Axis Bank Personal Loans

Axis Bank Personal Loan

15.50% - 24%


Processing Fee

1 - 5 Years

Axis Bank Personal Loan

Axis Bank Personal Loan at a glance

Annual Interest Rate

15.5% - 24%

Loan Term

12 Months - 72 Months

Loan Amount

Rs. 50,000 - Rs. 15 Lacs

Time of Funding

Within 2 days

After receipt of complete documents

Pre-Payment Charges



  • Loan Application with recent photographs
  • Residence proof (any one of the following): Passport / Ration Card / Electricity bill / Landline telephone bill
  • Identity proof (any one of the following): Passport / Driving License / PAN Card / Aadhaar card
  • Age Proof (any one of the following): Voter ID / PAN Card / Aadhaar card
  • Income Proof (any one of the following): Latest payslip/Form 16/ Latest ITR Copy
  • Statement of Bank Account for last 6 months
  • Signature Verification Proof

Documents Required Post-sanction of the loan

  • Loan Agreement duly signed
  • Standing Instruction (SI) Request / ECS Form along with the Security Cheques required for SI and ECS.
  • Qualification or Registration proof required for Doctors, Architects, CA, CS, ICWA, MBA Consultant, Engineers may vary from customer to customer.

Compare Axis Bank Personal Loans to Other Banks

Bank Name Axis Bank


15.5% - 24%

Maximum Lending Amount

Rs. 15 Lacs

Processing Fee

1.50% to 2.00%



Lending Terms

  • Interest Rate Range: 15.5% - 24% per annum
  • Loan Amount: Rs. 50,000 to up to Rs. 15 Lacs
  • Loan Duration: Minimum 12 Months to Maximum 60 Months
  • Loan Disbursement: Within 2 days of Loan Approval

Axis Bank Personal Loan Rate of Interest

Personal Loan Type Applicable Interest Rate

Axis Bank Personal Loan

15.5% - 24% per annum


How long will it take for my Axis Bank Personal loan to be processed?

It takes 2 days usually to Axis Bank to process Personal Loan after submitting the complete documents. However, in some case it can take up to 30 days for the processing of Personal Loan.

How do I update my mobile number and E-mail address registered with my Axis Bank Personal Loan?

You can update your mobile number and email address in any of the following ways –

  • Calling any of the toll free numbers provided by Axis Bank: 1800-233-5577 / 1800-209-5577 / 1800-103-5577.
  • Write to Axis Bank from your registered Email id at [email protected]
Is there any charge applicable for NDC (No Due Certificate) on Axis Bank Personal Loan?

Yes, you have to pay a fee of Rs. 500 on receipt of No Due Certificate (NOC)for Axis Bank Personal Loan.

What charges Axis Bank charge to the borrower for the CIBIL report copy for Personal Loan?

Currently, Axis Bank levies a charge of Rs. 50 for a CIBIL Report copy.

What chages do I have to pay to avail Axis Bank Personal Loan?

There are many additional charges levied on the borrower when he/she apply for Personal Loan, such as following –

  • Processing Charges
  • CIBIL Report Issuance Charges
  • Stamp Duty Charges
  • Issuance Charges for Photocopy of Loan Agreement / Documents

There are some additional charges levied on specific circumstances such as Prepayment Charges, Part-payment Charges, Late Payment Fee and Cheque Bounce Charges etc.

Can I change payment method for my Axis Bank Personal Loan?

Yes, you can choose any instrument to pay your monthly Personal Loan EMIs. You can choose to pay either with ECS (Electronic Clearing System), SI (Standing Instructions) or PDCs (Post-Dated Cheques).