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Education Loan Eligibility
Specific criteria must be met to be eligible for an Education Loan from Axis Bank. We offer Education Loans for students pursuing studies in India and overseas. Loans start from ₹50,000, collateral free loan up to ₹1.5 Cr and come with appealing interest rates, including benefits like no charges for early repayment or closure. Below are the eligibility requirements for securing a student loan from Axis Bank.
Great plans start with well-calculated decisions
Education Loan EMI Calculator
In a knowledge economy that we live in today, education plays a pivotal role. With an Education Loan, you can make your dreams come true. Students can directly apply for an Education Loan. But before you apply for an Education Loan, as a prudent loan planning exercise, assess how much the Equated Monthly Instalment will be. Axis Bank's Education Loan EMI calculator is an automated tool that will quickly let you know your EMI.
Total Amount Payable
₹ 1,37,621
Tax benefit calculator
Education Loan from Axis Bank helps you to finance higher education and save tax too. The interest paid on Education Loan availed can be considered as a deduction from the total income U/S 80(E).The Tax Benefit Calculator given below is an illustration on the Tax Benefit U/S 80(E).
Effective ROI
7.18 %
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