Axis Bank: Provides education loans up to INR 75 lakh with special offers for top institutions and women students. Quick disbursal and flexible EMIs.

Overview

Axis Bank offers a broad education-loan portfolio that’s designed to fund both domestic and international study. For study in India it emphasizes unsecured lending for high-quality, full-time courses (Prime Domestic variant), flexible tenors, and doorstep servicing for application and documentation. Axis markets 100% financing of the education cost and multiple sub-variants to suit different student profiles.

Who it’s best for

Students admitted to recognized full-time degree or professional programs in India who want a high unsecured limit, flexible tenure up to 15 years, and a lender with branch presence and digital processing.

Key features (India-focused)

• Loan start amount: small minimum (₹25,000) with unsecured loans available up to ₹75 lakh for selected courses. 

• Financing: Up to 100% of the total cost (tuition + hostel/living + travel for academic reasons + books/equipment). 

• Tenure: Up to 15 years repayment (post-moratorium). 

• Moratorium: Course duration + specified grace (varies by product). 

• No pre-closure charges (public communication claims no early-closure penalty).

Interest rates & margins (indicative)

Axis publishes repo-linked and spread-based pricing; third-party summaries show effective rates typically in the mid-teens for unsecured smaller amounts, with better spreads for collateralized/large loans (actual pricing changes with policy). Always check the lender’s rate card at application.

Eligibility & documentation (high level)

• Indian citizen, admission to an approved course in India, minimum academic threshold as per product.

• Co-applicant usually required (parent/guardian), income proof, academic records, admission letter, fee structure, KYC