axis Bank’s education loans include benefits such as tax breaks, minimal documentation, and quick loan disbursement. Axis Bank is India’s third largest commercial private bank. The amount of the student loan for study abroad ranges between Rs. 50,000 to Rs. 75 lakhs. Axis education loan not only assists students in meeting the financial requirements of studying abroad, but it also provides a 100% tax benefit on interest paid under Section 80(E) of the IT Act.
| Features | Education Loan Details |
|---|---|
| Loan amount | Upto 10Cr (Collateral) Upto ₹75Lac (Without Collateral) |
| Interest rate |
|
| Processing fee | 0.38% to 0.75% +GST |
| Processing time | 12 Working days |
| Countries covered | USA, Canada, UK, Ireland, New Zealand, Australia, Germany and others |
You are eligible to apply for the Axis student loan only if you’ve met the following requirements:
| Type | Requirement | ||||
|---|---|---|---|---|---|
| Eligibility Criteria For Axis Education Loan | You are eligible to apply for the Axis student loan only if you’ve met the following requirements:
| ||||
| Eligible Courses | Medicine, Engineering, Management etc., either at the graduate or postgraduate level. | ||||
| Eligible Countries | Axis Bank provides education loans to students who are looking to pursue full-time courses from top colleges and universities in popular study-abroad countries such as –
|
By applying for your education loan through We Fund Your Future, you are increasing your chances of approval. Generally, banks dismiss applications if they find any missing documents, property issues, or any other problem. With We Fund Your Future, we will immediately reach out to Axis officials and find the best solution.
With We Fund Your Future, you can submit all the required documents from home! There won’t be any need to visit the branch. Simply head over to our website and submit all the documents there. There won’t be a possibility of not submitting an essential document, as our system is designed to ensure all essential documents are submitted.
All our education loan services are completely free of cost.
Our strategic partnerships ensure low turnaround time. Expect to have your education loan processed and sanctioned within 5-7 working days.
1. Once you’ve established your Axis education loan eligibility, you can submit an online application or get in touch with one of our expert education loan counsellors to schedule a callback. Our counsellors can assist you in obtaining an Axis Education loan without collateral, depending on your needs.
2. After you’ve submitted your profile information, our specialists will carefully review it and, based on your eligibility, recommend the following course of action to you.
3. We Fund Your Future enables students to upload documents digitally, sparing you the trouble of having to present your documents at the bank and allowing you to do it from the convenience of your home.
4. In addition, We Fund Your Future gives you a customised set of documents to submit based on your profile and the loan you’ve applied for to speed up the process.
Once you meet the Axis education loan eligibility; below are the documents required for Axis Education Loan
| Type | Documents Required |
|---|---|
| For Applicants & Co-Applicants | If Salaried – 1. Proof of identity: Voter ID / Driving licence / Passport / PAN card / Aadhar card. 2. Proof of residence: Electricity bill / latest Telephone bill / Bank account statement / existing House lease agreement. 3. Proof of income: Latest salary slips showing all deductions or Form 16 with a recent salary certificate. 4. Bank statement/passbook of last 6 months. 5. Proof of secured admission: Admission Letter or Conditional Admission Letter. 6. Relevant mark sheets and passing certificates. Mandatory passport for the applicant (In case of abroad studies). 7. Legal documents of the collateral/ Property documents (In the case of a secured loan). |
| Identity Documents | 1. Aadhar Card 2. Valid Passport 3. Permanent Account Number (PAN) Card 4. Driver’s License 5. Voter ID 6. Birth Certificate |
| For Others | 1. KYC documents 2. Bank Statement / Pass Book of last 6 months 3. Optional – Guarantor Form 4. Copy of admission letter of the Institute along with fees schedule 5. Mark sheets / passing certificates of S.S.C., H.S.C, Degree courses |
| Academic Documents | 1. 10th Marksheet 2. 12th Marksheet 3. Graduation Certificate 4. Last six months bank statements |
When it comes to Axis Bank education loans for abroad; loan repayment is an essential phase in the loan borrowing process. When attempting to lower the entire loan responsibility and interest payment, it must be treated seriously. Axis Bank education loan repayment period must be regularly checked because it affects a borrower’s credit history. In terms of financial consequences, failing to repay a loan on time might result in increased interest components or, in some situations, the declaration of bankruptcy. A borrower’s loan repayment track record is reflected in credit history as a long-term effect on credit health.
Monthly EMI: 0
Principal Amount: 0
Total Interest: 0
Total Amount: 0
Axis Bank Educational Loan is a financial product designed to assist students in funding their education. It covers various expenses, including tuition fees, accommodation, books, and other related costs.
Eligibility criteria may vary, but typically, Indian nationals pursuing higher education in India or abroad can apply. Specific eligibility requirements can be found on the Axis Bank website.
The need for collateral may depend on the loan amount. Axis Bank may require collateral for higher loan amounts, and details about collateral requirements will be communicated during the application process.
Applicants can apply for an educational loan through the WeFundYourFuture
Applicants can track the status of their loan application through the Axis Bank website or by contacting the WeFundYourFuture customer service helpline