{"id":19167,"date":"2019-11-08T14:56:49","date_gmt":"2019-11-08T09:26:49","guid":{"rendered":"https:\/\/golocalclassified.com\/article\/?p=19167"},"modified":"2019-11-08T14:57:04","modified_gmt":"2019-11-08T09:27:04","slug":"dont-wish-make-it-happen-with-an-axis-bank-personal-loan","status":"publish","type":"post","link":"https:\/\/golocalclassified.com\/article\/dont-wish-make-it-happen-with-an-axis-bank-personal-loan\/","title":{"rendered":"Don\u2019t Wish! Make it Happen with an Axis Bank Personal Loan"},"content":{"rendered":"<p><span style=\"font-weight: 400;\">Axis Bank provides personal loan up to Rs. 15 lacs instantly to salaried or self-employed individuals. The Axis Bank Personal Loan interest rate starts at 16% and the repayment tenure is maximum up to 5 years. To be eligible, you just need to fulfill the basic criteria set by Axis Bank. You can avail this loan for any valid personal reason.&nbsp;<\/span><\/p>\n<h2><span style=\"font-weight: 400;\">Axis Bank Personal Loan \u2013 Overview<\/span><\/h2>\n<p><span style=\"font-weight: 400;\">Previously named UTI Bank, the current name i.e. Axis Bank came into existence in 2007. With over 2400 branches, Axis bank caters its financial and banking services to people all around India. In order to assist people in time of need, the bank started providing personal loan in selected cities. Once Axis Bank Personal Loan got popular, bank started catering personal loan to people from all over India.<\/span><\/p>\n<h2><span style=\"font-weight: 400;\">Why to Apply for Axis Bank Personal Loan?<\/span><\/h2>\n<p><span style=\"font-weight: 400;\">You can avail Axis Bank Personal Loan for various reasons. Be it for travelling purposes, medical emergencies or planning a lavish wedding, Axis Bank Personal Loan covers it all. The bank won\u2019t track the end use of the sanctioned personal loan amount by customers.&nbsp;<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Furthermore, Axis Bank provides several benefits to make loan convenient for its customers. Below, we have mentioned few of them to make you understand the significance of taking a personal loan from Axis bank.<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Easy EMI<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Longer tenure period<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Reasonable personal loan<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Instant personal loan from Rs. 50,000 to 15,00,000<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Attractive offers for existing Axis Bank customers<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Option to apply online<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Minimum documentation<\/span><\/li>\n<\/ul>\n<h2><span style=\"font-weight: 400;\">Axis Bank Personal Loan Interest Rate<\/span><\/h2>\n<p><span style=\"font-weight: 400;\">In the table given below, you can see Axis Bank Personal Loan Interest Rate and other important facts about Axis Bank Personal Interest Rate.<\/span><\/p>\n<table>\n<tbody>\n<tr>\n<td><span style=\"font-weight: 400;\">Axis Bank Personal Loan Interest Rates<\/span>&nbsp;<\/td>\n<td><span style=\"font-weight: 400;\">16%-24%<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">Axis Bank Personal Loan Tenure<\/span><\/td>\n<td><span style=\"font-weight: 400;\">12 to 60 months<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">Axis Bank Personal Loan Processing Fee<\/span><\/td>\n<td><span style=\"font-weight: 400;\">Up to 2.00% of the total loan amount + applicable service tax<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">Axis Bank Personal Loan Repayment Period<\/span><\/td>\n<td><span style=\"font-weight: 400;\">Minimum- 1 year<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Maximum- 5 Years<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">Minimum Income<\/span><\/td>\n<td><span style=\"font-weight: 400;\">INR- 15,000 P.M.<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">Axis Bank Personal Loan Amount<\/span><\/td>\n<td><span style=\"font-weight: 400;\">Minimum- INR 50,000<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Maximum- INR 15 Lakh<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">Prepayment charges<\/span><\/td>\n<td><span style=\"font-weight: 400;\">Nil<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">Foreclosure charges<\/span><\/td>\n<td><span style=\"font-weight: 400;\">Nil<\/span><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>&nbsp;<\/p>\n<h2><span style=\"font-weight: 400;\">Factors That Affect Axis Bank Personal Loan Interest Rate<\/span><\/h2>\n<ul>\n<li style=\"font-weight: 400;\"><b>Your net monthly income<\/b><span style=\"font-weight: 400;\"> \u2013 Usually those who have high monthly salary get personal loan at low-interest rate.<\/span><\/li>\n<li style=\"font-weight: 400;\"><b>Credit score of the applicant<\/b><span style=\"font-weight: 400;\"> \u2013 Credit score summarises the credit worthiness of an individual. CIBIL of 750 or above decreases the risk factor in loan application. Those who maintain a good credit history gets loan at low-interest rate.<\/span><\/li>\n<li style=\"font-weight: 400;\"><b>Relationship with the bank<\/b><span style=\"font-weight: 400;\"> \u2013 If you are an old customer of the bank, bank offers attractive offers on interest rate.<\/span><\/li>\n<li style=\"font-weight: 400;\"><b>Your company status<\/b><span style=\"font-weight: 400;\"> \u2013 The status of your company also affects your axis bank personal loan interest rate.<\/span><\/li>\n<\/ul>\n<h2><span style=\"font-weight: 400;\">Axis Bank Personal Loan EMI Calculator<\/span><\/h2>\n<p><span style=\"font-weight: 400;\">For ease of convenience of customers, the bank has developed Axis Bank Personal Loan EMI Calculator on its website. By using this calculator, you will get to know the EMIs you will be paying throughout the loan repayment period for the desired loan amount.<\/span><\/p>\n<p><b>How to use Axis Bank Personal Loan EMI Calculator?<\/b><\/p>\n<ul>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Put the desired loan amount<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Choose tenure month<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Pick interest rate. (Interest rate depends on customer\u2019s profile)<\/span><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">Once you\u2019re done with the steps mentioned above, you will be able to see the EMI you will be paying per month for the desired loan amount. Below, we have mentioned a table to provide some examples for the same.<\/span><\/p>\n<table>\n<tbody>\n<tr>\n<td><b>Loan Tenure<\/b>&nbsp;<\/td>\n<td><b>2 years<\/b><\/td>\n<td><b>3 years<\/b><\/td>\n<td><b>5 years<\/b><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">EMI for loan of Rs. 2 Lacs at 16% rate of interest<\/span><\/td>\n<td><span style=\"font-weight: 400;\">\u20b9&nbsp;9,792.62<\/span><\/td>\n<td><span style=\"font-weight: 400;\">\u20b9&nbsp;7,031.41<\/span><\/td>\n<td><span style=\"font-weight: 400;\">\u20b9&nbsp;4,863.61<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">Total amount you will be paying (principal loan amount + total interest)<\/span><\/td>\n<td><span style=\"font-weight: 400;\">\u20b9&nbsp;2,35,022.93<\/span><\/td>\n<td><span style=\"font-weight: 400;\">\u20b92,53,130.64<\/span><\/td>\n<td><span style=\"font-weight: 400;\">\u20b9&nbsp;2,91,816.69<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">Total interest you will pay<\/span><\/td>\n<td><span style=\"font-weight: 400;\">\u20b9&nbsp;35,022.93<\/span><\/td>\n<td><span style=\"font-weight: 400;\">\u20b9&nbsp;53,130.64<\/span><\/td>\n<td><span style=\"font-weight: 400;\">\u20b9&nbsp;91,816.69<\/span><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p><b>What is the eligibility for personal loan in Axis Bank?<\/b><\/p>\n<p><span style=\"font-weight: 400;\">To finance your needs with the help of <strong><a href=\"http:\/\/afinoz.com\/axis-bank-personal-loan\" rel=\"nofollow\">Axis Bank Personal loan<\/a><\/strong>, you must have to meet some eligibility criteria that is set by Axis Bank. They are \u2013<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Applicant must be salaried or self-employed professional.<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">He\/she should meet age criteria which is 21-60 years old.<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Minimum net monthly income should be of Rs. 15,000.<\/span><\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>It\u2019s festive season! Don\u2019t wish, it\u2019s time to turn your wish into a reality. Ahead of Diwali, you need to do make-over of your home. If you have not chalked out your goals, prepare them and get them funded with a personal loan.<\/p>\n","protected":false},"author":17679,"featured_media":19166,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[4407,4405,4406],"class_list":["post-19167","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uncategorized","tag-apply-axis-bank-peronal-loan-online","tag-axis-bank","tag-axis-bank-personal-loan"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/golocalclassified.com\/article\/wp-json\/wp\/v2\/posts\/19167","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/golocalclassified.com\/article\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/golocalclassified.com\/article\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/golocalclassified.com\/article\/wp-json\/wp\/v2\/users\/17679"}],"replies":[{"embeddable":true,"href":"https:\/\/golocalclassified.com\/article\/wp-json\/wp\/v2\/comments?post=19167"}],"version-history":[{"count":0,"href":"https:\/\/golocalclassified.com\/article\/wp-json\/wp\/v2\/posts\/19167\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/golocalclassified.com\/article\/wp-json\/wp\/v2\/media\/19166"}],"wp:attachment":[{"href":"https:\/\/golocalclassified.com\/article\/wp-json\/wp\/v2\/media?parent=19167"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/golocalclassified.com\/article\/wp-json\/wp\/v2\/categories?post=19167"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/golocalclassified.com\/article\/wp-json\/wp\/v2\/tags?post=19167"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}