- 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 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
Are you in need of some quick cash?
Presenting Axis Bank's Personal Loans. Go on your dream holiday, buy the latest lifestyle gizmo, gift your wife a lovely diamond ring, renovate your house or just squash a temporary cash crunch.
Axis bank’s personal loans will give you a helping hand meet all your personal requirements.
Personal loan eligibility for Salaried Employees
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
Personal Loan: Documentation
- Latest passport size Photo
- Proof of Identity (Company ID & Pan Card Both side photo copy)
- Present Address proof ( PassPort Or Phone Bill Or Registered Rental Agreement or HR Letter )
- Last 1 year work experience proof (previous company Date of joining and relieving letter required in case current company works experience less than 1 year)
- Latest 3 salaries slip showing all deductions
- Latest CTC
- Bank statements ( Last 90 days )
- NOTE: THE CHECKLIST IS INDICATIVE ONLY. FURTHER, THE BANK / EXECUTIVE CAN ASK FOR ADDITIONAL DOCUMENTS ON CASE TO CASE BASIS.
Personal loan Interest Rates & Charges
| Rate of Interest | 13.25% 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 |
| 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 Duplicate Amortization Schedule Charges Duplicate Interest Certificate (Provisional/ Actual) issuance Charges | Rs 250 per instance + Service Tax as applicable Rs 250 per instance + Service Tax as applicable Rs 250 per instance + Service Tax as applicable |
