#1
4th March 2016, 02:44 PM
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Axis Personal Loan
Sir I am looking for the personal loan for Salaried Employees from the Axis Bank Limited so can you tell me the details for the same
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#2
4th March 2016, 02:45 PM
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Re: Axis Personal Loan
Hey buddy the Axis Bank Limited is the third largest private sector bank in India. Axis Bank's stake holders include prominent national and international entities. Personal loan eligibility for Salaried Employees Salaried Doctors, employees of select MNCs, Public and Private 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 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 Salient Feature 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 As of 31 Dec. 2013, approximately 43% of the shares are owned by Foreign Institutional Investors |