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Axis Bank Education Loan for Study Abroad: Rates & Eligibility | EasyShiksha
UniCredsEasyShiksha × UniCreds education loans

Axis Bank education loan

Axis Bank offers the highest secured limit among UniCreds’ bank partners, with quick processing for courses and universities on its approved lists. Apply free through EasyShiksha and a UniCreds expert does the legwork.

Axis Bank logoUniCreds lending partner
  • From 9.5% p.a.*
  • Up to ₹3 crore secured*
  • Up to ₹75 lakh without collateral*
  • Private bank

20,000+ students have funded their studies with UniCreds

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Axis Bank education loan at a glance

Axis Bank offers the highest secured limit among UniCreds’ bank partners, with quick processing for courses and universities on its approved lists.

Lender type
Private bank
Interest rate*
9.5% – 10% p.a.
Loan with collateral
₹3 crore
Loan without collateral
₹75 lakh
Processing fee
0.5% – 1% + GST
Margin money
Nil
Repayment tenure
Up to 15 years
Moratorium
6 – 12 months after the course
Prepayment charges
Nil
Countries
USA, Canada, UK, Ireland, New Zealand, Australia, Germany and more
Apply through
EasyShiksha × UniCreds (free)
Typical decision
After document check by the lender

Highlights, eligibility and documents

Highlights

  • Secured loans up to ₹3 crore, collateral-free up to ₹75 lakh
  • Tuition paid to the university; living costs to your account
  • Processing in about 5 – 7 days after documents are in
  • No prepayment charges
  • Tax benefit on interest under Section 80E

Who can apply

  • Indian citizen
  • Usually 50%+ in Class 12 and graduation
  • Course and university on Axis Bank’s approved lists
  • Co-applicant (usually a parent) with stable income and a credit score above 700

Documents

Student

  • Passport, PAN and Aadhaar
  • Address proof
  • Admission or offer letter
  • Mark sheets and transcripts
  • Test scores (GRE, GMAT, IELTS, TOEFL)

Co-applicant

  • PAN and Aadhaar
  • Salary slips or ITRs (2 – 3 years)
  • Bank statements (6 months)
  • Business proof if self-employed

Other

  • University cost-of-attendance statement
  • Scholarship letters, if any
  • Property or FD papers for secured loans

Form to funding in 5 steps

100% digital, with a real person helping you the whole way.

  1. Share your plans

    Where, what and when you want to study, and how much you need.

  2. Chat with an expert

    A UniCreds specialist calls and explains your options.

  3. Upload documents

    All online from home. No branch visits.

  4. Get the best rate

    Your expert negotiates with lenders for you.

  5. Get sanctioned

    Sanction letter in as little as 48 hours*.

Axis Bank vs other lenders

Not sure this is the right lender? Compare starting rates and limits, or let your expert shortlist for you.

Lender Type Interest (p.a.)* With collateral Without collateral Processing fee
ICICI Bank ICICI Bank Private bank From 10% ₹2 crore ₹1 crore 0.5% – 1% + GST
Axis Bank Axis Bank Private bank From 9.5% ₹3 crore ₹75 lakh 0.5% – 1% + GST
IDFC FIRST Bank IDFC FIRST Bank Private bank From 9% ₹2 crore ₹75 lakh 0.5% – 1%
YES Bank YES Bank Private bank From 11% ₹2 crore ₹50 lakh 0.5% – 1%
Union Bank of India Union Bank of India Public sector bank From 9.30% ₹75 lakh ₹40 lakh (listed universities only) ₹5,000, refundable
Punjab National Bank Punjab National Bank Public sector bank From 9.25% ₹2 crore ₹8 lakh From 0.5%
Credila Credila NBFC From 9.95% No upper limit ₹75 lakh 0.85% – 1% of the loan
Avanse Avanse NBFC From 10.75% ₹2 crore ₹1 crore 0.5% – 1% + GST
Avanse Global Avanse Global NBFC From 10% Not offered Based on your profile From 3.99%
InCred InCred NBFC From 11.4% ₹2 crore ₹75 lakh From 1%
Auxilo Auxilo NBFC From 11.25% ₹2 crore ₹80 lakh From 0.5%
Tata Capital Tata Capital NBFC From 11% ₹2 crore ₹75 lakh 0.5% – 1%
Poonawalla Fincorp Poonawalla Fincorp NBFC From 10% ₹3 crore ₹1 crore From 0.75%
Edgro Edgro NBFC From 11.5% Not offered ₹1 crore From 1%
FinZ FinZ NBFC From 10.75% Not offered ₹75 lakh 0.75% – 1.25%
Prodigy Finance Prodigy Finance International lender Variable Not required Based on your course and school From 5%
MPOWER Financing MPOWER Financing International lender From 12.99% Not offered Up to ₹95 lakh Ask your loan expert

*As published by UniCreds, Oct 2026. Final terms depend on your profile and the lender’s assessment.

Axis Bank education loan FAQs

What is the Axis Bank education loan interest rate?

9.5% – 10% p.a.*. Your final rate depends on your profile, co-applicant, course and university.

How much can I borrow from Axis Bank without collateral?

₹75 lakh*, depending on your profile. With collateral: ₹3 crore.

What is the moratorium on a Axis Bank education loan?

6 – 12 months after the course. Repayment tenure: up to 15 years.

What is the Axis Bank processing fee?

0.5% – 1% + GST*. Margin money: nil.

How do I apply for a Axis Bank education loan through EasyShiksha?

Fill in the free form on this page. A UniCreds loan expert checks your eligibility with Axis Bank and other lenders, helps with documents and negotiates the offer for you.

Loans for every course

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*Interest rates, sanction times, savings, loan amounts, fees and other terms are indicative, as published by UniCreds, and depend on the lender and on the student’s and co-applicant’s profile, course and country. Education loans are provided by banks and NBFCs through UniCreds Private Limited. EasyShiksha (EdSpectra Global Private Limited) refers students to UniCreds and does not lend money or guarantee any loan. Lender names and logos belong to their owners. Cost figures are approximate.

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