The Axis Bank offers home loans to salaried as well as non – salaried individuals at attractive interest rates which range between 8.95% - 12.00%. The bank provides the borrowers to repay the loan in easy equated monthly instalments which is spread over a long period of 30 years.
|Loan Name||Interest Rate||Processing Fee||Loan Amount||Tenure|
|Axis Bank Home Loan||8.95% - 12.00%, Fixed/Floating||1% of the loan amount (minimum of Rs 10,000)||Above 75 lakhs||1-30 Years|
For Salaried Individuals:
For Self Employed Individuals:
For Salaried Individuals
For Self-Employed Individuals
Q: Why would a loan application be rejected?
A: Important points that can play a crucial role in home loan rejection:
Q: Who can co-sign with me?
A: Only blood relatives can co-sign ion home loan .your family members like father, mother, siblings can co-sign a home loan instead of them your wife, children also can do co-signatures along with you.
Q: Is home loan good for the tax benefit?
A: Yes, the tax benefit is the best part of the home loan. The interest amount paid towards home loan is tax exempted under section 24. Accrual basis is considered for Tax deduction Rs.2 lakhs is the maximum tax exemption available under this session.
Q: What are the charges in Axis bank home loan?
A: Some of the charges collecting while applying for the home loan :
Q: What is the maximum loan amount one can get from axis bank?
A: The maximum home loan depends on both incomes like property value, as well as personal income. The minimum amount offered by the axis bank is Rs.3 lakhs.