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Axis Bank Personal loan

  • Axis Bank Personal loan will meet all your personal requirements. Loans are available from Rs 1 lac to Rs 20 lacs, Loans can be used for any purpose with no questions asked regarding the end use of the loan, Simple procedure, minimal documentation and quick approval.

    Features and benefits of Axis Bank Personal Loan
    1. Attractive Personal Loan Rates
    2. A balance transfer facility available for those who want to retire any higher cost debt
    3. Loans available against repayment track record of any existing Auto Loan, Personal Loan or Home Loan
    4. Zero balance SB account facility for Personal Loans customers
    5. Simple procedure, minimal documentation and quick approval

    Eligibility for Axis Bank Personal Loan

    Eligibility Criteria Loan Amount
    25 – 70 years of age. The minimum loan amount is Rs. 25,000 and the maximum loan amount could be up to Rs. 10,00,000 based on the Bank’s qualifying criteria.

    Self Employment

    Eligibility Criteria Salaried Self Employed
    Age 21 – 60 years 24 – 65 years
    Annual Income Rs 1,80,000 (p.a) Rs 2,00,000 (p.a)
    Loan Amount Offered 50,000 – 10,00,000 1,0,,000 – 10,00,000
    Tenure 12 – 60 months 12 – 60 months
    Current Experience Minimum 1 year Minimum 3 years
    Documentation 1) Identity proof: Passport or voter’s card or driving license or PAN card and photograph
    2) Income proof: Latest salary slip showing all deductions or Form 16 along with current dated salary certificate (for salaried)
    3) Proof of telephone: Latest bill of landline or mobile or WLL stating name of borrower or address of borrower employment proof or business continuity proof
    4) Residence proof: Ration card or passport or latest electricity bill or latest telephone bill or latest credit card bill bank statements, last 6 months bank statements
    1) Identity proof: Passport or voter’s card or driving license or PAN card and photograph
    2) Income proof: ITR (last 2 years) and computation of income (last 2 years) certified by a CA, balance sheet, profit and loss statement (for self-employed)
    3) Residence proof: Ration card or passport or latest electricity bill or latest telephone bill or latest credit card bill bank statements, last 6 months bank statements
    4) Proof of telephone: Latest bill of landline or mobile or WLL stating name of borrower or address of borrower employment proof or business continuity proof
    5) Business continuity proof
    Published on August 5, 2010 · Filed under: Axis Bank Personal loan, Personal Loan;
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