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AXIS BANK PROVIDES YOU WITH HASSLE FREE LOAN AGAINST PROPERTY

AXIS BANK - LOAN AGAINST PROPERTY (1)

Axis Bank allows you to take out mortgage loans. Using home loans is the best way to monetize your property. The instant loan granted by Axis Bank for real estate applies to both residential and commercial real estate. The loan bears interest at a competitive interest rate and allows refinancing by purchasing an existing loan.

Features

The loan has attractive interest rates.

Available for residential and commercial properties.

Loan for the purchase of a commercial building under the program

Acquisition of existing loans and refinancing option

Flexible mandate

Possible rental with discount

Offer loyalty points for the loan

Minimum documentation

Free Doorstep service

The simple and uncomplicated application process

It can be requested online

Benefits

Here are the advantages of the Axis Bank instant home loan.

Purchase of an existing loan: The instant loan allows the purchase of an existing loan if necessary with the refinancing option.

Loyalty points: Loyalty points are granted for loans according to the amount paid.

Eligibility criteria

The loan is available to employees, professionals and the self-employed.

The minimum age is 24 years old.

The maximum age at maturity is 65 years.

Fees and charges

Processing fees: 1% plus service tax

Prepayment fee: 2%

Interest rate

The interest rate on owner-occupied housing loan – 11.75%

The interest rate for loans to residential and commercial properties: 12.75%

ADDITIONAL READING – LOAN AGAINST PROPERTY: ALL YOU NEED TO KNOW

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