Axis Home Loan

Axis Bank Home Loans are affordable, flexible and easy-to-apply. Axis Bank Home Loan interest rates starts at 8.10% per annum. Axis Bank Housing Loan also offers extended loan tenures and EMI waivers. 

Take a look at the Axis Bank Home Loan interest rates for different home loans they offer:

Axis Bank charges certain other fees like processing fees which are charged above and over the loan amount, foreclosure fee to close the loan and prepayment fee for prepaying the loan before the tenure ends. Here are the different charges levied by the Axis Bank when you avail an Axis Bank Home Loan.

You have to satisfy the below mentioned eligibility criteria to avail an Axis Bank Home Loan. You can use an Axis Bank Home Loan eligibility calculator to check whether you are eligible or not.

You can use the  Axis Bank Home Loan EMI Calculator to calculate the monthly EMI you have to pay if you get an Axis Bank Home Loan. You can use the one offered by Bajaj Markets, which is very easy to use. Enter your principal amount, rate of interest and the tenure of your loan in the online axis bank home loan calculator and click on ‘Calculate’. It will display your monthly EMI along with the total interest you have to pay for your home loan and the total amount, including principal amount and interest. Calculating your EMI and comparing it with different home loan schemes offered by various financial institutions before choosing one will help you manage your finances.

The table below shows the calculation using the Home Loan Calculator at the various combinations of loan amount and years at the lowest rate of 6.75%.

You can apply for an Axis Bank Home Loan both online and offline.

1. How to apply for Axis Home Loan online?

• Visit the Axis Bank official website and go to the Home Loan section.

• Click on ‘APPLY ONLINE’.

• If you are an existing customer, log in to your account.

• Enter your name, email ID , mobile number, city, state, employment type and other details asked for.

• Tick the terms and conditions box and click on ‘SUBMIT’.

• Verify your account with the OTP sent to your mobile number.

• From there, an Axis Bank professional will guide you through the next stages via phone call or email.

2. How to apply for Axis Home Loan offline?

• Locate the nearest Axis Bank branch and meet an Axis Bank executive.

• Fill out the relevant form handed over to you carefully.

• Carry relevant documents with you.

• Submit your application form and the rest of the documents to the bank staff.

• The bank staff will verify and check the documents and will help you to complete the  Home Loan process.

Here is the complete list of required documents you need to apply for Axis Bank Home Loan:

Here’s a quick run-through of the different types of Axis Bank Home Loans.

• Axis Bank Home Loan: Home loans of up to Rs. 5 Crores for salaried and self employed Indian customers at attractive fixed and floating interest rates with an extended tenure of 30 years.

Axis Home Loan LTV Ratio:

• QuikPay Home Loan: Home loans of up to Rs. 5 Crores with reducing monthly instalments and an extended tenure of 30 years.

QuickPay Home Loan LTV Ratio:

• Shubh Aarambh Home Loan: Home loans of up to Rs. 30 Lakhs are offered under this scheme. An added advantage is that twelve EMIs are waived off on regular payments of EMIs. Four EMIs each waived at the end of 4th, 8th and 12th year with no extra costs, zero prepayment charges.

• Fast Forward Home Loan: Home loans of up to Rs. 5 Crores are provided.  Through this scheme twelve EMIs are waived off on regular payments of EMIs. Six EMIs waived at the end of 10th and 15th year with no extra costs, zero prepayment charges.

Fast Forward Home Loan LTV Ratio:

 

• Asha Home Loan: Home loans of up to Rs. 35 Lakhs for an extended tenure of 30 years are available on a minimum combined family income of Rs. 8000 per month.

LTV Ratio: Loan amount upto Rs 30 Lakh (Upto 90% of Property Cost)

• Top-Up Home Loan: Top Up loan for existing Axis Bank Home Loan customers and for Balance Transfer customers. Get additional financing on the same property.

• Power Advantage Home Loans: Home loans of up to Rs. 5 Crores with an extended tenure of 30 years.

LTV Ratio:

Axis Bank Home Loan has different features and benefits that will help bring you one step closer to your dream home.

• Competitive interest rates: Axis Bank Home Loan interest rates are comparatively low and start from 8.10% onwards. This varies from person to person and depends on your age, repayment ability, annual income etc.

• Option to choose interest rates: As per your preference, you can choose floating interest rate or fixed interest rate as your Axis Bank Home Loan rate. A floating interest rate changes as per the market conditions throughout your loan tenure, whereas the fixed-rate remains the same.

• Minimum loan amount: You can opt for a minimum loan amount of Rs. 3 Lakhs and avoid the burden of unnecessary huge EMI payments.

• No prepayment charges: There are no extra prepayment charges for your home loan on the floating loan interest rates.

• Convenient loan processing: You can have a quick and easy loan disbursement experience with easy documentation procedures.

• Balance Home Loan Transfer: You can transfer your existing home loan to Axis Bank to avail low-interest rates and save more money every month by paying low EMIs.

You can contact the Axis Bank’s customer care for any queries related to Axis Bank Home Loan through the toll-free number 18604195555 or 18605005555. NRI customers can contact Axis Bank through the customer care number 912267987700. Axis Bank Home Loan complaints can be addressed to their head office as well. The head office address is listed as follows:

Axis Bank Limited, ‘Axis House’, C-2 Wadia International Centre, Pandurang Budhkar Marg, Worli, Mumbai – 400 025