As of April 2023, Axis Bank offers home loans with interest rates starting at 8.75% p.a. The bank provides loans up to ₹5 crore, with a flexible repayment tenure extending up to 30 years. A processing fee of up to 1% of the loan amount, subject to a minimum of ₹10,000, is charged. Axis Bank offers a variety of home loan schemes including QuikPay Home Loan, Shubh Aarambh Home Loan, Fast Forward Home Loan, Asha Home Loan, and Top-up Home Loan.

Axis Bank Home Loan Interest Rates 2023 Highlights

Data sourced from the Axis Bank website as of April 12, 2023. Interest rates are floating and linked to the repo rate. The applicable rate is determined based on the applicant’s income, CIBIL score, property value, and other factors.

Axis Bank Home Loan Calculator

Calculating your home loan EMI in advance can help you plan your loan repayment better. While manual calculation is possible, it is time-consuming and prone to errors. A more efficient method is to use the Axis Bank home loan calculator.

Axis Bank Home Loan Interest Rate for NRIs

Axis Bank also provides home loans to NRIs for purchasing property in India. Here are the details for Axis Bank’s NRI home loans:

• Eligible Residents: NRI, Persons of Indian Origin (PIO), Overseas Citizens of India (OCI), excluding citizens of Pakistan, Bangladesh, Sri Lanka, Afghanistan, China, Iran, Nepal, or Bhutan.
• Age: Minimum age – 24 years; Maximum age – 60 years or retirement age (whichever is earlier).
• Loan Tenure: 1 – 25 years.
• Interest Rate: Not applicable.
• Income Eligibility:
  • GCC Countries: AED 6,000 per month
  • USA & Other Countries: USD 3,500 per month
  • Merchant Navy: USD 2,500 per month
• Work Experience: Minimum overseas work experience of 6 months; Total minimum experience of 2 years.
• Other Benefits:
  • Minimal processing charges
  • Fast application process
  • Flexible tenure
  • Attractive interest rates

Note: Age at the time of loan maturity.