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The purchasing property is kept as mortgage till the complete repayment of the loan. The loan amount is given by the bank depending on the repayment capacity of the individual. If the repayment capacity is high, then chances are that the loan amount offered is also high. A home loan can have a floating or a fixed rate of interest. Normally, the tenure of a home loan is between 5 and 30 years. Yes, you can make a part-prepayment towards your Home Loan at your nearest Axis Bank Loan Center.
FeaturesLoans with 2 years fixed + floating rate of interest. FeaturesAffordable home loans for both Salaried and Self Employed customers. Bank will publish the REPO rate every month on a pre-announced date.
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The EMI may be subject to change when interest rate changes or a part-payment of the Loan is made. Pre-EMI interest is the interest on the loan amount disbursed by the bank. It is payable every month from the initial date of disbursement until the commencement of the EMI payments. CreditMantri will never ask you to make a payment anywhere outside the secure CreditMantri website. DO NOT make payment to any other bank account or wallet or divulge your bank/card details to fraudsters and imposters claiming to be operating on our behalf.
Total Processing fees of 1% of the outstanding principal with a minimum of Rs. 10,000 plus GST as applicable will be charged. Upfront processing fee of Rs 5000 plus GST shall be collected at the time of application login. This fee will not be refunded under any circumstances such as loan rejection/withdrawal of the loan application etc., non disbursement of loan for the reasons solely attributable to the customer. Balance processing fee as applicable shall be collected at the time of loan disbursement. A Home Loan is used by individuals who need finance to buy a house or apartment or build one.
Axis Bank Home Loan Customer Care
You can also get an estimate of the loan amount by using the EMI calculator for home loans on the website. Axis Bank follows a structured process with regard to home loan applications. It is a convenient and hassle free way to get a home loan. You can submit all required documents along with the application form to the bank executive. Thereafter, you will receive a loan sanction information. This is reviewed by the Axis Bank Legal and Technical team.
We achieve this with a cutting edge combination of data science and technology that ensures that both lenders and borrowers have a transparent common platform to make their decisions. We treat your data with the utmost confidentiality and will never share or sell it to anyone. Our dedicated and best-in-class customer service will go the extra mile to support you on every step of your credit journey.
Axis Bank Customer Care E-mail ID Chennai
Before we process a foreclosure, all outstanding dues must be cleared. So we request you to first check for and clear any remaining amount that may be payable towards your Home Loan by requesting a foreclosure statement from your nearest Axis Bank Loan Center. You can switch from a floating rate of interest to a fixed rate of interest and vice versa.
The bank also has international offices in various countries including Dubai, Colombo, Hong Kong, Singapore, Shanghai and UK. Further, the Bank shall have absolute right to decide and apply the spread over the REPO rate, ”Spread” shall consist of credit risk premium , operating costs and other costs. The spread will be reset periodically once in three years from the date of disbursement. Your credit risk premium shall be reviewed by the Bank at regular intervals and shall undergo a revision in case of a substantial change in your credit assessment. The EMI consists of the principal amount and the interest on the balance outstanding. It is calculated by taking into account the loan amount, the time frame for repaying the loan and the interest rate on the borrowed sum.
Here’s how individual customers can avail our Phone Banking services:
Yes, resident Indians are eligible for tax benefits on both the principal and the interest of a Home Loan under the Income Tax Act. CreditMantri is India’s No. 1 site for Credit Analysis and Free Credit Score Online. Let us help you take control of your credit goals and unlock the door to your financial freedom. Axis Bank is one of the first new generation private sector banks to have begun operations in 1994. The share holding of Unit Trust of India was subsequently transferred to SUUTI, an entity established in 2003.
The reset period and date will be decided on the date of first disbursement. Download the Axis Mobile Application or log onto Internet Banking to get access to all account details pertaining to the loan. The EMI consists of the principal amount and the interest on the balance outstanding amount.
Enter the required details in the form on Axis bank's official website for credit card complaints under the ''Support'' section to report any unauthorized transactions on Axis credit card. The rate of interest offered to you for your loan shall be the aggregate of REPO rate plus spread. It may be noted that the REPO rate would be reset every three months or as decided by the Bank, whichever is earlier.

Axis Bank reassesses the BR and MRR from time to time after considering numerous factors including the cost of funds, cost of operations, prevailing interest rates, and provisioning requirements. You can get a hassle-free home loan application and approval experience in Axis Bank. Contact Axis Bank toll-free number, Axis Bank Home Loan Customer Care Helpline Numbers (City-wise), missed call, Email ID, or SMS. If your complaint is being escalated, you must keep your service request number handy, which you will obtain the first time you call the call centre to register your complaint. Always use the customer care numbers displayed on Bank’s official website.
You can now raise any questions or issues you have with the phone banking officer. Get additional financing on the same property for personal or business requirements. If you are already repaying a home loan and need funds in a hurry, take a top-up home loan....

Axis Bank has different types of home loans to cater to different needs. The website carries all information regarding home loan including online application. There are quite a few ways you can reach out to the bank anytime to get information.
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