Axis Bank
Axis Bank Education Loan
Rate from7.45%
Max amount₹75 L
EMI/L · 7y₹1,531
Disbursal10-15 business days
- Covers niche and unconventional courses
- Gap-year funding
CIBIL: 0+ · Student
OTP-verified soft check · won’t affect your credit score · DPDP-consented
Move the sliders to see monthly EMI, total interest, and total cost of this loan.
Your actual rate depends on your credit profile, income, and employer category.
Monthly EMI
Total interest
Total payment
Total cost of this loan
✨ interest + processing fee
✓ Best for
Students confirmed at top-200 QS-ranked overseas universities — Global Ed-Vantage covers up to ₹1.5 Cr with collateral; girl-child concession + Rin Raksha discount can drop effective rate to ~9.65%.
⚠ Not ideal for
Vocational / non-degree programs — SBI requires accredited course in approved institutions.
For a ₹10 L loan over 7 yrs at 8.15% — your best-case scenario.
You repay ₹13,15,528 for ₹10,00,000 borrowed.
Customize amount, tenure & rate in the EMI calculator above ↑
This is a floating-rate loan. No prepayment penalty — you can foreclose or pre-pay any amount at any time, free of charge (RBI mandate for floating-rate individual loans).
India’s largest public-sector bank. EBLR 7.90% (repo 5.25 + 2.65 spread) effective 01-Apr-2026; home loans from 7.50%, Xpress Credit personal from 11.45%, auto from 8.70%.
Visit State Bank of India websiteSee how State Bank of Indiacompares on rate, fees & eligibility.
Axis Bank
CIBIL: 0+ · Student
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CIBIL: 700+ · Student
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CIBIL: 700+ · Student
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CIBIL: 0+ · Student
Cover the education loan
Term life insurance ensures the education loan never becomes a burden on your family — pick a sum assured covering the loan plus living expenses.
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