Get personal loans of up to Rs.40 lakh at interest rates starting 10.49% p.a. with flexible repayment tenures of up to 7 years with Axis Bank.

Axis Bank Personal Loan Details

Interest Rate10.49% – 22% p.a.
Loan AmountUp to Rs.40 lakh
Loan TenureUp to 7 years
Minimum Income RequiredRs.15,000 (monthly)

Features and Benefits of Axis Bank Personal Loan

Axis Bank Personal Loan Fees and Charges

Schedule of Charges Fees 
Penal Interest 24% p.a. 
Cheque/Instrument Swap Charges Rs.500 per instance + GST 
CIC Report Issuance Charges Stamp Duty Charges Rs.50 per instance per set + GST as per State Stamp Act 
Charges for No Dues Certification generation Rs.50 per instance per set + GST as per State Stamp Act 
Stamp Duty Charges As per state actuals 
Duplicate Statement IssuanceRs.250 per instance
Duplicate Amortization Schedule ChargesRs.250 per instance 
Part Payment/Pre Payment-Charges Pre-Payment: 5% + GST Part-Payment : Less than equal to 3 years – 3% & More than 3 years – 2%
Processing Fee Up to 2% of the loan amount 

**(Subject to change as per Bank’s discretion)

Eligibility Criteria for Axis Personal Loan

Here are the eligibility criteria for Axis Bank personal loans:

AgeBetween 21 years and 60 years  
Employment TypeSalaried employeesPrivate limited compamy employeesGovernment employees including PSU,Central and local bodies.
Net SalaryRs.15,000 per month

Documents Required to apply Axis Bank Personal Loan

Here are the documents you need to submit when applying for a personal loan from Axis Bank:

Here are the documents you need to submit post sanction/pre-disbursement:

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