Axis Bank grants eligible clients housing loan selections with interest rates beginning at 6.90% p.a. on floating rate loans and 12% p.a. on fixed-rate loans. The tenure can be prolonged up to 30 years in the case of floating rate loans and 20 years in the case of fixed-rate loans. The processing fee suitable can be up to 1% of the loan amount (Min. Rs 10,000), of which Rs 2,500 plus GST is to be settled upfront at the time of loan application login. Axis bank allows home loans for up to Rs. 5 crores that can be paid within a term of 30 years. You can apply for an Axis bank home loan to buy, construct and renovate an existing residential property.

Axis Bank Home Loan Details

Interest Rate	6.90% p.a*
Loan Amount	Based on income
Processing Fees	Up to 1% or min. Rs. 10,000/-
Penal Interest Rate	24% p.a. or 2% per month
Prepayment/Foreclosure Charges	0 – 2%
Max Tenure	30 Years
Rate Packages Available	Floating/Fixed

Axis Bank Home Loan Interest Rates 2021

Following are the interest rates for various home loan schemes proposed by Axis. The rates given on  loan depend on whether you’re a salaried employee or self-employed person and what type of interest rate package you have selected.

Axis Home Loan Schemes	Salaried	Self-Employed
Axis Home Loan	6.90% p.a. – 8.40% p.a.	7.95% p.a. – 8.55% p.a.
Axis QuikPay Home Loan	7.95% p.a. – 8.45% p.a.	9.15% p.a. – 9.35% p.a.
Axis Power Advantage Home Loan	8% p.a. – 8.35% p.a.	9% p.a. – 9.20% p.a.
Axis Shubh Aarambh Home Loan	7.75% – 8.25% p.a.	8.95% p.a.
Axis Fast Forward Loan	7.75% – 8.25% p.a.	8.95% p.a. – 9.15% p.a.
Axis Asha Home Loan	10.05% p.a. – 11% p.a.	10.30% p.a. – 11.50% p.a.
Axis Super Saver Home Loan	8.15% p.a. – 8.30% p.a.	9.20% p.a. – 9.35% p.a.
Axis Top Up Home Loan	At the bank’s discretion	Starting from 8.90% p.a.

Axis Bank Home Loan Fixed Rates Jul 2021

Axis Home Loan Schemes	Axis Home Loan Schemes
Home Loan	12% p.a.
QuikPay Home Loan	NA
Power Advantage Home Loan	8.40% p.a.
Shubh Aarambh Home Loan	12% p.a.
Fast Forward Loan	12% p.a.
Asha Home Loan	12% p.a. – 12.50% p.a.
Empower Home Loan	NA
Super Saver Home Loan	NA
Top Up Home Loan	12% p.a.

Note: Fixed-rate home loans are valid for maximum loan tenure of 20 years.

Axis Bank Home Loan Schemes

Axis Bank gives home financing schemes for both salaried and self-employed people. Competitive rates and flexible tenures are some of the significant highlights of Axis Bank’s home financing plans.

• Minimum funding of Rs 3 lakh
• Alternative to choose fixed or floating rate of interest
• Loans open for both salaried and self-employed people
• Funding of up to 90% of the total property value

Axis Bank Shubh Aarambh Home Loan

• Interest subsidy supporting Pradhan Mantri Awas Yojana (PMAY) ready
• EMI waived for 12 EMIs if you have a precise repayment record
• Loans of up to Rs.30 lakh
• Balance transfer feature available

Interest Rate for Salaried	Interest Rate for Self-Employed
6.90% p.a. onwards (floating rate)	8% p.a. onwards (floating rate)
7.95% p.a. (fixed rate for 20 years)	12% p.a. (fixed rate for 20 years)

Axis Bank Fast Forward Home Loan

• 12 EMIs waived against regular repayments done to the loan
• No prepayment costs
• Minimum funding of Rs.30 lakh
• Tenure up to 30 years

Interest Rate for Salaried	Interest Rate for Self-Employed
6.90% p.a. onwards (floating rate)	8% p.a. onwards (floating rate)
7.95% p.a. (fixed rate for 20 years)	12% p.a. (fixed rate for 20 years)

Axis Bank Asha Home Loan

• Maximum loan amount of Rs.28 lakh
• 12 EMIs waived according to your banking records
• Funding of up to 90% of the total property value   

Interest Rate for Salaried	Interest Rate for Salaried
10.05% p.a. onwards (floating rate of interest)	10.30% p.a. onwards
12 to 12.50% p.a. (fixed rate for 20 years)	12 to 12.50% p.a. (fixed rate for 20 years)

Axis Bank NRI Home Loan

• Minimum processing fees
• Flexible tenures
• Hassle-free method

Interest Rate for Salaried	Interest Rate for Self-Employed
6.90% p.a. onwards (floating rate)	8.55% p.a. onwards (floating rate)
7.95% p.a. (fixed rate)	12% p.a. (fixed rate)

Axis Bank Super Saver Home Loan

• Minimum loan amount of Rs.50 lakh
• No prepayment costs
• Save on the total interest due
• Tenure of up to 22 years

Interest Rate	Processing Fee
8.15% p.a. onwards	Up to 1% of the loan amount + GST

Axis Bank QuikPay Home Loan

• Save more on interest
• Pay a higher amount of principal earlier in the tenure
• No prepayment costs
• The choice to avail balance transfer feature

Interest Rate for Salaried	Interest Rate for Self-Employed
7.95% p.a. onwards (floating rate)	8.20% p.a. onwards (floating rate)

Axis Bank Power Advantage Home Loan

• Fixed-rate of interest for the first two years of the loan
• Interest subsidy following Pradhan Mantri Awas Yojana (PMAY) ready
• Avail balance transfer facility
• Easy documental and quick loan disbursal

Interest Rate for Salaried	Interest Rate for Self-Employed
8% p.a. onwards (fixed + floating rate)	8.05% p.a. onwards (fixed + floating rate)

Pradhan Mantri Awas Yojana (PMAY) scheme

You can receive the advantages of the Pradhan Mantri Awas Yojana (PMAY) scheme by Shubh Aarambh and Power Advantage schemes. The benefits of PMAY include:

• Interest subsidy on loans
• Benefits for NRIs as well
• Subsidy for tenures up to 20 years

Axis Bank Home Loan Eligibility Criteria

Age	21 years to 57 years
Nationality	Resident Indians and NRIs
Employment type	Salaried and self-employed

Documents Needed for Axis Bank Home Loan

• Proof of identification
• Residence proof
• Birth certificate
• Salary proof
• Processing fee cheques
• Loan agreement document
• Property records
• Own contribution proof
• Sanction letter