Axis Bank Education Loan
Axis Bank offers education loans from ₹50,000 to ₹75 lakh for studies in India and abroad, with rates from 6.90% p.a. No processing fees and flexible repayment up to 15 years.
Last checked on September 1, 2026. We may earn a commission when you click through.
Axis Bank Education Loan
Updated 1 month agoAPR Range
6.9–13.5%
Amount
₹50k–₹7.5M
Term
12–180 months
Type
student
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Our Verdict
Axis Bank straddles the line between PSU affordability and private bank speed. The rate range is wide (6.90%-13.50%), meaning premier-institute students get near-PSU rates while others may face steep costs. Good for study-abroad financing with higher loan limits.
Best For
Students heading abroad or to premier Indian institutes who want a private bank experience with competitive rates for top-tier admissions.
Watch Out
The headline 6.90% rate is only for premier institute admits. Regular applicants may face rates above 10%. Collateral or LIC policy required above ₹7.5 lakh. The 5% margin for India and 15% margin for abroad studies means you need upfront funds.
Pros
- High loan amount up to ₹75 lakh
- No processing fees
- Competitive rates for premier institutes (from 6.90%)
- Covers both India and abroad studies
- Online application available
Cons
- Wide rate range — worst case 13.50% p.a.
- 5-15% margin required on loans above ₹4 lakh
- Collateral needed above ₹7.5 lakh
- 2% processing fee + GST for some loan categories
Summary
Axis Bank education loans range from ₹50,000 to ₹75 lakh at 6.90%-13.50% p.a. with no processing fees, flexible repayment up to 15 years, and coverage for both domestic and international studies.
About This Loan
Requirements
- Indian national
- Admission to recognised institution in India or abroad
- Parent/guardian as co-applicant
- Collateral or LIC policy for loans above ₹7.5 lakh
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