Get Axis Bank Personal Loan With Instant Approval

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Get Axis Bank Personal Loan With Instant Approval
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Axis Bank Personal Loan

• One of the leading solutions Axis Bank offers
  instant personal loans for their customers if
  they are planning a vacation, renovating a home,
  or arranging a dream wedding. The applicant can
  get a personal loan of Rs. 50,000 up to Rs.
  15,00,000 with minimal documentation required.
  Apart from this, the user can get speedy approval
  from Axis Bank. Additionally, it will help to
  transfer your existing high-interest rate
  for Axis Bank personal loan as well. 

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Axis Bank personal loan features and benefits

• For a quick approval of the loan, you need to
  understand the key features of Axis Bank personal
  loan 
• No documents required for applying for an instant
  loan. 
• An instant loan from Axis Bank is very less as
  the loan amount will be disbursed. 
• The loan amount will be directly transferred
  directly into your Axis Banks savings account. 
• Multiple loan tenure options are available. 

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Eligibility of Axis Bank personal loan 

• Use Axis Bank personal loan EMI calculator to
  calculate the monthly installments to apply for a
  loan and have a definite estimate of the users
  monthly payments in advance. In this case, users
  can take a personal loan with the following
  eligibility criteria 
• Salaried employees such as doctors, employees of
  public and private limited companies, and
  government sector employees including Public
  Sector Undertakings, Central and local bodies. 
• The age of the user should be a minimum of 21
  years and a maximum of 60 years at the time of
  maturity of the loan. 
• Minimum net monthly income should be Rs. 15,000. 

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Documents required for Axis Bank personal loan 

• Submit the duly filled application form 
• KYC documents are required to submit. 
• ID proof 
• Passport size photographs 
• Age proof 
• Residence proof 
• Bank statement 
• Loan Agreement duly signed and Standing
  Instruction (SI) Request or ECS form. 

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Axis Bank personal loan interest rate
A personal loan from Axis Bank offers
low-interest-rate that helps to fulfill the
users financial needs. If there is a need to get
immediate funds, one can apply for the loan
amount starting from Rs. 50,000 up to Rs.
15,00,000 with minimal documentation. Here are
the interest rates for a personal loan with a
tenure of up to 36 months. 
Fixed-rate loan  1-year MCLR More than 1-year MCLR Effective ROI
Personal loan amount  7.45 4.55 to 16.55 12 to 24
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Axis Bank personal loan fees 
Schedule of charges   Fees 
Penal interest  24 p.a. 
Bounced cheque charge  Rs. 500 GST 
CIBIL Report Issuance Charges Stamp Duty Charges  Rs. 50 per instance per set GST as per State Stamp Act
Cheque/ Instrument Swap Charges  Rs. 500 per instance GST
Issuance charges for a photocopy of loan agreement or documents Rs. 250 GST
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Compare the list of other banks with Axis Bank
personal loan 
Here is the comparison table of Axis bank
personal loan than other banks offering loan
amount, interest rate, processing fee, and late
payment fee 
Particulars  Axis Bank personal loan  HDFC Bank personal loan  Citibank personal loan 
Interest rate  12 p.a. onwards  10.75 p.a. onwards  10.50 p.a. onwards 
Process fee 2 including GST  2.5 including GST  0.25 to 3.00 including GST 
Late payment fee 2 of the overdue amount p.m. 2 of the overdue amount p.m.  Contact the bank for details 
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Bottom line 

• Hope this article helps you, with the essential
  documents, processing fees, attractive interest
  rate, eligibility criteria of Axis Bank personal
  loan. Apart from this, you can also check the
  repayment tenure with the EMI calculator for the
  loan amount and repay them easily. For more
  details, you can visit the official site of Axis
  Bank and check the details related to your
  criteria or you can contact the customer care
  executives for applying for a personal loan.

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