A "low interest" loan shouldn't mean you have very little interest in paying it back!
  • loading

    We found 2 Axis Bank Home Loan Interest Rate
    Bank Name
    Interest Rate Range
    Processing Fee Range
    Loan Amount
    Tenure Range
    8.75% - 10% Fixed/Floating
    0.50% (min. ₹10,000) One time fee
    5L - 10Crs
    1-30 Years
    Response Time : Within 30 minutes
    Rs.5,000 Amazon Voucher
    What you'll love
    Documents
    Perks
    Fees & Charges
    Good to Know
    9.25% Floating
    0.50% (min. ₹10,000)
    1Cr - 5Crs
    1-20 Years
    Response Time : Within 30 minutes
    Rs.5,000 Amazon Voucher
    What you'll love
    Documents
    Perks
    Fees & Charges
    Good to Know
    Axis Bank Home Loan Interest Rate is Rated as "Great!" by 34 Users

    Fees & Charges

    Promised Interest Rate

    Customer Service

    Responsiveness

    Home Loan BYTES FROM OUR KITCHEN

    Axis Bank Home Loan Interest Rate

    Axis Bank is one of the top banks in India that offers great financial products and services. The home loan solutions offered by Axis Bank come with great flexibility and innovation. They are designed to cater to the needs and requirements of the customers. The rate of interest associated with Axis Bank Home Loan ranges between 8.35% and 11.75%. However, the interest rate associated with the Super Saver Scheme stands at 9.25%.

    Below Mentioned are Axis Home Loan Interest Rates offered By BankBazaar

    Rate And Charges Specification
    Interest Rate 8.35% to 11.75%, Super Saver Scheme - 9.25%
    Processing Fees 0.5 of Loan amount minimum of Rs.10,000
    Loan Tenure 1 year to 30 years Super Saver Scheme - 1 year to 20 years
    Partial pre-payment Charges Nil
    Pre-closure Charges Nil
    Guarantor Requirement No Guarantor Required

    The tenure of the Axis Bank home loan ranges between 1 year and 30 years. However, the loan tenure for the Super Saver Scheme ranges between 1 year and 20 years. The processing fee associated with Axis Bank housing loan is 0.5% of the total loan amount. No pre-closure charges or partial prepayment charges are associated with the loan. No guarantor is required while applying for the loan.

    Types of Home Loans offered By Axis Bank:

    1. Fast Forward Home Loan
    2. Shubh Aarambh Home Loan
    3. Asha Home Loan
    4. Axis Bank Home Loan
    5. Empower Home Loan
    6. Super Saver Home Loan
    7. Top Up Home Loan
    8. Pradhan Mantri Awas Yojana
    Name of the Loan Minimum loan Amount Maximum loan Amount Rate of interest Applicable Maximum Tenure
    Fast Forward Home Loan Rs.30 lakh Depends on the combined income Floating 30 years
    Shubh Aarambh Home Loan Rs.1 lakh Depends on the combined income Floating Up to 30 years
    Asha Home Loan Rs.1 lakh Up to Rs.28 lakh Floating and Fixed 30 years
    Axis Bank Home Loan Rs.3 lakh Depends on the combined income Floating and Fixed 30 years
    Empower Home Loan Rs.10 lakh Up to Rs.150 lakh Floating 15 years
    Super Saver Home Loan Rs.60 lakh Depends on the combined income Floating 22 years in case of partial disbursement and 20 years in case of full disbursement
    Top Up Home Loan - Rs.50 lakh Up to 30% of the amount sanctioned for the home loan Same as the tenure of the outstanding home loan
    Pradhan Mantri Awas Yojana Subsidy is defined for each category Subsidy is defined for each category Floating and Fixed Subsidy can be availed up to 20 years

    Axis Bank Home Loan Floating Interest Rates for Salaried Individuals:

    Type Loan Amount MCLR + Mark Up  Effective Rate Of Interest
    Floating Rate Loan amount up to Rs.30 lakh MCLR + 0.20% 8.35% p.a.
    Loan amount up to Rs.75 lakh MCLR + 0.50% 8.65% p.a.
    Loan amount above Rs.75 lakh MCLR + 0.55% 8.70% p.a.
    Top Up for the existing customers Up to 30%- Same rate at which the home loan is running 30%-100%- LAP rate shall be applicable

    The effective rate of interest for Axis bank home loan for a loan amount of up to Rs.30 lakh stands at 8.35% per annum. In case of a loan amount up to Rs.75 lakh, the effective rate of interest stands at 8.65% per annum. For a loan amount above Rs.75 lakh, the rate of interest stands at 8.70% per annum.

    Axis Bank Home Loan Floating Interest Rates for Self Employed:

    Type Loan Amount MCLR + Mark Up Effective Rate Of Interest
    Floating Rate Loan amount up to Rs.30 lakh MCLR + 0.25% 8.40% p.a.
    Loan amount up to Rs.75 lakh MCLR + 0.55% 8.70% p.a.
    Loan amount above Rs.75 lakh MCLR + 0.60% 8.75% p.a.
    Top Up for the existing customers Upto 30%- Same rate at which the home loan is running 30%-100%- LAP rate shall be applicable

    The effective rate of interest for Axis bank home loan for a loan amount of up to Rs.30 lakh stands at 8.40% per annum. In case of a loan amount up to Rs.75 lakh, the effective rate of interest stands at 8.70% per annum. For a loan amount above Rs.75 lakh, the rate of interest stands at 8.75% per annum.

    Axis Bank NRI Home Loan Interest Rates for Salaried Individuals:

    Type Loan Amount MCLR + Mark Up Effective Rate Of Interest
    Floating Rate Loan amount up to Rs.30 lakh MCLR + 0.20% 8.35% p.a.
    Loan amount up to Rs.75 lakh MCLR + 0.50% 8.65% p.a.
    Loan amount above Rs.75 lakh MCLR + 0.55% 8.70% p.a.
    Top Up for the existing customers Up to 30%- Same rate at which the home loan is running 30%-100%- LAP rate shall be applicable

    The effective rate of interest for Axis bank home loan for a loan amount of up to Rs.30 lakh stands at 8.35% per annum. In case of a loan amount up to Rs.75 lakh, the effective rate of interest stands at 8.65% per annum. For a loan amount above Rs.75 lakh, the rate of interest stands at 8.70% per annum.

    Axis Bank NRI Home Loan Interest Rates for Self Employed:

    Type Loan Amount MCLR + Mark Up Effective Rate Of Interest
    Floating Rate Loan amount up to Rs.30 lakh MCLR + 0.25% 8.40% p.a.
    Loan amount up to Rs.75 lakh MCLR + 0.55% 8.70% p.a.
    Loan amount above Rs.75 lakh MCLR + 0.60% 8.75% p.a.
    Top Up for the existing customers Upto 30%- Same rate at which the home loan is running 30%-100%- LAP rate shall be applicable

    The effective rate of interest for Axis bank home loan for a loan amount of up to Rs.30 lakh stands at 8.40% per annum. In case of a loan amount up to Rs.75 lakh, the effective rate of interest stands at 8.70% per annum. For a loan amount above Rs.75 lakh, the rate of interest stands at 8.75% per annum.

    Axis Bank Home Loan MCLR Base Rate:

    Tenure MCLR
    3 years 8.35%
    2 years 8.30%
    1 year 8.25%
    6 months 8.15%
    3 months 8.00%
    1 month 7.80%
    Overnight 7.80%

    Factors on which Axis Bank Home Loan Interest Rate Depends:

    • Salary: The housing loan applicant’s salary is extremely important in determining the interest rate associated with the loan. If the salary of the applicant is high, the rate of interest associated with the home loan will be low.
    • Amount: The rate also depends on the amount of loan borrowed by the customer. If someone avails a higher loan amount, he/she will have to pay a lower rate of interest.

    AXIS Bank Home Loan Interest Rate 2017 Reviews

    • Axis Bank Home Loan
      "Good "
      0.5 4.0/5 "Great!"
      I was contacted by the Axis bank for the housing loan through other sources. Rate of interest is around 8.7% and the customer service is good with them and the response is also good one with them. I dont have any suggestion to the Axis bank. Rate of interest is the only constraint for me.
      Was this review helpful? 0
      , bangalore
      Reviewed on Mar 18, 2017
    • Axis Bank Home Loan
      "Excellent"
      0.5 5.0/5 "Blown Away!"
      I took housing loan from Axis bank, interest rate is around 8.5% and the customer service is good. I got 100% of the loan amount got disbursed amount is 54 laks for 25 years, Yet to start EMI like 46k,based on LIC they have offered me home loan it was 3 days offer without processing fee and charges.
      Was this review helpful? 1
      , bangalore
      Reviewed on Feb 18, 2017
    • Axis Bank Home Loan
      "Very much satisfied"
      0.5 5.0/5 "Blown Away!"
      I took housing loan from Axis bank, interest rate is around 9.35% and the customer service is good. I got 100% of the loan amount got disbursed to my account and the documentation procedures were very minimal because I am an exsisting customer of the same bank. I have not found any hiccup with Axis bank till now.
      Was this review helpful? 3
      , pune
      Reviewed on Feb 17, 2017
    • Axis Bank Home Loan
      "Good work done"
      0.5 3.5/5 "Pretty good"
      Upon finalizing the property I had taken a housing loan from AXIS Bank. Interest rate offered by them was in line with other banks and processing fee charged by them was more. I got the final amount within 20 days of time. The property was inspected on time. I am happy with the foreclosure option which is available, part payment too. The only negative thing which I am experiencing is it does not come under the tax deduction.
      Was this review helpful? 1
      , visakhapatnam
      Reviewed on Sep 30, 2016
    • Axis Bank Home Loan
      "Need pro-active service"
      0.5 5.0/5 "Blown Away!"
      Within a month of time the loan amount got successfully disbursed to my account from the Axis bank. Interest rate for the housing loan with them was around 9.35% with some negotiation. Due to the offers was on that time, there was no processing charges. I would like to suggest that Axis bank have to be more pro-active while collecting original documents.
      Was this review helpful? 0
      , bangalore
      Reviewed on Aug 25, 2016
    • Axis Bank Home Loan
      "Best service"
      0.5 3.0/5 "Satisfactory"
      My home loan was approved in 20 days and in one month it was disbursed by axis bank. Rate of interest charged 9.55% and the processing fee was 0%. They sanctioned 80% of the loan on basics of the salary. Papers collected for the loan were very easy.
      Was this review helpful? 0
      , pune
      Reviewed on Mar 12, 2016
    • Axis Bank Home Loan
      "completely satisfied.."
      0.5 4.0/5 "Great!"
      I stopped the home loan deal because the interest rate is too high for me. Home loan service and process is good but not happy with the Axis bank rate. Home loan process is smooth. Previously I had availed the loan from different bank where the rate was 11% and the Axis bank rate is high. Axis bank is too good and like their service.
      Was this review helpful? 0
      , mumbai
      Reviewed on Mar 07, 2016
    • Axis Bank Home Loan
      "Its good"
      0.5 4.0/5 "Great!"
      Due to my home loan requirement I tried it with axis bank. Interest rate informed was of okay range and that is 9.50%. During the loan process one of the executives informed me that I wont be eligible for the loan as my plan was not approved by the bank.
      Was this review helpful? 0
      , new delhi
      Reviewed on Mar 07, 2016
    • Axis Bank Home Loan
      "Average"
      0.5 2.5/5 "Just OK"
      I dint found the right property on time , so I dint took the home loan with the Axis bank. Rate of interest was also high with them but that's not a major concern. Response is fair with the Axis bank and there are no issues. Tenure is high with them.
      Was this review helpful? 3
      , chennai
      Reviewed on Jan 06, 2016
    • Axis Bank Home Loan
      "Average"
      0.5 2.5/5 "Just OK"
      I dint found the right property on time , so I dint took the home loan with the Axis bank. Rate of interest was also high with them but that's not a major concern. Response is fair with the Axis bank and there are no issues. Tenure is high with them.
      Was this review helpful? 1
      , hyderabad
      Reviewed on Jan 06, 2016
    • Axis Bank Home Loan
      "Average"
      0.5 4.0/5 "Great!"
      I was looking for the best property and I dint finalized yet, so I dint got the home loan with the Axis bank. Rate of interest is comparatively high with them like I can say its an average. The service are good with the Axis bank.
      Was this review helpful? 1
      , thane
      Reviewed on Jan 06, 2016
    • Axis Bank Home Loan
      "Very good"
      0.5 4.0/5 "Great!"
      I changed my location to buy the property as of right now, so I have not go ahead with the housing loan of Axis bank. Interest rate with the Axis bank was around 9% and the services are 100% good and their online portal too.
      Was this review helpful? 1
      , hyderabad
      Reviewed on Jan 06, 2016
    • Axis Bank Home Loan
      "Good"
      0.5 3.0/5 "Satisfactory"
      Axis bank executives have not turned up for the housing loan which I applied with the Axis bank . Rate of interest was around 10.5% which was floating and they have contacted me immediately once I called them. Lack of response is the main reason that's why I have not go ahead with them.
      Was this review helpful? 1
      , pune
      Reviewed on Dec 26, 2015
    • Axis Bank Home Loan
      "Awesome"
      0.5 4.5/5 "Excellent!"
      Within seven to eight days i got he home loan approval from axis bank ..Interest rate and processing fee were very nominal in fact they have given some discount as i have an account with them. The documents was collected by the representative. .
      Was this review helpful? 2
      , delhi
      Reviewed on Dec 12, 2015
    • Axis Bank Home Loan
      "Good"
      0.5 4.0/5 "Great!"
      I got the home loan from other bank, so I have not go ahead with the Axis bank. Rate of interest was not okay for me on that time and the services are good with the Axis bank. In future I would like to go ahead with the Axis bank.
      Was this review helpful? 0
      , pune
      Reviewed on Dec 08, 2015
    • Axis Bank Home Loan
      "better"
      0.5 3.0/5 "Satisfactory"
      My property was not yet finalized , so I have not taken the home loan with the Axis bank. Rate of interest is high with them and they have the processing charges for that. The services are good with them and they have contacted me immediately.
      Was this review helpful? 0
      , chennai
      Reviewed on Dec 08, 2015
    • Axis Bank Home Loan
      "Quick processing"
      0.5 5.0/5 "Blown Away!"
      Within four days after submitting the documents i got all the home loan from axis bank. Interest rate offered was 9.65% and processing fee was 11,000 which is little high . Documentation process was very easy .
      Was this review helpful? 0
      , surat
      Reviewed on Dec 07, 2015
    • Axis Bank Home Loan
      "Its fine"
      0.5 3.0/5 "Satisfactory"
      Market rate is much lower than Axis bank interest rate. My personal opinion is the Axis bank customer care is not good. It would be great if they provide a better amount with a lesser interest rate. Response was quite quick and I got response on time.
      Was this review helpful? 0
      , new delhi
      Reviewed on Dec 07, 2015
    • Axis Bank Home Loan
      " Good"
      0.5 2.5/5 "Just OK"
      On October I have applied for the home loan with the Axis bank. Rate of interest for the Axis bank was around 9.70%. In the mean time I got the home loan with the State Bank of India where I have the saving account, also I have approached them as first.
      Was this review helpful? 0
      , mumbai
      Reviewed on Nov 30, 2015
    • Axis Bank Home Loan
      "Best "
      0.5 5.0/5 "Blown Away!"
      I have dropped the plan because I have not finalized the property, so I have not the home loan with the Axis bank. Rate of interest was around 10.55% and am okay. Customer service is fine with the Axis bank and there are no issues with that.
      Was this review helpful? 1
      , chennai
      Reviewed on Nov 28, 2015
    Common Loader Icon

    Display of any trademarks, tradenames, logos and other subject matters of intellectual property belong to their respective intellectual property owners. Display of such IP along with the related product information does not imply BankBazaar's partnership with the owner of the Intellectual Property or issuer/manufacturer of such products.

    Loading your search...
    Close

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

  • reTH65gcmBgCJ7k
    This Page is BLOCKED as it is using Iframes.