Which Features of Axis Personal Loan makes it a Convenient Personal Finance Option?

1. Which Features of Axis Personal Loan makes it a Convenient Personal Finance Option?

2. Axis Personal Loan is the bridge to all your dreams. From the long due abroad vacation with the missus to sending your kid to the best B-schools to throwing the best wedding celebration - Axis personal loan is the best fit. Its captivating interest rates is definitely one of the best in the market. It offers and interest rate between 16-24%, which is negotiable based on a CIBIL score above 750 and above. Based on your aspirations, you can avail a loan amount between INR 50,000 to INR 15,00,000. And guess what? The loans gets disbursed easily with minimal documentation procedure involved. You can apply for an Axis Bank Loan online and get instant approvals. That’s not it - there are more encapsulating features that makes this personal loan of the top options to go with.

3. Best Interest Rates: Axis Bank provides one of the best interest rates in the realm of personal finance. Interest rate offered is as low as 16% per annum. A surprise awaits for the people who are existing customers of Axis; they can procure the personal loan at the lowest interest rate possible. Flexible Tenure: Axis gives you the freedom of choosing the tenure which suits you as per your repayment. You can take the Axis Personal Loan for a tenure ranging from 12 months to 60 months. However, always keep in mind that a loan taken for a long tenure will cost you more interest.

4. Personal Loan EMI Calculator: Planning holds utmost importance while you decide to take a personal loan. We say this because personal loan EMI payment puts a 10-20% dent in your monthly incoming - this kind of disrupts your financial stability (the case before the loan). Thus, a good plan can help you manage better. For this, Axis provides a personal loan EMI calculator, using which you can determine you EMIs in advance by just entering a few details. Minimum Documentation: The eligibility criteria required in the case of Axis Personal Loan is not complicated at all like some other banks. In order to support the eligibility requirements, Axis Bank believes in following a minimum documentation policy so that the customer doesn't get frustrated.

5. What is the Axis Personal Loan Eligibility Criteria? • Person who requires the loan must be an Indian Citizen. • Only salaried employees have the privilege of taking Axis Bank personal loan. This takes into account all the employees of public and private limited companies, salaried doctors and all Government sector employees. • The applicant should be a minimum of 21 years of age and a maximum of 60 years of age at the time of maturity of the loan. • The salaried individual’s monthly net income should be minimum INR 15000.

6. What are the Documents Required for Availing the Axis Personal Loan? • Application form duly signed • Photograph • Age Proof - Birth Certificate • ID Proof - Passport/ PAN/ Aadhar Card/ Driver’s License • Income Proof - Salary Slips • Address Proof (Both Permanent and Present) • Bank Statement • Signature Verification Proof

7. Several other documents needs to be submitted post sanction or pre disbursement stage: • Loan agreement duly signed • Standing Instruction (SI) Request / ECS Form. Security Cheques required for SI and ECS.