A personal loan works as your savior when you are in urgent requirement of funds to meet some exigencies. Personal loans are usually designed keeping in mind such urgent needs of the salaried /self-employed class or people who have a continuous source of income.
When you want to apply for personal loan, you are left with many options to choose from such as SBI personal loan, HDFC personal loan, Axis Bank personal loan, ICICI personal loan etc. Here we will tell you about the salient features of an Axis Bank personal loan.
1. Competitive interest rates
Axis bank personal loan interest rate is different for different customers, depending on their income, credit profile, bargaining power etc. The interest rate of axis bank personal loan is currently in the range of 15.75 % to 24 % for the salaried and self-employed class. However, this is subject to periodic changes.
2. Processing fees
When you apply for a personal loan by axis bank personal loan, you will be asked for a processing fee in the range of 1.5% to 2 % of the approved loan amount. Applicable taxes will be added, as per RBI regulations.
3. Easy & transparent procedures
When you apply for an axis bank personal loan, you are provided clear and up-to-date information about the axis bank personal loan status at every stage. The axis bank personal loan provides easy and multiple loan repayment options such as ECS and PDCs. Also, the entire loan procedure is a completely transparent one. It has zero hidden charges.
4. Loan amount
You can apply for axis bank personal loan for any amount from Rs 50000 to Rs 15 lakhs, depending upon your requirement.
5. Flexible repayment period
Axis bank personal loan provides easy & convenient options to repay your loan within a tenure ranging from 12 months to 60 months, in the form of EMIs. You can avail the personal loan EMI calculator at Afinoz.com to choose the tenure and the monthly EMI you are comfortable with.
6. No need for collateral/security
With axis bank personal loan, you do not need to pledge any security or collateral to get your loan approved.
7. Balance transfer facility
If you are already having a personal loan from another lender and are paying a higher interest rate to your liking, you can avail the balance transfer facility provided by axis bank personal loan. With this, you can transfer your existing personal loan to Axis Bank and get rid of the high-interest debt.
8. 24 X7 customer support
There is a dedicated helpline for any query related to the axis bank personal loan. Loan related services are also provided round the clock at the toll-free numbers of the axis bank personal loan customer care.
At Afinoz, we can provide you with our best-in-class supports related to your axis bank personal loan and you can avail facilities such as instant approval, real-time tracking facility, online eligibility check and many more. Our services are offered to you absolutely free of cost.
For any query, you can log on to https://www.afinoz.com or mail us at firstname.lastname@example.org. You can also call us at +918795021552 and get quick yet accurate details.