Axis Bank

Axis Bank

Bank Name
Interest Rate Range
Processing Fee Range
Loan Amount
Tenure Range

Rate of Interest

  • Floating rate of Interest : 15.50% p.a. to 24% p.a.

Eligibility Criteria

  • Minimum 21 years of age and maximum 60 years
  • Loan period from 1 year to 5 years
  • Should be either salaried or self-employed and have regular source of income
  • Should have sufficient income to pay EMI on required loan
  • Applicant must be Indian Citizen, in case of NRI or person of Indian origin it should be properly documented

Fees and Charges

  • Processing Fees 1.50 % to 2.00% depends on type and category of borrower
  • Preclosure Charges – Rs 0
  • Part Payment charges- Rs 0
  •  No any other hidden charges

Documents Required

  • KYC- Pan Card, Adhar Card, ID Proof and Address proof
  • ITR with computation for 3 years with Income proof
  • Bank Statement
  • Photograph
  • 2 references

Value Additions

  • Doorstep services
  • E- approvals
  • Part payment allowed

Special Feature

  • No guarantor required
  • No pre-closure or part payment fees
  • Balance Transfer Allowed
  • Top up available

Overview about Axis Bank

Axis Bank is the third largest private sector bank. it is India’s bank. Axis bank headquartered in Mumbai. It’s wide network of branches in every nooks and corners of India. Axis bank offers personal loans to fulfil the immediate financial needs like children’s education, medical emergencies, and wedding expenses etc. The Axis bank offers very lucrative interest rates for personal loans and it is also allowing applicants the option of transferring their existing personal loans.

Your Eligibility depends on following

You should be minimum 21 years old

You should be maximum 60 years old

You should be salaried or self employed

You should have sufficient income to pay EMI on required loan

You can increase your eligibility by doing following

Choose longer tenure of loan period maximum upto 5 years
Make your spouse as co applicant , her/his income will also be added in eligibility
EMIs of other loans loweryour eligibility
Choose maximum amount for loan

Rate of Interest and Other Charges for Personal Loan are following

Rate of Interest:



Rate of Interest


Personal Loan

15.5% to 24%

Existing Loan take over or New Loan

Here are some points for exitsting loan take over or New Loan:

  • Meet all your aspirations
  • Get assistance from Axis Bank Personal Loans and don’t let the need for money hold you back
  • Choose your amount
  • Decide your tenure
  • Calculate your loan EMIs
  • Enjoy the best rates
  • Transfer existing loans
  • Get a loan hassle-free
  • Axis EDGE Reward points

Features of Loan

 Features of Loan:

  • Attractive Personal Loan Rates
  • A balance transfer facility available for those who want to retire any higher cost debt 
  • Loans available against repayment track record of any existing Auto Loan, Personal Loan or Home Loan 
  • Zero balance SB account facility for Personal Loans customers 
  • Simple procedure, minimal documentation and quick approval

Documents Required for Axis Bank Personal loan:


Documents Required



Salary slips of the last 2 months


Bank statements

Salary account bank statement of the last 3 months


Employment proof

Employee ID card



Identity proof (Any one of the below)
Passport / Voters ID card / Driving license / PAN card

Address proof (Any one of the below)
Passport / Driving license / Ration card / Latest mobile bill / Letter from employer (with HR / Admin sign)



2 Passport Size Photo, Income Tax PAN Copy,Residential Address Proof