Axis Bank offers home loans with interest rates starting from 8.75% p.a., providing loan tenures of up to 30 years and financing up to 90% of the property’s value. Axis Bank ’s home loan options cater to a variety of needs, including purchasing, constructing, or renovating homes, and are available to both salaried and self-employed individuals.
The bank also provides a home loan balance transfer facility for borrowers looking to transfer their existing loans from other lenders at lower rates. Additional features include top-up loan options, easy documentation, quick approval, and flexible repayment plans, making Axis Bank home loans a convenient solution for a wide range of customers.
Axis Bank Home Loan Highlights Interest Rate* 8.75%-13.30% p.a. Loan Amount (LTV Ratio) Rs 1 lakh – Rs 5 crore Loan Tenure Up to 30 years Processing Charges Up to 1% (Min. of Rs. 10,000) + GST
Types of Home Loans
Type of Home Loan Purpose LTV Ratio Tenure Special Features Home Loan Purchase/Construction/Renovation Up to 90% Up to 30 years Flexible repayment options, Balance Transfer, Top-up Loan options Home Loan Balance Transfer Transfer existing home loan balance Up to 90% Up to 30 years Lower interest rates, Top-up Loan options, Quick processing Home Improvement Loan Renovation/Repairs Up to 90% Up to 30 years Customizable repayment options, No processing fee on some loans Home Loan for NRI Purchase/Construction/Renovation Up to 80% Up to 20 years Special interest rates for NRIs, Loan in foreign currency available Pradhan Mantri Awas Yojana (PMAY) Purchase/Construction for economically weaker sections Up to 90% Up to 20 years Interest subsidy under PMAY, Eligibility based on income criteria Top-Up Loan Additional financing on existing home loan Up to 90% Up to 20 years Higher loan amount based on existing loan, Simple documentation
Why Choose Axis Bank Home Loan?
Axis Bank Home Loan Features & Benefits
Choose the correct scheme for you from the options available.
Home loan balance transfer facility is available.
No prepayment charges for paying off loans before the tenure for loans with a floating rate of interest.
Quick and transparent processing.
Special benefits for Premium banking customers.
Tenure up to 30 years to repay the loan.
Repay your home loan at reducing monthly instalments depending on the situation of your finances.
Avail attractive interest rates.
Fixed and floating home loan interest rates available as per your preference.
Axis Bank Home Loan Interest Rate
Customer Type Effective Rate Of Interest For Salaried 8.50% to 9.00% For Self-employed 8.75% to 9.25%
Eligibility Criteria for Axis Bank Home Loan
Requirements Salaried Self-Employed Residency Indian/NRI Indian/NRI Age 24-65 years 24-65 years CIBIL Score Above 750 Above 750
Documents Required for Axis Bank Home Loan
Documents Salaried Individuals Self-Employed Professionals SENP/Co./HUF/Partnership Firm/LLP Passport ✔ ✔ ✔ Driving License ✔ ✔ ✔ Life Insurance Policy ✔ ✔ ✔ Birth Certificate ✔ ✔ ✔ PAN Card ✔ ✔ ✔ School Leaving Certificate ✔ ✔ ✔ Voter ID Card ✔ ✔ ✔ Aadhaar Card ✔ ✔ ✔ Passport-sized Photographs ✔ ✔ ✔ Salary Slips for the last 3 months ✔ ✖ ✔ Income tax returns (last 2-3 years) ✖ ✔ ✔ Bank statements (last 6-12 months) ✔ ✔ ✔ Yearly increment letter ✔ ✖ ✔ Certified true copy of Form 16 ✔ ✖ ✔ Business Profile on letterhead ✖ ✔ ✖ Profit & Loss Projection Statement (2 years) ✖ ✔ ✖ Operative current account statement ✖ ✔ ✖ Bank statements for CC/OD facilities ✖ ✔ ✖ Form 16 or income tax returns (last 2 years) ✔ ✖ ✖ Employment letter or appointment letter ✔ ✖ ✖ income certified by a CA for the last 2 years ✖ ✔ ✔ Financial statements of the firm/company (last 2-3 years) ✖ ✔ ✖
Proof of identity
Address proof
Birth certificate
Income proof
Processing fee cheques
Loan agreement document
Property documents
Own contribution proof
Sanction letter
How to Apply for a Home Loan at the Axis Bank?
You can apply in two ways:
Through the official Axis Bank portal by filling out the application form and tracking the application status online.
Contact Us at +91 636909 5433 or Visit Grow Associates for more convenient option
Axis Bank Home Loan Interest Rates vs Other Banks & HFCs
Bank Up to Rs. 30 Lakh Above Rs. 30 Lakh to Rs. 75 Lakh Above Rs. 75 Lakh Axis Bank 8.75%-13.30% p.a. 8.75%-13.30% p.a. 8.75%-9.65% p.a. Aditya Birla Bank Starting from 8.25% p.a. Starting from 8.15% p.a. Starting from 8.00% p.a. RBL Bank 8.70% per annum 8.60% per annum 8.55% per annum SBI Bank 8.5% p.a. onwards 8.5% p.a. onwards 8.5% p.a. onwards HDFC Bank 8.7% p.a. onwards 8.7% p.a. onwards 8.7% p.a. onwards ICICI Bank 8.85% p.a. onwards 8.85% p.a. onwards 8.85% p.a. onwards Kotak Mahindra Bank 8.70% p.a. onwards 8.70% p.a. onwards 8.70% p.a. onwards Punjab National Bank 8.40% – 12.10% p.a. 8.40% – 12.10% p.a. 8.40% – 12.10% p.a. Bajaj Housing Finance 8.50% p.a. onwards 8.50% p.a. onwards 8.50% p.a. onwards Bank of India 8.4% p.a onwards 8.4% p.a onwards 8.4% p.a onwards TATA Capital 8.75% p.a. onwards 8.75% p.a. onwards 8.75% p.a. onwards
Other Axis Bank Loans
