Axis Bank Personal Loan
A Personal Loan can help you meet your urgent needs as well achieve your dreams. Apply for Axis Bank Personal Loans and fulfil all your requirements with ease. Whether you need money for a foreign trip, a sudden medical emergency or unexpected repairs for your house, an Axis Bank Personal Loan is the solution! Enjoy benefits such as fast processing, minimal documentation, competitive interest rates and flexible repayment options. What’s more, you can also transfer your current high-interest personal loan to Axis Bank and save on interest.
Max Loan Amount
Rs. 40 Lakhs
Max Loan Tenure
Up to 60 months
Starting from 10.49% p.a.
Up to 2% of loan amount + GST
No Documents for Pre-approved Personal Loan
For Non Pre-approved - Last 3 Months Bank Statements, 2 Latest Salary Slip and KYC
Personal Loan Details
Completely filled and duly signed application form along with applicants’ latest passport size colour photo
Self-attestation of borrowers on all documents
Other Important Documents and Checks
Latest 2 months pay slip
Latest 2 months bank statement showing salary credits
One year Employment proof (Not required if DOJ mentioned in payslip and working for more than 1 year)
Proof of Income
Signature Proof: Any one of the following:
Aadhaar Card with DOB
Driving license with Photograph
School Leaving certificate
Date of Birth Proof: Any one of the following:
Driving license with Photograph
Proof of possession of Aadhaar number
Job Card by NREGA signed by an officer of the State Government
Letter issued by the National Population Register containing details of Name, Address
KYC Document: Any one of the following KYC documents(OVD) to be collected as per extant policy of RBI:
Documents required to process personal loan
Duly filled application form
Loan agreement duly signed and Standing Instruction (SI) Request / ECS Forms
Documents required for Personal Loan
Employees of public and private limited companies
Government sector employees including Public Sector Undertakings, Central and Local bodies
Minimum age of 21 years
Maximum age of 60 years at the time of maturity of the Personal Loan
Minimum net monthly income – Rs. 15,000
Individuals who can take a Personal Loan:
Turn your dreams into reality with a Personal Loan from Axis Bank. Take that vacation you have been delaying or complete the home renovation that has been pending. With an Axis Bank Personal Loan , you can do it all. You can use the Personal Loan EMI Calculator to calculate your monthly instalments way before you apply for a loan and have a definite estimate of your monthly payments well in advance.
Personal Loan Eligibility
Interest Rates & Charges
The right Personal Loan is determined by several factors. Interest rates are one of them. Other factors to look at would include an easy approval system/quick disbursals, processing charges, and so on. A Personal Loan from Axis Bank ensures that you can meet all your goals with ease. Be it the perfect wedding for yourself or your child, the complete renovation of your home or a fun-filled holiday. Avail a Personal Loan starting from Rs. 50,000 up to Rs. 40 Lakh with minimal.
However to make a duly informed decision be sure to go through the specifics of personal loan interest rates and charges applicable, below. These are subject to change basis the tenure of your loan and also highlight any ancillary charges that may be levied due to a change in payment tenures.
These include charges towards paying off your loan in part (over the agreed EMI) or entirely before its tenure is through, as well as charges levied in addition to the bank loan interest rates due to discrepancies in payment/non-payment of dues. So be sure to consider the interest rates and charges with respect to the amount to make the most of your availed loan. For further assistance in calculation you may also check the personal Loan EMI calculator.
Interest rates for Personal Loans
Fixed Rate Loan
1 Yr MCLR
Spread over 1 year MCLR
10.49% to 22%