Personal Loan

Dream Bigger with Personal Loans
up to Rs. 40 Lakhs

No collateral required | Tenure up to 60 months |
Balance Transfer facility

Personal Loan in Mumbai

Mumbai, the glittering metropolis often called the 'City of Dreams', extends a canvas of opportunities for natives and settlers alike. It's a place where aspirations soar and fulfilling them often calls for a financial ally.

Whether it's for tying the knot in a grandiose style, jet-setting on a luxury vacation, or simply making a signature lifestyle purchase, a Personal Loan in Mumbai could be the wind beneath your wings.

The city's exorbitant cost of living need not hamper your dream. Consider a Personal Loan from Axis Bank, which can work as your financial enabler. Get any amount ranging from Rs 50,000 to Rs 40 lakh without any collateral and with minimal documentation, at competitive interest rates. If you apply for an instant Personal Loan, the amount will be in your account within a few minutes, thanks to our seamless and hassle-free end-to-end digital application procedure.

Personal Loan in Mumbai: Features

As you consider an easy loan in Mumbai, Axis Bank provides distinct features that cater to the city's fast-paced financial demands:

Documents Required for a Personal Loan in Mumbai

Availing of a Personal Loan in Mumbai is straightforward, requiring just a few key documents. To initiate your loan process, ensure you have the following:

  • Identity verification: PAN card, Aadhaar card or passport
  • Residence verification: Recent utility bills or rental agreement
  • Earnings documentation:Recent salary slips or income tax returns
  • Financial statements: Bank statements from the past 6 months

Uses of Personal Loan in Mumbai


Make your wedding an unforgettable spectacle. An easy Personal Loan in Mumbai can be your ally in turning dreams into reality:

  • Venue booking: Secure your ideal wedding venue in this bustling metropolis without the stress of financial constraints
  • Vendor costs: From gourmet catering to grand décor, choose the best Mumbai has to offer and manage the expenses effortlessly


Jet off to exotic locales or serene retreats from the heart of Mumbai. Your travel aspirations are within reach with a Personal Loan in Mumbai:

  • Flight and travel: Book your flights and train journeys without worry, knowing your tickets are taken care of
  • Accommodation: Stay in luxury or cozy corners of the world, free from the burden of budgeting

Health Emergencies

When health emergencies strike, a timely instant Personal Loan in Mumbai can provide a financial safety net for:

  • Hospital bills: Address urgent medical expenses promptly, allowing you to focus on what truly matters – your health
  • Care costs: Ensure access to the best medical treatments, tests and medicines without financial delay
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Home Renovation

Transform your living space into a sanctuary that reflects your style. A quick Personal Loan in Mumbai can finance:

  • Renovation projects: From necessary repairs to luxe upgrades, fund your home's makeover to match your vision

Interest rate and charges in Mumbai for a personal loan

When considering a Personal Loan in Mumbai, it's essential to be aware of the interest and fees involved.

  • Interest rate: The starting interest rate for a Personal Loan in Mumbai is 9.25% p.a. Depending on your loan details, the rate could vary between 4.65% and 13.65% p.a. above the base rate. Effectively, you could be looking at an overall interest rate that ranges from 10.65% to 22% p.a.
  • No surprises: Once set, your interest rate won't change with the 'No Reset' policy.
  • Processing fee: Expect a processing charge up to 2% of your loan amount, plus applicable taxes, for your easy Personal Loan in Mumbai.
  • Pre-payment: If you decide to pay off your loan early, there's a 3% charge for loans with a term of up to 36 months and 2% for longer loans.
  • Extra costs:Small charges apply for specific services like returned cheques or issuing duplicate statements, keeping your quick Personal Loan in Mumbai straightforward.

Frequently Asked Questions

Eligibility for a Personal Loan in Mumbai requires being a salaried professional over 21 years, under 60 years at loan maturity, and earning above ₹15,000 monthly.

To secure a Personal Loan in Mumbai, you'll need a completed application, KYC, age proof, salary documentation, and signature verification like a passport or PAN card.

Approval for a Personal Loan in Mumbai via Axis Bank can be quick, taking only about 4 working days, provided all documents are in order. An Instant Personal Loan be obtained even faster by applying online via an end-to-end digital procedure.

To be eligible for a Personal Loan in Mumbai, you must have a minimum monthly income of ₹15,000.

A personal loan for your personal goals.Apply Now

A personal loan for
your personal goals