#1  
28th July 2018, 02:10 PM
Unregistered
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Can I avail a bike under Axis Bank Education Loan Scheme?


I want to apply an education loan from Axis Bank. I want to do BTech and the college is very far from my home so I need a bike. I don’t have a laptop so I can get a laptop under the education loan scheme of this bank?





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  #2  
1st August 2018, 12:22 AM
Angry Girl
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Join Date: Jun 2017
Posts: 6,224
Default Re: Can I avail a bike under Axis Bank Education Loan Scheme?

You can not avail loan for a bike under Education loan of any bank.

Amount of loan is sanctioned for only academic purpose like study materials, accomodation, laptops etc.
  #3  
1st August 2018, 02:13 PM
ppsahu
Senior Member+++++
 
Join Date: Apr 2018
Posts: 12,628
Default Re: Can I avail a bike under Axis Bank Education Loan Scheme?

No, you can not avail a bike under Axis Bank Education Loan Scheme. Axis bank gives education loan up to 85% of the total cost, which includes tuition fees, living hostel/accommodation costs, traveling cost and other expenses (stationary, laptop) related to student’s education.*
  #4  
2nd August 2018, 04:44 PM
Narendra2121
Senior Member
 
Join Date: Jul 2018
Location: Hyderabad
Posts: 375
Default Re: Can I avail a bike under Axis Bank Education Loan Scheme?

No you can not avail bike under education loan.education loan is only for academic expenditures and accomodation of the students who doesn't have enough financial support for for studies.
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