Axis Bank Home Loan

Axis Bank Home Loans are affordable, flexible, and easy to apply. Axis Bank Home Loan interest rates start at 8.75% per annum. Axis Bank Home 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:

*Interest rates and charges are subject to market conditions and bank’s discretion.

Also check: home loan interest rate in detail.

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 mentioned eligibility criteria to get an Axis Bank Home Loan. You can use an Axis Bank Home Loan eligibility calculator to check whether you are eligible or not.

Also Check: Home Loan Eligibility Criteria Details

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 an Axis Bank 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 an Axis Bank 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 ₹5 Crores for salaried and self-employed Indian customers at attractive fixed and floating interest rates with an extended tenure of 30 years.

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

• Shubh Aarambh Home Loan: Home loans of up to ₹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 the 4th, 8th and 12th year with no extra costs, and zero prepayment charges.

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

• Asha Home Loan: Home loans of up to ₹35 Lakhs for an extended tenure of 30 years are available on a minimum combined family income of ₹8,000 per month.

• Top-up Home Loan: Top-up Home Loan of up to ₹50 Lakhs for existing Axis Bank Home Loan customers and for Balance Transfer customers. Get additional financing on the same property.

• Super Saver Home Loans: Home loans of up to ₹5 Crores with an extended tenure of 30 years. Comes with an overdraft facility to help you save on interest costs.

The LTV for all these loans is as follows:

You can contact 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