Axis Bank Home Loan

The emergence of fintech has revolutionized the finance industry, for example, online payments, passbook updates etc. Similarly, it would help if you don't have to step out of the house to apply for a home loan. Now, the neutral marketplace like loans4you facilitates the lenders meeting borrowers and provides an online platform for home loan approval. So, let's understand axis bank home loan in detail.

Axis Bank Home Loan Emi Calculator

With the help of the Home Loan EMI calculator, it will be easy for you to calculate Monthly home loan installments and to have the exact bifurcation of principal and interest you pay for the whole tenure. Home loan EMI calculator takes home loan principal amount, home loan interest rate, and home loan tenure as input and provides you the payable monthly EMI’s. Therefore, before choosing a particular home loan, it is very important to have an understanding of these three parameters and how do they relate to the home loan EMI.

AXIS Bank Home loan

A home loan is the loan agreement between a borrower and a lender (where the lender helps you purchase your dream home or land comfortably. Since the Axis bank home loan interest rates are bottommost than ever before, the bank offers unique multiple home loan programs to its customers, depending upon your eligibility. Thus, you never lose a chance to build your dream home and some of them are:

Program name	Features	Eligibility	Loan amount (INR)	Loan tenor
Axis Bank Home Loan	Attractive interest rates (fixed and floating)	Indian nationals, NRI Salaried and Self- employed customers	Maximum five crore	30 years
Shubh Aarambh Home Loan	zero additional & prepayment charges, 4 EMIs off on regular payments and 4 EMIs each renounce at the end of 4th, 8th and 12th year.	Salaried	Thirty lakhs	30 years
QuikPay Home Loan	Reduced monthly instalments	Salaried/ professional/ self-employed	3 lakhs to 5 crore	30 years
Fast Forward Home Loan	zero additional & prepayment charges, 12 EMIs off on regular payments and 6 EMIs each renounce at the end of 10th & 15th year.	Salaried/ professional/ self-employed	30 lakhs to 5 crore	30 years
Super Saver Home Loan	overdraft facility for saving total interest payable on the home loan, Invest additional funds to earn interest and withdraw in need	Salaried/ professional/ self-employed	10 lakhs to 5 crore	20-22 years depending upon the loan disbursed
Power Advantage Home Loans	2 years fixed + floating rate of interest	Salaried/ professional/ self-employed	Maximum five crore	30 years
Asha Home Loan		Salaried/ self-employed	1lakh to 35 lakhs INR	30 years
Top-up Home Loan	Additional funds on the same property for personal or business requirements, combined family income must be a minimum of Rs. 8000 p.m.	Existing Home Loans and Balance Transfer customers.	50 lakhs	30 years
Pradhan Mantri Awas Yojana (PMAY)	Save up to Rs. 2.67 lakhs for eligible grantee	Applicants belonging to LIG/ EWS/ MIG for either construction or purchasing of their first-ever house.	subjected to the applicant's financial capability	Subsidy up to twenty years of the loan plus ten years more.
NRI Home Loan	Lower interest rates	NRI, POIO, OCI nationals of Pakistan/ Bangladesh/ Sri Lanka/ Afghanistan/ China/ Iran/ Nepal/ Bhutan.	Maximum five crore	25 years

Get the right kind of financing from Axis Bank

As per specific bank norms, home loans can compose of any formulas given below.
1) Home loans = floating interest rate
2) Home loans = fixed interest rate
3) Home loans = fixed interest rate + floating interest rate

You can avail of home loans as per your specification & requirements. The following type of loans mentioned below is as per segmentation and requirements.

Purchase of New Home

Home loan for purchasing or resale of a new home. Home purchases are offered by all banks & housing finance companies. If you are looking to go for a house hunt, we recommend you meet our expert advisors, who can help you understand the technicalities of a home loan with ease.

Home Loan Transfer

Home Loan transfer allows you to transfer the balance on your current home loan to a new home loan structure with the new bank. This step is generally taken due to the high rate with the current bank. A normal transfer of the home loan from one bank/NBFC reduces the present higher rate with Bank/HFC.

Loan for Land Purchase

A land loan is usually preferred to acquire residential land for the construction of a house. Normally all Bank/HBFC take an affidavit to start your construction from 9 month to 24 months. You can compare home loan rates with our agents and Apply online for a home loan directly. We provide at-home services with the lowest charges and transparent solutions.

Renovation

Assume it's a marriage or just a few new changes when the family is growing. Renovations are necessary and inevitable changes for a better lifestyle. Renovation at times comes costly hence a home extension loan for extension in the present structure and sanctioned plan with permission from the competent authority.

Top Up Loan

Financial institutions provide top-up home loans to borrow an eligible amount of money over & above your home loan. A top-up home loan is provided for purposes of modification or construction of your house or to meet your personal expenses like funding for children's education, as well as business Purpose etc.

Balance Transfer + Top Up plan

Balance transfer plus allows you to transfer your current home loan to a new home loan structure with the new bank. The new bank also helps you with immediate financial needs in the form of a top-up home loan.

Loan for Self Construction

This type of home loan is for the construction of a new home. For a Home Construction Loan, you need to produce a sanctioned plan and permission from the competent authority. Similarly, like renovation, any new construction's estimated costs must be produced by the architect or the contractor.

Land Purchase + Construction loans

Land Purchase and construction loans can be availed for purchasing residential land and construction of a house. For a Home Construction Loan, you need to produce an approved plan and approval from the responsible officials.

Refinance Loans

Refinancing may put you on a lower interest rate or give you a mortgage with cheaper fees. Refinancing your home loan may also be undertaken if you need to borrow more money for renovations, or consolidate debts.

NRI Home Loans

Are you an NRI? Do you need a Home Loan? The NRI home loan is for Non-Resident Indians who wish to build or buy a home or property in India can avail of the benefits of this loan.

Compare Home Loan Transfer Interest Rates of All Major Banks

An Important component and deciding factor in Home Loan is the Rate of interest. There are different types of home loan Rates of interest available in the market and before deciding on the rate you should understand the advantages and disadvantages.

An home loan interest rate charged by a lender to a borrower for Home Loan is given, generally expressed in percentage. Home Loan Interest rates are directly proportional to the amount of risk associated with the borrower.

The annual home loan interest rate refers to the rate that is applied over one year. Home loan Interest rates can be applied over different periods, such as monthly, quarterly, or bi-annually. However, in most cases, home loan interest rates are annual.

Compare Present home loan rate of interest rates, home loan processing fees, home loan Maximum tenure of major banks like ICICI Bank home loan interest rates, Axis Bank home loan intrest rates, TATA Capital home loan interest rates, HDFC bank home loan interest rates, Yes Bank home loan interest rates,SBI Bank home loan interest rates, and many more to choose from. We have provided you a table for home loan comparison among the best home loan in India at the lowest home loan interest rate.

Bank Name	Floating Interest Rates	Per Lac Emi	Get Into It
Axis Bank	6.90% - 8.40%	Rs.769 - Rs.862	Apply Now
SBI Home Loan	6.70% - 6.75%	Rs.757 - Rs.760	Apply Now
HDFC Home Loan	6.75% - 6.80%	Rs.760 - Rs.763	Apply Now
ICICI Bank Home Loan	6.75% - 7.15%	Rs.760 - Rs.784	Apply Now
PNB Housing Finance	7.35% - 9.05%	Rs.796 - Rs.903	Apply Now
Bajaj Home Finance	6.80%		Apply Now
IDFC First Bank	6.90%	Rs.770 - Rs.769	Apply Now
Indiabulls	8.99% onwards	Rs.880 - Rs.1029	Apply Now
Tata Capital Home Finance	9.25% onwards	Rs.916 onwards	Apply Now
Equitas	9.50%		Apply Now
Standard Chartered	9.21% onwards	Rs.913 onwards	Apply Now

Home loan eligibility & its criteria:

Axis bank home loan eligibility is the pre-defined key element set up by the bank upon which the bank decides whether you're eligible to obtain & repay the home loan or not. Also, the home loan eligibility can differ depending upon the individual and the bank, but the key factors remain the same.

The axis bank home loan eligibility criteria include your age, income proof and other documents. Let's check one by the following:

•Age :
The applicant's minimum age must be 21 years while obtaining the home loan.

•Maximum age:
• Salaried: until 60 years or superannuation or least at the time of home loan maturity.
• Self-employed: up to 65 years of age or least at the time of home loan maturity.
• Professional: up to 65 years or least at home loan maturity.

•Income Proof :
The home loan borrowing limit is a minimum of Rs. Three lacs and the applicant's present & future must show that he can repay the loan, and that includes:

For Salaried :
• Quarter or three months paycheque
• Six months cheque or two years bonus proof (fluctuating pay)
• Semi-yearly bank statement showing salary credits
• Employment continuity proof

For Self-employed :
• Two years ITR, Income statement, P&L account, verified balance sheet with authorized CA seal and sign.
• Semi-yearly personal and business accounts bank statements.
• Income continuity proof (3 years for a home loan or five years for LAP)
• Tax audit report
• If ITR is filed without CA's digital signature, CPC and delinquent tax paid challan are required.
• In exceptional cases (Asha home loan) - one-year ITR, income statement, P&L account, verified balance sheet with authorized CA seal and sign.

Note: any of the above proofs are acceptable.

Axis bank home loan eligibility calculator

For online calculating your Axis bank home loan eligibility, visit the loans4you.in and use the tool Axis bank Home Loan calculator at your convenience. The tool provided by our website loans4you.in will serve you with the home loan amount and the EMI after evaluating your age, loan tenure, ROI, net adjusted monthly income and other EMIs.

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Axis Bank home loan documents

While you're filling up the axis bank home loan online application form, you will be required to upload the documents supporting your home loan online application. So, here is the checklist of axis bank home loan documents that are mandatory to be uploaded along with the form pdf.

Compulsory documents

1. Axis bank home loan online form
2. PAN card

Photo

Applicant's latest passport-size photographs.

Identify proofs (Any One)

1. Aadhar Card
2. Passport
3. Voter ID
4. Driving license
5. Govt. employee ID (if any)
6. GOI issued photo ID (if any other)

Address proof(Any One)

1. Aadhar card
2. Driving license
3. voter id
4. Electricity or gas bill
5. Landline bill
6. Property tax receipts
7. Govt. employee ID (if any)
8. GOI issued photo ID (if any other)

Birth date proof

1. Passport
2. Driving license
3. PAN card
4. Birth certificate
5. Aadhar card
6. 12th mark sheet

Income proof

1. Bank statements
2. salary slips
3. Form-16
4. IT returns

Letter of Consent

Documents related to existing loan including a letter of consent.

Signature proof (Any One)

1.Passport
2.PAN card

Note: All the submitted documents must be self-attested by the borrower and anyone document of each type is acceptable.

Fees and Charges of All Major Banks

The list of charges that you need to pay for a home loan are as follows:

Application Charge/ Initial Processing fee – Non-refundable
Processing fee
Administrative fee
Technical /Valuation Charge
Legal /Title Charge
Stamp Paper/Franking fee on the loan agreement
Notary Charge
Property Insurance Charge
Cersai Charge
Loan Insurance Charge

Bank Name	Processing Fee	Prepayment Charges
Axis Bank	Up to 1% of the Loan amount subject to minimum of Rs.10,000/-	Nil
SBI Home Loan	0.35% of loan amount + GST, Nil for Govt. Employees	Nil
HDFC Home Loan	Up to 1.25% of the loan amount or ₹ 3,000 whichever is higher, plus applicable taxes	Nil
ICICI Bank Home Loan	Flat Rs 3000 /- + AT	N.A.
PNB Housing Finance	0.50% Or 10,000 + GST , whichever is higher.	Nil
Bajaj Home Finance	0.50% Or 10,000 + GST , whichever is higher.	Nil
IDFC First Bank	0.20% + 18% GST
IndiaBulls	0.50% to 1.00% + GST	Nil
Tata Capital Home Finance	0.50% to 1.00% + GST	Nil
Equitas	Up to 1% of the Loan amount subject to minimum of Rs.10,000/-	Nil
Standard Chartered	Rs.10000 + GST	Nil

Compare home loans online & understand why it is important

Apart from the convenience, the online home loan application will spoil you with the choices, and to surplus the comfort, platforms like loans4you.in are available to your interest. We have served 10k+ customers, maintaining goodwill, and are looking forward to helping more. So, join us in the journey and avail of the following benefits from us:

Convenience
Convenience is the solution to all odds, and that's why we are here to provide a comfort rich loan application & approval. Imagine how cool is that? For maximizing the opportunity, do as directed below

Step 1 : Go to our website loans4you.in
Step 2 : Compare the various options on the home loan tenor, home loan interest rate & select the most suitable offer.
Step 3 : Fill up the online home loan application form and scan the documents.
Step 4 : Follow-up for regular updates.

Chance to compare
How do you know that you're getting the best deal from them all? That's why it is mandatory to compare with other options. By visiting our website loans4you.in and effectively differentiate from all the available options and choose the best for you.

In addition, on our website, you can also access detailed information about the document requirements, various home loan interest rates etc.

Stress-free loan application
One of the significant benefits of online home loan application is that it diminishes man-to-man communication, which is a big plus if you want to avoid confusion & explore further.

So, by relying on loans4you.in you're helping yourself because we are here to help in every step of the online home loan application. Also, the process becomes much faster as there is no formality of physical document submission.

24*7 assistance
We understand the value of hard-earned money, so we have 24*7 customer assistance for your help. Don't worry; no one asks you to talk to us at 3 am. Again, we have partnered with technology, and our chatbot system will guide you on each step.

All in your reach
You can't reach out to the banks for every query, and if you do, they aren't willing to entertain you every time. However, you can always reach out to loans4you.in Our seamless communication system will help solve every query, so you have clear visuals of your needs.

Axis bank home loan application process

The applicants must follow the process for accessing the axis bank home loan.

1. Form filling & documentation
You must fill up the online home loan application form and submit all the necessary documents.

2. Fee
Then the applicant is required to pay the home loan processing fee, which is non-refundable and it, varies from bank to bank & is usually 1% of your home loan amount. <

3. Loan sanction
Before loan sanction, the bank will verify all your documents and workplace. If everything is positive, you will be given a home loan sanction letter indicating the home loan amount, home loan interest rate etc.

4. Property review & loan distributing
Once the bank verifies the property with the legal team, the home loan amount will be disbursal to the applicant, making it available for use.

Practical tips for online home loan application & also the dos and don'ts

The home loan is a big commitment, so in all excitement, you must ensure that you don't make any faulty commitments and thus mark the below points.

1. Get your finances in shape
Before applying for the home loan, evaluate whether you will be eligible to repay the loan amount or not. Also, secure your down payment first because no lender is processing ahead without that. Also, if your salary restricts you from obtaining a higher loan amount, consider taking a joint loan with your partner or requesting longer loan tenure.

2. Maintain your credit score
Usually, the banks prefer those loan seekers with a high repayment record or a high credit score showing your goodwill. <

3. Stay in touch with your lender
Staying connected with your lender will prevent you from taking faulty loan repayment measures. Plus, it will be great if you want to extend your loan tenure in future. In addition, it is advised to approach the bank with who you already have good relationships because this will deduct the KYC time & hence faster credit disbursal.

4. Explore
There is no harm in exploring the other alternatives, so to ensure the cost-effective credit for you, reply on loans4you.in, where you can compare the interest rates, EMIs, loan tenure etc., of multiple banks and thus favour you to handpick the most suitable option.

Dos and Don’ts while applying for the online home loan

Do's	Dont's
1. Checking the loan eligibility	1. Avoid applying with multiple lenders as it will give wrong impression of you
2. Research about the lenders plus, and don't hesitate to ask for second opinions or review online.	2. Faulty documents
3. Secure your finances and the documents	3. Don't exceed your limits as it will delay your repayment period leaving a wrong impression of you.
4. Complete the application process in a single try	4. Don't apply for a home loan if you already have multiple loans.
5. Compulsorily ensure that all the details you provide are accurate so that you come out as trustworthy.	5. Avoid getting conned by the non-trustworthy lenders & for that, you refer to loans4you.in, here you have access to the best deals from certified banks.

What if my application Axis bank home loan application is rejected ?

There can be multiple reasons behind the rejection of your home loan, such as your age, bad credit history, existing credits, not being eligible according to the bank's policies, etc. Still, you can constantly re-apply for the home loan after clearing up the issue.

Online apply for a home loan transfer

When you think that you're losing your financial capabilities to repay the debt at the current interest rate, it is the right time to apply for an online home loan transfer because the unpaid amount is higher. After the home loan balance transfer, you can pay the debt at a lower home loan interest rate.

In addition, you can ask to revisit the terms & conditions or home loan repayment along with altering in home loan tenor since you're dealing with a new lender now.

Steps For Online Home Loan Transfer

1. Inform the existing lender
The first step is to inform the existing lender that you seek a home loan balance transfer and fill the form with the required documentation.

2. Check your eligibility
Before applying for the home loan balance transfer, verify whether you're eligible for the new lender or not. For the eligibility and new lower home loan interest rates, you must refer to loans4you.in to avail the.

3. Secure the documents
After securing the documents from the old lender, such as financial statements, property papers, income details, etc., you can start fresh with the new lender.

Talk To Our Team

F.A.Q

How can I access a home loan at a low-interest rate online?

To access the home loan at low-interest rates, do check-up loans4you.in, where you will have never-ending options.
How do I have fast approval of my Axis bank home loan?

The average period of Axis bank housing loan approval is 3 to 4 weeks, but if you apply with loand4you.in, the processing time can be reduced significantly.
Can I access two home loans simultaneously?

Only after ensuring that you're eligible to pay EMI simultaneously will you only be suitable for obtaining two home loans simultaneously.
What are the maximum and minimum Axis bank home loan amounts?

The minimum amount of Axis bank home loan is Rs. three lakhs, and the maximum amount is five crore INR.
How can I repay my Axis bank home loan faster?

1. Select a short loan tenor.
2. Make bi-weekly installments instead of monthly EMIs.
3. Opt for higher EMIs if you afford them.
4. Identify the money-lender with a low-interest rate from loans4you.in and try not to miss your monthly installments.
What are the things a borrower must consider before applying for a home loan?

Eligibility: whether you're eligible to obtain the required home loan amount or not. Interest rate: for accessing the best interest rates, refer to loans4you.in There, you will have the power to compare the same financial product offered by various lenders and pick the suitable one. Secured down payment Documentation and financial security to pay monthly loan installments
What is EMI, and how can I decrease my existing EMI?
EMI is the Equated Monthly Instalment; it is the pre-defined amount that a borrower pays to the lender each month until the credited amount is paid off.

Yes, you can increase or decrease the existing EMI according to your preference & some popular tips for reducing the EMI are:
- Opt for paying a higher down payment.
- Increase the loan tenor.
- Switch banks for better deals
- Move to float interest rate from fixed interest rate
- Opt for partial prepayment so that EMIs can be adjusted
What type of securities is accepted by Axis bank for home loans?

The two outstanding securities against home loans are collateral and guarantor. The guarantor can be friends/ family responsible for paying the loan if the borrower can't. Meanwhile, collateral security is the worldly security the borrower offers for the credit facility. Such as jewellery, if the debtor cannot repay the credit, the banks will have authority over the jewellery.

Home Loan ROI: 6.70%* onwards
Processing Fee: Upto 1%* of Loan Amount with minimum of Rs10K + GST.
Loan Tenure: Upto 30 Years
Prepayment Charges: Nil for Floating Rate.
Loan Amount: Asp per Eligibility.

Apply For Axis Bank Home Loan

Axis Bank Home Loan

Axis Bank Home Loan Emi Calculator

AXIS Bank Home loan

Get the right kind of financing from Axis Bank

Purchase of New Home

Home Loan Transfer

Loan for Land Purchase

Renovation

Top Up Loan

Balance Transfer + Top Up plan

Loan for Self Construction

Land Purchase + Construction loans

Refinance Loans

NRI Home Loans

Compare Home Loan Transfer Interest Rates of All Major Banks

Home loan eligibility & its criteria:

Axis bank home loan eligibility calculator

Home Loan

Tools For Home Loan

Information About Home Loan

Other Products

Check Your eligibility for Axis Bank Home loans.

How much loan you are eligible for?

Eligibility :

Eligibility Criteria :

Axis Bank home loan documents

Fees and Charges of All Major Banks

Compare home loans online & understand why it is important

Axis bank home loan application process

Practical tips for online home loan application & also the dos and don'ts

Dos and Don’ts while applying for the online home loan

What if my application Axis bank home loan application is rejected ?

Online apply for a home loan transfer

Steps For Online Home Loan Transfer

F.A.Q

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Home Loan ROI: 6.70%* onwards Processing Fee: Upto 1%* of Loan Amount with minimum of Rs10K + GST. Loan Tenure: Upto 30 Years Prepayment Charges: Nil for Floating Rate. Loan Amount: Asp per Eligibility.

Apply For Axis Bank Home Loan

Axis Bank Home Loan

Axis Bank Home Loan Emi Calculator

AXIS Bank Home loan

Get the right kind of financing from Axis Bank

Purchase of New Home

Home Loan Transfer

Loan for Land Purchase

Renovation

Top Up Loan

Balance Transfer + Top Up plan

Loan for Self Construction

Land Purchase + Construction loans

Refinance Loans

NRI Home Loans

Compare Home Loan Transfer Interest Rates of All Major Banks

Home loan eligibility & its criteria:

Axis bank home loan eligibility calculator

Home Loan

Tools For Home Loan

Information About Home Loan

Other Products

Talk To Our Team

Check Your eligibility for Axis Bank Home loans.

How much loan you are eligible for?

Eligibility :

Eligibility Criteria :

Axis Bank home loan documents

Fees and Charges of All Major Banks

Compare home loans online & understand why it is important

Axis bank home loan application process

Practical tips for online home loan application & also the dos and don'ts

Dos and Don’ts while applying for the online home loan

What if my application Axis bank home loan application is rejected ?

Online apply for a home loan transfer

Steps For Online Home Loan Transfer

Talk To Our Team

F.A.Q

Home Loan ROI: 6.70%* onwards
Processing Fee: Upto 1%* of Loan Amount with minimum of Rs10K + GST.
Loan Tenure: Upto 30 Years
Prepayment Charges: Nil for Floating Rate.
Loan Amount: Asp per Eligibility.