COMPARE : EDUCATION LOANS
AXIS BANK Education Loan
Introduction
Axis Bank's Study Power aims to provide financial support to deserving students for pursuing higher professional or technical education in India and abroad. Students who have obtained admission to job-oriented courses like medicine, engineering, etc. or to graduation or post-graduation level courses are eligible for the loan.
Highlights
  Study Abroad Study India
Course Graduation Graduation
Loan Type Term Loan Term Loan
Loan Purpose The loan would be provided to students who have obtained admission to career-oriented courses eg, medicine, engineering, management etc., either at the graduate or post-graduate level. The loan would be provided to students who have obtained admission to career-oriented courses eg, medicine, engineering, management etc., either at the graduate or post-graduate level.
Loan Amount Min. - Rs 50000
Max. - Rs 2000000
Min. - Rs 50000
Max. - Rs 1000000
Margin Money For loans upto Rs 4 lacs: Nil
For loans above Rs 4 lacs is 15%
No margin for loans upto Rs 4 lacs
For loans above Rs 4 lacs margin is 5%
Tenure Min. - 1 Yrs.
Max. - 7 Yrs.
Min. - 1 Yrs.
Max. - 7 Yrs.
Interest Rate Up to Rs. 4 lacs - 17.25%
Loans greater than Rs. 4 lacs and upto Rs.7.5 lacs 18.25%
Loans greater than 7.5 lacs - 16.25%
Education Loan for Girl Child
Up to Rs. 4 lacs - 16.75%
Loans greater than Rs. 4 lacs and upto Rs. 7.5 lacs -17.75%
Loans greater than 7.5 lacs - 15.75%
Up to Rs. 4 lacs - 17.25%
Loans greater than Rs. 4 lacs and upto Rs.7.5 lacs 18.25%
Loans greater than 7.5 lacs - 16.25%
Education Loan for Girl Child
Up to Rs. 4 lacs - 16.75%
Loans greater than Rs. 4 lacs and upto Rs. 7.5 lacs -17.75%
Loans greater than 7.5 lacs - 15.75%
Time to Process Loan 7 days 7 days
 Fees & charges
 Eligibility Criteria
 Security
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