AXIS

What you'll love

• Flexible maturity terms
• Exclusive offers to borrowers who have current personal loans with other banks who wish to minimize their EMIs by moving the loan to Axis Bank.
• Various payment platforms, including RTGS, NEFT, and ECS

Fees & Charges

• Lowest EMI of ₹ 4,442 per 50 Thousand.
• Processing Fees: 1% per Lakh
• Part Payment Fees - Part repayment of Axis Bank’s personal loan is permitted after 1 Month at Nil charges
• Prepayment Fees – Part prepayment charges are to be paid in case you wish to repay your entire loan amount before the end of the term. Axis bank allows the pre-closure of personal loans after 1 EMI to Nil pre-closure charges.
• Processing Charge – Axis Bank charges a processing charge of up to 1.75 percent of the amount of the loan with the applicable tax. For most banks, transaction costs are non-refundable.

Eligibility Criteria

• Loan opens to all salaried and self-employed workers.
• Lenders in age groups of 21 and 60 years of age.
• Loans amount from a minimum of ₹ 50,000 to ₹ 25 Lakh.
• Loan duration from 12 months to 60 months.

Documents

Taking a personal loan from Axis Bank comprises of simple and minimal paperwork. Additionally, applying for a loan online can help you get instant loan approval. Limited documentation and trouble-free approval process

Perks

• Flexible maturity terms
• Exclusive offers to borrowers who have current personal loans with other banks who wish to minimize their EMIs by moving the loan to Axis Bank.
• Various payment platforms, including RTGS, NEFT, and ECS
• Limited documentation and trouble-free approval process

Features of Axis Bank Personal Loan

• Axis Bank provides personalized personal loan interest rates and schemes for different groups of lenders, including lenders working in respectable businesses, banks or government employees, etc. Some of Axis Bank’s special personal loan schemes are:
• Loan for Meeting Specific Requirements
• Loan for Employees
• Personal Loan for Home improvement
• Sarvottam Offer

Axis Bank Personal Loan Details

Personal loans in Axis Bank are offered at an attractive interest rate with a loan tenure ranging between 12 months to 60 months. The loan can be paid back in easy instalments and you can select an EMI plan which best suits your current financial position.

In order to repossess your personal loan from Axis Bank, you will have to request a repossession statement from the bank. To do so, you will visit the bank’s nearest loan center and apply your mortgage request in which the bank must process your request.

Fees and Charges

• Loans amount from a minimum of ₹ 50,000 to ₹ 25 Lakh.
• Loan duration from 12 months to 60 months.
• Rate of interest of Axis Bank personal loan is in the range of 10.99% to 19.00%.
• Lowest EMI of ₹ 2,174 per lakh.
• Processing Fees: 1.00%.
• Pre-closure charges: Pre-closure of Axis Bank personal loan is Allowed with Nil charges
• Part-payment charges: Not allowed for a personal loan
• Late EMI payment charges:   loan cancellation charges are been disclosed by the bank during the signing of loan agreement.

Eligibility Criteria

• Axis Bank Personal loans are accessible for both, self-employed individuals and salaried working professionals. 
• The lowest personal loan amount is Rs. 50,000 and the highest is Rs. 25 lakh at Axis Bank.
• An unsecured personal loan from Axis Bank can be availed by you without any guarantor or security. 

Documents Required

Axis Bank Personal Loan FAQ

      How can I repay my loan?

You can repay your loan amount in Equated Monthly Instalments (EMIs). The loan repayments can be done via post-dated cheques, ECS, or via a standing instruction to debit the repayment amount from your Axis Bank account.

      When can I take a Axis Bank top up loan?

You can take a top up loan from Axis Bank when you opt for a balance transfer with Axis Bank.

      Can business owners take personal loans from Axis Bank?

Yes, Axis Bank offers personal loans to salaried individuals and Self-Employed. Applicants are required to be employed with a private, public sector, or government body at the time of taking the loan and also Business registration proof.

      What is the repayment tenure for personal loans issued by Axis Bank?

If you take a personal loan from Axis Bank, you will need to repay the due amount within 1 year to 5 years (12 to 60 months).

      How to check Axis Bank personal loan status?

You can check the status of your Axis Bank personal loan application by visiting the website of Axis Bank. 

      How to contact Axis Bank personal loan customer care?

Listed below numbers can be contacted for Axis Bank personal loan customer care executives 

You can call our customer care between 9 a.m. and 9 p.m. on all days including Sundays and bank holidays.