Axis Finance Personal Loan

Axis Finance Personal Loan

Axis Finance Personal Loan

A person who is looking for loans to address specific financial needs may want to explore the various personal loan options in the market. One option is Axis Finance Personal Loans.

Axis Finance Personal Loans is a solution that has been specifically designed to cater to the needs of individuals, small businesses, and homebuyers. If you are looking for a loan that can be used for purposes such as house renovation, weddings, children’s education, or holiday celebrations, then you might want to explore this option.

Features of Axis Finance Personal Loans

  • Interest Rates: The interest rates range between 13% to 18%, depending on the person’s occupation, credit score & income.

  • Tenure: The repayment period typically spans 12 to 60 months.

  • Loan Amount: The loan amount disbursed is up to ₹40 Lakhs for a salaried person & up to ₹1 Crore for a self-employed person.

  • Processing Fees: Bank processing fees range between 1.5% to 3%

  • Loan Disbursement Time: The turnaround time for loan disbursement from axis bank can be around 2 to 3 days.

Benefits of taking Axis Finance Personal Loan

  • Best interest rates

  • A hassle-free process with minimum documentation

  • Suitable loan repayment period

  • Easy & convenient repayment option

  • No collateral required

  • Fast loan disbursement

  • Easy pre-payment & re-payment knowledge support from the team.

Documents Required For Axis Finance Personal Loan?

Documents required for salaried person:

  • Identification Proof: Pan Card, Aadhar Card, Voter ID, Passport.

  • Proof of address includes a driver's license, voter identification, utility bills (electricity, water, and gas), and a registered rental agreement.

  • 3 months of bank statements.

  • Salary Slips and the most recent Form 16 or ITR, or the offer letter from your employer.

Documents required for self-employed person:

  • Identification Proof: Pan Card, Aadhar Card, Voter ID, Passport.

  • A passport, driver's license, voter ID, utility bills (electricity, water, and gas), and registered rental agreement are acceptable forms of residence proof.

  • Date of birth proof: Passport, driver's license, pan card, birth certificate, 10th or 12th-grade report card, or an Aadhar card.

  • Bank Statements: Most recent 3 or 6 months of bank passbook

  • Balance Sheet and Profit & Loss Account for the most recent two years, officially attested by a Chartered Accountant & also latest income tax returns.

Axis Finance Personal Loan Eligibility

Eligibility Factors

For Salaried

For Self Employed

Min Age

21 Years

25 Years

Min Income

20,000/- Per Month

5,00,000/- Annually

Work Experience

A minimum of one year should have been spent working for the current employer.

3 years of business with the appropriate certifications and license.

Steps for getting Axis Finance Personal Loan From Loanz99?

Step 1: Visit our website loanz99

Step 2: You will find a form for a Quick apply loan.

Step 3: Enter all your required details & submit the form.

Step 4: You will be taken to successful form confirmation.

Step 5: Loanz99 team will check your eligibility & will contact you for further details

The aim of loanz99 is to help you get access to your personal loan with instant support from the loanz99 team & our partner axis bank.Apply for your loan today with loanz99.

FAQs On Axis Finance Personal Loans

How much personal loan can I get from Axis?

You can get up to ₹40 lakhs if you are a salaried person & up to ₹1 crore if you are a self-employed person.

What is the minimum salary to get a personal loan from Axis Bank?

Axis bank has not set any minimum salary amount for availing their personal loan, but on average, a person earning somewhere between ₹20,000 to ₹25,000 should be an ideal amount for a personal loan with a required credit score.

What is the personal loan interest of Axis Bank?

The interest rates vary from 13% to 18%, depending on credit score, income, and occupation.

What is the lowest EMI from axis finance personal loan?

If you apply for ₹1 Lakh, then the lowest EMI calculated for a 13% interest rate will be ₹2275 with longest tenure of 60 Months

Why should I take an Axis bank personal loan?

The prime reasons for choosing your personal loan with axis Bank are fast amount disbursement, no collateral, best interest rates & best support from the team.

Do I need any collateral or security to get a personal loan from Axis Finance?

Being an unsecured loan, there is no requirement for any collateral or security.

What is the minimum credit score needed to avail of the personal loan from Axis bank?

The person must have a minimum CIBIL Score of 650 to be eligible for the personal loan in axis bank.