Axis banks offer personal loans.Personal loan is a multipurpose loan; it can be used for a number of purposes including home renovation expenses, purchase of a car or bike, wedding expenses, education expenses, holiday or to payoff all the current debts to improve credit score. Our personal loans will meet all your personal requirements.
Overview
- Loans for salaried individuals of select companies.
- Special loans for doctors, chartered accountants, engineers, architects, CS and ICWA
- Loans are available from Rs 1 lac to Rs 15 lacs
- Repayment tenures from 12 to 60 months
- Attractive interest rates.
- A balance transfer facility available for those who want to retire any higher cost debt.
- Simple procedure, minimum documentation and quick approval.
- Doorstep service for customers.
Personal Loan: Eligibility
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: 60 years.
- Minimum Employment: Minimum 1 year of cumulative experience for both salaried individual/Professional.
- Salaried Doctors require 3 years of cumulative experience.
- Minimum Net Monthly Income: Rs 15,000 per month.
- Maximum loan available: Rs 15 lacs.
- Special Offer for employees of select companies.
Personal Loan: Documentation : Salaried Individuals
- Proof of Identity (Company ID & Pan Card)
- Present Address Proof (Phone Bill or Latest HR letter or Passport)
- Permanent Address Proof (Phone bill or Passport or Voter id or Driving license or Ration card )
- Last 1 year work experience proof ( previous company date of joining and relieving letter in case present company work experience is less than 1 year. )
- Qualification proof required for doctors, architects, CA, CS, ICWA, MBA consultant, engineers
- Latest 3 months pay slip
- Bank Statements (latest 3 months (90 days)up to date bank statement)
Note: Documentary proofs required may vary from customer to customer.
Personal Loan: Interest Rates & Charges.
- Rate of Interest 13.50% to 24.00%
- Loan Processing Charges 0.99% to 2.00% + Service Tax as applicable
- Cheque Bounce Charges Rs. 500 per cheque bounce + Service Tax as applicable
- Foreclosure Charges Nil
- Part-payment allowed.
