Home Loan

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  • Features & Benefits
  • Happy Ending Home Loans
  • Empower Home Loans
  • Real Estate Information Services
  • Special Balance Transfer Scheme
  • Home Loan Eligibility
  • EMI Calculator
  • Documents for Home Loan
  • How much can you borrow
  • Interest Rates & Charges
  • Home Loan FAQs
  • Part Disbursement FAQs
  • Apply for Home Loan
  • Approved Projects
  • Fair Practice Code For Lenders
  • Terms & Conditions

What is the best way to apply for an Axis Bank Home Loan?

You can start the process of applying for a Home Loan in any of the following ways:

  • Online by clicking here.
  • In person at any AXIS Bank Loan Center. To find the one closest to you, please click here.
  • By calling our Call Center at any of these toll free numbers: 1800 233 5577 or 1800 209 5577 or 1800 103 5577.

What is the location and the timing of the AXIS Bank Loan Center closest to me?

For a complete list of AXIS Bank Loan Center addresses and hours of service, click here.

What cirteria will AXIS Bank look at to decide my eligibility for a Home Loan?

Among the multiple factors that AXIS Bank considers in determining Home Loan eligibility are:

  • Income of all applicants.
  • Age of the primary applicant.
  • Number of dependents that the applicants have to support.
  • Assets and liabilities of the applicants.
  • Stability and continuity of the primary applicant's occupation.


To check your eligibility online, please click here.

Can I also avail of a Home Loan for Home improvements or a Home extension?

Yes! You can avail of an AXIS Bank Home Loan from for any of the following:

  • Purchase of a home.
  • Construction of a home.
  • Home repairs.
  • Home improvements.
  • Home extension

Does AXIS Bank offer different types of Home Loan interest rates?

Yes! AXIS Bank offers both Fixed and Floating rates as explained below:

  • Fixed Home Loan rates: The rate of interest applicable for the Home Laon is fixed throughout the term of repayment of Loan.
  • Floating Home Loan rates: The rate of interest applicable for the Home Loan changes with change in the Bank's Base rate.


For details of interest rates offered by AXIS Bank, please click here.

Is it mandatory to have a co-applicant when applying for a Home Loan? If yes, who can be a co-applicant for my Home Loan?

Yes, it is mandatory to have a co-applicant. If someone is the co-owner of the property in question, it is necessary that he/she also be the co-applicant for the Home Loan. If you are the sole owner of the property, any member of your immediate family can be your co-applicant.

What documents do I need to submit along with my application for a Home Loan?

For the List of Documents to be submitted along with your Home Loan application, please click here.

What process does the Bank follow after I apply for an AXIS Bank Home Loan?

Once we receive a completed application form along with the necessary supporting documents two things happen:

  • Determination of your eligibility for the Home Loan: For this we consider our internal policy guidelines and also examine all the documents submitted by you. If you are deemed eligible, you will get an approval for a specific loan amount based on your requirement, repayment capability and the value of the property. If we find we are unable to extend the loan to you, we will communicate the same to you promptly.
  • Legal and Technical verification: Lawyers and property valuers empanelled by the Bank will verify your title documents conduct a technical evaluation of the property.


Once both these are complete, the Bank will process the disbursement of your Home Loan.

Do I need to pay a fee to apply for an AXIS Bank Home Loan?

Banks charge a non-refundable processing fee for every Home Loan application. The processing charge to avail of an AXIS Bank Home Loan is up to 1% of the loan amount plus service tax as applicable.

Are there any charges after I get an AXIS Bank Home Loan?

There may be. To check the schedule of charges associated with transactions, click here.

How will my Equated Monthly Installment (EMI) be calculated?

The EMI consists of the principal amount and the interest on the principal amount. It is calculated by taking into account the loan amount, the time frame for repaying the loan and the interest rate on the borrowed sum. The EMI may be subject to change when interest rate changes or a part-payment of the Loan is made.

Every month, part of the EMI is adjusted towards the interest payable and the balance is adjusted towards repayment of the principal.

When is my EMI due?

The EMI will be due on a fixed date each month. You will be notified of this date when your loan amount is disbursed.

What is Pre-EMI interest?

Pre-EMI interest is the interest on the loan amount disbursed by the Bank. It is payable every month from the date of each disbursement until the commencement of the EMI payments.

How and when does the floating rate of interest change?

The Home Loan floating rate will change when either of one of the two rates below changes:

  • AXIS Bank's Base Rate (BR) for loans sanctioned from 1st July, 2010
  • AXIS Bank's Mortgage Reference Rate (MRR) for loans sanctioned before 1st July, 2010


AXIS Bank reassesses the BR and MRR from time to time after considering numerous factors including the cost of funds, cost of operations, prevailing interest rates, and provisioning requirements.

To check the current BR and MRR offered by AXIS Bank, please click here.

I have availed a Home Loan from AXIS Bank on a floating rate of interest. How will an increase in this rate of interest impact me?

In order to avoid burdening you with a higher EMI, AXIS Bank will first attempt to increase the tenure of the loan subject to permissible limits. If, however, despite the increase in tenure, the EMI is not adequate to cover the interest payment, then AXIS Bank will increase your EMI amount.

Of course, we will promptly inform you of any change in your tenure or your EMI.

Can I convert my floating rate loan to a fixed rate loan or vice versa? Will there be any charge for the switch?

Yes! You can switch from a floating rate of interest to a fixed rate of interest and vice versa.

To check the charge applicable for the switch, please click here.

My tenure has been increased due to an increase in the rate of interest. I would like to increase my EMI and reduce the tenure. Will I be charged for this change?

Each Home Loan applicant's EMI is decided upon his/her repayment capability. In order to enable us to reassess your EMI, you will need to submit the following documents at an AXIS Bank Loan Center:

  • Last 3 months' salary slip.
  • Last 6 months' bank statements reflecting your salary.
  • Your photo identity and address proof.
  • A letter requesting the change


Currently, AXIS Bank levies no charge to increase the EMI.

My EMI has been increased due to an increase in the rate of interest. I would like to reduce my EMI. How can I do that?

In order to avoid burdening you with a higher EMI, when the rate increased, AXIS Bank would have first attempted to increase the tenure of the loan subject to permissible limits. If, however, despite the increase in tenure, the EMI is not adequate to cover the interest payment, then we are entitled to increase your EMI amount.

To reduce your EMI, we recommend making a part prepayment at your nearest AXIS Bank Loan Center.

For any query on part prepayment, please write to us on: loans@axisbank.com. You \may also reach us at our Call Center by dialling any of these toll free numbers: 1800 233 5577 or 1800 209 5577 or 1800 103 5577.

After I get a Home Loan from AXIS Bank, if the rate of interest offered to me increases, do I have the option of moving to a lower interest rate? Will there be any charge for the switch?

Yes! AXIS Bank offers you the unique facility of switching from a higher rate of interest to a lower rate of interest. Make the change at your nearest AXIS Bank Loan Center.

To check the charge applicable for the switch, please click here.

Do I get a tax benefit on my AXIS Bank Home Loan?

Yes, resident Indians are eligible for tax benefits on both the principal and the interest of a Home Loan under the Income Tax Act. Please consult your tax advisor for details.

How do I keep track of my AXIS Bank Home Loan? For example, how do I get my statements, repayment schedule and interest certificate?

To generate your statement, interest certificate and repayment schedule (fully disbursed cases only) instantly, please click here.

AXIS Bank will also send your statement and interest certificate to your mailing address twice a year.

Can I start paying my EMI if my Home Loan is partly disbursed?

Yes! The EMI consists of the principal amount and the interest on the principal amount. Since only a part of your loan has been disbursed, the interest component of your EMI will be proportionately lower to reflect this.

What are my different options for making my EMI payments? Is there a preferred one?

You may repay your Home Loan in any of the following three ways:

  • Standing Instruction (SI): This mode can be used if you have an existing savings, salary, or current account with AXIS Bank. You may wish to open a savings account with AXIS Bank to use this option. Your EMI amount will be debited automatically at the end of the monthly cycle from the AXIS Bank account you specify.
  • Electronic Clearing Service (ECS): This mode can be used if you have a non-AXIS Bank account and would like your EMIs to be debited automatically at the end of the monthly cycle from this account.
  • Post-Dated Cheques (PDCs) : You can submit post-dated EMI cheques from a non-AXIS Bank account at your nearest AXIS Bank Loan Center. A fresh set of PDCs will have to be submitted in a timely manner. Please note Post Dated Cheques will be collected non-ECS locations only.


We recommend that you opt for either the SI or ECS mode of payment as they are both faster and less prone to error than the use of PDCs.

How do I submit a fresh set of post-dated EMI cheques?

Please submit your fresh set of post-dated cheques at your nearest AXIS Bank Loan Center.

Can I make part-prepayment towards my AXIS Bank Home Loan? Will any charge be applicable?

Yes, you can make a part-prepayment towards your Home Loan at your nearest AXIS Bank Loan Center.

If you are on a floating interest rate, no charge will be applicable. If you are on a fixed rate of interest, please check the charge applicable by clicking here.

How do I update my mobile number and the email address registered under my Home Loan account?

You may update your mobile number and email address in either of the following ways:

  • By calling our Call Center at any of these toll free numbers: 1800 233 5577 or 1800 209 5577 or 1800 103 5577.
  • By using your registered email i d to write to us at: loans@axisbank.com

How do I update my new mailing address?

If your new mailing address is the same for which the loan has been taken, you may change the address in either of the following ways:

  • By calling our Call Center at any of these toll free numbers: 1800 233 5577 or 1800 209 5577 or 1800 103 5577.
  • By using your registered email i d to write to us at: loans@axisbank.com

If your new mailing address is not the one for which the loan has been taken, you will need to visit us in person at your nearest AXIS Bank Loan Center along with an original and self-attested copy of your new address proof and photo identity. For the list of documents we can accept for verification, please click here.

Whom should I contact for the List of Documents I have submitted in support of my AXIS Bank Home Loan?

You may get the List of Documents in either of the following ways:

  • By calling our Call Center at any of these toll free numbers: 1800 233 5577 or 1800 209 5577 or 1800 103 5577.
  • By using your registered email i d to write to us at: loans@axisbank.com

How do I foreclose my Home Loan? Will there be any charge for the foreclosure?

Before we process a foreclosure, all outstanding dues must be cleared. So we request you to first check for and clear any remaining amount that may be payable towards your Home Loan by requesting a foreclosure statement from your nearest AXIS Bank Loan Center.

Once all outstanding dues have been cleared, please submit a foreclosure request at the Loan Center, and we will begin processing your request.

To check the charge applicable for the foreclosure, please click here .

How soon after the foreclosure will I get back my original property documents?

Once your loan account is closed, you may collect your property documents after 16 days from your nearest AXIS Bank Loan Center.

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What's the buzz!

Home Loan

Home Loan

Mitesh Gajjar said

I am Mitesh Gajjar. I availed my homeloan without any efforts. Axis bank's door step service is high...

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Home Loan

Home Loan

Kandavel B said

Very good experience from day 1 i applied for my Home Loan.

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Home Loan

Nishad Navnit,J.Kumar Infraprojects Ltd. said

I Mr. Navnit Nishad had availed a home loan from Axis bank . My experience in dealing with Axis Bank...

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