#1
27th May 2018, 05:06 PM
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Is there any prepayment fine available under Axis Bank Education Loan scheme?
Respected Sir/Madam, I am going to apply an education loan in Axis Bank. But before that I want to know that is there any prepayment fine available in an educational loan scheme of this bank? If yes, then please let me know.
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#2
29th May 2018, 10:17 AM
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No, there are no prepayment charges/ fine imposed under Axis Bank Education Loan Scheme. The minimum amount of loan offered under Axis Bank is Rs. 50000/- and the maximum amount of loan offered is Rs. 75 lakhs subject to eligibility and cost, for case-to-case approval.
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#3
29th May 2018, 10:12 PM
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There are no prepayment charges under Axis Bank Education Loan Scheme. You can prepay the education loan amount without any fine/ charges under Axis Bank Education Loan Scheme. To be eligible to apply for an education loan in Axis Bank, you should have secured admission in any course in a recognised college/ university.
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