Axis Bank Personal Loan

Axis Bank Personal Loan
 4.0 / 5.0   by 33 users
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Fees & Charges

Promised Interest Rate

Customer Service

Responsiveness

Axis Bank Limited (formerly UTI Bank) is the third largest private sector bank in India. It offers financial services to customer segments covering Large and Mid-Corporates, MSME, Agriculture and Retail Business. Axis bank offer loan for salaried person who has a dream vacation, child's education, home renovation or wedding in your family, you can instantly fulfill your aspirations with Axis Bank Personal Loans.


You’re probably eligible for an Axis Bank Personal Loan if you are

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02
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Axis Bank Personal Loan Minimum Age

At least 21 years old

Axis Bank Personal Loan Maximum Age

Less than 60 years old

Axis Bank Personal Loan Eligible Employment Type

Salaried / Self – Employed
with regular income

Axis Bank Personal Loan Minimum Income

Earn more than the minimum
income required


Your Axis Bank Personal Loan amount eligibility is based on these factors

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Axis Bank Personal Loan Minimum Salary

Minimum income required
Rs. 15,000 per month

Axis Bank Personal Loan Maximum Loan Funded

Maximum allowed personal loan is Rs. 15 lakhs

Axis Bank Personal Loan EMI

EMIs of other loans lower
your eligibility


Increase your eligible Axis Bank Personal Loan amount by these steps

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Axis Bank Personal Loan Payoff Outstanding Credit Card Bills

Pay off your credit card bills

“Axis

Choose longer tenure loan up to 60 months


Documentation needed to apply for an Axis Bank Personal Loan

  • 1. Signed application form with photograph
  • 2.Copy of passport/voter ID card/driving license
  • 3. Processing fee cheque
  • 4. Last 3 months bank statement/6 months bank passbook
  • 5. Documentation for salaried applicants:
    • Latest salary slip
    • Current dated salary certificate with the latest Form 16
  • 6. Documentation for self-employed applicants:

    • Latest Bank statement
    • Latest ITR or Form 16

Axis Bank Personal Loan Interest RatesUpdated on 24 Jul 2014

Axis Bank Personal Loan Details
Interest Rate (Monthly reducing balance) 15%-24% p.a
Processing Fees 1.50% to 2.00% + Service Tax as applicable
Loan Tenure 60 months
Guarantor Requirement No guarantor required

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Axis Bank Personal Loan Reviews

100 % of our customers would recommend this bank. (33 out of 33) Write Review
Customer Reviews
Page 1 of 2 1 2
  • Great experience
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    JEYAKUMAR R R, coimbatore
    Recommend Recommended by user
    Validated User

    It was really good banking with AXIS bank. Had a great experience of availing a personal loan three years ago. I had no difficulty in getting a loan because they give priority to the customers having savings account, credit cards, etc. Very easy documentation and processing was much faster. Best part is there are no pre-closure charges.

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    took a Personal Loan from AXIS BANK on BankBazaar.com Reviewed on
  • Validated User
    (2)

    I applied for the personal loan from Axis Bank the processing and the documentation was very good and the customer service executive are very friendly and my loan amount got approved in two days, the EMI was affordable. I would like to share about the Bajaj Finance that i had a very disappointing service i applied for personal loan from Bajaj Finance when the loan got rejected they did not even make any intimation on the status.

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    took a Personal Loan from AXIS BANK on BankBazaar.com Reviewed on
  • Good Service
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    SRIRAMA B K , bangalore
    Recommend Recommended by user
    Validated User

    AXIS Bank PL Service was good i got loan approval with in 10 days the representative came home and did all the formalities and i got loan, only disadvantage i feel was interest rate was high but there response was very good they solved all my queries i have no suggestion overall i am satisfied with service.

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    took a Personal Loan from AXIS BANK on BankBazaar.com Reviewed on
  • Validated User

    I have been holding this personal loan for several years now, its absolutely fine all is well , and when it comes to loan process its good they process the loan quickly when compared with other Banks, they are customer oriented, their prime focus is on customer service and what more ! so I have no suggestions for them.

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    took a Personal Loan from AXIS BANK on BankBazaar.com Reviewed on
  • (1)

    I have applied personal loan in axis bank. The time duration what they have taken is very low and the service provided by them is really good . also very interesting part is that "there is no extra charges for part payment and closure" . other services like customer support is good ...

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    took a Personal Loan from AXIS BANK Reviewed on
  • Validated User
    (0)

    Axis Bank PL overall service is very good what they promised they gave took loan 3 years back no prepayment charges on my loan interest provided was good. Got approval in just 3 days like to refer to all good response from staffs had no queries fully satisfied with the services.

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    took a Personal Loan from AXIS BANK on BankBazaar.com Reviewed on
  • Validated User

    I would like to say it was a very good and very quick loan disbursement which i took by December 2013. It took around 5 working days for the disbursement and all the documents was minimal. Processing charges was quite higher and i had an option of 0% pre closure charges, so considering that, I opted this loan. It would be better if they generate the Bank statements on line which i am not able to do right now. It can be sent either through email or generated on line.

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    took a Personal Loan from AXIS BANK on BankBazaar.com Reviewed on
  • Great experience
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    MURALI KRISHNA KARRI, visakhapatnam
    Recommend Recommended by user
    Validated User
    (8)

    I was very happy on receiving my personal loan from AXIS bank in the year 2012. It is very difficult to get a loan from a bank without holding a savings account but AXIS bank made it possible. I had no relationship with AXIS bank but they offered me the loan amount what I expected. Rate of interest was very less comparatively to other private banks in the market.

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    took a Personal Loan from AXIS BANK on BankBazaar.com Reviewed on
  • Validated User
    (1)

    Had a great experience of availing a personal loan from AXIS bank in the year 2011. AXIS bank is very fast in processing the application and my loan was disbursed within a week. Documents are less & easy. Rate of interest, fees & charges are quite less comparatively to other banks in the market.

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    took a Personal Loan from AXIS BANK on BankBazaar.com Reviewed on
  • Validated User

    AXIS bank is very perfect and I don't have any problem. I was very happy on receiving my personal loan from AXIS bank. The bank executives approached me very friendly and gave proper resolutions understanding my needs. They are providing services way beyond the satisfaction of the customers. I got what I expected from the them. Rate of interest is fine and affordable.

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    took a Personal Loan from AXIS BANK on BankBazaar.com Reviewed on
  • Good Service
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    SAJEESH STALIN, coimbatore
    Recommend Recommended by user
    Validated User
    (0)

    I am satisfied with the overall service with the Axis Bank on the personal loan processing and the documentation was very quick and the customer service executive who took the initiative from the day one till my loan amount got approved,and the whole process got completed in day which was really excellent.

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    Fees & Charges
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    took a Personal Loan from AXIS BANK on BankBazaar.com Reviewed on
  • Good experience
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    GUNASEKAR JABBALA, chennai
    Recommend Recommended by user
    Validated User
    (1)

    Had a great experience of applying a personal loan with AXIS bank a couple of years ago. They were very helpful to me in completing the loan process faster. Documentation and processing time was very less when compared to other banks in the market.

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    Promised Interest Rate
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    took a Personal Loan from AXIS BANK on BankBazaar.com Reviewed on
  • SO FAR SO GOOD
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    PRATEEK KUMAR SHARMA, ghaziabad
    Recommend Recommended by user
    Validated User
    (0)

    I am holding a personal loan with Axis bank for the last 18 months, their rate of interest is very high, it took some time to process the request and with in a span of 5 or 6 days it got the loan, however I am ok with the emi dates and I am paying through ECS and I have no issues with them so far.

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    took a Personal Loan from AXIS BANK on BankBazaar.com Reviewed on
  • Validated User
    (0)

    Axis Bank PL overall satisfied with service the approval process took just 3 days only the representative came home and did all the formalities I am fully satisfied with service even dd also the representative came and gave to me response was so good overall its perfect service.

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    Fees & Charges
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    took a Personal Loan from AXIS BANK on BankBazaar.com Reviewed on
  • Wonderful
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    SRINIVAS SIVAKUMAR, hyderabad
    Recommend Recommended by user
    Validated User
    (1)

    I applied for the personal loan from Axis Bank I would say the time taken was too short when compared to other banks, the customer service executive collected the documents and the whole process got completed in three days which was excellent, the EMI was affordable, overall service was good.

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    Promised Interest Rate
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    took a Personal Loan from AXIS BANK on BankBazaar.com Reviewed on
  • Good
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    MURUGESAN RANGASWAMY, pune
    Recommend Recommended by user
    Validated User
    (2)

    Axis Bank I would say thats the right place to apply for the personal loan but little disappointing is that the rate of interest is high when compared to other banks, my loan amount got processed in a week and from the day one i was getting the status of the loan from the customer service executive, overall the service was good.

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    Fees & Charges
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    took a Personal Loan from AXIS BANK on BankBazaar.com Reviewed on
  • GOOD ONE
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    VIMLESH MUNIVEL RAJAMANICKAM, chennai
    Recommend Recommended by user
    Validated User
    (0)

    AXIS Bank personal loan, they have given a tenure of 5 years though I have asked it for 4 years only, it could be better if they change it also they approved the exact loan amount,I am happy with the emi dates they are very polite they co-ordinated with them well, verification was done on time.

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    took a Personal Loan from AXIS BANK on BankBazaar.com Reviewed on
  • QUICK PROCESSC
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    RUDHIR MADHAVAN, bangalore
    Recommend Recommended by user
    Validated User
    (0)

    AXIS Bank Personal Loan is good, they are very quick in processing the request as it took only 48 hours for the loan to get approved and the amount was transferred to my account .I got the exact loan amount and the emi dates and there is no hidden cost and overall is good.

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    took a Personal Loan from AXIS BANK on BankBazaar.com Reviewed on
  • Overall Satisfied with Service
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    NISHAL RAI SITARAM RAI, navi mumbai
    Recommend Recommended by user
    Validated User
    (3)

    Axis Bank PL overall satisfied with service best thing is the approval took just 2 days only the representative came home and did all the formalities and got approval even the response was good for any queries. Overall satisfied with the service.

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    Promised Interest Rate
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    took a Personal Loan from AXIS BANK on BankBazaar.com Reviewed on
  • Good
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    RAGHVENDRA S, bangalore
    Recommend Recommended by user
    Validated User
    (5)

    I applied for the personal loan from Axis Bank, I would say the process and the documentation was very quick when compare with other banks and the EMI was also affordable, the customer service executive who came to collect the document had a follow up and updating the status till the loan got approved.

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    Promised Interest Rate
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    took a Personal Loan from AXIS BANK on BankBazaar.com Reviewed on
Customer Reviews
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