Axis Bank Home Loan

Axis Bank home loan available at interest rates of 8.65%. Borrowers will check Documents, Eligibility, EMI per lakh, Repayment options, loan amount, prepayment charges online at deal4loans.com. Axis Bank offers affordable & flexible Housing/Home Loans online which are available with Nil prepayment charges, Low Interest rates, Quick processing & Flexible repayment which makes your owning experience of dream home sweet & stress-free

Key Highlights of Axis Bank Home Loan

Interest Rates	8.65% - 10.40%
Processing Fees	0.40% to Rs.20000 maximum
Pre payment Charges	Nil
Loan Amount	upto 90% of market value

Lowest EMI	Rs.780 per 1 lakh
Min. Income	Rs.12000/- p.m
Loan Repayment	1 to 30 years
Fixed Interest Rates for others upto 30 Years	9.75% - 10.10%

Features & Benefits of Axis Bank Home Loan:

Flexible Interest Rates – You have option to choose Floating or fixed rate
Special Balance Transfer Schemes Available
Doorstep Service which makes your loan process Easy and convenient
Nil Pre Payment charges means you can pre pay loan at any time without Penalty. (valid only in floating rate option)
Longer Repayment Period of 30 Years.
eDGE Loyalty Points on Home Loans.

Axis Bank Home Loan Interest Rates: Updated on 02 February 2017

Marginal Cost Based Lending Rate (MCLR) – 8.15%

Loan Amount / Product	Interest Rates	Processing Fees

Salaried Home Loan upto 75 Lakh	8.65%	5000 + ST
Salaried Home Loan above 75 Lakh	8.70%	10000 + ST)
Salaried Home Loan 2 Crore – 5 Crore	8.85%	15000 + ST
Self Employed Upto 75 Lakh	8.70%	0.20% + ST or Rs.10000
Self Employed Above 75 Lakh	8.75%	0.20% + ST or Rs.10000
Empower / Saksham Home Loans	9.60%	0.20% + ST or Rs.10000
Asha Home Loan – Vanilla	10.15%	0.50% + ST or Rs.10000
Asha Home Loans – All Surrogates	10.50%	0.50% + ST or Rs.10000

Other Enablers:

For BT, Upto 3 Cr, MCLR without any markup.
Top up loan upto 100% is being offered at MCLR without any markup
No PF on BT and for upto 30% top up.
LAP PSL loan @10%
No EM Charges on pre-qualified BT loans.

Super Saver Home Loans

Only for major cities:-

Delhi NCR, Mumbai (incl Thane & Navi Mumbai), Bangalore, Pune, Kolkata, Chennai & Hyderabad.

Super Saver gives the customer an option to park additional funds which will reduce the interest obligation on the home loan to the extent of the funds parked, with the flexibility to withdraw the funds anytime. In order to provide the customers with the flexibility to redraw excess funds parked by him, Super Saver account comes with an ATM card, cheque book, internet and phone banking facility.

Features & Norms:

Loan Amount	Rs 1 crore & above
Current Location	Delhi & Mumbai (shall be extended to other locations subsequently
Tenure	Upto 20 years (additionally upto 24 months moratorium for under construction properties)
Customer Type	Resident Indians Only- Salaried & Self-Employed
Product Variants	Vanilla Home Loan & Balance Transfer - Income Based Program
Principal reduction optionss	a) EMI based: Works similar to a Standard Home Loan (Term loan). EMI is calculated (comprising of Principal & Interest) which is the maximum outflow. However, the actual outflow may be lesser than the EMI depending on the utilisation of principal (excess funds parked in the account) resulting in lower than the projected interest. b) Equated Principal Amortisation: The Principal repayment is distributed equally over the loan tenure & interest is payable on the actual utilisation of the principal.
Repayment	No separate repayment mode is required to be collected. Customer needs to ensure that the funds equal to principal repayment & interest are available on the cycle date in Super Saver account.
FOIR	70% (10% lower FOIR under Equated Principal Amortisation)

List of Home Loan documents required

Purpose	Salaried	Self Employed

Proof of Identity and Address	Passport or Voter's ID card or Driving License or Job Card issued by NREGA or Adhaar Card or PAN card (PAN Card only as identity proof) or any other document as acceptable to the Bank
Proof of income	Latest 3 Months salary slip showing all deductions and Form 16	IT returns for the last 2 years and computation of income for the last 2 years certified by a CA
Bank statement or Pass Book where salary or income is credited	Last 6 months	Last 6 months
Guarantor form	Optional	Optional

Axis Bank Home Loan Eligibility Criteria

A) - Salaried Individuals

Individuals in permanent service in the Government or reputed companies
Applicants should be above 24 years and between 60 years at the time maturity

B) - Professionals

Professionals (ie, doctors, engineers, dentists, architects, chartered accountants, cost accountants, company secretary, and management consultants only) can apply.
Applicants above 24 years of age at the time of loan commencement and up to 65 years or less at the time of loan maturity meet our housing loan criteria.

C) - Self Employed Individuals

Any individual filing income tax returns can apply
Applicants should be above 24 years of age at the time of loan commencement and up to 65 years or less at the time of loan maturity check your loan eligibility by using Moneyatdoorstep Home Loan Eligibility Calculator

What criteria will AXIS Bank look at to decide my eligibility for a Home Loan?

Among the multiple factors that AXIS Bank considers in determining Home Loan eligibility are:

Income of all applicants.
Age of the primary applicant.
Number of dependents that the applicants have to support.
Age of the primary applicant.
Assets and liabilities of the applicants.

Axis bank home loan procedure?

Once bank receive a completed application form along with the necessary supporting documents two things happen:

Determination of your eligibility for the Home Loan:For this bank consider internal policy guidelines and also examine all the documents submitted by you. If you are deemed eligible, you will get an approval for a specific loan amount based on your requirement, repayment capability and the value of the property. Axis Bank will convey its decision within 30 working days from the date of receipt of the application provided the application is complete in all respects. The computation of 30 days shall starts from the day on which all documents required for a proper appraisal of the application are provided by the Customer to bank. Legal and Technical verification: Lawyers and property valuers empanelled by the Bank will verify your title documents conduct a technical evaluation of the property. Once both these are complete, the Bank will process the disbursement of your Home Loan.

Axis Bank Home Loan Centre Address all over the India

Loan Centre	Address
New Delhi	Upper Ground Floor & First Floor Himalaya House, Cannought place, Kasturba Gandhi Marg, New Delhi - 110001
Lajpat Nagar	Ground and First Floor Ravissance House 1, Ring Road, Lajpat Nagar - IV, New Delhi - 110024, Delhi, India.
Meera Bagh	A-356, Meera Bagh, New Delhi - 110087, Delhi.
Jayanagar, Bangalore	2nd, 3rd & 4th floor, 8, Sona Tower, 32 E Cross, 4th block, Jayanagar, Opp Sanjay Gandhi hospital, Bangalore - 560041.
Sahakaranagar	No.19, 60 Ft. Road, Sahakaranagar, Bangalore - 560 092.
Whitefield	2nd floor above Bata showroom, No. 3, Kundanhalli Main Road, Bangalore- 560 037
BTM Layout	5th Floor, Harbhajan Building, CST Road, Opp. Raheja Central, Nr.Nafa Bus Stop, Kalina, Santacruz East, Mumbai-400098
Pune	Pride House,Ground Floor, Opp NIC, Near Pune University Circle, Ganesh Khind Road, Shivajinagar, Pune – 411016
Chennai	Centennial Square, 2nd Floor, No 6 A, Dr.Ambedkar Road, Opp to Hotel Brown Star, Kodambakkam, Chennai - 600 024.
Coimbatore	No439, Magnum Towers, 2nd Floor, Dr. R Nanjappa Road, Gandhipuram, Coimbatore -641018

Registered Office- Axis Bank Limited,

"TRISHUL", Third Floor,

Opp. Samartheshwar Temple,

Nr. Law Garden, Ellisbridg

Ahmedabad - 380 006

Disclaimer : Please note that the interest rates and eligibility criteria given here are based on the market research. To enable the comparisons certain set of data has been reorganized / restructured / tabulated. Users are advised to recheck the same with the individual companies / organizations. This site does not take any responsibility for any sudden / uninformed changes in interest rates.