Axis Bank
Axis Bank is one of India’s largest private sector banks, offering a wide range of financial products and services for individuals, businesses, MSMEs, and corporates. Known for its strong digital banking platform, quick loan processing, and nationwide branch network, Axis Bank provides flexible financing solutions for various borrowing needs.
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Axis Bank Loan Interest Rates
| Loan Type | Interest Rate (p.a.) | Processing Fee | Loan Amount | Repayment Tenure |
|---|---|---|---|---|
| Home Loan | From 8.00% | Up to 1% of loan amount or ₹10,000 (whichever is higher) + GST | Up to 90% of property value | Up to 30 Years |
| Personal Loan | 9.90% – 21.50% | Up to 2% + GST | Up to ₹40 Lakhs | Up to 84 Months (7 Years) |
| Business Loan | Starting from 10.75% | Up to 2% + GST | Based on business eligibility | Up to 5 Years |
| Car Loan | Starting from 8.75% | As per bank policy | Based on vehicle value | Up to 7 Years |
| Loan Against Property | Starting from 9.00% | Up to 1% + GST | Up to 75% of property value | Up to 20 Years |
| Education Loan | Starting from 11.00% | As per bank policy | Based on course and eligibility | Up to 15 Years |
EMI Calculator – Calculate Your Monthly Loan EMI Instantly
Use the BorrowRight EMI Calculator to estimate your monthly EMI, total interest payable, and total repayment amount for Home Loans, Personal Loans, Car Loans, Business Loans, and Loan Against Property. Adjust the loan amount, interest rate, and tenure to find the repayment plan that fits your budget.
This layout is user-friendly, improves engagement, and can encourage more visitors to submit loan inquiries.
Eligibility Criteria
Salaried Applicants
- Age: 21–60 years
- Stable monthly income
- Good credit score (preferably 750+)
- Regular employment
Self-Employed Applicants
- Age: 21–65 years
- Stable business income
- Business continuity as per bank policy
- Good repayment history
Documents Required
Identity Proof
- Aadhaar Card
- PAN Card
- Passport
- Driving Licence
Address Proof
- Aadhaar Card
- Passport
- Utility Bill
Income Proof
For Salaried
- Last 3 Salary Slips
- Bank Statements (3–6 months)
- Form 16 (if applicable)
For Self-Employed
- Last 2–3 Years ITR
- GST Registration
- Financial Statements
- Bank Statements
Property Documents (For Home Loan/LAP)
- Sale Agreement
- Property Title Documents
- Approved Building Plan
- Encumbrance Certificate (if applicable)
Loan Charges
| Charge | Details |
|---|---|
| Processing Fee | Depends on the loan product. Home Loans: Up to 1% of the loan amount or ₹10,000 (whichever is higher) + GST. |
| Documentation Charges | Applicable for selected loan products. |
| Late Payment Charges | Charged on overdue EMIs as per the loan agreement. |
| Foreclosure/Prepayment Charges | Floating-rate home loans for individuals generally have no prepayment charges. Other loan products may have applicable charges. |
| EMI Bounce Charges | Applicable if an EMI payment fails due to insufficient funds. |
| Penal Interest | Charged on overdue loan amounts as per the loan agreement. |
| GST & Government Taxes | Applicable on processing fees and other service charges. |
Why Choose Axis Bank?
- ✔ Competitive interest rates
- ✔ Quick loan approvals
- ✔ Digital loan application
- ✔ Flexible EMI repayment options
- ✔ Minimal documentation
- ✔ Home Loan balance transfer facility
- ✔ Wide branch and ATM network
- ✔ Secure Internet & Mobile Banking
- ✔ Dedicated customer support