Axis Bank

If you are planning to purchase a home back in India, there is good news for you. AXIS bank NRI Home loans enable you to buy a home in your own country. Axis Bank offer home loan for NRIs in order to facilitate their investment in the booming Indian property market. With Axis Bank getting a NRI home loan is a simple and hassle-free process designed in a way to provide highest level of customer satisfaction.

 

Key benefits

Attractive interest rates
Attractive Interest Rates
Minimal Processing Fees
Flexible Tenures
Repayment tenures from 12 to 60 months
Transparent Processing
Quick Service

 

Eligibility

Profiles
Non Resident Indian (NRI), Person of Indian origin (PIO),Overseas Citizen of India (OCI), except Citizens of Pakistan, Bangladesh, Sri Lanka, Afghanistan, China, Iran, Nepal or Bhutan. Age
Minimum age of the applicant should be 24 years. Maximum age limit is 60 years or retirement age (whichever is earlier), at the time of loan maturity. Work experience
Applicant should have a minimum overseas work experience of six months with total work experience of 2 yea Minimum Income
For GCC Countries - AED 5000/- p.m. (or equivalent)
Other Countries & USA - USD 3000/-p.m. (or equivalent)
For Merchant Navy - USD 2000/- p.m. for 9 months

 

Documents Required

Full Passport copy and Work Visa copy
Overseas address proof e.g. utility bill, card statement, House lease agreement, bank statement etc.
Salary Slip for three months
Appointment letter or Contract Copy
Salary account and NRE or NRO account statement for six months
General Power Of Attorney

Axis Bank provides a wide array of personal loans which gives you an easy and reliable way of meeting your short-term personal finance needs. Be it your dream holiday abroad, buying the latest lifestyle gizmo, gifting your wife a lovely solitaire ring on anniversary, renovating your house, just squashing a temporary cash crunch or many more.

A personal loan is a very potent financial tool to tide over from short term cash crunch as it requires less documentation and the end use of funds is not restricted. Axis bank's personal loans will give you a helping hand meet all your personal requirements.

 

Key benefits

Attractive interest rates
Personal Loans available for salaried individuals
Special loans for Doctors, Chartered Accountants, Engineers, Architects and CS
Loans are available from Rs 1 lac to Rs 20 lacs
Repayment tenures from 12 to 60 months
Best in Class Rate of Interest
Personal Loans at higher rates can be transferred to Axis Bank with our Balance transfer facility
Simplified documentation Simple procedure, minimal documentation and quick approval

 

Eligibility

Axis bank offers your personal loans with higher accessibility; therefore their eligibility criteria for personal loans are very liberal thus enhancing their offering's handiness for the general eligible masses.

Salaried Employees
Salaried Doctors, CAs, employees of select MNCs, Public and Private limited companies, Government sector employees including Public Sector Undertakings and Central and Local bodies can avail personal loans
Minimum age of applicant: 21 years
Maximum age of applicant at loan maturity: 58 years
Minimum Net Monthly Income: Rs 15,000
Maximum loan available: Rs 15 lacs Self-employed Professionals
Self-employed professionals include self-employed Doctors (MBBS and higher degree) having majority of their income from practice, Architects, Chartered Accountants & Company Secretary can avail personal loans: Minimum age of applicant: 24 years to 65 years at the time of loan maturity Minimum Annual Net Profit: Rs 2 lac per annum
Maximum loan available: Rs 20 lacs for Self Employed doctors
Special personal finance scheme for Self Employed doctors Self-employed Individuals
Any individual filing Income Tax returns can apply. The applicant in all the cases 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. Lease Rental Discounting(LRD)
All resident individuals can apply. The lessee must however be a company as defined under the Companies Act, 1956. Funding will be done only against ready commercial property. The same will be restricted to 85% of the net present value of the future rentals or 50% of the value of property, whichever is lower.

Axis Bank provides loan against property, be it commercial or residential. You can also apply for this loan if you need funds to acquire new property. A take-over of your existing loan with refinancing is also possible with Loan against property.

 

Key benefits

Attractive interest rates
Doorstep service
Loan against property residential
Loan against property Commercial
Loan for purchase of commercial property
Take-over of existing loan with additional refinance (Balance transfer)

 

Eligibility

Salaried Individuals
Any individual who is in permanent service in government or a reputed company. The applicant in all the cases should be above 24 years of age at the time of loan commencement and up to the age of superannuation. Professionals
Professionals (ie, 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. Self-employed Individuals
Any individual filing Income Tax returns can apply. The applicant in all the cases 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. Lease Rental Discounting(LRD)
All resident individuals can apply. The lessee must however be a company as defined under the Companies Act, 1956. Funding will be done only against ready commercial property. The same will be restricted to 85% of the net present value of the future rentals or 50% of the value of property, whichever is lower.