#1  
27th May 2018, 04:06 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.




  #2  
29th May 2018, 09:17 AM
Career Expert
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Join Date: Feb 2016
Posts: 4,375
Default Re: Is there any prepayment fine available under Axis Bank Education Loan scheme?

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.
  #3  
29th May 2018, 09:12 PM
Saikiranreddy47475
Senior Member+++++
 
Join Date: Jul 2013
Posts: 14,288
Default Re: Is there any prepayment fine available under Axis Bank Education Loan scheme?

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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