Axis bank provides you quick and easy home loans to buy a new house/flat. The home loan offered by the bank has attached features like attractive interest rates, balance transfer facility,Quick and transparent processing, doorstep service and option to choose from floating or fixed rate of interest. In case you want funds for booking a house/flat then bank gives you pre-allotment booking finance. Even NRI can take the loan for purchasing a ready to use residential property.
Highlights
Interest Rate
0%
Loan Amount
For Loan upto Rs. 20 Lacs - 15%
For Loan above Rs. 20 Lacs to upto Rs. 75 Lacs - 20%
For Loan above Rs.75 Lacs - 25%
Tenure
Min. - 5 Yrs.
Time to Process Loan
7 days
Interest Rates
Tenure
Interest Type
Interest Rate
Offer
1 - 25 Yrs.
Floating
10.25 %
Regular (Loans up to Rs.25 lacs - 10.25% p.a.
Loans above Rs.25 Lac - 10.75% p.a.
top up - 12.25% p.a)
1 - 25 Yrs.
Fixed
11.75 %
Fees & charges
Fees & charges
Processing Fee
1 %
Cheque Bouncing Charges
500 Rs
Late Payment Penalty
2 %
Pre-Payment Charges
2 %
Cheque Swapping Charges
500 Rs
Changing Fixed to Floating rate of interest Charges
1 %
Changing Floating to Fixed rate of interest Charges
1 %
Eligibility Criteria
Eligibility Criteria
Salaried
Salaried:
Annual Income
Rs 140000
Age
Min.: 25 Yrs. Max.: 55 Yrs.
Documents Required:
ID Proof
Yes
Residence Proof
Yes
Income Proof
Yes
Telephone
Yes
Photograph
Yes
Bank Statement
Yes
Signature Proof
Yes
Security
Security
Equitable mortgage of the property to be financed by way of deposit of title deeds.