Loan Advisor 
8130-222-111
| Rate Fee & Other Charges | ||||
|---|---|---|---|---|
| ROI | Processing Fee | Charges | Other Features (USP) | |
| Super Cat A & Cat A | 11.49%* | For Axis A/C holders=0.75%* For Non Axis Salary A/C =1.25% * | Pre Closure Charges-NIL; Part payment- Permitted 12 Times Per Year | Credit card outstanding in Personal Loan Eligibility Calculation |
| Category B | 11.75%* | For Axis A/C holders=0.75%* For Non Axis Salary A/C =1.25% * | Pre Closure Charges-NIL; Part payment- Permitted 12 Times Per Year | Less than 6 EMI`S Due - Ignored in Eligibility |
| Government & Cat C | 11.99%* | For Axis A/C holders=0.75%* For Non Axis Salary A/C =1.25% * | Pre Closure Charges-NIL; Part payment- Permitted 12 Times Per Year | Blue collar employee Loan Permitted - only Salary Axis Bank Holders |
* Terms and Conditions Apply
Note:- Above offer is applicbale only for fresh loan
Customer with Cibil score less thn 720 or 0/-1 will be charge as additional 1% ROI
Company category depend on Bank internal listing
Axis Bank is the third largest private sector bank in India. The Bank offers the entire spectrum of financial services to customer segments covering Large and Mid-Corporates, MSME, Agriculture and Retail Businesses. Axis Bank is one of the first new generation private sector banks to have begun operations in 1994. The Bank was promoted in 1993, jointly by Specified Undertaking of Unit Trust of India (SUUTI) (then known as Unit Trust of India), Life Insurance Corporation of India (LIC), General Insurance Corporation of India (GIC), National Insurance Company Ltd., The New India Assurance Company Ltd., The Oriental Insurance Company Ltd. and United India Insurance Company Ltd. The share holding of Unit Trust of India was subsequently transferred to SUUTI, an entity established in 2003.
Read more +In Axis Bank Personal Loan process is easy and simplified. There are no extraordinary documents required for application and the list of documents required at the time of application and also post sanction of the Axis Bank Personal Loan is easily available for customers. Axis Bank Personal Loans are available in the range of Rs.100000 to Rs.40 lakhs. So individuals can avail a Personal Loan for any amounts from Rs.100000/-up to a maximum limit of Rs.40 lakhs. Unlike many other banks, Axis Bank makes sure that Personal Loan facilitation and approval process for each applicant is fast tracked without any unnecessary delays. Quick Form for Personal Loan in Delhi NCR Click here
Read more +Post-sanction / Pre-Disbursement Documentation
The bank requires other documents after sanctioning the loan and before disbursing the amount. The documents are as follows:
Axis Bank Personal Loan Interest Rate, fees and Other Charges
| Lowest Interest Rate | 11.49% |
| Processing Fee | 0.75% - 2.5% + GST (As applicable) |
| Loan Tenure | 12 Months to 60 Months |
| Loan Amount | Rs 1 Lakh to Rs 40 Lakhs |
| Part PrePayment Charges | Allowed after 1 EMI’s, Nil Charges |
| Preclosure Charges | ]Allowed after 1 EMI’s, Nil Charges |
| Guarantor Requirement | No guarantor required |
Other fees and Charges In Axis Bank Personal Loan
| Loan Processing Charges | 1.25% to 2.00% + GST as applicable |
| Cheque Bounce Charges | Rs. 500 per cheque bounce + GST as applicable |
| Cheque/ Instrument Swap charges | Rs.500 per instance + GST as applicable |
| Prepayment/ Foreclosure Charges | Nil |
| Default Interest Rate | @24.00% per annum i.e 2% per month on the overdue installment |
| Duplicate Statement Issuance Charges | Rs 250 per instance + Service Tax as applicable |
| Duplicate Amortization Schedule Charges | Rs 250 per instance + Service Tax as applicable |
| Duplicate Interest Certificate (Provisional/ Actual) issuance Charges | Rs 250 per instance + GST as applicable |
| Stamp Duty Charges | Rs. 50/- per instance per set+ GST as applicable |
| Issuance Charges for Photocopy of Loan Agreement/ Documents | Rs 250 per instance + GST as applicable |
With EMI calculator,you can calculate your monthly EMI or Equated Monthly Instalments that you’ll be liable to pay for your loan. Before you get a loan, you can calculate the EMI using the loan amount, interest rate and loan tenure, and it’ll show you precisely how much monthly payment you’ll be paying. Personal Loan, certainly, helps you to accomplish all your needs but always act smart, when it comes to applying and check all the aspects, including EMI.
Emi calculator allows you to do multiple other things. You can also use EMI Calculator to calculate EMIs for Home loan & Car loan . Your EMIs stay fixed for the full tenure of your loan. But, the components of your EMI, principal repayment & Interest payments, change with the tenure of your loan. But, the components of your EMI, principal repayment & Interest payments, change with the tenure.
Q. Is there any charges or fee payable for availing Axis Bank Personal Loans?
Ans: No upfront processing fee charge to apply Personal Loan , at the time of Disbursement bank will deduct process fee from the loan amount with GST , Processing fee range from 0.75% of the loan amount to 2.50% of the loan amount.
Q. What is the period of repayment granted by the bank for Axis Bank Personal Loans?
Ans: Axis Bank offer a tenure ranging from 1 year to 5 years. It will effect your loan eligibility,
Q. Is Part Payment allowed in Axis Bank?
Ans: Yes part payment is allowed in Axis Bank , you can make 12 time part payment in 1 financial year.
Q: Why to take personal loan from Axis Bank?
Ans: Axis Bank offers Personal Loan from at 11.49% Rate, Pre-closure charges are NIL, Part payment facility also available.
Q: How much interest is charged by Axis Bank on personal loan?
Ans: Personal loan interest rates from Axis Bank are 11.49% to 22.50%.
Q: What is the lowest EMI per lakh on personal loan from Axis Bank?
Ans: If you apply for loan from Axis Bank your lowest EMI per lakh will be Rs. 2,187.
Q: What is the minimum and maximum tenure of Axis Bank Personal Loan?
Ans: You can repay your Axis Bank Personal Loan n a flexible period of minimum 12 months to maximum 60 months.
Q: How much Personal Loan amount I can borrow from Axis Bank?
Ans: Axis Bank offers you loan if you need a minimum amount of Rs. 100000 to a maximum amount of 40,00,000.
Q: How much processing fee is charged by Axis Bank on personal loan?
Ans: Axis Bank charges a processing fee of 0.75% to 2.50% with applicable GST
Q: Is age an eligibility factor to get Personal Loan from Axis Bank?
Ans: Yes, age is an important eligibility factor to get Axis Bank Personal Loan It should be at least 23 years old at loan approval time and 60 years old at loan maturity time.
Q: Are there any prepayment charges on personal loan from Axis Bank?
Ans: You can take personal loan from Axis Bank with NIL Prepayment charges
Q: Can I add my spouse's income while applying for personal loan from Axis Bank?
Ans: You cannot combine your income with the income of your spouse to increase your loan eligibility and to get higher loan amount.
Post-sanction / Pre-Disbursement Documentation
The bank requires other documents after sanctioning the loan and before disbursing the amount. The documents are as follows:
