Axis Bank India - Personal Loans
Axis Bank offers a range of personal loans to suit your needs.
- Loan amounts from Rs. 50,000 to Rs. 15 lakhs
- Loan tenures from 12 to 60 months
- Interest rates starting from 10.50%
- No prepayment penalty
- Quick and easy application process
Eligibility Criteria
- Indian resident
- Aged between 21 and 60 years
- Salaried or self-employed
- Minimum monthly income of Rs. 15,000
- Good credit score
Documents Required
- Identity proof (PAN card, Aadhaar card, Voter ID card, etc.)
- Address proof (ration card, utility bill, etc.)
- Income proof (salary slip, bank statement, etc.)
- Employer's letter (for salaried individuals)
How to Apply
You can apply for an Axis Bank personal loan online or offline.
To apply online, visit the Axis Bank website and click on the 'Personal Loans' tab. You will be redirected to a page where you can fill out an application form. Once you have filled out the form, click on the 'Submit' button.
To apply offline, visit your nearest Axis Bank branch and ask for a personal loan application form. Fill out the form and submit it to the bank representative.
Processing Time
The processing time for an Axis Bank personal loan is typically 2-3 working days.
Interest Rates
The interest rates on Axis Bank personal loans start from 10.50%. The interest rate that you are offered will depend on your credit score, income, and other factors.
Loan Tenure
The loan tenure for an Axis Bank personal loan can be between 12 and 60 months.
Loan Amount
The loan amount that you can borrow from Axis Bank ranges from Rs. 50,000 to Rs. 15 lakhs.
Prepayment Penalty
Axis Bank does not charge any prepayment penalty on personal loans.
Other Features
- Balance transfer facility available
- Top-up loan facility available
- Online account management
- Mobile banking facility
Contact Information
For more information about Axis Bank personal loans, you can contact the bank's customer care at 1860-419-5555.
Axis Bank Personal Loans - FAQs
1. What are the eligibility criteria for a personal loan from Axis Bank?
Ans: To be eligible for a personal loan from Axis Bank, you must be a salaried individual between the ages of 21 to 60 years with a minimum monthly income of Rs. 15,000.
2. What is the maximum loan amount I can avail with an Axis Bank personal loan?
Ans: The maximum loan amount you can avail with an Axis Bank personal loan is Rs. 15 lakhs.
3. What is the repayment tenure for Axis Bank personal loans?
Ans: The repayment tenure for Axis Bank personal loans ranges from 12 to 60 months.
4. Is there a prepayment penalty for Axis Bank personal loans?
Ans: No, there is no prepayment penalty for prepaying your Axis Bank personal loan.
5. How can I apply for an Axis Bank personal loan?
Ans: You can apply for an Axis Bank personal loan online through the bank's website or by visiting a branch nearest to you.
