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 information about all types of Axis Bank Home Loans in India.
|Axis Bank Home Loan Details Updated on
|Up to Rs. 1 crore and above
|1 year to 30 years
|8.35% to 9.25%
Some of the Axis home loan options available are as follows.
At Loanbaba, you can compare and apply for Home loans online. You can check out several housing loans and go through their features such as quantum of loan, amount of loan, processing fees, interest rates, and other conditions, on a single platform. The loan application process is simple and easy, as 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.
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.
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 professionals eligible to apply for an Axis Bank home loan are:
Company Secretaries (CS)
Doctors and dentists
Chartered Accountants (CA)
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 has home loan schemes for professionals and salaried individuals. The amount taken as loan can be used for either multiple or specific purposes.
Below provided are important questions about home loan Axis in India.
The following documents should be submitted in order to comply with the loan requirements:
Passport Voter’s ID
Job Card issued by NREGA
Job Card issued by NREGA
The salaried employees should submit:
salary statements of the previous 3 months
The self-employed Individuals should submit:
Income Tax returns of the past 2 years
Income computation with CA certification of the last 2 years.
The passbook or the bank statement also showing the salary of the applicant deposited.
Though not mandatory, the applicant may submit a guarantor form
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
Disclaimer: Information is gathered from secondary sources and meant for reference only. Loanbaba is not a channel partner of Axis Bank.