Axis Bank Personal Loan Apply Online 2025: Axis Bank Personal Loan Apply Online 2025: As a personal loan offers the user some attractive interest rate and flexible repayment options, Axis Bank has come up. If you are thinking of getting a personal loan, you can apply at Axis Bank. It offers loan amount from ₹50,000 to ₹40 lakh catering to both small and big financial needs. We’ve done this article with utmost classiness that helps you get ready to apply for the Axis Bank Personal Loan online at the best possible rate of interest with utmost eligibility.
Axis Bank Personal Loan Apply Online 2025 in overview
- Loan Amount: ₹50,000 to ₹40 Lakh
- Interest Rate: Starts from 10.49% per annum
- Processing Fee: Up to 2%
- Repayment Period: From 1 year to a maximum of 7 years
- Official Website: www.axisbank.com
How to Get an Axis Bank Personal Loan?
These loans can be personal loans as also personal requires like for medical emergencies, home renovation, education, or travel. It is the completely digital process, so pretty convenient and quick. And customers who are eligible may also receive an Instant Personal Loan pre-approved, with no waste of paperwork necessary.
You can borrow from ₹50,000 to ₹40 lakh and have the flexibility of repayment for 1 year to a maximum of 7 years. But they require you to meet certain Axis Bank’s terms and conditions, i.e. you have to fulfil certain criteria and submit documents.
Axis Bank Personal Loan Interest Rates
Axis Bank Personal Loan interest rate begins from 10.49 % per annum. However, the rate you will charged for the loan actually depends on several factors like the loan amount, your job profile, your CIBIL score (credit score), your financial transaction history and your income monthly. You may be offered a lower interest rate if your financial track record is good.
In addition to the interest rate, Axis Bank charges a processing fee, which can go up to 2% of the loan amount.
Eligibility Criteria for Axis Bank Personal Loan
To apply for an Axis Bank Personal Loan, you need to meet the following eligibility requirements:
- Source of Income: You must have a steady source of income.
- Employment Type: Axis Bank offers personal loans to employees of private sector companies, public sector undertakings (PSUs), government employees, and professionals like doctors.
- Age: You must be at least 21 years old when applying, and your age should not exceed 60 years at the time of loan maturity.
- Minimum Monthly Income: Your monthly income should be at least ₹15,000.
- KYC Documents: You need to have valid KYC documents (Aadhaar card, PAN card, passport, voter ID, etc.).
Documents Required for Axis Bank Personal Loan
When applying for an Axis Bank Personal Loan, you need to provide the following documents:
- Completed Loan Application Form: Fill out the personal loan application form correctly.
- Passport-Sized Photograph: A recent passport-sized photo.
- KYC Documents: Identity proof (Aadhaar card, PAN card, passport, voter ID, etc.) and address proof (utility bills, Aadhaar card, etc.).
- Income Proof: Recent salary slips (last 2 months), bank statements (last 2 months), and employment verification for the past 1 year.
- Other Documents: Birth certificate, address proof, and any other documents requested by the bank.
How to Apply for Axis Bank Personal Loan Online?
Applying for an Axis Bank Personal Loan online is simple and can be done in a few easy steps. Follow the process below to apply:
- Visit Axis Bank’s Official Website: Go to www.axisbank.com.
- Click on “Apply Now”: On the homepage, click on the “Apply Now” button under the “Instant Personal Loans” section.
- Fill Out the Application Form: A form will appear asking for details such as:
- Are you an existing Axis Bank customer or not?
- Mobile number
- Name
- State and City
- Employment type
- Loan type
- Monthly income
- Whether you have identified a property or not Fill in the required details and click on the “Submit” button after entering the Captcha code.
- Submit the Form: After submitting the form, the bank will review your details. You will receive a call from Axis Bank representatives who will guide you through the next steps, including further documentation and processing fee payment.
- Provide Documents: You will be asked to submit your KYC documents and proof of income. The processing fee will also be collected during this stage.
- Loan Disbursement: Once all documents are verified and the loan is approved, the loan amount will be disbursed to your bank account.
Why Choose Axis Bank for Personal Loan?
- Attractive Interest Rates: Axis Bank offers competitive interest rates starting at 10.49% per annum.
- Flexible Loan Amount: With loan amounts ranging from ₹50,000 to ₹40 lakh, Axis Bank provides the flexibility to meet both small and large financial needs.
- Quick Online Application: The digital process makes applying for a personal loan hassle-free and fast.
- Pre-Approved Loans: For eligible customers, Axis Bank offers pre-approved instant loans, reducing the time required for loan approval.
- Long Repayment Period: The option of repaying over 1 to 7 years offers flexibility in managing your finances.
For more information, you can visit Axis Bank’s official website www.axisbank.com
Braj Verma is a resident of Rajgarh in Madhya Pradesh and is a content writer and freelancer by profession. He has a degree in Political Science from Barkatullah University, Bhopal. He has expertise in subjects like credit cards, banking, loan, insurance, political analysis and digital marketing.
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- Braj Varmahttps://financialdost.com/author/brajmohanvarma51/
- Braj Varmahttps://financialdost.com/author/brajmohanvarma51/
- Braj Varmahttps://financialdost.com/author/brajmohanvarma51/