Education and Career Forum

Respected Sir/Madam, I am interested to study BCA by taking an education loan from Axis Bank. I don’t know how they calculate the interest rates. So, I just want to know about the calculation of education loan. Please tell me asap.

Interest rates of an education loan in Axis Bank for BCA aspirant are mentioned below:-

—> For loans up to Rs. 4 lakhs:- 15.2%
—> For loans above Ra. 4 lakhs and up to Rs. 7.5 lakhs:- 14.7%
—> For loans above Rs. 7.5 lakhs:- 13.7%

Interest rates calculation of Education Loan in Axis Bank:

Loan amount up to 4 Lakhs: 15.2%

Loan amount above Rs. 4 Lakhs and up to Rs. 7.5 Lakhs: 14.7%

Loan amount 7.5 Lakhs: 13.7%

For more details visit;
https://www.axisbank.com/retail/loan...harges#menuTab