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  • Loans

    Personal Loan

    Fund your travel with Axis Bank Personal Loan with zero foreclosure charges*

     

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    Business Loan

    Providing quick and convenient financial solutions with zero foreclosure charges*



     

Simplified Access

Minimal documentation and quick approval

Loan Amount

Minimum - Rs. 50,000
Maximum - Rs. 15,00,000

Balance Transfer

Carry over existing loans from other banks to Axis Bank

Features and Benefits



A personal loan ensures that you need not go back on your targets that you have set for yourself. Be it the perfect wedding for your daughter, the complete renovation for your new apartment or a fun-filled holiday for your family. Get the best personal loan Interest Rate with Axis Bank. Here are the list of charges and interest rate details for personal loans.

Fixed Rate Loan 1 year MCLR Spread over 1 year MCLR Effective Interest rate Reset
Personal Loan 8.70% 7.05%-15.30% 15.75%-24% No Reset


Schedule of charges**

Loan Processing Charges 1.50% to 2.00% + GST as applicable
Cheque Bounce Charges Rs. 500 per cheque bounce + GST as applicable
Cheque/ Instrument Swap charges Rs.500 per instance + GST as applicable
Prepayment/ Forclosure Charges Nil
Default Interest Rate @24.00% per annum i.e 2% per month on the overdue installment
Duplicate Statement Issuance Charges
Duplicate Amortization Schedule Charges
Duplicate Interest Certificate (Provisional/ Actual) issuance Charges
Rs 250 per instance + GST as applicable
Rs 250 per instance + GST as applicable
Rs 250 per instance + GST as applicable
Cibil Report Issuance Charges
Stamp Duty Charges
Rs. 50/- per instance per set+ GST as applicable
As per State Stamp Act
Issuance Charges for Photocopy of Loan Agreement/ Documents Rs 250 per instance + GST as applicable

**(Subject to change as per Bank’s discretion from time to time)

** Goods and Services tax (GST) will be charged extra as per the applicable rates, on all the charges and fees (wherever GST is applicable)

For further details, please click here

Rate of Interest 15.75% to 24%
Loan Processing Charges 1.50% to 2.00% + GST as applicable
Cheque Bounce Charges Rs. 500 per cheque bounce + GST as applicable
Cheque/ Instrument Swap charges Rs.500 per instance + GST as applicable
Prepayment/ Forclosure Charges Nil
Default Interest Rate @24.00% per annum i.e 2% per month on the overdue installment
Duplicate Statement Issuance Charges
Duplicate Amortization Schedule Charges
Duplicate Interest Certificate (Provisional/ Actual) issuance Charges
Rs 250 per instance + GST as applicable
Rs 250 per instance + GST as applicable
Rs 250 per instance + GST as applicable
Cibil Report Issuance Charges
Stamp Duty Charges
Rs. 50/- per instance per set+ GST as applicable
As per State Stamp Act
Issuance Charges for Photocopy of Loan Agreement/ Documents Rs 250 per instance + GST as applicable

**(Subject to change as per Bank’s discretion from time to time)

** Goods and Services tax (GST) will be charged extra as per the applicable rates, on all the charges and fees (wherever GST is applicable)

For further details, please click here





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