Axis Bank Home Loan

Benefits of an Axis Bank Home Loan:

• Low rate of interest
• Option to transfer existing home loan from another bank
• Both floating and fixed rate home loans are available
• Axis home loans are available to both self-employed and salaried applicants
• Applicants can either apply as individuals or jointly for a Axis home loan

Axis Home Loan Details

Interest Rate (Monthly reducing balance)	For loans up to Rs. 30 lakhs: 8.75% (MRR - 3.5%) floating For loans above Rs. 30 lakhs: 9.25% (MRR - 3%) floating MRR is currently 12.25%
Processing Fees	1% of the loan amount
Loan Tenure	1 year to 20 years
Amount Funded	Up to 85% of property value
Partial Pre-payment Charges	Nil
Pre-closure Charges	2% of pre-closed amount including amount pre-paid in prior one year
Guarantor Requirement	No guarantor required