Education and Career Forum

Hi Friends,
I want to apply an Education Loan from Axis Bank. Kindly tell me how much time will it take to process the application of Education Loan of this bank?

Originally Posted by Unregistered

Hi Friends,
I want to apply an Education Loan from Axis Bank. Kindly tell me how much time will it take to process the application of Education Loan of this bank?

Axis Bank will convey its decision within 15 working days from the date of receipt of the application provided the application is complete in all aspects.
The counting of 15 days start from the day on which all the documents are submitted to the bank.
The aspirant can find the details in the Axis Bank website Official Website

Now, loan processing is very fast. Even pre-approval of loan have come up. The time taken to process a loan application, however, depends on you as well. Same is the case in Axis Bank. If you comply with all the terms and conditions, complete all formalities as per instructions from the bank, provide all requisite documents and there is positive response from bank regarding your loan request, then you can get the loan sanctioned within a week. The exact time depends on the branch manager of the concerned bank and the strength of your loan application which makes the eager to offer you loan with hope of its good recovery. Usually, it should not take more than two weeks for loan processing and sanction.