Special Current Offers From Axis Bank
To keep its customers ahead Axis Bank issues Special offers from time to time, these offers include a discounted Rate of Interest, Processing fees & other Benefits for Personal Loan Applicants.
Changing market scenarios, Festival Times or simply discounted offers Axis Bank is bound to have a special tailor made offer for you!
We at www.yourloanadvisors.com are sure to keep our customers well informed about the current Offerings; to enable you to get the best deal for your Personal Loan!
|Navoch Offer||For Axis Bank Salary Account Holders|
|Company Cat||Rate Of Interest(CSG Account Holder)|
|Income Band (NTH)|
|>=25K – <35 K||>=35k – <50k||>50k-<75k||>=75k|
|CAT C /Govt||17.25%||16.49%||13.25%||11.75%|
|Sarvottam Offer||For Fresh Loans|
|Company Cat||Rate Of Interest(Saving/NTB)|
|Income Band (NTH)|
|>=25K – <35 K||>=35k – <50k||>=50k-<75k||>=75k|
|CAT C /Govt||17.49%||16.75%||13.99%||11.99%|
|Shatranj Offer For Balance Transfer|
|Net Salary||Rate Of Interest||Processing Fees|
|AXIS BANK Personal loan offer for HOME GAURD & BLUE COLLAR EMPLOYEES|
|Minimum Net Income||INR 35,000 p.m.|
|Minimum Loan Amount||INR 50,000|
|Maximum Loan Amount||NMI||Max Loan|
|Age Criteria||Minimum Age 21 years|
|Maximum Age 60 years at the time loan closure|
|Work Experience||Minimum 1 year|
|Loan Tenure||12 to 60 Months|
|* subject to all other validity criteria of AXIS Bank|
Types Of Personal Loans Offered
Fresh Personal Loan
All Salaried Applicants are eligible to apply for a fresh personal loan from Axis Bank; the company they are working with should be featuring in the Axis Bank Company List & the profile of the applicant should be eligible as per the Personal Loan policy of Axis Bank.
Personal Loans from Axis Bank are forwarded without any guarantees or collaterals, on the basis of the documentation provided. The rate of Interest offered starts from 10.99% onwards.
The processing of the personal loan is quick & convenient & the terms & conditions offered are flexible & customer friendly: making the Axis Bank Personal Loan experience fulfilling & hassle free.
Balance Transfer Of A Personal Loan To Axis Bank
A Personal Loan from Axis Bank is most sought after as the product offerings are most beneficial to the customer; with a Balance transfer of his Personal Loan to Axis Bank the applicant will experience numerous benefits with the flexible terms offered.
Axis Bank offers to take over an existing Personal Loan of an applicant from an external Bank, through the Balance Transfer Process. Thereafter conduct your loan with convenient & customer friendly terms from Axis Bank.
Major conditions to be met are as follows;
- The profile of the applicant should meet the eligibility criteria as per the policy of Axis Bank.
- There should be no delayed payments in the repayment track of the Personal Loan.
- The Pre closure terms & conditions of the external Bank should be met.
The rate of Interest & processing fees are compatible with the best in the market; With the 0% pre closure & part payment offer it is a Good manoeuvre to Transfer your Personal Loan to Axis Bank.
Personal Loan Top Up
A Top Up is an added loan amount to a pre-existing Personal Loan. Personal Loan holders from Axis Bank can apply for an additional loan amount after a period of 9 months.
The existing Personal Loan will be closed & a new Loan will be generated with the Principal Loan amount Balance of the existing Loan & the additional amount required.
The top up amount will be transferred to the customer’s account; a new EMI will be payable henceforth month on month.
Salient Features of a Personal Loan Top Up from Axis Bank
The procedure for a Personal Loan Top Up is similar to a fresh loan: but with a previous relationship with Axis Bank the process is faster.
Any change in profile of the customer is taken into account while processing the Loan. The existing Personal loan must a have an on time payment record.
The CIBIL score of the applicant must be above the required basis points.
The applicant should be eligible to pay the additional amount added to the EMI.
If an extra loan amount is required taking a Top Up from Axis Bank is the best option as it can be paid back at any time.
Details Of Axis Bank Personal Loan Charges
Documents Required For Personal Loan
- Passport size photograph
- Current Residence Proof – (Driving Licence/Passport /Voter ID/Utility Bill/Aadhaar Card)
- ID Proof – (Driving Licence/Passport /Voter ID/Aadhaar Card)
- Pan Card Copy (Date of Birth Proof)
- Aadhaar Card (Mandatory)
- Owner Ship Proof (if Residence is self owned)
- Bank Statement for 3 Months
- Salary Slip for 3 Months
- Form 16 for the Current Year
- Proof of employment for 1 year
Post Sanction / Pre Disbursement Documentation
- Loan Agreement duly signed
- Standing Instruction (SI) Request / ECS Form / Post Date Cheques (PDCs). Security Cheques required for SI and ECS
Qualification or registration proof required for doctors, architects, CA, CS, ICWA, and MBA consultant, engineers Documentary proofs required may vary from customer to customer
Why Axis Bank For Personal Loans
To make a foray into the Personal Loan arena, this was the complete stronghold of stalwarts like HDFC Bank & ICICI Bank. So the Management from Axis Bank hired Strong & Experienced team which has devised an Unrivalled Product.
Never before features have been introduced like 0% Pre closure Part Payment clause, which allows the Applicant to close the loan at any time during the tenure without paying any extra charge.
This special feature gives the customer the freedom to pay back the funds appended as per his own choice & thus close his loan whenever he has the funds, even after a single EMI has been deducted.
Most importance has been given to make the Personal loan from Axis Bank, being individually tailored & streamlined as per customer needs.
About Axis Bank
The Axis Bank is the third largest private Bank in India: with its headquarters based in Mumbai.
Founded in 1993 as the UTI Bank its first branch was inaugurated by Dr Manmohan Singh then Finance Minister of India. UTI (Unit Trust of India) was promoted jointly by the Administrator of the Unit Trust of India (UTI) , Life Insurance Corporation of India (LIC), General Insurance Corporation, National Insurance Company, The New India Assurance Company, The Oriental Insurance Corporation and United India Insurance Company.
The Axis Bank took shape after its merger & amalgamation with the Global Trust Bank. In 2004 the RBI put Global Trust into moratorium and supervised its merger into Oriental Bank of Commerce.
Today with 2,959 branches, 12,743 ATMs and nine international offices: The Axis Bank offers the entire spectrum of financial services to customer segments covering Large and Mid-Corporate, MSME, Agriculture and Retail Businesses. Axis Bank has achieved a reputation for being the most customer friendly Bank.
‘Deepika Padukone’, a Bollywood actress is the brand ambassador of Axis Bank.