Form A2 signed by the applicant or co-applicants in case of overseas instituteįor subsequent disbursements as well, many of the aforementioned documents will be needed, particularly the demand letter from the college or university, DRF, receipt of margin money paid, and one any from the exam.Documents for collateral security ( if applicable).Receipts of Margin Money paid to the college/university along with bank statement reflecting the transaction.Form A2 signed (for the purchase of foreign exchange) by applicant or co-applicants in case abroad Institute cases.Sanction Letter signed by the applicant, co-applicants.A signed copy of Loan Agreement (which includes Demand Promissory Note, DP Note Delivery-cum-Waiver Letter, Standing Instruction Request, PDC (Post-dated Cheque).Disbursement Request Form (DRF) signed by the applicant, co-applicants.Demand Letter from college or university.The documents required for the first disbursement are: Tort, misrepresentation or otherwise arising from the use of these tools/ information contained / data generated herein. To user/ any third party, for any direct, indirect, incidental, special or consequential loss or damages (including, without limitation for loss of profit, business opportunity or loss of goodwill) whatsoever, whether in contract, Neither Axis Bank nor any of its agents or licensors or group companies shall be liable NoĬlaim (whether in contract, tort (including negligence) or otherwise) shall arise out of or in connection with the services against Axis Bank.
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Axis Bank does not undertake any liability or responsibility to update any data. Other professionals) prior to taking of any decision, acting or omitting to act, on the basis of the information contained / data generated herein. User should exercise due care and caution (including if necessary, obtaining of advise of tax/ legal/ accounting/ financial/ The use of any information set out is entirely at the User's own risk. Herein or on its completeness / accuracy. Students can directly apply for an education loan. However, their parent(s) or guardian will be treated as co-applicants, and their role willīe akin to a primary debtor (a person who owes money).īut before you apply for an education loan, as a prudent loan planning exercise, assess how much the Equated Monthly Instalment (EMI) will be.Īxis Bank’s Education Loan EMI calculator is an automated tool that will quickly let you know your EMI.Īxis Bank does not guarantee accuracy, completeness or correct sequence of any the details provided therein and therefore no reliance should be placed by the user for any purpose whatsoever on the information contained / data generated The loan covers tuition fees, examination fees, library subscription, cost of books, needed lab tools/equipment, laptop/computer, hostel charges (if any), and so on. either at a graduate or post-graduate level in prime institutes in India and abroad. The loan is available for career-oriented courses like medicine, engineering, management, etc. With an education loan, you can make your dreams come true. Education empowers us to reach new heights in our career, enables to live a respectable life, elevates our standard of living, aids accomplish financial goals,Įducation is a long-term personal investment that has the potential to generate returns like none other. In a knowledge economy that we live in today, education plays a pivotal role. Pradhan Mantri Jeevan Jyoti Bima Yojana.Commercial Vehicle & Construction Equipment Loan.
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