The Axis Bank provides Personal Loan at reasonable interest rates ranging between 15.75% - 24% for a maximum amount of up to Rs 15,00,000. The penal interest charges stand at 2% per month and a maximum repayment tenure spread over 60 months.
|Loan Name||Interest Rate||Processing Fee||Loan Amount||Tenure|
|Axis Bank Personal Loan||15.75% to 24%||1.50% to 2.00% of loan amount + GST as applicable||1500000||12 - 60 months|
For Salaried Individuals:
For Self Employed Individuals:
Q: What are the documents required to avail the personal loan in Axis Bank?
A: The following documents are required to get a Personal loan in Axis Bank :
Q: Which is better loan between Personal loan and credit card loan?
A: While comparing with credit card loan personal loan is better, because the interest rates are high in credit card loan and also you may not get a huge amount in credit card loan .so, always prefer personal loan instead of credit card loan.
Q: How can I get a better rate of interest on the personal loan?
A: These three key points may help you to get a better rate of interest
During the festival season, some banks may offer an attractive rate of interest. Request a personal loan at this seasonal time for better interest rates.
The credit score will play a major role while applying for a personal loan. you may bargain with banks for the best personal loan deal on having a high credit score
A good track record of your previous repayment on loans can be helpful in getting attractive deals on the personal loan.
Q: How much the salary required to get a personal loan?
A: The minimum salary required to avail a personal loan is 15000/- it differs from one lender to another.
Q: How can I get a personal loan without salary slip?
A: An individual without a salary slip also u can get a personal loan, the lenders can take bank statement, a copy of form -16 of lost two years and Employee certificate from your employer, etc documents are enough of your income and employment.