Apply for Axis Bank Loan Against Property

Hassle-free Process | Required Minimum Documentation | Safe and Secure | Doorstep Service

20

Years Of Experience

About Axis Bank Loan Against Property

Axis Bank offers a secured Loan Against Property, providing financial support for various needs such as Wedding Expenditures, Medical Emergencies, Higher Education, Home Renovation, and Business Expansion.

LoanMoney, an authorized direct selling agent, can assist you in obtaining a Loan Against Property from various National, Multinational, and Non-Banking Financial Companies. As a registered and authorized Direct Selling Agent, LoanMoney provides reliable and trusted financial solutions tailored to your needs. Enjoy the benefits of a loan with minimal documentation, low-interest rates for an extended tenure, a swift approval process, nominal processing fees, and a range of flexible repayment options. Apply for a Axis Bank Loan Against Property and avail of all these benefits.

Features of Axis Bank Loan Against Property

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 Loan Against Property

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 Loan Against Property Eligibility Criteria

Loan Against Property Eligibility Calculator helps you to understand the maximum loan you can avail of depending on your income and repayment capacity. Various factors will consider for your home loan eligibility such as income, company category, job continuity, business continuity, CIBIL Score, ITR other financial liabilities, etc. You can also check eligibility criteria and document required for the Salaried/self-emplyed/professional Loan against property.

Particulars	Salaried	Self Employed	Professional
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

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

Quick Enquiry for Axis Bank Personal Loan

Share your contact details and talk with our experts to get an instant decision on your loan.

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How much do you need?

EMI Calculator

Check Your Cibil Score

Purpose for Taking Axis Bank Loan Against Property

Wedding Expenditure

Make your wedding day more memorable by adding some extra facilities

Medical Emergencies

Fulfill your medical expenses like hospitalization bills, surgeries, and many other treatments.

Higher Education

Reduces the strain on your family savings and eliminates the need to liquidate your investments in fixed deposits.

Clients words

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 Loan Against Property

How does the lending bank decide the amount that I can get as loan against property?
Basically, the bank looks at your repayment capacity. For calculating the loan amount, your income, age, eligibility, number of dependents, the income of spouse, assets, liabilities, stability, and business continuity and savings history are taken into consideration. However, the loan eligibility generally does not exceed 60 percent of the market value of the property.
Can there be a co-applicant for Loan Against Property?
You can include your spouse as a co-applicant and as a result, more amount is borrowed. However, if the property is co-owned, all the co-owners must mandatorily be co-applicants.
What is the processing fee for such a loan?
The processing fee for a loan against any property varies from bank to bank and is generally around 1 percent.
How is the interest rate calculated on Loan Against Property?
Interest is calculated on the daily decreasing balance. Your monthly out-go (Equated Monthly Installment - EMI) is very less as compared to the interest on the annual reducing balance.

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Branch Office

B-134, Third Floor, DDA Shed
Okhla Industrial Area, Phase - 1
New Delhi - 110020

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Head Office

B-520, Tower B,Logix Technova
Plot No. 44, Sector - 132
Noida - 201305, India

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Office Hours

Working Time

Mon-Sat	10:00 - 06:00
Sunday	Online

Apply for Axis Bank Loan Against Property

20

About Axis Bank Loan Against Property

Features of Axis Bank Loan Against Property

Details of Axis Bank Loan Against Property

Interest Rate

Eligibility Criteria

Documents Required

General Information

Interest Rate

Axis Bank Loan Against Property Eligibility Criteria

Axis Bank Documents Required

Axis Bank General Information

Quick Enquiry for Axis Bank Personal Loan

How much do you need?

Purpose for Taking Axis Bank Loan Against Property

Wedding Expenditure

Medical Emergencies

Higher Education

What our clients say

Job Varghese

Vishwajeet Nanaware

Avlokit Kaushik

FAQ of Loan Against Property

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