Rs. 20 Lakh-1 Crore
For salaried: 9.95%
For self-employed: 10.25% - 10.45%
Overview
In this home loan, you could get your last 12 EMIs waived off only by paying your EMIs regularly on time.
This scheme could be availed for purchasing an under construction/ ready/ resale house, self-construction, plot along with construction loans. This encourages and puts some pressure on the borrower to pay back during the loan term, but being punctual will reward you finally and largely.
Axis Bank offers the following interest rates under this scheme:
For salaried:
Floating- 9.95% p.a
For self employed:
Floating:
Loans below 75 lacs - 10.25% p.a
Loans above 75 lacs – 10.45% p.a
Key Features
The amazing scheme that it is, you have to make sure of the following conditions to avail full benefits of the loan:
Eligibility
Processing Fees
Document Required
Note: All documents listed above are only indicative of the general list of documents requested by the bank, these may vary depending on your location and financial history. Do check with your bank while applying for the loan.