The offered rate of interest is 10.1% which is reasonable. Axis bank executive has contacted me once for Home loan process and informed that he would come to collect documents but he never came. I dropped the plan of purchasing land and moreover the executive from Axis bank never turned back, they would have contacted me and updated the status but did not do so, which I am not much satisfied. In general I am satisfied with customer service of Axis bank and I would like to recommend to my friends.
06:34 PM - Oct 18, 2014
I would say the response as well the customer service team is quite good with AXIS bank in availing home loan. One concern is my email address as well as my residential address was not registered which was a delay, however finally it was resolved. The interest rate is as per the market standard and even the processing fees is lower as there was an offer.
05:31 PM - Oct 18, 2014
Axis bank is providing more loan amount while comparing to other banks. The home loan process was simple and easy, they sanctioned the home loan in a short period of time. My house did not have BRF plan thus they rejected my home loan application. I got a call from Axis bank executive and they provided enough details about loan. It would be great if Axis bank approve loan also for BRF plan housing.
03:24 PM - Oct 18, 2014
I had recently availed a home loan from HDFC LTD. Initially they were co-operative in all the thing. When the process went on the executive was not supportive. He was not attending the call in spite of contacting several times. He neither picked my call nor called me back for about 20 days. Everything went smooth once he got in touch with me. The documentation was very quick and my loan was disbursed within 10 to 15 days of time at a rate of interest 10.15%.
06:18 PM - Oct 18, 2014
It was a good experience of availing a home loan from CANFIN last month. They basically took lot of time to disburse my loan. However when these finance companies are undertaken by websites like bankbazaar.com the processing would be much more faster because bankbazaar will ensure to speed up their processing. I think the rate of interest is quite decent. They are offering 10.95% for less than rs30 lakhs.
05:21 PM - Oct 18, 2014
It was a nice experience of availing a home loan from HDFC LTD in the month of Aug'2014. The services provided by HDFC LTD are very nice. There was no hectic and they have not asked for any special documents at all. They have supported very well at each & every point in regards to documentaiton. They didn't even ask me to visit their branch when I was out of station and sent my documents through courier. I have saved lot of time and money.
02:02 PM - Oct 18, 2014
I had availed a home loan of rs20 lakhs from IDBI bank and I had closed the loan within the first 6 months. The processing was fast and completed within 12 days of time. They offered me an interest rate of 10.5% however they don't have a good customer service and also ther response was not that good.
05:55 PM - Oct 18, 2014
I had finalized a B-Khata property and I applied for a home loan with Tata Capital. They rejected my application stating B-Khata properties are not eligible for a home loan. The reality is that when we go through the local agent with some of the finance companies are offering a home loan for a B-Khata property also. My home loan need was fulfilled by such finance company only.
05:20 PM - Oct 18, 2014
It was a great experience of availing a home loan from HDFC LTD couple of months ago. The HDFC LTD branch relationship manager was very good and helpful. It took almost one month to get all the things done due to some delay in documentation. They keep requesting more & more documents at the last moment. It would be better if they request all the documents at one shot. Because of the manager we are very happy with the services of HDFC LTD and he made things done effectively.
01:41 PM - Oct 18, 2014
It was a good experience with Corporation bank in availing home loan. This bank offered the loan for the joined account which is been linked with my brother's account. Interest rate is 11.75% with 1% as the processing fees. Pre payment option is available where there is no charges.
05:35 PM - Oct 18, 2014
The executives of Axis bank has contacted me several times and they addressed my queries properly. Response was good from Axis bank for my home loan. The rate of interest is 10.25%. I felt fees and charges to be high however one of the Relationship Manager promised me to offer processing fee of 5,000 instead of 10,000. I got opportunity to go abroad in a couple of weeks thus I dropped the home loan application with Axis bank.
04:58 PM - Oct 18, 2014
My experience with Axis bank was good and I am satisfied with customer service. Home loan application with Axis bank got closed due to some document issues but I am happy with service they provided. The rate of interest 10% is not much high and not much low, it is reasonable and I am satisfied with the processing fee as well. Everything has been explained better.
01:34 PM - Oct 18, 2014
Are legally adult enough to handle it
Have still got it
Get a regular pay check
Make more than a basic buck
EMI limited to about 50%
of monthly income
Loan capped @ 75% - 85% on property value
EMIs of other loans lower
Making your spouse a co-applicant
Choose longer tenure loans of up to 20 - 30 years
Alternatively add your parents as co-applicants
|Interest Rate (Monthly reducing balance)||10% - 10.5%|
|Processing Fees||0.5% of Loan|
|Loan Tenure||1 year to 20-30 years|
|Partial pre-payment Charges||Nil|