1. Axis Bank offers loans to a variety of individuals. Home loan eligibility is determined by various factors
such as income, employment status, tenure and so on. Our aim is to provide affordable housing loans to
as many individuals and families as possible.
At Axis Bank, there’s more to a home loan than finance for apartments or readymade homes. Want to
build a home according to your specifications and designs? Axis Bank offers loans for land purchase so
that buy plots and create your dream home the way you want. We also provide home renovation loans
that will help you refurbish your home without worrying about upfront costs.
The attractive interest rates on land purchase loans as well as home improvement loans, and Axis Bank’s
reputation for customer service make our housing financeproducts a great choice for customers.
Land Loan features and benefits
You can use the land purchase loan to buy a plot of land and to construct the house.
You can take a land loan to build a house on a plot of land that you already own.
The land loan can be used to buy a new house/ flat.
Purchase an old house/ flat. To avail of the loan, the residual age of the property as confirmed
by our empanelled valuators at the maturity of the loan should not be less than 10 years.
Takeover of existing housing loans.
Home Loan Eligibility Criteria
A) - Salaried Individuals
Individuals in permanent service in the Government or reputed companies meet our Home
Loan eligibility criteria
Applicants should be above 24 years of age at the time of loan commencement and up to the
age of 60 or superannuation, whichever is earlier at the time of loan maturity.
B) - Professionals
Professionals (ie, doctors, engineers, dentists, architects, chartered accountants, cost
accountants, company secretary, management consultants only) can apply.
Applicants above 24 years of age at the time of loan commencement and up to 65 years or less
at the time of loan maturity meet our housing loan criteria.
C) - Self Employed Individuals
Any individual filing income tax returns can apply

2. Applicants 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
Attractive interest rates on Home Loans to ease your monthly outgo
One of the most important factors that determine the cost of your loan is the interest rate. The
higher the home loan interest rate, the larger the amount you will have to out every month. Axis
Bank offers some of the most attractive home loan interest rates in India, helping you keep your
EMI in check.
But interest rates often fluctuate, and higher housing loan rates could affect your monthly
budgets. Our floating rate loans allow you to hedge the risk of rising home loan interest rates in
India. On the other hand, if you are confident that interest rates will not rise, you could opt for a
fixed rate loan that provides you with the luxury of being locked into a rate for a period of time.
You then don’t have to worry about your monthly budgets getting messed up.
Our Home Loan Rates
Sr. Type Loan amount (Rs.) Base Rate + Mark Effective Rate Of
No Up Interest
1 Floating Less than Rs. 25 Lac Base Rate + 0.75% 10.75% p.a.
Rate
Loans greater than Rs.25 lac - Rs. 75 Base Rate + 1.00% 11.00% p.a.
lac
Loans greater than Rs. 75 lac Base Rate + 1.25% 11.25% p.a.
Top Up - All loans, Renovations Base Rate + 2% 12.00% p.a.
Base Rate - 10.00%
Home Loan with Fixed Rate of Interest
Type Effective Rate Of Interest
Fixed Rate 11.75% p.a.
Processing charge-
Other Charges:
Sr. No Type Charges
1 Repayment Instruction/Instrument Return charges Rs.500/- per instance

3. 2 Cheque/Instrument Swap charges Rs.500/- per instance
3 Duplicate Statement issuance charges Rs. 250/- per instance
4 Duplicate Amortization schedule issuance charges Rs. 250/- per instance
5 Duplicate Interest Certifcate (Provisional/Actual) issuance charges Rs. 250/- per instance
6 Issuance charges for Photocopy of title documents Rs.250/- per document set
7 Charges on customer initiated requests for copies of documents Rs. 250 per document set
8 Equitable mortgage creation charges As applicable in the state
9 Credit Bureau report issuance charges Rs.50/- Per Instance
* Service Tax as applicable will be levied
Switching Cost:
Switching from the floating rate scheme to the fixed rate scheme and vice versa is permissible. If
a fixed rate customer wants to reschedule loan to the present fixed interest rate applicable to
the new customers, the same is also permissible. The existing customers can also switch over to
the new rate of interest applicable for the new customer. For all of the above changes, a
nominal switching fee is applicable.