🧨 Home Loan Rate Of Interest Axis Bank

Ask AHA! Fast Forward Home Loan Interest Rates: Axis Bank offers some of the most attractive home loan interest rates in India. Check out the current home loan rates here. The interest rate charged on top up loans is relatively lesser than personal loans. The rate of interest charged on the top-up loan is slightly higher than the interest charged on home loans. The processing fee charged on top up loans is up to 2.5 percent. However, when compared to personal loans, top up loans are very cheap. For Rupee Term Deposits of a contracted amount less than Rs. 5 crores opened/renewed on or after May 1, 2014 (including Flexi deposits), interest rate shall be 1.00% below the card rate, prevailing as on the date of deposit, as applicable for the period the deposit has remained with the bank or 1.00% below the contracted rate, whichever is lower ("Premature Closure Penalty Rate"). Axis NRI Home Loan Interest Rates and Charges. To avail the NRI home loan from Axis Bank, you need to be aware of the rate of interest that the bank charges on the home loan. The rate of interest is 8.90% to 9.05% with a mark-up percentage. This accompanies the marginal cost of funds-based lending rate or MCLR. 14.70%. Loans greater than Rs. 7.5 Lakhs. 6.50%. 7.20%. 13.70%. Repo Rate 6.50%. Repo Rate Reset frequency - 3 months or as decided by the bank, whichever is earlier. The Bank is free to decide the spread over the Repo Rate. The spread may undergo a change during the tenure of the loan. Axis Home Loan. Axis Bank offers eligible customers housing loan options with interest rates starting at 9.0% p.a. on floating rate loans, and 14% p.a. on fixed rate loans. The tenure can be extended up to 30 years in the case of floating rate loans and 20 years in the case of fixed rate loans. The processing fee applicable can be up to 1% of Axis Bank FD interest rates revised (from December 26, 2023) Axis Bank offers an interest rate of 3% for FDs maturing between 7 days and 29 days. For FDs maturing between 30 days and 45 days, the bank offers an interest rate of 3.5%. FDs maturing between 46 days and 60 days will fetch an interest rate of 4.25%. Availing business loan from Axis bank is beneficial in many ways as mentioned below: Competitive interest rates. Wide range of MSME, Business, Corporate, Term or Working Capital Loans. Collateral Free loans up to Rs. 15 lakh. Processing fee up to 1.75% of the loan amount. Business loans on the basis of GST returns. Axis Bank offers the Fixed Deposit (FD) account at attractive interest rates ranging between 3.00% p.a. and 7.10% p.a. for general citizens and 3.50% to 7.75% p.a. for senior citizens for deposits below Rs.2 crore. The tenure offered by the bank ranges from seven days to ten years. Interest Rates. Home Loan to Salaried. 8.60% - 8.95%. Home Loan to Salaried Fixed. 14.00%. Home Loan to Self Employed. 8.70% - 9.05%. Interest Rates on Asha Home Loans. The interest rate for the customer shall depend on their credit assessment and the product variant. 24x7 Quick Overdraft is a paperless option for an instantly accessible credit facility, to help you with your day-to-day business needs. It can be accessed through Axis Mobile and Internet Banking. Further, this facility grants you customised offers and provides you the option of instantly utilising your funds post creation of the overdraft. LIC Housing Finance Limited (LIC HFL) offers home loans starting from 8.40% p.a. onwards for tenures of up to 30 years. It also offers home loan balance transfer/takeover facility to existing home loan borrowers of other lenders at lower interest rates and Griha Varishtha home loan to applicants having pension benefits with loan tenures of up to 80 years of their age. B4Cy.

home loan rate of interest axis bank