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Axis Bank Home Loans

BankBazaar.com offers online application for Axis Bank Home Loan, with instant e-approval.

Axis Bank Home Loan Rate

Axis Bank home loan interest rates start as low as 10.5%. Check your eligibility now!

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Axis Bank home loan

salaried self employed NRI add co-applicant

Compare Home Loan Offers. Apply Online and Get e-Approved Instantly.

We've identified the lowest interest rate quotes for your profile with great savings.

Rates & special offers displayed below are accurate & applicable ONLY for applications made on BankBazaar.com

  • Some fields are incorrect or have not been filled in. Please correct this to proceed.
  •       Self Employed?
    Slowly start typing your employer's name and choose from the recommendations provided. If you do not see your employer on our list, simply type the name in this field.
  • This is your gross monthly salary as per your monthly payslip prior to deductions (include only payments via direct deposit or cheque i.e. exclude payments in hard cash and in-kind components)
  • Include only the following components of cost: Basic Cost, car parking (if being sold), Firefighting charges, electricity/water charges,Electrification charges, Power Back Up, Internal Development Charges (IDC), External Development Charges (EDC), Preferential Location Charges (PLC), Interest Free Maintenance Security Deposit ( IFMS), Club Membership, VAT & Service Tax, Stamp duty and registration charges.
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Axis Bank Home Loan Overview

Apply on BankBazaar.com for Axis Bank Home Loans and get instant e-approval.

Are you planning to buy a new home and looking for finance options? Check exciting housing loan deals from Axis Bank at BankBazaar.com. Axis Bank is offering Best-In-Class home loans with great features and benefits like; Attractive housing finance rates, Balance transfer facility, Doorstep service, Nil prepayment charges with Quick and transparent processing. Check your Axis Bank Home Loan eligibility now by filling up the above form and get best housing loan offers instantly. Check your Eligibility Now!

Why Apply for Axis Bank Home Loan on BankBazaar.com?
  • Lowest interest rates: We have coordinated with Axis Bnak to get you the best home loan interest rates. In fact Axis Bank use BankBazaar.com-powered technology to give their customers the best home loan experience on their website https://loans.axisbank.com/home-loan.html
  • Instant e-approval: On BankBazaar.com you can compare home loan offers, apply online and get instant e-approval for your home loans from Axis Bank.
  • Simple Online Comparison: Compare home loan offers on the basis of loan eligibility, EMI, interest rate, fees and customer ratings.
  • Transparency: Aimed at helping you make the right choice, we provide objective and transparent information about your loan options.
  • Privacy: When you apply for Axis Bank Home Loans ate BankBazaar.com your details are sent only to Axis Bank and are never shared with anyone else.
How to get Axis Bank home loans on BankBazaar.com?
  • Eligibility Calculator: Fill the form above to instantly get customized Axis Bank home loan quotes that you are eligible for.
  • Compare home loan offers: Compare customized home loan offers from Axis Bank based on your eligibility criteria and apply online.
  • Your home loan application will be sent electronically to Axis Bank. Axis Bank will contact you within one day.
  • BankBazaar.com will update you on your loan application status via email & SMS alerts

Axis Bank Home Loan FAQs

  1. How much can I borrow?
    • If the loan amount is less than 20 lacs then Axis Bank will fund up to 85% of the property value.
    • If the loan amount is more than 20 lacs then Axis Bank will fund up to 80% of the property value.
    • If the home loan is for home improvement or renovation then Axis bank will fund up to 75% of the Home improvement cost.

  2. What interest rate options are available for Axis Bank Housing loans?
    With Axis Bank you can choose from fixed and floating interest rate options.

  3. Can I transfer my existing home loan to Axis Bank?
    Yes, you can transfer your Home Loan to Axis Bank without any hassles and at attractive interest rates.

  4. Are there any Partial Pre-payment Charges?
    No, with Axis Bank there are no Partial Pre-payment Charges.

  5. Are there any Pre-closure Charges?
    No, with Axis Bank there are no Pre-closure Charges.

  6. Will I need a guarantor to get the Axis Bank home loan?
    No guarantor is required to get a Axis Bank Home loan.

  7. Can I Convert my floating rate loan to fixed rate loan or vice versa?
    Switching from the Floating rate scheme to the Fixed rate scheme and vice versa is permissible. If a fixed rate customer wants to reschedule the loan to a lower interest rate, the same is also permissible. Charges for changing from fixed to floating rates of interest : Min. Rs. 5000 or 1% of the outstanding amount whichever is higher.

  8. If there is change in interest rate, I would not like to change my tenure. I am happy if my EMI changes. Are there any extra charges for this?
    No, there are no extra charges on this.

  9. Can I start paying my EMI in case my loan is partly disbursed?
    Yes, you can always go ahead with this option, in which your complete EMI charge to you will be of total sanction loan. In which the Interest portion will be charged on the partly disbursed amount to you & Rest will be Principal portion.

  10. How does the floating rate change?
    The floating rate of interest of Home Loan is linked to the Mortgage Reference Rate (MRR) of Axis Bank. The MRR is a benchmark rate fixed by the Competent Authority, after taking into consideration various components like cost of funds, interest rates prevailing in the market, cost of operations and provisioning requirements etc. among others. The MRR of the Bank as on this date is 14.75%. The same is subject to change from time to time

Axis Bank Home Loan Eligibility & Documentation

Axis Bank Home Loan Eligibility:


  1. Salaried Individuals
    • Individuals in permanent service in the Government or reputed companies meet our Axis Bank Home Loan eligibility criteria
    • Applicants should be above 24 years of age at the time of loan commencement and up to the age of 60 or superannuation, whichever is earlier at the time of loan maturity.
  2. Professionals
    • Professionals (ie, doctors, engineers, dentists, architects, chartered accountants, cost accountants, company secretary and management consultants only) can apply.
    • Applicants above 24 years of age at the time of loan commencement and up to 65 years or less at the time of loan maturity meet our housing loan criteria.
  3. Self Employed Individuals
    • Any individual filing income tax returns can apply
    • Applicants should be above 24 years of age at the time of loan commencement and up to 65 years or less at the time of loan maturity

How is your Axis Bank home loan eligibility determined?
Based on the following aspects Axis Bank will determine your loan eligibility:

  • Your monthly income
  • Property cost (you can get 85% of the property value if the loan amount is less than 20 lakhs and 80% of the property value if the loan amount is more than 20 lakhs. )
  • Other EMI’s which you are paying for any other loan

Fill the form above to check your actual home loan amount eligibility.


Axis Bank Home Loan documentation for Salaried:

  • Proof of identity: Voter's ID card or driving license or PAN card or photo credit card or employees ID card or defense or police or government department ID card
  • Proof of income: Latest salary slips showing all deductions or Form 16 along with recent salary certificate
  • Proof of residence: Bank account statement or latest electricity bill or latest mobile or telephone bill or latest credit card statement or latest LIC policy or insurance premium receipt or employers letter certifying the current mailing address or latest NSC or other similar instruments indicating the address or existing house lease agreement.
  • Last 6 months Bank statement or Pass Book where salary or income is credited.

Axis Bank Home Loan documentation for Self Employed and others:

  • Proof of identity: Voter's ID card or driving license or PAN card or photo credit card.
  • Proof of income: IT returns for the last 2 years and computation of income for the last 2 years certified by a CA.
  • Proof of residence: Bank account statement or latest electricity bill or latest mobile or telephone bill or latest credit card statement or latest LIC policy or insurance premium receipt or latest NSC or other similar instruments indicating the address.
  • Last 6 months Bank statement or Pass Book where salary or income is credited.

Axis Bank Home Loan Interest RatesUpdated on 23 May 2013

Details of Axis Bank Home Loan

Axis Home Loan Interest Rate.(Monthly reducing balance)
10.75% to 11.25% floating. Check Customized Interest Rates Now!
Processing Fees
Up to 1% of loan amount
Axis Home Loan Tenure
1 year to 20 years
Axis Home Loan Amount Funded
Up to 85% of property value
Partial Pre-payment Charges
Nil
Pre-closure Charges
Nil
Guarantor Requirement
No guarantor required

Home Loan Articles

  • Checklist-Home loan documentation!
    Home loans are easy to come by these days. So, don’t fret over it. Focus on the documents you need to furnish while applying for a home loan. Documents required: We give you a standard list of documents your bank will ask for. Besides this you need to submit details of the property or home you are obtaining the loan for.
  • Are you loan eligible?
    Home loans are the most easily accessible financial supplement to purchase your dream home. To understand how to enhance your eligibility to apply for a home loan, make a simple self-assessment. Here is how banks do it.
  • Beware of these home loan facts!
    A bank is eligible to demand additional security when property prices fall. Even if you are loyal on your EMI payments, this clause demands a security cover in addition to your loan amount and if a borrower fails to provide such a security then he/ she may be declared a defaulter by the lender.
  • Arithmetic jugglery and home loans!
    Different banks quote their interest rates differently. Some might quote rates with an annual rest, while others may quote rates with a monthly rest. In every case the bank will usually quote the ‘annualised rate’, which is obtained by multiplying the rate per rest period into the number of rests per year.

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