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  #1  
18th December 2015, 11:09 AM
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Personal Loan Axis Bank

I am planning to open an account in the Axis Bank and for this I want to know some details about this bank. Will you please tell me about Personal loan axis bank details also tell me Eligibility to take loan if possible provide me loan interest rate of this bank?
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  #2  
18th December 2015, 11:29 AM
Super Moderator
 
Join Date: Apr 2013
Re: Personal Loan Axis Bank

Axis Bank Limited is the third largest private sector bank in India. As this bank is classified as a private sector bank, Axis Bank's promoters, are all entities owned and controlled by the Government of India.

Personal loan axis bank details:


Axis bank’s personal loans will give you a helping hand meet all your personal requirements.

Loans available for salaried individuals
Loans are available from Rs 50,000/- to Rs 15,00,000/-
Repayment tenures from 12 to 60 months
Best in Class Rate of Interest
Loans at higher rates can be transferred to Axis Bank with our Balance transfer facility.
Simplified documentation.
Simple procedure, minimal documentation and quick approval

Eligibility to take loan:


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

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

Default Interest Rate
@24.00% per annum i.e 2% per month on the overdue installment

Contact:

Corporate Office

Axis Bank Limited, Corporate Office, Bombay Dyeing Mills Compound
Pandurang Budhkar Marg
Worli, Mumbai - 400 025
Tel: (022) 2425 2525


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