Axis Bank personal Loans Benfits & Features

- Loans available for salaried individuals
- Loans are available from Rs 50,000/- to Rs 15,00,000/-
- Repayment tenures from 12 to 60 months
- Best in Class Rate of Interest
- Loans at higher rates can be transferred to Axis Bank with our Balance transfer facility.
- Simplified documentation.
- Simple procedure, minimal documentation and quick approval.

Personal loan Interest Rates & Charges

Interest Rates Charges
Rate of Interest 15.50% to 24%
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
Prepayment/ Forclosure 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 Charges Rs 250 per instance + Service Tax as applicable
Duplicate Interest Certificate (Provisional/ Actual) issuance Charges Rs 250 per instance + Service Tax as applicable
Cibil Report Issuance Charges Rs. 50/- per instance per set+ service tax as applicable
Stamp Duty Charges As per State Stamp Act
Issuance Charges for Photocopy of Loan Agreement/ Documents Rs 250 per instance + Service Tax as applicable

Personal loan eligibility for Salaried Employees

Salaried Doctors, employees of select MNCs, Public and Private limited companies, Government sector employees including Public Sector Undertakings and Central and Local bodies:
- Maximum age of applicant at loan maturity: 60 years
- Minimum Net Monthly Income: Rs 15,000
- Maximum loan available: Rs 15 lacs