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Simplified Access

Minimal documentation and quick approval

Loan Amount

Minimum - Rs. 50,000
Maximum - Rs. 15,00,000

Balance Transfer

Carry over existing loans from other banks to Axis Bank

Axis eDGE Rewards

Earn reward points on taking a Personal Loan

Features and Benefits

A personal loan ensures that you need not go back on your targets that you have set for yourself. Be it the perfect wedding for your daughter, the complete renovation for your new apartment or a fun-filled holiday for your family. Get the best personal loan Interest Rate with Axis Bank. Here are the list of charges and interest rate details for personal loans.

Interest Rates & Charges*
Rate of Interest 15.50% to 24%
Loan Processing Charges 1.50% to 2.00% + Service Tax as applicable
Cheque Bounce Charges Rs. 500 per cheque bounce + Service Tax as applicable
Cheque/ Instrument Swap charges Rs.500 per instance + Service Tax as applicable
Prepayment/ Forclosure Charges Nil
Default Interest Rate @24.00% per annum i.e 2% per month on the overdue installment
Duplicate Statement Issuance Charges                    

Duplicate Amortization Schedule Charges                    

Duplicate Interest Certificate
(Provisional/ Actual) issuance Charges
Rs 250 per instance + Service Tax as applicable

Rs 250 per instance + Service Tax as applicable



Rs 250 per instance + Service Tax as applicable
Cibil Report Issuance Charges                              

Stamp Duty Charges
Rs. 50/- per instance per set+ service tax as applicable

As per State Stamp Act
Issuance Charges for Photocopy of Loan Agreement/ Documents Rs 250 per instance + Service Tax as applicable
*(Subject to change as per Bank’s discretion from time to time)
* Service Tax as applicable will be levied
For further details, please Click here

Personal Loan Interest Rates

If you are in need of urgent funds, then Axis Bank’s personal loan is the right choice for you. So what makes Axis Bank’s personal loan so attractive? Well, it’s their rate of interest on a personal loan that is not only affordable to its customers but also their customer friendly services. Applying for a personal loan has become simple, thanks to their instant approval with minimal documentation process.

Features and Benefits of Axis Bank’s Personal Loan

Axis Bank’s personal loan comes with some great features and benefits:

  • Personal Loan Interest Rates: What makes Axis Bank’s personal loan attractive? It’s their rate of interest that ranges between 15.50 to 24 percent. Compared to most banks, these rates are the most affordable; Axis Bank understands your needs and aspirations and knows that their loans can help you fulfill them.
  • Personal Loan EMI Calculator: Apart from the rate of interest, another worry that most people have is how much EMI will they need to pay per month? Well, Axis Bank’s EMI calculator for the personal loan is a perfect tool that will not only let you know the current status of your personal loan but also the applicable interest rates and the tenure of the loan. While loan tenure depends on the arrangement of finances, Axis Bank’s personal loan EMI calculator can help you select the tenure and accordingly pay the EMI. With the EMI calculator, all you need to do is, enter the loan amount and tenure of the loan and the calculator will manage rest of the things.
  • Tenure: Apart from the EMI, Axis Bank’s personal loan tenure calculator also helps you determine the specified time you can pay your loan back. While Axis bank’s personal loan tenure ranges anywhere from 12 months to 60 months, you can determine the payoff of the loan amount as per your financial arrangement in the specified time. With personal EMI loan calculator, you can calculate how much you can afford to pay along with interest amount and accordingly set the tenure period for your personal loan.
  • Flexibility: Personal loans from Axis Bank come with the flexibility to change the tenure of your loan repayment. If you have taken a flexi loan then you have the choice to either pre-pay or extend the period of EMI, based on your financial situation. You can choose to pre-pay your personal loan by paying higher EMI and saving on interest. Similarly, you can opt to extend your loan term by selecting the suitable EMI based on your budget.
  • Eligibility: So who is eligible for a personal loan? Anyone between the ages of 21 years to 60 years can apply for a personal loan. You also need to have a minimum monthly income on Rs 15,000. Salaried employees, salaried doctors, employees of private and public limited companies, private and public companies, employees of government sector working in public sector undertaking or central/local bodies are eligible to apply for the loan.
  • Documentation: Here’s what you need to submit while applying for Axis bank’s personal loan: an application form duly filled, age proof, income proof, bank statement, photograph, residence proof and signature verification proof. For professionals like Chartered Accountants, Company Secretary, Doctors, etc. need to submit their qualification or registration proof with the bank.

How Personal Loan with Affordable Interest Rate Help You?

We often come at a point when we all need unexpected financial help. While your financial plan had already taken the specified event into consideration, like your child’s future education or the wedding of a loved one, due to an unexpected circumstance you are unable to fulfill the same at that point in time. At times like these, what you need the financial aid that will not only help you fulfill that dream but also not create a dent in your savings. Axis Bank’s personal loan with their affordable rate of interest is the solution.

Axis Bank believes in transparency and hence has created a personal loan where, apart from the reasonable processing fee, there are no surprise hidden charges. All you need to do is fill the application form and Axis Bank takes care of the rest. Lower rate of interest and no security against the loans proves that Axis Bank’s personal loan is attractive for its customers.

With the recent developments, the Indian economy is heading towards digitalisation. Axis Bank is committed to taking the banking sector forward with the various digitalisation tools. One of the tools is digital payment system where you can pay the EMI and interest, without leaving the comforts of your home. You can also give standing instructions to the bank to pay the EMI via internet banking. With these tools, the ease to avail and repay the personal loans is increasing.

Axis Bank aims at providing its customers with a hassle-free experience with various banking solution tools, to not only simplify the banking procedure but also the user experience. Contact your nearest Axis Bank branch and seek expert’s advice to avail personal loan at low-interest rates.

HAVE QUERIES?

  • 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, please click here.

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  • What is the turn around time for decisioning a Personal Loan application?

Axis Bank will convey its decision within 30 working days from the date of receipt of the application provided the application...

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  • Can I make part-prepayment towards my Axis Bank Personal Loan? Will any charge be applicable?

Yes, you can make a part-prepayment towards your Personal Loan at your nearest Axis Bank Loan Center. Currently, Axis Bank levies...

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