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Axis Bank Personal Loan

Axis Bank personal loan available at lowest interest rates which are starting from 15.00% for CAT A company employees. Axis bank provides personal loans from Rs 50 thousand to Rs 15 lakh, Loans can be used for any purpose with no questions asked regarding the end use of the loan, Simple procedure, minimal documentation and quick approval with Minimal documentations. You can use personal loans for Marriage expenses, Travels, Buy Gadgets, Home Appliances, Downpayment of bigger loans or pay the credit card bills. Minimum loan which you can apply at axis bank are 50,000. Axis bank offers personal loan in 65 cities all over the India.


Axis Bank Personal Loan Details
Interest Rates 15.00% - 20.00%
Repayment Upto 5 Years
Max. Loan 15 Lakh
Min. Loan 5 Lakh
Part Payment Charges Nil
Processing Fees 1.50% - 2.00% + ST
Compare Personal Loan| Interest Rates | Eligibility
Loan Amount
Employment Status

Current interest rates on Axis Bank Personal loans - September, 2016

CAT A CAT B Others Pre Payment
Charges
Processing
Fees
15%
(For Super CAT A)
16%
(For CAT A)
17% 19% - 20% Nil 2%
 
Festive Offer : Get gifts upto Rs 18,490 on disbursal.
Refer to T&C - www.deal4loans.com/personal-loan-offers.php

Features and benefits of Axis Bank Personal Loan
1. Attractive Personal Loan Rates
2. A balance transfer facility available for those who want to retire any higher cost debt
3. Loans available against repayment track record of any existing Auto Loan, Personal Loan or Home Loan
4. Zero balance SB account facility for Personal Loans customers
5. Simple procedure, minimal documentation and quick approval
For User’s help here’s the EMI Calculation for Random loan amount of 1.5 lakh for 5 years tenure period at 16.00%. EMI per Month = 3647.71 Total Amount with Interest = 218862.60 Flat Interest Rate PA = 9.18%
Year Principal Interest Balance Amount
2016 Rs. 21,292 Rs. 22,484 Rs. 128,708
2017 Rs. 24,962 Rs. 18,814 Rs. 103,746
2018 Rs. 29,262 Rs. 14,514 Rs. 74,484
2019 Rs. 34,301 Rs. 9,475 Rs. 40,183
2020 Rs. 40,231 Rs. 3,565 Rs. 0
Total Rs. 150000 Rs.68852.00  

Eligibility for Axis Bank Personal Loan
Eligibility Criteria Loan Amount
25 - 70 years of age. The minimum loan amount is Rs. 25,000 and the maximum loan amount could be up to Rs. 10,00,000 based on the Bank's qualifying criteria.

Self Employment
Eligibility Criteria Salaried Self Employed
Age 21 - 60 years 24 - 65 years
Annual Income Rs 1,80,000 (p.a) Rs 2,00,000 (p.a)
Loan Amount Offered 50,000 - 15,00,000 50,000 - 15,00,000
Tenure 12 - 60 months 12 - 60 months
Current Experience Minimum 1 year Minimum 3 years
Documentation 1) Identity proof: Passport or voter's card or driving license or PAN card and photograph
2) Income proof: Latest salary slip showing all deductions or Form 16 along with current dated salary certificate (for salaried)
3) Proof of telephone: Latest bill of landline or mobile or WLL stating name of borrower or address of borrower employment proof or business continuity proof
4) Residence proof: Ration card or passport or latest electricity bill or latest telephone bill or latest credit card bill bank statements, last 6 months bank statements
1) Identity proof: Passport or voter's card or driving license or PAN card and photograph
2) Income proof: ITR (last 2 years) and computation of income (last 2 years) certified by a CA, balance sheet, profit and loss statement (for self-employed)
3) Residence proof: Ration card or passport or latest electricity bill or latest telephone bill or latest credit card bill bank statements, last 6 months bank statements
4) Proof of telephone: Latest bill of landline or mobile or WLL stating name of borrower or address of borrower employment proof or business continuity proof
5) Business continuity proof

Loan Centre’s address for personal loans from Axis Bank

Loan Centre Address Pincode
New Delhi Upper Ground Floor & First Floor Himalaya House, Cannought place, Kasturba Gandhi Marg, New Delhi 110001
South Delhi Ground and First Floor Ravissance House 1, Ring Road, Lajpat Nagar - IV, New Delhi 110024
Delhi West A-356, Meera Bagh, New Delhi 110087
Ahmedabad 4th floor, Shivalik-Ishan, Near C.N.Vidayalaya, Ambawadi, Ahmedabad 380006
Ahmedabad East First Floor, Pushpak Arcade, Hirawadi Cross Road, Bapunagar, Ahmedabad, Gujrat 380024
Gurgaon Shop No. 16, 1St Floor ,Vipul Square ,Shushant Lok - 1 ,Gurgaon 122002
Bangalore 2nd, 3rd & 4th floor, 8, Sona Tower, 32 E Cross, 4th block, Jayanagar, Opp Sanjay Gandhi hospital, Bangalore 560041
Whitefield, Bengaluru 2nd floor above Bata showroom, No. 3, Kundanhalli Main Road, Bangalore 560037
Mnagalore II nd Floor, Essel Towers, Bunts Hostel Circle, Mangalore 575003
Kochi 3rd floor, Chicago Plaza, Rajaji Road, Kochi, Kerala 682035
Mumbai 5th Floor, Harbhajan Building, CST Road, Opp. Raheja Central, Nr.Nafa Bus Stop, Kalina, Santacruz East, Mumbai 400098
Pune Pride House,Ground Floor, Opp NIC, Near Pune University Circle, Ganesh Khind Road, Shivajinagar, Pune 411016
Pimpri Chinchwad Kant Helix, 3rd Floor, Above VAMA Showroom, Beside Ramkrushna More Sabhagruh, Opp. TATA Motors, Chinchwad, Pune 411044
South Mumbai Warden house, 2nd Floor, 340, Sir J, J. Road, Near Nagpada Police station, Byculla 400008
Hyderabad D.No.5-2-183/184, 3rd & 4th Floor, R P Road, Secunderabad 500003
Thane First Floor, CTS No 3203, Old Suchak Niwas, Murbad Road, Kalyan West, Thane 421301
Chennai Centennial Square, 2nd Floor, No 6 A, Dr.Ambedkar Road, Opp to Hotel Brown Star, Kodambakkam, Chennai 600024
Axis Bank -
Head Office:

Axis Bank Limited,
131, Maker Tower - F,
Cuffe Parade, Colaba,
Mumbai - 400 005
INDIA

Disclaimer : Please note that the interest rates and eligibility criteria given here are based on the market research. To enable the comparisons certain set of data has been reorganized / restructured / tabulated .Users are advised to recheck the same with the individual companies / organizations. This site does not take any responsibility for any sudden / uninformed changes in interest rates.

Know the Rate of interest charged by major banks for Personal Loan

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