TATA CAPITAL
Check Eligibility, Get Instant Approval in 2 minutes and Disbursal in 3 Hrs*
10.99% - 29.00%
Upto 3.00%
Upto Rs.35L
Upto 6 Years
Apply Online for Axis Bank Personal Loan
Apply online for an Axis Bank and experience quick, hassle-free approval with minimal documentation. Axis Bank is designed to meet your financial needs, whether for home renovation, medical expenses, travel, or debt consolidation.
- Interest Rate 10.49% onwards
- Maximum Loan ₹ 15 Lacs
- Processing Fees 1.5% - 2%
- Maximum Loan Tenure 1 to 5 years
1+ Million
Happy Customers
Rs. 250+ crore
Monthly Personal Loans Disbursal
Wide Range of 60+
Partner Banks & NBFCs
Support team 700+
Team Size of Experts
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 21 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 lacs loan cap.
An Indian citizen is required.
A high CIBIL score
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.
Fees and Charges of Axis Bank Personal Loan:
| Interest Rate | 10.49% |
|---|---|
| Processing Fee | 1.50% - 2.00% |
| Cheque Bounce | ₹500 per cheque bounce + Service Tax as applicable |
| Cheque/ Instrument Swap | ₹500 per instance + Service Tax as applicable |
| Prepayment/ Foreclosure | Nil |
| 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 Duty | As per State Stamp Act |
| Issuance of Photocopy of Loan Agreement/ Documents | ₹250 per instance + Service Tax as applicable |
Axis Bank Personal Loan: Low interest rates, minimal paperwork, and quick loan approval are some of the key features of the Axis Bank Personal Loan. The lender provides a bigger loan amount and flexible tenure options, making it easier for borrowers to repay their loans. With affordable interest rates and simple repayment alternatives, you can reduce your EMI load and enjoy a smoother loan process.
Features of Axis Bank Personal Loan:
- Cheap interest rates
- A variety of payment options, including RTGS, NEFT, and ECS
- Minimal paperwork
- Effortless application process
- Special offers for customers transferring loans from other banks to Axis Bank to lower their EMIs
- Option to schedule EMI payments and achieve comfortable repayment using an EMI calculator
- Reward points advantages
- Earn eDGE loyalty reward points for transactions, redeemable for over 500 gifts
- Earn 150 points for spending up to INR 3,00,000
- Earn 300 points for spending between INR 3,00,000 and INR 5,00,000
- Earn 450 points for payments exceeding INR 5,00,000
Frequently Asked Questions (FAQ):
- What are the limits on my loan?
Ans: Your income and ability to repay a personal loan will determine the maximum loan amount. Axis Bank offers personal loans ranging from INR 60,000 to INR 15,00,000. - Do I need to provide any kind of security?
Ans: No, security is not required for an Axis Bank personal loan. - What is the frequency of payments?
Ans: The EMI is the 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 choose.
1+ Million
Happy Customers
Rs. 250+ crore
Monthly Personal Loans Disbursal
Wide Range of 60+
Partner Banks & NBFCs
Support team 500+
Team Size of Experts
Axis Bank Personal Loan EMI Calculator
Amount
Tenure
% Interest
Principal
Interest
Total Payable
