Axis Bank Axis

Axis Bank Personal Loan

Axis Bank Personal loan eligibility for Salaried Employees

Salaried Employees, employees of select MNCs, Private and Public limited companies, Government sector employees including Public Sector Undertakings and Central and Local bodies:

  • Minimum age of applicant: 21 years
  • Maximum age of applicant at loan maturity: 60 years
  • Minimum Net Monthly Income: Rs 15,000
  • Maximum loan available: Rs 15 lacs

Axis Bank Personal Loan Documents Required:

  • Axis Bank Personal Loan Application form
  • Photograph
  • Age proof
  • ID proof
  • Income proof
  • Bank statement
  • Residence proof
  • Signature verification proof

Axis Bank Personal Loan Post Sanction / Pre Disbursement Documentation

  • Loan Agreement duly signed
  • Standing Instruction (SI) Request / ECS Form / Post Date Cheques (PDCs). Security Cheques required for SI and ECS

Qualification or registration proof required for doctors, architects, CA, CS, ICWA, MBA consultant, engineers Documentary proofs required may vary from customer to customer

Axis Bank Personal Loan Interest Rates & Charges

Interest Rates & Charges*
Rate of Interest 15.50% to 24%
Loan Processing Charges 1.50% to 2.00% + Service Tax as applicable
Cheque Bounce Charges Rs. 500 per cheque bounce + Service Tax as applicable
Cheque/ Instrument Swap charges Rs.500 per instance + Service Tax as applicable
Prepayment/ Forclosure Charges Nil
Default Interest Rate @24.00% per annum i.e 2% per month on the overdue installment
Duplicate Statement Issuance Charges


Duplicate Amortization Schedule Charges

Duplicate Interest Certificate

(Provisional/ Actual) issuance Charges
Rs 250 per instance + Service Tax as applicable

Rs 250 per instance + Service Tax as applicable

Rs 250 per instance + Service Tax as applicable
Cibil Report Issuance Charges

Stamp Duty Charges
Rs. 50/- per instance per set+ service tax as applicable Rs. 50/- per instance per set+ service tax as applicable

As per State Stamp Act As per State Stamp Act
Issuance Charges for Photocopy of Loan Agreement/ Documents Rs 250 per instance + Service Tax as applicable