For travel expenses, medical expenses, wedding or education-related expenses, to upgrade existing residence a personal loan is obtained. Axis Bank is one of the largest source of personal loan provider by offering the best loan opportunities for individuals with bizarre features and benefits. Axis Personal Loan is a splendid aspect to provide flexible tenures, favourable interest rates, simple repayment structure and fast disbursements. Designed to handle the applicant's several financial requirements quickly and effectively it makes Axis Bank Personal Loan a unique loan provider.
|Loan Name||Interest Rate||Processing Fee||Loan Amount||Tenure|
|Axis Bank Personal Loan||15.75% to 24%||1.50% to 2.00% of loan amount + GST as applicable||1500000||12 - 60 months|
For Salaried Individuals:
For Self Employed Individuals:
Get maximum loan amount up to Rs 15 Lac with longer tenure up to 60 months.
Get a minimum loan up to Rs 50,000
Zero charges on foreclosure or part payment of the loan
Attractive rates for salaried applicants
Carry over existing loans from other banks to Axis Bank at a competitive rate.
Get hassle-free loan with less paperwork and quick approval
Get EMI option on your personal loan immediately in which you can get repayment tenure of 12 to 60 months
Existing Axis Bank customer can avail the best rates for personal loan
Get minimum tenure of 12 months to a maximum of 60 months
Get an option to move your existing high-interest personal loan to axis bank home loan.
Earn Axis eDGE loyalty reward points on successful disbursal
Get 150 points if the disbursal is less than or equal to Rs 3 Lac
Get 300 points if the disbursal is greater than Rs 3 Lac but less than equal to Rs 5 Lac
Get 450 points if the disbursal is greater than Rs 5 Lac
Get 24x7 assistance facility.
For salaried applicants
Voter Id card
Bank statement of last 3 months
Salary proof of last 3 months
2 recent passport size colour photographs
Duly filled application form.
Loan Agreement duly signed and Standing Instructions (SI) Request / ECS Forms
8.35% (1 Year MCLR)
3.65%-15.65% (Spread Over 1 Year MCLR)
12%-24% (Effective Rate of Interest)
Repayment Charges- Rs 500 per instance of dishonor of cheque/SI/ECS/NACH debit instruction+GST
Processing fees up to 2% of the loan amount + GST
Swap charges- Rs 500 per instance+GST
Penal Interest- 24% p.a
Duplicate statement issuance charges- Rs 250 per instance+GST
Duplicate Amortization schedule issuance charges- Rs 250 per instance+GST
Re-issuance of copy of loan agreement/documents- Rs 250 per instance+GST
CIBIL Report Issuance Charges- Rs 50 per instance+GST
Duplicate NOC- Rs 500 per instance+GST
Stamp duty charges- As per state stamp act
Axis Bank Personal Calculator assist you in making a decision by measuring monthly interest rates, tenure of the loan and also display special benefits on personal loan.
Let us know what is Personal Loan EMI?
Equated Monthly Installments or the amount payable per month when an applicant take a certain amount for some period of time on a personal loan.
EMI estimation relies on three main factors:
Axis Bank Personal Loan is used to calculate the EMI you have been charged for the personal loan from Axis Bank. Use this versatile Axis Bank Personal Loan EMI Calculator to get to the EMI that you're satisfied with. The calculator lets you schedule your borrowings and loan payments according to your needs.
Benefits of Axis Bank Personal Loan EMI Calculator
Axis Bank Personal Loan EMI Calculation Formula
Above given formula is for, how Axis Bank Personal Loan EMI is calculated:
In the above formula,
P = Loan amount. This can range from Rs 50000 to Rs 15 Lac
r = Rate of interest per month. Current rate is 11.25% to 24% p.a
n = tenure in month. For Axis Bank, this can be minimum of 12 months to a maximum of 60 months.
Why to use Axis Bank Personal Loan EMI Calculator
How to use Axis Bank Personal Loan EMI Calculator?
Applicants who have applied for Personal Loan in Axis Bank, can track their loan status by Online, Offline, Mobile App and more. Below are the step by step tutorial of different modes, scroll down and track the status of your Axis Personal Loan.
Track your personal loan status by Axis Bank Account
Track your personal loan status by your Application Id
Track your personal loan status by Mobile Application
Track your personal loan status via Offline
Alternative Offline Procedure
Axis Bank Net Banking services, Login with your Net Banking Id, Password and explore a world of convenience just with a few taps. Applicants can use unique benefits like high security for safe online banking, view the details for all your accounts, online password regeneration & unlock user-id instantly. Get all updates on your loan which are specially designed for you. No matter where you are just with your Axis NetBanking Id and Password you can explore the world of benefits and offers anytime anywhere. Scroll down and get to know the features and benefits of Axis Bank Personal Loan Login.
How to Register
In a few easy steps, Axis Bank ensures free Internet banking registration. Axis Net Banking is secured with Netsecure's additional two step authentication system. Below are the steps given to register Internet Banking
For Retail / Agri-Rural customers
For NRI Applicants
How to Login
Applicants can reach to Customer Care Executive through Phone Banking Services- +91-22-67987700.
For Personal Loan Queries, applicants can dial on the tollfree number- 1800 233 5577
Axis Bank Personal Customer Care Number as per the city:-
Axis Bank Customer Care Number for NRI
Q: What are the documents required to avail the personal loan in Axis Bank?
A: The following documents are required to get a Personal loan in Axis Bank :
Q: Which is better loan between Personal loan and credit card loan?
A: While comparing with credit card loan personal loan is better, because the interest rates are high in credit card loan and also you may not get a huge amount in credit card loan .so, always prefer personal loan instead of credit card loan.
Q: How can I get a better rate of interest on the personal loan?
A: These three key points may help you to get a better rate of interest
During the festival season, some banks may offer an attractive rate of interest. Request a personal loan at this seasonal time for better interest rates.
The credit score will play a major role while applying for a personal loan. you may bargain with banks for the best personal loan deal on having a high credit score
A good track record of your previous repayment on loans can be helpful in getting attractive deals on the personal loan.
Q: How much the salary required to get a personal loan?
A: The minimum salary required to avail a personal loan is 15000/- it differs from one lender to another.
Q: How can I get a personal loan without salary slip?
A: An individual without a salary slip also u can get a personal loan, the lenders can take bank statement, a copy of form -16 of lost two years and Employee certificate from your employer, etc documents are enough of your income and employment.