Education and Career Forum

I am interested to study BDS with the help of education loan. I have heard about the Axis Bank Educational Loan Scheme. Can anyone of you provide me the details of this particular educational loan scheme?

Originally Posted by Unregistered

I am interested to study BDS with the help of education loan. I have heard about the Axis Bank Educational Loan Scheme. Can anyone of you provide me the details of this particular educational loan scheme?

Axis Bank provides Education Loans for students to study in India and abroad. You can get a loan starting from Rs.50000 up to Rs.75 Lakhs at different interest rates.

Eligibility:

- Should be a citizen of India.
- Secured at least 50% marks in Class 10th and 12th.

Required Documents:

• Proof of Identity
• Proof of Residence
• Pay slip / Documents displaying regular income of Parent/Guardian
• Bank Statement / Pass Book of last 6 months
• Optional – Guarantor Form
• Copy of admission letter of the college along with fees schedule
• Mark sheets / passing certificates of Class 10th and 12th.

Loan Amount Rate of Interest (%) Upto 4 Lakhs 15.2 4 Lakhs to 7.5 Lakhs 14.7 Greater than 7.5 Lakhs 13.7

Marginal Cost Based Lending Rate (MCLR) is 8.8%
Education Loan charges:
There won’t be any charges for loan up to Rs.10 Lakhs and above Rs.10 Lakhs, Rs.5000 + GST will be charged.


Visit this websitehttps://www.axisbank.com/retail/loan...harges#menuTab for more details.