Axis bank Business Loans: Interest Rates | Eligibility | Info

Business Loans of Axis Bank: Get Details on Interest Rates, Loan Amount, EMI, Eligibility & Processing Charges charged by Axis Bank.

Axis Bank’s Mpower-TL provides a hassle free way of meeting your business needs of expansion and other long term funding requirements against the security of immovable residential or commercial property. Mpower-TL is an EMI based loan and can be availed by partnership firms, private ltd. companies and trusts.

Loan Amount Upto Rs 5 crore for big enterprises and Rs. 1 crore for small enterprises
Interest Rate N.A.
Tenure 10 years for big enterprises and 1-3 years for small enterprises
Pre Payment Charges Not provided

Eligibility Criteria

Age Age criteria not provided
Income Income criteria not provided
Job Experience Job experience not provided
Residence Proof Residence proof not provided

Documents Required for Axis Bank Business Loan

ID Proof Passport/driving license/voter ID
Address Proof Electricity bill/telephone bill
DOB Proof Certificate of birth/Matriculation certificate
Financial Docs
  • Bank Statements(latest 6 months bank statement /passbook)
    Latest ITR along with computation of income, B/S & P&L a/c for the last 2 years, certified by a CA
  • Qualification proof of the highest professional degree