Axis Bank Education Loan Disbursement Process

    Updated on: 04 Sep 2023 7 min read

    Congratulations! Your loan has been approved/sanctioned by Axis Bank. This would be of a great relief in relation to your abroad education loan process. But we would like to inform you that although the majority of the process has been completed yet there is still one more important step that you should know about which is the Axis bank education loan disbursement process. Having a piece of proper knowledge about the disbursement process would not only help you to overcome any difficulties during the process but would also help you in making some wise decisions that can help you in your loan repayment tenure. If you're interested in learning more about the Axis Bank education loan disbursement process, you've come to the right place. This blog will provide you with all the information you need to know.

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    Frequently Asked Questions

    What is the time period to get the disbursement from Axis Bank?

    The disbursement process is completed in 5 - 7 days once the document has been submitted. 

    What are the different expenses which are covered by Axis Bank?

    Studying abroad comes with a lot of financial baggage, but with an Axis education loan, you will not have to worry about this burden. The bank covers the majority of the expenses including - 

    • Tuition Fees 
    • Examination Fees 
    • Library Subscription 
    • Cost of Books 
    • Laptop/Equipment, if required.

    Which is better, one-time disbursement or multiple disbursements?

    As per our recommendation, we advise you to take multiple disbursements so that you do not end up taking money more than you required which leads to paying extra interest in the end.

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Written by Rohit Gidwani

Meet Rohit, an expert in the field of study abroad and Ed-tech with many years of professional experience in content creation and creative writing. Being a BBA graduate has helped him to pursue his professional duties strategically and with creativity.

Specializes in:
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Reviewed by Aman Jain

Aman Jain graduated from IIT Kanpur, and currently functions as the CMO at GyanDhan. He is deeply passionate about creating equality in higher education and has directly interacted with 2 Lakh students in his 8-year-long journey.

Specializes in:
Education loan , Study Abroad Admissions

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