Axis Bank Personal Loan
Based on 259 Customer Reviews
Published on: 06 Oct 2018
Based on 259 Customer Reviews
Published on: 06 Oct 2018
About the bank
Axis Bank is third largest private bank in India and one of the most preferred loan providers with a network of over 2400 branches and over 12,900 ATMs across India. The bank began its operations in 1994 and was promoted by top insurance companies in country. The bank offers a host of retail and corporate banking, lending, investments, advisory and treasury services. It also undertakes lending to SMEs, agriculture loans and micro financing services.
Axis Bank Personal Loans
If you are going through any financial calamity at any point of your life, whether it’s a financial requirement for consumer durables or the immediate need for a quick payment, then applying for a personal loan is the best available option to meet your needs for immediate funds. Axis bank personal loan is very exclusive and generally favored personal loan facility. Axis bank offers the most flexible personal loans as per the requirements and needs of the borrowing individuals. You can easily finance funds for home renovation, wedding or any other financial emergencies at best interest rates with the help of personal loan from Axis bank. Get lowest personal loan interest rates for Axis bank online at Afinoz.com, one of India’s best online financial marketplace. Apply online for axis bank personal loan and get a step closure to your dreams and goals.
What is Afinoz?
Afinoz.com is India's topmost one stop financial marketplace for availing loans and investments. Our main objective is to make the process of getting a loan or making an investment safer, convenient and hassle-free for individuals. We work with public and private banks, NBFC's and mutual fund houses across the entire country and offer an unbiased quotation on financial requirements. You can contact our team to get information or apply for a loan or investment by calling on +918795021552 or by emailing at email@example.com . Afinoz.com provides solutions which are quick, reliable, transparent and confidential without charging any fees to avail any of their services.
Feature and Advantages of Axis Bank Personal Loan’s:
Axis bank has attractive features and benefits from easy loan approval to providing higher loan amount with flexible loan tenure, Axis bank offers its customers the maximum quantum of loan depending upon their requirements, their repayment history and credit score. Here are some features and benefits of Axis personal loan.
Axis bank personal loan eligibility or axis bank personal loan interest rates can be easily assessed with Afinoz. If there is any query about axis bank personal loan application, you should log on to afinoz.com or call us on +918795021552 or mail us at firstname.lastname@example.org and get all the solutions and axis bank personal loan details.
We also offer other financial products such as Business Loan, Home loan, Personal Loan By SBI, Auto loan, Education loan, PNB Business Loan etc. from the top banks and NBFCs at the lowest possible interest rate with no hassle. Our aim is to make financial products reasonable and easily accessib to everyone. We promise to provide quick, reliable, transparent and confidential solutions without any charge. We provide Best Personal Loan In India.
Axis bank personal loan eligibility criteria
The borrower needs to fulfill following axis bank eligibility criteria while applying for axis bank personal loan.
Axis Bank Personal Loan Documents Required
The list of documents required while applying for Personal loan from Axis bank are:
Apply for axis bank personal loan online with Afinoz.com. You can make a call at +918795021552 or email us at email@example.com. You can check eligibility and EMI for Axis bank personal loan using our utility tools like personal loan eligibility calculator and personal loan EMI calculator to avail Axis personal loan details, we ensure you best services without any hassle and efforts. Once you complete the Axis bank loan application with Afinoz.com, you can effortlessly track your loan application status on our website.
|Axis Bank Personal loan Interest Rates, Jan 2018|
|Axis Bank Personal Loan General -Interest Rates||For salaried and self employed 15.50% to 24%|
|Axis Bank Personal Loan Tenure||12 TO 60 MONTHS|
|Axis Bank Personal Loan Processing Fee||1.50% to 2.00% of the total loan amount + applicable service tax|
|Axis Bank Personal Loan Repayment Period||Minimum- 1 year |
Maximum- 5 Years
|Minimum Income||IINR- 15,000 P.M.|
|Axis Bank Personal Loan Amount||Minimum- INR 50,000 |
Maximum- INR 15 Lakh
Special Note: Rates are subject to periodic change. Personal loan interest rates in Axis Bank and other fees and charges are subject to regular review and can vary with each customer. Axis Bank Personal loan interest rates can differ depending on your credit worthiness and other factors. The final interest rate will be based on different criteria including the bank’s internal policies and applicable rates at the time of approval.
Why to apply for Axis Bank Personal Loan with Afinoz.com
Afinoz.com, one of the India's leading personalized financial marketplace has framed a personal loan platform which lets you choose the best personal loan from the options that match your specific needs and most convenient for your personal requirements.
Query-What is the best way to apply for an Axis Bank Personal Loan?
Reply-You can apply for an Axis bank Personal Loan, online by visiting our website Afinoz.com. You can also apply for a loan by giving us a call at +918795021552 or emailing us at firstname.lastname@example.org.
Query-What is the turnaround time (TAT) for deciding an Axis bank Personal Loan application?
Reply-Axis Bank usually conveys its decision within 5 working days from the date of receipt of the application, provided the application is complete in all respects.
Query-What is the minimum and maximum amount of Personal Loan that I can get?
Reply- You can get a minimum loan amount of Rs 50,000 to the maximum amount of Rs 15 lakhs from Axis bank. Loan amount is mainly decided by Axis bank by considering the following factors:
Query-What is the tenure for which I can avail an axis bank Personal loan?
Reply- Axis Bank offers a flexible tenure ranging from 12 to 60 months.
Query: Do I need to pay a processing charge to apply for an Axis Bank Personal Loan?
Reply- Yes, Axis bank charges a non-refundable processing fee for every Personal Loan application. To avail an Axis Bank Personal Loan you have to pay 1.5% to 2% of the total loan amount plus service tax as applicable.
Query- Can I make part-prepayment towards my Axis Bank Personal Loan? Will any charge be applicable?
Reply- Yes, you can make a part-prepayment towards your Personal Loan amount. At present, Axis Bank levies no charge for part prepayment.
Query-Is there any charge for the foreclosure of axis bank personal loan?
Reply- Presently, Axis Bank levies no charge for pre-closure of a Personal Loan amount.
Query-Do I need to provide collateral or security to get Axis Personal loan?
Reply- There is no requirement to provide any security or collateral as personal loans are generally considered unsecured loans.
Query-What are the different options for making my EMI payments?
Reply- Individual can repay his/her Axis bank Personal Loan by Standing Instruction (SI), Electronic Clearing Service (ECS) or Post-Dated Cheques (PDCs).
Query: What are the uses to which I can put the Personal Loan offered by the axis bank?
Reply: A Personal Loan from axis bank is type of multi-purpose loan which you can use for both businesses as well as for personal use. You can use the funds for meeting personal expenses like marriage, taking a vacation, renovating the home, maintaining the working capital necessity of your business, meeting any financial emergency, etc.
Query: How can the Axis Bank Personal loan be repaid?
Reply: The bank allows different repayment facilities through which you can repay your Axis bank Personal Loan. You can place a Standing Instruction on your savings or current account for debiting the loan EMIs every month or opt for ECS (Electronic Clearing System) mode of repayment. Post-dated cheques can also be submitted for paying the installments every month.
Query: Is part prepayment facility available in the perspective of repayment of the loan?
Reply: Axis bank allows partial prepayment of the remaining loan. You can make such prepayments whenever you have surplus amount and bring down your interest considerably. Moreover, Axis bank does not charge any pre-payment to any individuals.
Query: Is the option of foreclosing the Axis Bank Personal loan allowed under the Personal Loan scheme?
Reply: An individual can foreclose his/her personal loan provided that he fulfills the conditions as stated by bank. First of all, you have to clear all the existing dues in respect of the loan. You can also check the outstanding balance of your loan by requesting a foreclosure statement. This statement would illustrate any of your remaining dues which need to be cleared. Once the dues are totally cleared off, the loan can then be foreclosed. There would be no inherent charges when you opt for foreclosing the loan taken.
For any query about Axis Bank personal loan application, you can log on to afinoz.com or give us a call at +918795021552 or mail us at email@example.com.