Axis Bank Personal Loan

With affordable interest rates, Axis Bank offers personal loans. Additionally, Axis Bank provides paperless digital loan processing along with online, quick personal loan. Axis Bank with interest rates starting at 10.49% onwards. A maximum loan from Rs.50,000 to 15 Lakhs with a maximum 1 to 5 year repayment period is available to you.

Interest Rate 10.49% onwards
Maximum Loan Rs.50,000 to 15 Lakhs
Processing Fees 2%
Maximum Loan Tenure 1 to 5 year

Loan Disbursal in 3 hrs*
100% Online Process

A Four-Step Guide to Efficient Financing

Complete Your Basic Details
Check Your Soft Eligibilty
Complete Your Details
Get Disbursal in account

Axis Bank Personal Loan EMI Calculator



% Interest



Total Payable

Documents required for Axis Bank personal loan 

You should have a complete set of documentation on hand before Axis Bank personal loans  apply for this credit facility to ensure a smooth financing process. Axis Bank has the right to refuse any loan application, regardless of whether the applicant is salaried or self-employed, if necessary documentation is missing.

  • With recent images and a signed loan application

  • Age Proof: Copy of passport, PAN card, voter ID card, photo driver's license with birth date (laminated, current, readable), photo ration card with DOB, employer certificate, ID, school or college diploma

  • Identity Documents: Passport, PAN Card, Voter ID Card, and Driver's License

  • address identification documents such as a driver's license, voter identification card, passport, phone bill, electricity bill, and life insurance policy

  • Income documentation includes a bank statement from the previous six months, an ITR, or a Form 16.

  • Driving Licence, Passport Copy, or PAN Card as Signature Verification Proof

  • formally signed loan contract

  • Post-dated checks (PDCs), security checks, and an ECS form are all necessary for standing instructions (SI) and ECS.

Low interest rates, less paperwork, and quick loan approval are all features of the Axis Bank Personal Loan. A bigger loan amount and flexible tenure options are also provided by the lender, making it easier for borrowers to repay their loans. Your EMI load will also decrease, and the process of getting a loan will go much more smoothly, thanks to the affordable Axis Bank personal loan interest rates and simple repayment alternatives available. 


Feature of Axis Bank personal loan 

Following are the features of Axis Bank instant personal loan 

  • Cheap interest rates

  • A number of payment options, including RTGS, NEFT, and ECS.

  • Little paperwork

  • Effortless application process

  • Customers who already have personal loans with other banks but want to transfer them to Axis Bank to lower their EMIs may qualify for special offers.

  • You can schedule your EMI payments and accomplish comfortable repayment with the use of an EMI calculator.

  • Advantages of reward points

  • Your transactions will earn you eDGE loyalty reward points that you may exchange for more than 500 gifts.

  • If your outlay is less than or equivalent to INR 3,00,000, you will receive 150 points.

  • Earn 300 points for payments made that total between INR 3,00,000 and INR 5,000,000.

  • Earn 450 points for payments over INR 5,000.

    Process for applying Axis Bank personal loan 

    Here are the steps that you have to follow for Axis Bank loan apply : 

    • Visit the official website .

    • Firstly , login with your name and number .

    • Then fulfill your employment type.

    • Verify OTP.

    • Upload all the documents and submit .

    • Last , you will get a call from the Fincrif team and help you to proceed next.

    Frequently Asked Questions ( FAQ ) 

    1. What are the limits on my loan?

    ANS .Your income and ability to repay a personal loan will determine its maximum amount. Axis Bank often offers personal loans ranging from 60,000 to 15,000 Indian rupees.

    1. Do I need to provide any kind of security?

    ANS. Security is not required.

    1.  What is the frequency of payments?

    ANS . The EMI is the bare minimum monthly payment that you are required to make. There is no prepayment penalty and you are free to pay more than the EMI if you so choose.

Eligibility Criteria for Axis Bank personal loan 

Salaried physicians, employees of public and private limited firms, and those working for central and municipal governments can all apply for personal loans from Axis Bank. Knowing your Axis Bank personal loan eligibility is crucial before you apply for one.

  • At the time they apply for the loan, applicants must be at least 23 years old.

  • The applicant's age can't exceed 60.

  • A minimum net monthly income of INR 15,000 is required.

  • There is a 15 lakh rupee loan cap.

  • An Indian citizen is required.

  • A high CIBIL score

Fees and Charges of Axis Bank Personal Loan 

Interest Rate12% - 21%
Processing Fee1.50% - 2.00% + Service Tax as applicable
Cheque Bounce₹500 per cheque bounce + Service Tax as applicable
Cheque/ Instrument Swap₹500 per instance + Service Tax as applicable
Prepayment/ ForclosureNil
Interest Rate on Default Payment@24.00% per annum i.e 2% per month on the overdue installment
Duplicate Statement Issuance₹250 per instance + Service Tax as applicable
Duplicate Amortization Schedule₹250 per instance + Service Tax as applicable
Duplicate Interest Certificate (Provisional/ Actual) Issuance₹250 per instance + Service Tax as applicable
Cibil Report Issuance Charges₹50/- per instance per set+ service tax as applicable
Stamp DutyAs per State Stamp Act
Issuance of Photocopy of Loan Agreement/ Documents₹250 per instance + Service Tax as applicable


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