Loan Against Property

Starting as low as 11.0%

Carry over an existing loan to Axis Bank and get additional refinance

Apply for and handle your loan from the comfort of your home or office with service at your doorstep

Lease Rental Discounting and Overdraft facility against property

Repayment:
Maximum repayment period is 20 years

Security:
Equitable Mortgage of the property to be financed, by way of deposit of title deeds

Insurance:
Customer can avail Property and Personal Accident insurance cover as per the guidelines and arrangements with the insurer/underwriter. This is optional

Processing Fee:
A Processing Fee equivalent to 1% of the loan amount sanctioned(taxes as applicable) inclusive of a non-refundable login fee of Rs. 5000/-(taxes as applicable)

Penalty for early closure:
Pre-payment charges if any applicant is Non Individual - 2% will be charged if the amount exceeds 25% of the principle outstanding during a quarter, otherwise no penalty will be charged in case of all loans. In case of take-over/transfer of your loan from Axis Bank Limited by/to any other bank/housing finance company/financial institution, a prepayment penalty of 2% on the principal outstanding will be recovered

Other Conditions:

• Bank reserves the right to reject any application without assigning reasons thereof
• The applicant will undertake to inform the Bank as and when there is a change in address or employment
• The terms and conditions mentioned above and elsewhere under the scheme are subject to modification from time to time solely at Bank's discretion