Axis Bank Personal Loan Eligibility: Factors Affecting, Loan Types & How to Improve

Home Personal Loan Axis Bank Eligibility
loading Apply for Personal Loan Starting From 10.50%*
loading

Find Personal Loan at lowest interest rates

Personal Loan Eligibility depends on:

  • Age: 21 to 60 years
  • Profession: Salaried / Self- Employed
  • Income: Minimum Rs. 15,000 per month

Apply for Personal Loan Starting From 10.50%*

Digits Only
Error: Please enter valid amount.
Note: The amount of loan you desire to borrow
Digits Only
Error: Please enter valid amount.
Note: Income is required to check the suitable personal loan for you
Error: Please enter valid amount.
Note: Your company's annual sales/turnoveryou.
Error: Please select mode of salary received
Error: Please select your residence type
Digits Only
Error: Please enter valid amount.
Error: Please select profession years
+91
Error: Please enter a valid number.
Note: We may verify this number later using OTP
Error: Please select current city
Error: Please choose your employer
Error: Please select valid bank.
Note: Your company's annual sales/turnover.
Error: Enter a valid Full Name
Error: Enter a valid Email Address
Error: PAN is required
Error: Date of Birth is required
Error: This is mandatory. We need to check availability of service in your area
City: Gurgaon

By submitting this form, I agree to Term of Use

*Offers are from Paisabazaar's partner Banks & NBFCs.

OTP Verification

Verify your mobile

Please enter the OTP we sent via SMS

Didn’t receive your OTP? Send it again
Updated: 17-02-2020 13:20:52 PM

Axis Bank Personal Loan is offered to salaried individuals with loan amounts starting from Rs. 50,000 to Rs. 15 lakh is offered by the bank and can be easily applied online from the comfort of your home or office. Also, you can conveniently repay the personal loan within tenure ranging from 12 to 60 months. With quick approval and speedy disbursal, Axis Bank Personal Loan can be availed instantly.

Axis Bank Personal Loan Eligibility Criteria

  • You should be a salaried employee (salaried doctor, employee of reputed public and private limited companies or government sector employees including Public Sector Undertakings, Central and Local bodies)
  • You should be at least 21 years old and your maximum age should be 60 years at the time of loan maturity
  • Your minimum monthly income should be Rs. 15,000

How to Improve Your Axis Bank Personal Loan Eligibility?

  • Maintain your credit score: A credit score is a reflection of your past credit behavior and hence is one of the most important factors considered by the lenders when deciding your personal loan eligibility. If your credit score is good, you may be eligible for the loan. If not, improve your credit score by paying your existing loans and credit card bills on time before applying for a loan
  • Pay your existing credit card bills: Before you apply for a loan, ensure to clear or reduce your existing debts. This will increase your debt-to-income ratio and hence the lender will consider that you are capable enough to pay another loan
  • Consider all your sources of income: Your income helps a lender to evaluate your ability to repay. Therefore, it is necessary to include all your sources of income while applying for a personal loan including your salary, variable pay, rental income, etc.

FAQs

Q1. How much personal loan can I get from Axis Bank?

You can get a personal loan of up to Rs. 15 lakh.

Q2. Can I get a personal loan from Axis Bank if my salary is Rs. 15,000?

Yes, as minimum salary required to be eligible for a personal loan from Axis Bank is Rs. 15,000.

Q3. What is the interest rate of Axis Bank Personal Loan?

The interest rate of Axis Bank Personal Loan starts from 11.49% and goes up to 17.49% p.a.

Q4. How can I apply for Axis Bank personal loan?

You can either check for best offers and apply for a personal loan at Paisabazaar or you can call the Axis customer care at 1 – 860 – 419 – 5555 or 1 – 860 – 500- 5555 or you can visit the nearest branch of the bank.

Menu