Apply for Axis Bank Business Loan

Flexible Repayment Tenure | Multi Bank Option | Low Processing Fee | Transparency & Safety

20

Years Of Experience

About Axis Bank Business Loan

Get Axis Bank Business Loan which is a secured loan. It is used for Business Expansion, New startups, Machinery and Equipment, Working Capital, and Managing Cash Flow.

As an authorized Direct Selling Agent, LoanMoney acts as a mediator between borrowers and Axis Bank, helping businesses to meet their financial requirements. The loan facility offers minimal documentation requirements, attractive low-interest rates for an extended repayment tenure, a swift approval process, nominal processing fees, and various flexible repayment options. Obtain hassle-free financial support from India's leading bank by applying for Axis Bank Business Loan through LoanMoney.

Features of Axis Bank Business Loan

The loan comes at an attractive rate of interest
Loans granted for purchase of commercial property under the scheme
Flexible tenure period
Offers edge loyalty points on the loan
Doorstep service
Available for both residential and commercial properties
Take-over of existing loans along with the option of refinancing
Lease rental discounting available
Minimal documentation
Easy and hassle free application process

Details of Axis Bank Business Loan

Interest Rate
Eligibility Criteria
Documents Required
General Information

Interest Rate

Fee	Amount to be Paid
Rate of Interest	7% To 8%
Loan Processing Charges	0.50% To 0.75%
Cheque Bounce Charges	Rs. 500 Per Instance
Cheque/ Instrument Swap charges	Rs. 500 Per Instance
Prepayment/ Foreclosure Charges	If any of the borrower is a non individual - 3% will be charged, if the amount pre-paid exceeds 25% of the principal outstanding during a quarter, otherwise no prepayment penalty. The quarter refers to calendar quarter. However no prepayment will be allowed in the first quarter after taking the loan. If all borrowers are individuals - Nil
Default Interest Rate	NA
Duplicate Statement Issuance Charges	Rs. 250 Per Instance
Duplicate Amortization Schedule Charges	NA
Duplicate Interest Certificate	Rs. 500/- Per Instance
S(Provisional/ Actual) issuance Charges	NA

Axis Bank Business Loan Eligibility Criteria

Age(Min-Max) 24 To 60 Years 24 To 60 Years 24 To 60 Years Minimum Income Min. 3,00,000/ p.a Min. 3,00,000/ p.a Net Profit Min. 3,00,000/ p.a Net Profit Co-applicant no conditions no conditions no conditions Loan Tenure Max. 15 Years Max. 15 Years Max. 15 Years Maximum Loan Amount Max. 25 Crores Max. 25 Crores Max. 25 Crores Employment/Business Continuity Min. 3 Years Min. 2 Year Min. 2 Year CIBIL Score Min. 600 Min. 600 Min. 600

Particulars	Salaried	Self Employed	Professional

Axis Bank Documents Required

Proof of Identity/ Address:

Passport
Aadhar Card
PAN Card
Voter ID
GOI issued Photo ID
Govt Employee ID
Gas / Telephone Bill
Property Tax Receipt

Proof of Income:

Latest 3 Months Salary Slips for salaried individuals
Form 16 (or Employment continuity proof)
Last 2 Years Computation of Income, P&L, Balance sheet with CA seal and sign
Business continuity proof: Minimum 3 Years

Property documents

Own contribution proof

Sanction letter

Axis Bank General Information

	Salaried	Self Employed	Professional
Age	24 To 60 Years	24 To 60 Years	24 To 60 Years
Loan Amount	5 Lakh To 25 Crore	5 Lakh To 50 Crore	5 Lakh To 50 Crore
Tenure	5 To 15 Years	5 To 15 Years	5 To 15 Years
Rate of Interest / APR [Annual Percentage Rate]	7% To 8%	7% To 8%	7% To 8%
Features	No Charges for Minimum Usage on DOD	No Charges for Minimum Usage on DOD	No Charges for Minimum Usage on DOD
Processing Fees	0.50% To 0.75%	0.50% To 0.75%	0.50% To 0.75%
Special	NA	NA	NA
Documentation	KYC/Financial(2 Years) & Property Documents.	KYC/Financial(2 Years) & Property Documents.	KYC/Financial(2 Years) & Property Documents.
Eligibility	Salaried Individuals Any individual who is in permanent service in the government or a reputed company. The applicant should be above 24 years of age at the time of loan commencement and up to the age of superannuation	Self-Employed Individuals Funding up to 130 % of Income and property Value The applicant should be above 24 years of age at the time of loan commencement and up to 65 years at the time of maturity. Loan can be done as per Avrage Bank balance * 1.25% Leas rental base Gst return Base Turnover base Age limit up to 70 year	Self Employed Professionals Professionals (i.e., doctors, engineers, dentists, architects, chartered accountants, cost accountants, company secretary, and management consultants only) can apply. The applicant should be above 24 years of age at the time of loan commencement and up to 65 years or less at the time of loan maturity. Yearly Receipt Base Eligibitliy

Quick Enquiry for Axis Bank Personal Loan

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What our clients say

We pride ourselves on providing transparent and quality service to our clients, but you don’t just have to take our word for it. Read what our clients have to say about us.

Job Varghese

Client

I am totally satisfied by loan money and the way it services its customers.... especially I thank and appreciate Ms. Somya as she is a great resource to the organization. She has been constantly assisting me from start till the end and has been a very prompt and sensible officer as she could offer the relevant deal for me.

Vishwajeet Nanaware

Client

LoanMoney is really good in providing loan services. Particularly Chanchal, my loan assistant has great skills to communicate with her clients and understand their needs. She processed my personal loan on time. The rate of interest offered was lower than the others. it was overall a good experience with 100% satisfaction.

Avlokit Kaushik

Client

This is my second time in have taken a loan from LoanMoney. Kavita has helped me a lot..very cooperative very helpful very fast. Thanku again.

FAQ of Business Loan

Who can apply for a Business Loan?
Business Loan is available for salaried/self-employed as well as Professionals, Employees of public/pvt Ltd companies. Every bank has individual minimum criteria for net monthly income Rs. 25,000, age between 21 to 60 years, profession, CIBIL Score, job continuity, etc.
How long will it take for my Business Loan to be processed?
Once you submit your application form and the required documents as per Bank's criteria, you can expect our approval and disbursal within 5 working days, provided everything is in order. All loan approvals are at the sole discretion of the bank.
What is the Cheapest Business Loan or Affordable Business Loan?
An Affordable or cheapest Business Loan is a loan in which not only you can get an attractive interest rate starting from 10:75% to 18%, and you can get a quick Business Loan with minimum processing fees, No hidden charges. With our easy & minimal paperwork, and flexible EMI payment options will make it a hassle-free Business Loan.
What are Nil Foreclosure Charges in Business Loan?
The term Loan foreclosure means that when a person does the full repayment of the remaining loan amount in one single & final payment instead of paying it back in multiple EMIs.

Some banks don't allow foreclosure of the loan as they won’t get the interest from the borrower and some banks allow foreclosure of the loan but they charge a certain amount from the borrower. While taking a Business Loan to try to see if there is zero foreclosure charges or nil foreclosure charges facility available for borrowers. This can save your money which you was going to pay to the bank.
What are the features of Loanmoney's Fastest Business Loan?
The features of Loanmoney's Fastest Business Loan are No Collateral or no Security, Easy Repayment options, Safety, Attractive Interest rates, It is Unsecured, Can be Obtained for any Purpose and Fast, Cheap & Reliable.
Do I need to provide any security or collateral to obtain Business Loan from Bank?
No, you don’t have to provide any security, collateral or guarantee to obtain Business Loan from Bank.