Axis Bank Loan for Study Abroad: University List

Axis Bank is a leading private sector bank that is working in the domain of education loans, making access to higher education affordable. Being the third largest commercial bank in India, Axis Bank offers both secured and unsecured education loans to study in India and abroad. Axis Bank provides up to INR 1 crore of unsecured loans. They have divided the education loan into three categories:

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  Prime A: Axis Bank abroad education loan university list includes master's programs from top universities only.

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  Prime B: This list includes a few bachelor's programs along with master's programs.

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  Non-Prime: Those programs and universities that are not specified under the list of approved foreign universities for education loan by Axis Bank are included under this category. 

We will help you understand the eligibility criteria required to secure an education loan, which universities qualify for higher loan amounts, how to apply for an Axis Bank education loan, and more. 

Key Features of Axis Bank Education Loan for Abroad Studies

Axis Bank offers up to INR 1 crore of the loan amount to students who are willing to pursue higher education abroad. The private bank’s focus is to make higher education accessible for those students who lack funds. They aim to provide the student with a facility wherein they can concentrate on their studies without the burden of finance. The table given below will help you understand their loan offerings and how it will impact you if your selected university is among the top universities approved by Axis Bank.

Eligibility Criteria for Axis Bank Education Loan for Abroad

With the focus on making higher education affordable, the private bank ensures that aspiring students get the financial support they require to achieve their goals. Below are the eligibility criteria that you need to qualify for securing an Axis Bank education loan.

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  Both the student and co-applicant must be Indian citizens.
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  You must have secured a minimum of 60% in secondary education and graduation.
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  The co-applicant must have a minimum income of INR 35,000 without any financial obligations. 
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  3 years of ITR or 2 years of Form-16 of the co-applicant is required.
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  Your co-applicant should be your immediate family member. 
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  You must be enrolled in a master's program.
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  The co-applicant must have a minimum CIBL score of 650.
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  You must have proof of admission or an admission letter from a recognized university.
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  The university in which you are enrolled should fall under the list of approved colleges for Axis Bank education loans.

Understanding the Approved Colleges for Axis Bank Education Loan

Axis Bank maintains a list of approved colleges and universities to provide a smoother education loan process. This list comprises the top-ranking universities from across various countries. This ensures students have clarity on their loan options based on their chosen university and study destination. You can secure quicker loan approval with better terms if your selected university falls under their list. Axis Bank offers unsecured education loans of up to INR 1 crore and classifies applicants into three categories based on the university and program.

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  Prime A: This tier is reserved for students pursuing master’s degrees at top-ranked international universities listed by Axis Bank.

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  Prime B: Includes a broader range of programs, covering select bachelor’s and master’s courses at recognized institutions.

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  Non-Prime: Covers students applying to universities or programs not featured on Axis Bank’s approved list for foreign education loans.

List of Approved Foreign Universities for Education Loan by Axis Bank

The list of approved foreign universities for Axis Bank education loans comprises the top universities like MIT, Harvard University, University of Toronto, LSE, and Cambridge University.

Below is the list of universities categorized under Axis Bank’s Prime A and Prime B list, which are eligible for education loans with special benefits. Moreover, we have also provided a list of top universities from different countries where Axis Bank offers education loans.

Category: Prime A:

Category: Prime B:

Top Universities in the USA: