Loss of Card
How to use
Non- Axis Bank
Bank Tie Ups
By Banking Channel
At your request , you are being redirected to a third party site. Please read and agree with the disclamer before proceeding further.
This is to inform you that by clicking on the hyper-link/ok, you will be accessing a website operated by a third paty namely http://i3.oximall.com/axisbank. Such links are provided only for the Client and Axis Bank does not control or endorse such websites, and is not responsible for their content. The use of such websites and would take precedence over the terms and conditions of usage of www.axisbank.com in case of conflict between them . any actions taken or obligations created voluntarily by the person(s) accessing such websites shall be directly between such persons and the owner of such websites and Axis Bank shall not be responsible directly or indirectly for such actions so taken. Thank you for visiting www.axisbank.com
At your request, you are being redirected to a third party site. Please read and agree with the disclaimer before proceeding further.
This is to inform you that by clicking on the hyper-link/ok, you will be accessing a website operated by a third party namely http://www.diningdelights.in Such links are provided only for the convenience of the Client and Axis Bank does not control or endorse such websites, and is not responsible for their contents. The use of such websites would be subject to the terms and conditions of usage as stipulated in such websites and would take precedence over the terms and conditions of usage of www.axisbank.com in case of conflict between them. Any actions taken or obligations created voluntarily by the person(s) accessing such web sites shall be directly between such person and the owner of such websites and Axis Bank shall not be responsible directly or indirectly for such action so taken. Thank you for visiting www.axisbank.com
Loan sanctioned for under construction property is disbursed in instalments. These disbursements in instalment are called as Part / Subsequent disbursement.
You will need to make a request to the Bank for the part disbursement
You will need to submit request for part disbursement to the Bank along with following documents.
The Disbursement Request Form has been sent to you along with your Welcome Kit. Alternately to download the form, please click here
You can submit the part disbursement requests using any of the following channel.
The time taken by the Bank depends on the category in which your property falls. The Bank categorises any property into APF (Approved Project Facility) and Non APF. The time taken for processing by the Bank would be:
5 days - If the property part of Approved Project Facility
7 days - if the property not part of Approved Project Facility
We would however like to advise you to submit the disbursement request form as soon as the demand is raised by the builder.
You can check the list of Approved Projects on Axis Bank website under Home Loan page. For any clarification or more details call our phone banking number or write to us on Loans@axisbank.com
Your Loan is sanctioned for a particular Loan to Property Value ratio. (E.g 25 lac property value, 20 lac loan sanctioned, i.e. 80%, balance 5 lac will be paid from your side for the property) If you have paid the balance amount towards the property upfront then no further payment need to be made from your side to the builder. If you have not paid the balance amount upfront then you will be required to make payment to the builder at least as per above ratio.
If the construction progress (as verified by the Bank) is not as per original plan, the Bank may disburse amount lesser than requested amount, or may not disburse.
AXIS Bank retains the right to disbursement(s) of loan basis internal checks. Disbursement(s) is at the sole discretion of the Bank.
In case the part disbursement requested is final instalment , you will have to either pay premium for insurance policy or provide insurance policy insuring the property against loss by fire, earthquake, floods and other damages with Axis Bank as the beneficiary. When the policy is availed from the bank, the premium amount will be deducted from the loan disbursement amount
The Bank will intimate you by SMS on your registered mobile number as per bank's record. Alternately, you can call up the phone banking number or write to us on Loans@axisbank.com
In respect of approved projects, it shall not be binding upon the Bank to approve the loan proposals considering the fact that the property comes under the approved projects. It shall be the sole right of the Bank to consider the proposal on case to case basis after taking into consideration, the credentials/credit worthiness of each of the customers. Whether the Bank would approve the proposal or not shall also depend upon whether all the necessary clearances from all regulatory authorities and all other necessary documents as may be required by the Bank are in place. Under no circumstance, the Bank shall be held responsible for any disputes arising out of such projects both legally or otherwise. The Bank does not in any way accord priority to such projects over others. Customers are advised to verify the credentials of such projects/builders through their independent advocates and shall not rely only upon the affirmations of the Builder and/or the Bank and thereafter take a decision. The customers shall take note of the fact that only upon the Bank having satisfied itself about the merits of each case, the Bank will approve the loan proposal
Please click on the "Download now" button to agree with the terms and conditions mentioned above and to download the approved projects list.