Axis Bank Education Loan 2025: A Complete Guide
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Axis Bank offer student loans for students aspiring to study in India or abroad. The interest rates range from 13.70% to 15.20%, with a repayment tenure of up to 15 years. Students can apply online or offline by submitting essential documents like academic transcripts, ID proof, and income statements.
Not every student manages to get a scholarship for their higher studies. Education loan is the only way to finance their dream of pursuing higher education. Axis Bank is a popular private bank which offers education loan for studying abroad or in India. Just like other student loan providers in India, they analyze students’ profiles before offering them loans.
Applicants can borrow up to INR 75 lakhs for higher studies without collateral. In some cases, this amount can go up to INR 1 Crore. Axis Bank education loan covers expenses like tuition fees, books expenses and accommodation rent. The ROI for Axis Bank study loan starts from 13.70%. In this article, we will cover every basic detail about borrowing a student loan from Axis Bank including eligibility, how to apply, fees and more.
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Axis Bank Education Loan
After HDFC Bank and ICICI Bank, Axis Bank is the largest private sector bank in India. It offers education loans to students who want to pursue higher education in India or abroad. The Axis Bank offer both unsecured and secured student loans depending on the student's profile and course type. Students can borrow up to INR 75 Lakhs without collateral as an education loan and no upper limit for secured loans. For top universities in the world and demanding programs, the unsecured loan amount is INR Crore.
Below, we have mentioned a quick overview of Axis Bank Education loan 2025:
| Overview of Axis Bank Education Loan 2025 |
|
|---|---|
| Loan Amount |
|
| Axis Bank Education Loan Interest Rate |
13.70% to 15.20% |
| Loan Coverage |
|
| Repayment Tenure |
Up to 15 years |
| Moratorium Period |
6 Months to 1 Year |
| Tax Benefits |
Income tax benefit on interest paid under Section 80E. |
| Application Process |
Students can apply online and offline |
Types of Education Loans at Axis Bank
The Axis Bank offers student loans for studying abroad or in India, with different schemes and terms. Having a better understanding of the various types of study loans offered by Axis Bank will help you select the best education loan for your needs.
Check out the different sub-variants of Axis Bank Education Loan, mentioned below:
| Sub-Variants of Axis Bank Student Loans |
Key Features |
|---|---|
| Prime Abroad |
|
| Prime Domestic |
|
| GRE-Based Funding |
|
| Income-Based Funding |
|
| Loan for Higher Study |
|
| Loan for Working Professionals |
|
| Balance Transfer |
|
Axis Bank Education Loan Eligibility
To get financial help in the form of an education loan offered by Axis Bank, students need to meet the eligibility criteria set by the bank. Here is some point-wise eligibility for Axis Bank study loan:
- The applicant and co-applicant should be Indian citizens.
- The age of the applicant should be above 18 years.
- 50% or above marks should be in HSC and Graduation.
- Students enrolled in a demanding course such as Medicine, Engineering, and Management.
- Co-applicant must have a valid income proof
- Students must have secured admission based on entrance exam scores such as IELTS, GRE, GMAT or other standardized test
Other than this, the bank may ask you to fulfil additional eligibility criteria based on your profile. It is suggested to connect with any representative of Axis Bank for a better understanding of education loan eligibility.
How to Apply for Axis Bank Education Loan?
After completing the eligibility, the next step is to understand the application process for Axis Bank education loan. There are two ways to apply for a study loan offered by the Axis Bank.
Online Application Process:
- To apply online, students need to either visit the official website of Axis Bank’s website or Vidya Lakshmi Portal.
- Fill up the required details and then the bank representative will connect with you for further processing.
- Make sure, you have all the documents at the time of application.
Offline Application Process:
- Visit the nearest branch of Axis Bank
- You can directly reach out to the Education loan desk there.
- The bank representative will guide you throughout your study loan process.
List of Documents Required for Axis Bank Student Loan
At the time of study loan application, Axis Bank asks you to submit a few documents to verify your profile. This is a part of the education loan process and the objective is to ensure you are eligible for borrowing money. Check out the list of required documents to apply for Axis Bank Education loan:
| Documents Required for Axis Bank Student Loan |
|
|---|---|
| Form |
Axis Bank Education Loan application form |
| Passport Size Photos |
Two Passport-sized Photographs of the applicant/co-applicant |
| Government-Approved ID card |
|
| Age Proof |
|
| Address Proof |
|
| Income Proof (Co-applicant/Guarantor) |
|
| Academic Transcript |
|
| Collateral Security Documents |
|
| Other Documents |
|
Axis Bank Education Loan Interest Rate
What is the interest rate of Axis Bank Education loan for abroad studies? Well, this is the most important question asked by every applicant planning to borrow a student loan from Axis Bank. Just like other banks, Axis Bank keeps updating the ROI for student loans based on the current Repo rate. Below, Below, we have provided a table with the latest interest rates for Axis Bank student loans:
| Education Loan Amount |
Repo Rate |
Spread |
Effective Rate of Interest |
|---|---|---|---|
| Up to 4 lakhs |
6.50% |
8.70% |
15.20% |
| Above 4 lakhs and up to 7.5 lakhs |
6.50% |
8.20% |
14.70% |
| Above 7.5 lakhs |
6.50% |
7.20% |
13.70% |
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That's all about Axis Bank student loans. We hope that you have got the information you are looking for. The bank offers both secured and unsecured loans, ensuring accessibility for a wide range of applicants. Also, the easy process of education loan application makes it a convenient choice.
Education Loans By Other Banks
| Union Bank of India Education Loan | ICICI Bank Education Loan |
| Bank of Baroda Education Loan | Avanse Education Loan |
Contact India’s leading education loan providers through Shiksha Study Abroad Counselling Services. Also, do write to us in the comments below.
The application process at the University of Manchester may vary depending on the course and level of study. However, here is the application process for UG and PG courses:
The Undergraduate Application Process:
Step 1: You can apply through the UCAS common application portal.
Step 2: Go to the website and select the course you are interested in.
Step 3: Ensure you meet the Entry requirements (Academic qualifications, English proficiency, etc.
Step 4: Once you decide on the course, submit documents such as SOP, Transcripts and personal statements.
Check out: tips to improve your SOP.
Step 5: You can track the application's progress through your given credentials by UCAS.
Step 6: Once the applicant submits the application to UCAS, it forwards to the University, and the admission teams carefully analyse the application document.
Step 7: The university will send you an offer letter once selected. Hence keep checking your UCAS portal for your application status.
The Postgraduate application process:
Step 1: Select the postgraduate course you are interested in from the University of Manchester.\
Step 2: Ensure you meet the entry requirements for the chosen program, as they vary depending on the course.
Step 3: Complete the online application by providing your personal information.
Step 4: Upload the required documents, such as Academic transcripts and proof of English language proficiency ( TOEFL/ IELTS). experience in your fields and references (depending on the course). You also may require Two LORs depending on the course.
To make your admission better, check out the following: How Admission Officers Evaluate your application.
Step 5: If your application is successful, you will receive an offer from the University of Manchester.
The English language test score required at the Univerisyt of South Wales are mentioned in the table below for the international applicants whose first language is not English
Exam | Minimum Scores |
|---|---|
IELTS | 6.0 with at least 5.5 in each band |
TOEFL | 72 overall and a minimum of 18 in reading, 17 in listening, 20 in speaking and 17 in writing |
PTE | a score of 59 overall and 59 in each component. |
The minimum IELTS score required for studying in the UK ranges from 6.0 to 6.5. Most undergraduate programs require a minimum score of 6.0, while postgraduate courses often require at least 6.5. However, there are some 5.5 IELTS band score accepting universities in UK for foundation or pre-master's courses.
The Bournemouth University ranks highly as part of UK-wide rankings given by a number of notable ranking platforms. Shiksha ranks it #59 as part of its the latest popularity rankings. An unofficial source ranks BU, #105 as part of its National University Rankings for 2025, while another major college/university ranking platform ranks it #56 as part of its UK University Rankings 2025.
Some of its streams are also ranked by Shiksha, as given below:
| Stream | Shiksha Popularity Ranking |
|---|---|
| Engineering | #85 |
| Business & Management | #85 |
| Mass Communication | #27 |
| Nursing | #31 |
| Arts | #50 |
| Law | #65 |
| Science | #72 |
| Accounting | #90 |
Essex University is among the top business and management universities in the UK that offer quality education to international students. It ranks at 61 in the UK by the 'Complete University Guide' for Business and Management studies. The university offers an MBA programme at a low cost for international students. Applicants can complete the first year of education of the MBA programme from INR 17 L to INR 27 L. Therefore, yes the university is good for an MBA in the UK.
Check the list of Top Ranked MBA Universities in the UK
Those who are preparing for the UK Class 10 exam 2025 are recommended to follow the tips below.
- Know the exam pattern
- Make a proper time table as per the syllabus
- Solve previous year question papers
- Make short notes of important formulas and theorems
- Revise regularly
- Figure out weaker areas and learn them well
With proper planning and hard work, students can easily clear the UK 10th board exam.
Raj Vimal has experience of 7+ years in SEO Content Writing, which includes 5+ years in the Ed-Tech industry. He has written articles about studying abroad, especially in the USA, UK, and other English-speaking coun... Read Full Bio
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After applying to Hertfordshire University UK, the applicants are going to receive an initial decision about their application within 2-3 working days. After the submission of the application and documents, the applicants are required to pay their tuition deposit. Then, complete the Sponsorship interview and the financial declaration. International students are required to pay a deposit of £5,000 before registration. The balance can be paid in line with the liability dates related to the year and entry of the semester.