Axis Bank Personal loan

Home » Personal Loan » Axis Bank Personal loan

3.5

Average Review

Axis Bank Personal loan

Get detailed information on Axis Bank Personal Loan including tenure, interest rates, repayment options, and processing charges.

Visit Site Apply Now Terms & Conditions Apply

Details for Axis Bank Personal loan

Axis Bank Personal Loan offers flexible repayment tenures ranging from 12 to 84 months with competitive interest rates. It suits individuals seeking quick financial assistance with minimal documentation. Customers with existing personal loans from other banks can benefit from EMI reduction through loan transfer offers. The loan supports multiple repayment channels like NEFT, RTGS, and ECS. A simplified, hassle-free application process and processing charges up to ₹6,500 + GST make it a convenient option for personal financial needs.

₹
Loan Amount

Up to Rs.40 lakh

₹
Interest Rate

11.25% to 22%

Age

  • Minimum age of 21 years to Maximum age of 60 years at the time of maturity

CIBIL Score

  • A CIBIL score of 730 or above is generally considered good for approving a personal loan.

Required Documents

  • Application form
  • Age proof
  • Passport size photographs
  • ID proof
  • Residence proof
  • Bank statement
  • Signature verification proof
  • 3 latest Salary Slips with the latest Form 16

Nature of Employment

  • Salaried Employees
  • Government sector employees including Public Sector Undertaking, Central and Local bodies
  • Employees of public and private limited companies

Minimum Monthly Income

  • Minimum net monthly income - ₹15,000 for Axis Bank customers and ₹25,000 for non Axis Bank customers

Loan Processing Charges

  • Up to 2% of the loan amount + GST

Features

  • Loan Tenure 12 months to 84 months
  • Flexible repayment tenures
  • Competitive interest rates
  • Special offers for customers who have existing personal loans with other banks and want to lower their EMIs by transferring the loan to Axis Bank
  • Multiple channels for repayment, including RTGS, NEFT, and ECS
  • Minimal documentation and hassle-free application process

Share with

₹10,000₹1,00,00,000

0%20%

1 Year30 Years

Axis Bank Personal loan EMI Calculator

Principal amount

₹1,00,000

Interest amount

₹542

Total amount payable

₹1,00,542

Your Monthly EMI is ₹8,379
Apply Now