Asha Home Loan

Choose your dream home from our wide range of approved projects across India.

Maximum loan amount Loan upto Rs. 35 lakhs for locations with population above 10 lakhs and property value upto 45 lakhs. And loan upto Rs. 25 lakhs for locations with population less than or equal to 10 lakhs and property value upto 35 lakhs.
Minimum income norm Minimum income norm varies from Rs. 8,000 p.m. to Rs. 10,000 p.m. depending on location.
Repayment *Repayment period for home loans shall not exceed 30 years.
Security Equitable mortgage of the property to be financed by way of deposit of title deeds.
Disbursement The home loan will be disbursed in full or in suitable instalments, taking into account the requirement of funds and progress of construction, as assessed by the bank directly to the seller or builder or local development authority or supplier of materials etc.
Processing charges or admission fee Processing fee equivalent to 1% or Rs. 10,000/- (whichever is higher) of the loan amount (applied for) will be collected along with the application form. Goods and Services tax (GST) will be charged extra as per the applicable rates, on all the charges and fees (wherever GST is applicable).
Penalty for early closure ‘Nil’ on floating interest rate home loans

• Axis Bank will convey its decision within 30 working days from the date of receipt of the application, provided the application is complete in all respects, and is submitted along with all the documents as per the 'check list' provided in the application for loan and/or any additional documents as may be required by the bank for proper appraisal of the application. The computation of 30 days shall start from the day on which all documents required for a proper appraisal of the application are provided by the customer to bank

• The bank may at its sole discretion sanction or decline the application. The bank shall convey, the reasons, which in its opinion after due consideration, have led to rejection of the application

• The applicant will undertake to inform the bank as and when there is a change in address or employment

The terms and conditions mentioned above and elsewhere under the scheme are subject to modification from time to time solely at the bank's discretion.

*Terms and Conditions Apply