The interest rate options for you depends on your loan amount
In addition to the basic Home Loan, the bank also has 5 specially designed products for people of different incomes and occupations. Some basic features of the Axis Bank loans are*: Loans are available on both fixed and floating rate basis....
Pre-payment charges are not applicable on the loans which are availed on the floating rate of interest. The bank provides up to 90% of the property/project value for loans of up to Rs.30 Lakhs, 80% of the property/project value for loans between Rs.30 – 75 Lakhs and up to 75% of the property/project value for loans above Rs.75 Lakhs.
*Certain loans may have been designed differently. Exceptions to the features above are listed clearly in the details section of each loan.
Advantages of an Axis Bank Loan Axis Bank has a large number of branches and loan centers, so they are easy to approach in case of any issues. The Bank is also a partner to the central government under the Pradhan Mantri Awas Yojna (PMAY Scheme), and this credit linked subsidy scheme can bring you savings if you fulfill the eligibility criteria. To know more about this scheme, click here In addition, the bank also provides a good balance transfer scheme, with a top-up option of up to 100% of the loan amount at the time of transfer. The transfer scheme is income based, so if your income has grown since the time of taking the loan, you stand to benefit.Read More +