Axis Bank Super Save Home Loan

Axis Bank’s Super Saver Home Loan comes with attractive interest rates starting from 8.15% p.a. You can repay the loan over a period of 22 years (maximum). Here’s how it works.

Once you sign up for this facility, you will have a Super Saver account. This account lets you deposit funds after the loan is disbursed, thereby bringing down the principal outstanding. The interest will be charged on the net principal outstanding. This will help you save on the interest payable.

Features and Benefits of Axis Bank Super Saver Home Loan

• Save more on the interest
• Withdraw excess funds whenever required
• Attractive rates starting from 8.15% p.a.
• Repayment tenure of 22 years
• No prepayment charges
• Loans starting from Rs.50 lakh

Eligibility Criteria

• Age: Above 21 years
• Nationality: Resident Indian
• Type of employment: Salaried and self-employed

Documents Required

For salaried

• Identity proof
• Residential address proof
• Date of birth proof
• Signature proof
• Last 3 months’ payslip
• 6 months’ bank statements
• Continuation of employment proof or last 2 years’ Form 16

For self-employed

• Identity proof
• Residential address proof
• Date of birth proof
• Signature proof
• Income Tax Returns (2 years)
• Tax audit report (if applicable)
• Last 6 months’ bank statements (personal and business accounts)
• 3 years’ business continuity proof

For those who are partners in a firm

• Identity proof
• Residential address proof
• Date of birth proof
• Signature proof
• Partnership deed
• Income Tax Returns (audited)
• List of partners and No Objection Certificate
• Partnership authority letter signed by all partners (if applicable)

For those who are directors in a company

• Identity proof
• Residential address proof
• Date of birth proof
• Signature proof
• Last 2 years’ Income Tax Returns along with computation of income certified by a chartered accountant (CA)
• Profit and loss account details along with balance sheet certified by CA
• Tax audit report (if applicable)
• Board Resolution
• Incorporation certificate along with MOA and AOA
• Latest Shareholding Pattern

Sign up for the Super Save Home Loan facility if you want to save more on the interest payable. In case you are in need of funds, you can withdraw excess amount deposited in the Super Saver account. Make sure to read the fine print thoroughly before applying.