Axis Bank Personal Loan

Applying for a personal loan is now extremely easy. With your Axis Bank personal loan offer, you get the best interest rates and your loan application can be processed instantly! You just have to meet the minimum criteria. Apply for your Axis Bank personal loan today itself and get instant cash, without offering any collateral. Pay back your loan with flexible EMIs.

Benefits of Axis Bank Personal Loan

Get a loan on your terms. Choose from flexible EMI and tenure options.

  • 100% digital process Submit all your details and documents online.

  • Instant Loan approval Get your Loan application approved!!

  • Flexible EMIs and tenure Choose the loan tenure and EMI amount as per your need.

Apply for an Axis Bank Personal Loan

Follow the simple steps as mentioned below

  • Open Airtel Thanks App Find Shop > Airtel Finance

  • Select Flexi Credit Fill in your basic details

  • Get best offer Basis profile verification

  • Complete the KYC Link your bank account

Axis Bank Personal Loan EMI Calculator

Calculate your Axis Bank personal Loan EMIs and interest rate easily using the Personal Loan EMI Calculator. Adjust the tenure and loan amount to know the average interest amount.

Short Term Loan amount
Enter the loan amount

 

Tenure plan
Choose your tenure plan

Mo

Rate of interest
Adjust your interest rate

%

Principal

 

Interest

 

Features of Personal Loan

With Airtel Flexi Credit you get below

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  • Personal loan amount
    ₹15,000 to ₹5,00,000
  • Interest rates
    Starting from 11.75% p.a.
  • Personal loan tenure
    03 to 36 months
  • Credit disbursal
    Within 24 hours
  • 100% online
    No paperwork
  • Low processing fee
    2% GST

FAQs on Axis Bank Personal Loan

How to apply for an Axis Bank Personal Loan?

You can apply for an Axis Bank personal loan by using the Airtel Thanks app. Download the app, go to the shop section, and select Airtel Finance. Apply for your personal loan in a few simple steps.

What are the benefits of applying for an Axis Bank Personal Loan by Airtel Flexi Credit?

Applying for a personal loan from Airtel Flexi Credit has multiple benefits. The whole process is completely digital, you will get approvals for your loan amount almost instantly and you can choose the loan amount, tenure, and EMI according to your needs.

What is the maximum amount of Axis Bank Personal Loan I can borrow?

The maximum amount that Axis Bank personal loan lets you borrow is ₹5 lakhs.

What are the documents required to get an Axis Bank Personal Loan?

You will need the following documents to get an Axis Bank Personal Loan from Airtel Flexi Credit: Aadhaar card and PAN card. Any additional documents that may be required can vary on case-to-case basis.

What can an Axis Bank Personal Loan be used for?

You can use the Axis Bank personal loan for any financial reasons. There are no restrictions. However, you are advised to borrow carefully and make sure to always pay back your loans on time.

What are the eligibility criteria to get an Axis Bank Personal Loan?

Here is the eligibility criteria to get an Axis Bank personal loan:
  • Must be an Indian citizen
  • Aged between 21 to 60 years
  • Monthly income should be higher than ₹15,000

How does Axis Bank Personal Loan approval work?

Once you submit all your information on the Airtel Thanks app, the personal loan approval takes only a few minutes. If your credit score and background check go well, you will get your personal loan within just 24 hours!

How can I repay my Axis Bank Personal Loan amount?

Airtel Flexi Credit lets you choose the loan amount, tenure and EMIs. You can pay back your personal loan with easy EMIs at the end of every month.

How to track my Axis Bank Personal Loan application status?

You can track your personal loan application status on the Airtel Thanks app itself!

How can I calculate Axis Bank Personal Loan Interest rates?

The Axis Bank personal loan interest rates start at 11.75%. Once you choose the loan amount, tenure and EMI on the EMI calculator page, you can easily see the interest rate.

What is the minimum salary required to apply for an Axis Bank Personal Loan?

For a personal loan from Axis Bank, you will need to have a minimum salary of ₹15,000 per month.

How to calculate EMI on an Axis Bank Personal Loan?

You can use the Airtel EMI calculator to find out how much you have to pay as EMI for your personal loan.

What is the reason for the rejection of my Axis Bank Personal Loan application?

Your personal loan could be rejected for the following reasons- documentation is incorrect, low credit score, etc. Get in touch with the bank officials to understand why your personal loan requests are getting rejected.

How long does it take for a loan amount to be credited?

The loan amount will get credited to your bank account within a span of 24 hours.

Do I require a good credit score to get an Axis Bank Personal Loan?

Yes, having a good credit score important to get a personal loan. However, people with low credit scores can also apply for a personal loan with Airtel Flexi Credit.

What are the terms for the pre-payment of the loan?

You can always pre-pay your loan amount. However, you may have to pay foreclose charges, which is 5% of the prepayment amount + GST (18% of foreclosure or prepay charges) .

What will happen if I don't pay back my loan amount on time?

Not paying your loan amount or EMIs on time will reflect poorly on your credit score. In addition, the bank will also levy a penalty on you.

How to cancel my Axis Bank Personal Loan application request?

To cancel your Axis Bank personal loan request, you can choose to get in touch with the bank and tell them why you decided to cancel your personal loan request.

Axis contact details

How to update the details on my Axis Bank Personal Loan account?

You can use the Airtel Thanks app to apply for the Axis Bank personal loan. Enter all your documents on the app while you are applying for the loan.

How do I contact customer support for loan queries?

For loan queries about Axis Bank, get in touch with the bank officials themselves.

Is collateral required for an Axis Bank personal loan?

No, there is no collateral required for Axis Bank personal loan.

Can I apply for a top-up loan on an existing Axis Bank personal loan?

You can only apply for personal loans via Airtel Flexi Credit. For top-up loans, reach out to Axis Bank officials.

Can I prepay or foreclose my Axis Bank personal loan? Are there any charges for doing so?

Yes, you can prepay or foreclose your Axis Bank personal loan. You will be charged 5% of your prepayment amount + GST (18% of foreclosure or prepay charges) as a foreclosure charge.

Achieve your financial goals with Axis Bank personal loan

When you are short on cash and want to get instant credit, applying for a personal loan is one of the best options. A personal loan is also very useful because you can spend it the way you wish to, without any worries. Just make sure you are paying back your personal loan on time, and it is all smooth sailing. Moreover, personal loans do not require any collateral on offer. All you need to show is that you have a stable income source, and your credit score is perfect.

When you are short on cash and want to get instant credit, applying for a personal loan is one of the best options. A personal loan is also very useful because you can spend it the way you wish to, without any worries. Just make sure you are paying back your personal loan on time, and it is all smooth sailing. Moreover, personal loans do not require any collateral on offer. All you need to show is that you have a stable income source, and your credit score is perfect.

Achieving your financial goals with a personal loan is easy. Apply for your personal loan from Axis Bank today!

Key Features & Benefits of Axis Bank Personal Loan

When you apply for your Axis Bank personal loan via Airtel Finance, there are plenty of benefits that you can enjoy:

  • The entire loan application process is digital, so you don’t have to visit any bank and stand in long queues
  • You can pay back your loan with easy EMIs
  • During your loan application, you can see how the EMI, tenure, loan amount and interest rates change using the personal loan EMI calculator
  • Get instant approvals on your personal loan request
  • Your loan amount gets credited to your linked bank account within 24 hours
  • You can track your loan application process via the Airtel Thanks app

A detailed process on How to Apply for a Personal Loan

Here’s how you can apply for your Axis Bank personal loan via the Airtel Thanks app:

  • Download the Thanks app on your smartphone
  • Fill in the details
  • On the shop tab of the app, click on Airtel Finance
  • Next, you will see the Airtel Flexi Credit and Airtel Credit Card options
  • Select Airtel Flexi Credit, follow all the on-screen instructions
  • Once you complete all the formalities, you will receive your personal loan approval
  • Wait for 24 hours and you will receive your personal loan amount instantly!

How to Check Eligibility Criteria for an Axis Bank Personal Loan

These are the eligibility criteria that you have to meet to get a personal loan from Axis Bank:

  • The age limit of the applicant must be between 21 to 60 years
  • The applicant needs to be an Indian citizen
  • Monthly income of the applicant should be above ₹15,000
  • The applicant can be salaried or self-employed

List of documents required for Axis Bank Personal Loan

Here is the list of documents needed to apply for a personal loan from Axis Bank:

  • Aadhaar
  • PAN card

Note: This list is not exhaustive. The list of documents can differ from one applicant to another. Make sure you provide the appropriate documents to make the personal loan application process more seamless.

Fees and Charges of Axis Bank Personal Loan

Here are the fees and charges of Axis Bank personal loan:

Repayment instruction / Instrument return charges Rs.339/- per instance of dishonour of cheque /SI/ECS/NACH
debit instruction + GST as applicable
Swap charges (Cheque/Instrument) ₹500/- per instance + GST as applicable
Penal Interest @ 24% per annum i.e., 2% per month on the overdue installment
Duplicate statement issuance charges ₹250/- per instance per set + GST as applicable.
Duplicate Amortization schedule issuance charges ₹250/- per instance per set + GST as applicable.
Credit Information Companies (CICs) Report Issuance Charges ₹50/- per instance per set + GST as applicable.
No Dues Certificate generation charges (Duplicate) ₹50 per instance per set + GST as applicable.
Stamp Duty Charges As per State Stamp Act
Part Payment / Pre-Payment Charges 5% + GST (As applicable)
*Pre payment charges shall be charged on principal outstanding.
*Part payment charges shall be charged on the amount of part payment.
Processing fee charges 2% of the loan amount + GST as applicable

What are the Personal Loan Interest Rates of Axis Bank?

The personal loan interest rate at Axis Bank starts from 11.75%. However, it should be noted that personal loan interest charges can also change on the basis of loan amount and personal loan tenure. To know the exact personal loan interest you will be paying, make use of the personal loan EMI calculator.

Why Personal Loan from Axis Bank is a better choice?

Applying for a personal loan from Axis Bank through Airtel Flexi Credit is always a good choice. Firstly, the complete process is extremely easy and you are credited with the amount in just 24 hours. In addition, you can track your loan application process, pay back with flexible EMI options, use the personal EMI calculator to see how much EMI you ought to pay and much more.

Get your personal loan from Axis Bank through Airtel Flexi Credit right now. Download the Airtel Thanks app and get started with your loan application!

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