Are you in dire need of funds? Axis Bank Loan is a loan scheme by Axis Bank. It offers individuals and businesses Bank Loans at a competitive interest rate. That is borrowers will not have to fret over high-interest rates. Unlike other commercial Banks. Also, Axis offers varieties of loans to individuals depending on the need of the borrower.
Some of the Loan schemes you can get from Axis Bank include Home Loans, Personal Loans, Business Loans, Car Loans, and so on. Also, there is a relaxed payment method. You don’t have to get yourself all worked out to repay loans. However, to apply for a loan on the platform, you have to check out if you are eligible for the loan. But, the online loan application process is not complicated as some Bank loan application processes.
Range of Loan Available on Axis Bank
Axis Bank has different types of Loan schemes to fit your needs. You can check out this list to determine the kind of loan you can apply for.
- Home Loan
- Personal Loan
- Business Loan
- Car Loan
- Two Wheeler Loan
- Loan against Security
- Gold Loan
- Loan against Property
- Holiday Loan
- Commercial Vehicle and Construction Loan
- Education Loan
- Loan against FD
Axis Bank Personal Loan Eligibility
Before you can apply for a loan from Axis Bank, you have to check if you are eligible for the Loan. To get started, you can make use of Axis Bank loan eligibility calculators. You can make use of the different Loan calculators to check your eligibility for the type of loan you want to apply for. All you have to do is to visit axisbank.com/retail/eligibility-calculator and fill out the online form to determine your eligibility.
Requirements to Apply for a Loan
Before you can apply for a loan you need to meet certain requirements. If you don’t meet up to do these requirements, your loan application may not be approved. Below is the requirement for a personal loan.
- You must be a Salary earner
- Minimum age range is 21 years
- Maximum age range is 60 years
- Employees of both private and public sector can apply
- Minimum net monthly income-Rs. 15,000
Documents Required to Apply for a Loan
- Well filled application form online or any Axis Bank branch
- KYC documents
Axis Bank Loan Application
Loan application on Axis Bank is pretty easy. You don’t have to go through a complicated process in order to obtain a loan. After you have checked your eligibility status, you now know the loan amount to apply for. So now you can go ahead to follow this process to apply for a loan.
- Visit axisbank.com/retail/loans
- Select the type of loan you want and click on Apply Online
- Select the type of customer you are
- Select your Income Range
- Next, Enter the correct answers on the online form
- Click on submit
- Provide your account details and follow the onscreen instructions
Finally, after you have submitted your loan application and your loan application is approved, and then you can now wait for a direct deposit into your bank account within a few minutes of applying.