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उत्पाद विवरण
बैंक का नाम

Axis Bank Limited

अधिकतम ऋण अवधि

30 years.

अधिकतम ऋण राशि

INR 5 crore

ब्याज दर

7.9-11.45%

प्रकार

Fixed rate for initial two years and floating rate for the balance loan tenure.

Power Advantage Home Loan
अग्रिम भुगतान

For home loan upto Rs. 30 Lakhs - 10%
For home loan above Rs. 30 Lakhs upto Rs. 75 Lakhs - 20%
For loan above Rs. 75 Lakhs - 25%

फीस और शुल्क

Processing fee:1% of the loan amount
Prepayment charges for floating rate: NIL
Penal Interest On Late Payment:@24% per annum i.e. @ 2% per month on the overdue installment/s
Legal Fee: At actuals.
Stamp Duty And Registration Charges: At actuals.

न्यूनतम CIBIL स्कोर

Not specified.

डाउन पेमेंट और शुल्क

Power Advantage Home Loan

विशेष लक्षण

Interest rate is fixed for initial two years and is floating rate thereafter. 

पात्रता मापदंड

The eligibility criteria for Axis Bank Power Advantage Home Loan can vary depending on your employment type and location, but here's a general overview:

General Eligibility:

  • Minimum Age: 21 years

  • Maximum Age: 60 years at loan maturity (can be 58 years for self-employed professionals)

  • Employment Type: Salaried individuals and professionals are eligible.

  • Minimum Combined Income: Rs. 8,000 per month for salaried individuals and Rs. 10,000 per month for professionals.

  • Location: The property should be located in a designated urban or semi-urban area.

Specific Requirements:

  • Salaried Individuals:Latest salary slips (3 months)
    Form 16 (last 2 years)
    Employer letter confirming current employment
    Bank statements reflecting salary credit for the past 6 months

  • Professionals:Income Tax Returns (ITRs) for the past 3 years
    Proof of practice/registration
    Bank statements reflecting practice income

Additional Eligibility:

  • Clean credit history: No defaults or outstanding dues with any financial institution.

  • Minimum loan tenure: 20 years.

  • Completion of KYC formalities: You need to submit all necessary documents to verify your identity and address.

Co-applicants:

  • You can include co-applicants to improve your loan eligibility by combining incomes and credit scores.

विशेष रियायत

None.

होम सेवर विकल्प

No.

विशेषताएं, पात्रता और रियायत
पेशेवरों
  • No change in rate / EMI during the first two years of loan tenure Loans upto 

  • INR 5 Cr maximum loan amount.

  • Tenure of 30 years.

  • Nil prepayment charge for floating interest rate loans. 

  • Door step servicing. 

  • Axis bank has a wide network.

दोष
  • No home saver option. 

  • High processing fee in comparison to PSU banks.

पक्ष विपक्ष
Application Procedure

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