Axis Bank Personal Loan

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 Fincrif.com .

  • 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.

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

  ANS. Security is not required.

  3.  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