Axis bank allows you to avail loan against your properties. Availing loans against property is the best way to monetize on your property. The loan provided against property by Axis bank is applicable for both residential and commercial properties. The loan comes at a competitive rate of interest and allows refinancing with a takeover of an existing loan.
Features of Axis Bank Loan against Property (Mortgage Loan)
Listed below are the features of Axis Bank loan against property
The loan comes at an attractive rate of interest
Available for both residential and commercial properties
Loans granted for purchase of commercial property under the scheme
Take-over of existing loans along with the option of refinancing
Flexible tenure period
Lease rental discounting available
Offers edge loyalty points on the loan
Minimal documentation
Doorstep service
Easy and hassle free application process
Can be applied for online
Benefits of Axis Bank Loan against Property
Listed below are the benefits of Axis Bank loan against property.
Take-over of existing loan- The loan allows the take-over of an existing loan along with the option of refinancing if needed.
Loyalty points- Loyalty points are awarded on loans depending on the disbursal amount.
Eligibility criteria for Axis Bank Loan against Property
Listed below is the eligibility criteria for Axis Bank loan against property (Mortgage Loan).
The loan is available for salaried individuals, professionals and self-employed individuals.
Minimum age is 24 years
Maximum age at the time of maturity is 65 years
Fees and charges applicable on Axis Bank Loan against Property
Listed below are the fees and charges applicable on Axis Bank loan against property.
Processing charges- 1% plus service tax
Pre-payment charges- 2%
Interest rate for Axis Bank Loan against Property
The current rate of interest on Axis Bank loan against property is as follows.
Interest rate on loan against self-occupied residential property- 11.75%
Interest rate on loan against residential and commercial property- 12.75%
A GST rate of 18% will be applicable on banking services and products from 01 July, 2017.
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I have been using Axis bank personal loan long time. The loan amount they have given me was sufficient, and the rate of interest they have charged me was bit high they have charged me up to 13.5% , which was high comparing to market rate. The processing fee they have charged me it was nominal . Their overall service is Average.
I have purchased a personal loan from Axis bank 2 years ago. From the offer they have ready to give the immediately hence i chosen them. They have sanctioned the loan in 3 days. They have offered me a interested in 17% and they have offered me a tenure period of 36 months. I can do the pre-closure any month after 3EMIs.
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2
MUTHINENI SAMPATH KUMAR
, hyderabad
Reviewed on Jan 22, 2019
I had taken this loan a long time back and it was closed recently. The process in getting this card has been smooth and simple where it had taken just two to three days in getting this loan. The loan amount which they had provided has been sufficient and the interest rate was nominal, the charges has also not been high.
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1
MOHAMMED NAYEEM AHMED
, bangalore
Reviewed on Jan 22, 2019
I have been using Axis bank personal loan . They have given me sufficient loan amount ,and i am happy with loan amount, and the rate of interest they have charged me was nominal, like they have charged me up to 12% which is nominal compare to the market value . And the processing fee they have charged me was nominal . There was no hidden charges ,overall service is good. Still my loan is running.
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0
PARAMESHWAR REDDY PENTAPARTHY
, hyderabad
Reviewed on Jan 22, 2019
The process in getting this loan has been quite easy and simple, where it was a pre approved loan. The loan amount which they had provided has been sufficient and the interest rate with them has been nominal as well. There has not been any extra charges made by them.
I had applied for a personal loan with Axis bank at the time i was in need. My loan application was taken care and it was processed quick. I was impressed by the quick processing and even the fine charges that axis charge is very nominal . The interest rates for the personal loan is bit high, it is 15%.
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1
MAHESH MALLAPPA KAMATE
, bangalore
Reviewed on Jan 19, 2019
I had taken this loan some time back and i had foreclosed this loan a long time back. The overall experience with them has been quite good where the interest rate with them has been nominal when compared with the market rate and there has not been any foreclosure charges with them.
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3
NAVEEN KONDAVETI
, bangalore
Reviewed on Jan 18, 2019
I took 10 lakhs rupees of personal loan from AXIS, I paid almost Rs. 5 lakhs remaining amount is there. I thought to do balance transfer because they have higher rate of interest. The service is good but need to reduce the interest. Based on the customers demand they are increasing the rate of interest because initially Axis bank executive told the interest rate was 13% finally they processed it for 16% its huge.
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0
BALASUBRAMANIAM RAJAN
, chennai
Reviewed on Jan 18, 2019
MY personal loan was taken with AXIS BANK . The rate of interest is too high it is 13.5% compare to other even processing fee was too high here . They should keep their interest rate in par with other banks in the market. Overall it has been a good experience with the AXIS BANK .
My personal loan was taken with AXIS BANK . The rate of interest and processing fee was too high it is 13.5% . I did not had any problems and uploaded the documents online. I got the loan easily. Its happened within few days . It is paperless approval which is the best of this loan .

It was a very good experience i had with this personal loan and the disbursement happened within no time. There is no pre closing charges with this loan and the interest rate with them has been nominal when compared with the market rate and there was no extra charges which was made by them.
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1
I S G SUBRAHMANYAM I S G SUBRAHMANYAM
, bangalore
Reviewed on Jan 17, 2019
The experience with this Personal loan has been quite okay and the loan amount which they had provided has been sufficient. The interest rate with them has been quite nominal when compared with the market rate and there has not been any hidden charges which they had made so far.
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1
KOYILADA UMA VENKATA ANILKUMAR
, hyderabad
Reviewed on Jan 17, 2019
I have been using my personal loan with Axis bank,they have given me sufficient loan amount,and the rate of interest they have charged me up to 13% it is not fixed,it varies according to market rate, and they have not charged me processing fee as it is zero processing fee, and the loan is still running,overall service is good.
Before five years I had closed my personal loan with AXIS, at the time I need to fill lots of documents for loan approval. Now a days everything comes online. As a customer now I could see the differentiate interest rate but its higher side anyway I don't have other go.
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0
SATHISH G GANESAN
, bangalore
Reviewed on Jan 17, 2019
I have been using my personal loan with Axis bank for long time,they have given me sufficient loan amount, that time i need of money, so that time i got sufficient as per my requirement i got loan, and the rate of interest they have charged me was too high they have charged me up to 20% and the processing fee they have charged me was nominal,and still this loan is running,there is no hidden charged they have taken from me yet.
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1
KRISHNA GOPALAM
, bangalore
Reviewed on Jan 17, 2019
I took my personal loan in Axis Bank before 4.5 years back and its been completed before 5 to 6 months have taken top-up loan. The customer service is very good. The charges are more compared to other banks. The loan duration is 5 years. Monthly installment is 5600 rupees through net banking.
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4
SHEKHARAPPA SHASHIDHAR
, bangalore
Reviewed on Jan 14, 2019
I have taken a personal loan from Axis Bank. The process was good to close the loan. I went to the bank to close the loan and within ten minutes it got closed. It was a very fast process. They said that I will receive the NOC within seven days but I got it on the sixth day itself.
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0
SAMINATHAN GOWTHAM
, bangalore
Reviewed on Jan 12, 2019
There was some difficulty which i had faced to change the ECS date and i had requested to change it. The process in getting this loan has been quite good and the interest rate with them was around 11.5% and there has not been any sort of additional charges which they had made so far.
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2
KARIKERE CHANDRASEKHAR
, bangalore
Reviewed on Jan 11, 2019
I was looking for a personal loan and and thats when i applied with Axis bank. The interest rates that i had on my personal loan was reasonable. Services were satisfactory in Axis and i am happy about it. I have completed the loan tenure successfully.
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4
SANTANOO VENKATA RAMANA
, kolkata
Reviewed on Jan 11, 2019
At the time when i was planing for a personal loan i had applied with Axis Bank.. There was a delay in the procedure and later it got approved.. The interest rates on my personal loan were too high, it was 18% and also it was a fixed interest rate..
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3
CHANDRASEKAR SHANMUGAM
, chennai
Reviewed on Jan 11, 2019
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.
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