Hello, I’m an undergrad student looking to go to the US for my masters. I come from a middle class family and I am definitely going to need to take a loan. I was planning to go to Axis bank. What is their interest rate? What are the best ways to finance my stay and education?
- Surya Ganesh asked 1 year ago
Hello Surya!
The best way to finance your your stay and education, would be to take an education loan. Here is a link to an Axis bank page listing the various interest rate charges, etc.
I hope this is helpful to you.
- Shravya H.M. answered 1 year ago
Hi Surya
Loan Type | Loan Amount | Interest Rates |
Education Loan | Up to Rs.4 lakhs | Base Rate + 7% |
Loans from Rs.4 lakh up to Rs.7.5 lakhs | Base Rate + 8% | |
Loans greater than Rs.7.5 lakhs | Base Rate + 6% | |
Education Loan for Girl Student | Up to Rs.4 lakhs | Base Rate + 6.50% |
Loans from Rs.4 lakhs to Rs.7.5 lakhs | Base Rate + 7.50% | |
Loans greater than 7.5 lakhs | Base Rate + 5.50% |
All the best
- shresthi24 answered 1 year ago