Axis Bank Personal Loan Indore | Interest Rates | Documents | Apply

Axis Personal loans in Indore: Get details on Best & lowest Interest rates, Documents, Eligibility & Processing fees & other charges of Axis Bank.

Axis Bank Personal Loan in Indore – Key Features

  • Loans available for salaried individuals
  • Special loans for Doctors, Chartered Accountants, Engineers, Architects and CS
  • Loans are available from Rs 1 lac to Rs 20 lacs
  • Repayment tenures from 12 to 60 months
  • Best in Class easy personal loan interest rates

₹ 273,923 crores worth of Personal Loan Applications received! (last updated on 16 July 2019)

Compare Personal Loan Rates – Eligibility – Process of Top 10 Banks. Check CIBIL score absolutely FREE.

Loan Amount

Employment Status

City


Axis Bank Personal Loan Details

Loan amount 50000 to 15 lakh
Repayment 1 year to 5 Years
Minimum Net Monthly Income Rs.15000
Processing Charges 1.50% to 2.00% + Service Tax
Interest Rates 15.50% – 24.00%
Prepayment / Foreclosure charges Nil

Axis Bank Personal Loan Eligibility

Salaried: Salaried Doctors, CAs, employees of select MNCs, Public and Private limited companies, Government sector employees including Public Sector Undertakings and Central and Local bodies:

  • Minimum age of applicant: 21 years
  • Maximum age of applicant at loan maturity: 58 years
  • Minimum Net Monthly Income: Rs 15,000
  • Maximum loan available: Rs 15 lacs

Self-employed: Self-employed professionals include self-employed Doctors (MBBS and higher degree) having majority of their income from practice, Architects, Chartered Accountants & Company Secretary.

  • Minimum age of applicant: 24 years to 65 years at the time of loan maturity
  • Minimum Annual Net Profit: Rs 2 lac per annum
  • Maximum loan available: Rs 20 lacs for Self Employed doctors
  • Special scheme for Self Employed doctors

Personal Loan By Top Banks

Axis bank branches list in Indore for apply Personal loan

  • 16/2, SNEH NAGAR, Indore, Madhya Pradesh 452001
  • Kanadia Rd, Sendid Nagar, Shri Ram Nagar, Indore, Madhya Pradesh 452018
  • H/1, Scheme No. 54, Vijay Nagar, Indore, Madhya Pradesh 452010
  • 622, Airport Rd, Kalani Nagar, Indore, Madhya Pradesh 452005
  • Ground Floor, PRK Residency, Shop No. G1, AB Road, Rau, Near Punjab National Bank, Indore, Madhya Pradesh 453331
  • 1, Yeshwant Niwas Rd, Yeshwant Colony, Indore, Madhya Pradesh 452003

Documents Required for Axis Bank Loans Indore:

Documents

Salaried Individuals

Identity proof Pan Card/Passport/Election Card/Photo Identity issued by Government, Defence Services, Public Sector undertaking/Driving Licence/Photo Credit Card/Employees ID Card, Letter/card issued by UIDAI containing the details of name, photograph, address and Aadhaar number.
Income proof Latest salary slip showing all deductions or Form 16 along with current dated salary certificate or ITR (last 2 years).
Residence proof Bank Account Statement/ Latest Electricity Bill/ Latest Telephone Bill/ Latest Credit Card Bill/ Employers letter certifying current mailing address/Passport(Valid)- provided the passport address is present address mentioned in application form / Existing Registered House Lease/ Government I-card with photo and address/ Ration Card/ Latest Property Tax / Water Tax bill.
Signature Verification Valid Passport /Pan Card/ Processing Fee Cheque/ Banker’s Verification Letter.
Proof of telephone Latest bill of landline or mobile or WLL stating name of borrower or address of borrower.
Guarantor Optional
  • Qualification or registration proof required for doctors, architects, CA, CS, ICWA, MBA consultant, engineers
  • Documentary proofs required may vary from customer to customer

Axis Bank Interest Rates and Other Charges on Loans in Indore:-

Interest Rates & Charges

Rate of Interest 15.00% to 24.00%
Loan Processing Charges 1.50% to 2.00% + Service Tax as applicable
Cheque Bounce Charges Rs. 500 per cheque bounce + Service Tax as applicable
Cheque/Instrument Swap charges Rs.500 per instance + Service Tax as applicable
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 Issuance Charges Rs 250 per instance + Service Tax as applicable
Issuance Charges for Photocopy of Loan Agreement/Documents Rs 250 per instance + Service Tax as applicable

*(Subject to change as per Bank’s discretion from time to time)
About Indore:
Indore’s financial district, anchored by central Indore, functions as the financial capital of the Madhya Pradesh and is home to the Madhya Pradesh Stock Exchange, India’s third oldest stock exchange. Indore’s real estate market is among the most expensive in the state and its Lokmanya Nagar incorporates the highest concentration of Marathi People in the Western part of the city. . Numerous colleges and universities are located in Indore, including IIM Indore and IIT Indore.