Axis Bank offers education loans for both India and abroad. While their interest rates are higher than PSBs, they offer quicker processing and accept a wider college list than SBI.
Key Features at a Glance
Interest Rate
13.70%–15.20%
Max Loan
₹2 Crore+
Tenure
Up to 15 years
- Fast processing — 5–7 working days
- Wide college acceptance
- Pre-visa disbursement for abroad loans
- Floating rate — benefits from RBI rate cuts
- Digital loan application available
Documents Required
- Admission letter from university/college
- Academic marksheets (10th, 12th, graduation)
- Co-applicant KYC: Aadhaar, PAN, Passport
- Income proof: Salary slips (3 months) / ITR (2 years)
- Bank statements (6 months)
- Fee structure / cost of education certificate
- Collateral documents if applicable
Why Apply Through Study LEAP?
As an authorised DSA partner, Study LEAP can:
• Submit your application with priority processing
• Negotiate your interest rate (we have volume relationships)
• Ensure zero document rejection by pre-checking your file
• Get you a decision in 3–5 working days vs 2–4 weeks directly
Our service is 100% free — lenders pay us, not you.