Axis Bank Home Loan

Axis Bankstar star star star star4.0 / 5.04 users

Axis Bank Home loan can be taken to fund your dream house purchase. A home loan is a secured loan, where the house you intend to purchase is considered as collateral. The Axis Bank offers a wide range of housing loan products with attractive interest rates and flexible services. The tenure of the loan ranges from 1 year to 30 years. However, the tenure under the Super Saver Scheme ranges from 1 year to 20 years.

There is no partial prepayment or pre-closure charge applicable. Moreover, the applicant does not require submitted a guarantor to avail the loan. At Loanbaba.com, you will come across all types of Axis Home Loans in India.

Axis Bank Home Loan Details Updated on 18th July 2018

Loan Amount

Up to Rs. 1 crore and above

Loan Tenure

1 year to 30 years

Interest Rate

8.35% to 9.25%

Why Choose Axis Bank Home Loan?

  • The advantage of this loan is its same interest throughout the duration, if fixed, but flexible on floating rate of interest.
  • Simple documentation is needed and the home loan in Axis bank then gets processed faster.
  • You can check out Axis bank home loan eligibility and Axis bank Home Loan EMI calculator at Loanbaba.com.

Features of Home Loans at Axis Bank

Some of the Axis home loan options available are as follows.

  • The bank offers various types of Axis home loans based on the suitability of its targeted audience.
  • The loans are offered at an interest of 8.35% to 11.75%. The interest applicable under the Super Saver Scheme is 9.25%.
  • The customers can pay off the loan in easy instalments every month and can repay it via auto debit or PDC or ECS.
  • A processing fee of 0.5% of the loan amount, the minimum being Rs 10,000 shall apply.

Why Apply for Axis Bank Home Loan on Loanbaba.com?

At Loanbaba, you can compare and apply for home loans online. You can check out several home loan schemes by Axis go through all their features such as quantum of loan, amount of loan, processing fees, interest rates, and other conditions, at one page. You can also quickly apply for Axis Home Loan online on our website without having to visit the branch. It is simple and easy, and you can upload all the required documents online. Disbursal is done at the soonest, and you can keep a track of your loan application on the website.

How to Apply for Axis Home Loan on Loanbaba?

You can apply for Home Loan Axis Bank or loan with any other bank /NBFC home loan at Loanbaba.com.

Axis Bank Home Loan Interest Rates

The Axis bank home loan interest rate starts at 8.35% to 9.25%, but varies as per individual profile. Keep a check on this page to note the updated Axis home loan interest rates for the current year.

Axis Bank Home Loan Eligibility criteria

Home loan eligibility may differ from one candidate to another. You can also use free-of-cost Axis Bank home loan eligibility calculator at Loanbaba.com. The eligibility criteria for Axis Bank housing loan are discussed below:

For salaried Individuals

  • The government service employees or workers at organizations of repute can apply for a home loans with Axis Bank
  • These applicants should be of at least 24 years while disbursal of the loan. However, the applicant cannot be more than 60 years of age at the time of loan maturity

For professionals

  • The professionals eligible to apply for an Axis Bank home loan are:

Architects

Company Secretaries (CS)

Doctors and dentists

Chartered Accountants (CA)

Cost Accountants

Engineers

Management Consultants

These applicants should be of at least 24 years while disbursal of the loan. However, the applicant cannot be more than 65 years of age at the time of loan maturity.

Types of Axis Bank Home Loans

Axis Bank has home loan schemes for professionals and salaried individuals. The amount taken as loan can be used for either multiple or specific purposes.

Axis Bank Home Loans FAQs

Below provided are important questions about home loan Axis in India.

  • addFAQs
    1. What is the Documents Required for Axis Bank Home Loan?
    2. The following documents should be submitted in order to comply with the loan requirements:

      ID proof

      Passport Voter’s ID

      Driving license

      Aadhaar Card

      Job Card issued by NREGA

      PAN Card

      Address Proof

      Passport

      Driving license

      Job Card issued by NREGA

      Voter’s ID

      Aadhaar Card

      Income statement

      The salaried employees should submit:

      salary statements of the previous 3 months

      Form 16

      The self-employed Individuals should submit:

      Income Tax returns of the past 2 years

      Income computation with CA certification of the last 2 years.

      Bank Statement

      The passbook or the bank statement also showing the salary of the applicant deposited.

      Guarantor

      Though not mandatory, the applicant may submit a guarantor form

    3. What is the Axis Home Loan Eligibility Criteria for Self-employed?

    Any self-employed individual who files regular income tax can apply for the Axis Bank home loan. These applicants should be of at least 24 years while disbursal of the loan. However, the applicant cannot be more than 65 years of age at the time of loan maturity

Axis Bank Home Loan Review


Home Loan
star star star star star15.0/5
Axis bank provided me an instant response in regards to my Home Loan application. The processing charges were minimal. It is a trusted service from their team.
Mumbai July 14, 2018
Home Loan
star star star star star14.0/5
My experience with Axis bank for Home Loan in Bangalore was a good one. My schedule was so hectic that I chose to apply online for the loan at loanbaba and was not disappointed by either of their service. Both loanbaba and Axis were professional in their service.
Mumbai July 14, 2018
Home Loan
star star star star star12.0/5
Home Loan by Axis bank was perfect, but the turnaround time is something they can work upon.
Mumbai July 14, 2018
Home Loan
star star star star star15.0/5
I had applied my Home Loan in Mumbai at Axis bank. I was in dire need of funds and fortunately got the loan amount soon.
Mumbai July 13, 2018

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