Axis Bank Housing Loan
Purpose:Axis Bank offers a regular home loan scheme to Resident Indians and NRIs for purchasing/constructing/renovating houses.
Loan Amount:Rs 3 lakh-Rs 5 crore
LTV Ratio:
| Particulars |
Details |
| Loan amount up to Rs 30 lakh |
Up to 90% of property cost |
| Loan amount above Rs 30 lakh-75 lakh |
Up to 80% of property cost |
| Loan amount above Rs 75 lakh |
Up to 75% of property cost |
Tenure:Up to 30 years
Axis Bank QuikPay Home Loan
Purpose:Axis Bank QuikPay Home Loan allows borrowers to repay higher principal amounts earlier in the loan tenure. Thus, the EMIs reduce every month and the borrowers can save huge on the interest payout.
Loan Amount:Minimum Rs 3 lakh
LTV Ratio:
| Particulars |
Details |
| Loan amount up to Rs 30 lakh |
Up to 90% of property cost |
| Loan amount above Rs 30 lakh-75 lakh |
Up to 80% of property cost |
| Loan amount above Rs 75 lakh |
Up to 75% of property cost |
Tenure:Up to 30 years
Axis Bank Shubh Aarambh Home Loan
Purpose:Consumers can avail Shubh Aarambh Home Loan from Axis Bank for purchasing an under-construction/ready/resale home. This loan facility can also be availed for purchasing a plot plus construction thereon, self-construction of a home on an already owned plot and for making home extensions/improvements.
Shubh Aarambh Home Loan borrowers maintaining a clean track record of repayments are offered 12 EMI waivers – 4 EMIs each waived off at the end of the 4th, 8th and 12th year of the loan tenure. The repayment track record states that there should be no more than 3 instances of dues remaining unpaid for 30 days or more. The dues should not be overdue for more than 90 days at any point during the long tenure. Borrowers can also part prepay their Shubh Aarambh home loans as long as the tenure does not fall below 4 years.
Existing home loan borrowers of other lenders can exercise the home loan balance transfer facility to avail Shubh Aarambh Home Loan scheme.
Loan Amount:Up to Rs 30 lakh
Tenure:
- Minimum Tenure: 20 years at the time of loan disbursement
- Maximum Tenure: Up to 30 years
Axis Bank Fast Forward Home Loan
Purpose:Prospective home loan borrowers can avail Axis Bank Fast Forward Home Loan for purchasing an under construction/ready/resale home, plot plus construction, self-construction, or home extension/improvement. Axis Fast Forward Home loan comes with 12 EMI waivers, with 6 EMIs waived off at the end of 10 years and another 6 months on completion of 15 years provided the borrowers have a clean repayment track record. The repayment track record states that there should be no more than 3 instances of dues remaining unpaid for 30 days or more. The dues should not be overdue for more than 90 days at any point during the long tenure.
Borrowers can also part prepay their home loans as long as the tenure does not fall below 10 years. This loan facility is also available to existing home loan borrowers of other lenders planning to avail home loan balance transfer facility.
Loan Amount:Minimum Rs 30 lakh
Tenure:
- Minimum Tenure: 20 years at the time of loan disbursement
- Maximum Tenure: Up to 30 years
LTV Ratio:
| Particulars |
Details |
| Loan amount from Rs 30 lakh-75 lakh |
Up to 80% of property cost |
| Loan amount above Rs 75 lakh |
Up to 75% of property cost |
Axis Bank Asha Home Loan
Purpose:Axis Bank offers an affordable home loan scheme branded as Asha Home Loans to applicants having a minimum combined family income of Rs 8,000 per month to finance the purchase of ready/under construction/resale homes, repair/extension of existing property, self-construction of home and plot purchase plus home construction.
Axis Bank Asha Home Loan also comes with a waiver of 12 EMIs with 4 EMIs waived off at the end of the 4th year, 8th year and 12th year of the loan tenure. The borrowers availing Asha Home Loan scheme should have a clear repayment history i.e., there should be no more than 3 instances of dues remaining unpaid for 30 days or more. The dues should not be overdue for more than 90 days at any point during the long tenure. The home loan can also be part prepaid as long as the tenure does not fall below 4 years.
Loan Amount:Rs 1 lakh – Rs 35 lakh
LTV Ratio:Up to 90% of property cost (on loan amount up to Rs 30 lakh)
Tenure:
- Minimum Tenure: 20 years at the time of loan disbursement
- Maximum Tenure: Up to 30 years
Axis Bank Super Saver Home Loan
Purpose:Axis Bank Super Saver Home Loan is a home loan overdraft facility wherein the applicants can deposit surplus funds in the linked overdraft account and withdraw money whenever needed within the pre-determined limit.
Loan Amount:Rs 10 lakh – Rs 5 crore
Tenure:Up to 20 years (plus 2 years moratorium period for partially disbursed loans)
LTV Ratio:
| Particulars |
Details |
| Loan amount Up to Rs 30 lakh |
Up to 90% of property cost |
| Loan amount above Rs 30 lakh-75 lakh |
Up to 80% of property cost |
| Loan amount above Rs 75 lakh |
Up to 75% of property cost |
Axis Bank Home Loan Balance Transfer
Purpose:Axis Bank offers a Home Loan Balance Transfer facility wherein the existing home loan borrower can transfer the outstanding loan amount of their existing home loan to Axis Bank at the lower interest rate and/or for longer tenures.
Loan Amount:Up to Rs 50 lakh
Tenure:Same as the outstanding home loan tenure
Axis Bank Top-up Home Loan
Purpose:Axis Bank Top-up Home Loan is offered to existing home loan customers and to home loan balance transfer customers requiring additional finances for personal/business requirements or for construction of residential/commercial property.
Loan Amount:Up to Rs 50 lakh
Tenure:Same as the outstanding home loan tenure
Axis Bank 24*7 Top-up Home Loan
Purpose:Axis Bank 24*7 Top-up Home Loan is a pre-approved loan offered to existing home loan customers without providing any additional collateral. The loan proceeds can be used for meeting personal or business requirements. The bank claims to disburse the loan instantly into the borrower’s account, where their existing home loan was disbursed.
Loan Amount:Rs 20,000 – Rs 25 lakh
Tenure:Up to 7 years or residual loan tenure, whichever is lower.