Are you looking for a reliable personal loan with high loan amounts, flexible repayment options, and minimal documentation? Axis Bank Personal Loan (PL) could be the perfect fit. With funding options up to ₹40 Lakhs*, FOIR-based assessment, and attractive interest rates, Axis Bank stands out as one of the most competitive personal loan providers in India.
❇️ Unique Selling Points (USPs) of Axis Bank Personal Loan
- ✅ FOIR-Based Funding – Loan eligibility is calculated based on your Fixed Obligation to Income Ratio (FOIR), offering higher approval chances.
- ✅ Loan Amount up to ₹40 Lakhs* – High loan limits for salaried professionals and eligible applicants.
- ✅ Tenure up to 84 Months* – Flexible repayment options to suit your financial planning.
- ✅ Attractive Interest Rates – Starting from just 11.15% p.a.*
- ✅ FOIR Allowance up to 80%* – Higher FOIR tolerated for eligible profiles.
- ✅ No Obligation on Last 6 EMIs of Existing PL* – Boosts eligibility for a new loan.
- ✅ Funding up to ₹15 Lakhs for CIBIL Score 0/-1* – Ideal for new-to-credit individuals.
- ✅ Home Loan EMI Relaxation – No/50% obligation if spouse jointly repays HL from their account (with income proof).
- ✅ Balance Transfer (BT) of Credit Card/PL up to ₹40 Lakhs* – Consolidate high-interest debts into one loan.
- ✅ Funding for Defence Personnel up to ₹40 Lakhs
- ✅ Loans to Employees of Unlisted Companies up to ₹15 Lakhs* – Encouraging broader inclusion.
- ✅ Bonus/Incentive/Pension/FD Interest/Dividend Income Included in FOIR Calculation*
- ✅ Loans up to ₹40 Lakhs for LIC Agents & Doctors under PL Consultant Program*
📋 Axis Bank PL Eligibility Criteria
To qualify for a personal loan from Axis Bank, applicants must meet the following conditions:
- ✅ Minimum CIBIL Score: 740+
- ✅ Minimum Net Monthly Income (NMI):
- ₹35,000 for Super Cat A
- ₹50,000 for Category B
- ₹75,000 for Category C
- ✅ Minimum Loan Amount: ₹2 Lakhs
- ✅ Maximum FOIR: Up to 80%
- ✅ Eligible Categories: Super Cat A / A / B / C Companies
💳 Credit Card & Loan Obligations
- ✅ Credit Card EMI Obligation: Considered as 4% of outstanding balance.
- ✅ Balance Transfer (BT) Eligibility:
- EXBT of PLs from all listed Banks/NBFCs/Fintechs.
- Maximum 5 takeovers allowed.
- Minimum vintage of 6 EMIs for the loan being transferred.
- OD BT allowed from Bajaj & Tata after 6 EMIs.
👨👩👧👦 Who Can Apply?
- ✅ Age Criteria: 21 to 60 years
- ✅ For Listed Companies: Min NMI ₹25,000
- ✅ For Category D / Unlisted Companies: Min NMI ₹40,000
📝 Documents Required for Axis Bank Personal Loan
The documentation process is simple and minimal:
- ✅ One Passport-Size Photograph
- ✅ PAN Card
- ✅ Current Address Proof
- ✅ Last 3 Months’ Salary Slips
- ✅ Last 3 Months’ Bank Statement
- ✅ For Balance Transfers: Statement of Account or Loan Schedule + 6 Months’ Repayment Bank Statement
💥 Special Segment – New to CIBIL (0/-1)
Are you new to credit? Axis Bank offers loan amounts up to ₹15 Lakhs for individuals with no credit history (CIBIL 0 or -1), making it a great starting point for building your credit profile.
📌 Why Choose Axis Bank Personal Loan?
Axis Bank is known for its robust financial solutions, trusted banking services, and customer-centric approach. Their personal loan offering is tailor-made for salaried professionals who need quick, high-value funding with relaxed eligibility norms.
Whether it’s debt consolidation, home renovation, wedding expenses, or emergency medical needs, Axis Bank Personal Loans have you covered.
📞 Need Help?
For more details or to check your eligibility, get in touch with your nearest Axis Bank Sales Manager or ASM today!
🔍 FAQs
Q. What is the maximum loan amount I can get from Axis Bank?
A. Eligible applicants can get personal loans up to ₹40 Lakhs*.
Q. Can I apply if I’m new to credit?
A. Yes, loans up to ₹15 Lakhs* are available for applicants with CIBIL score 0/-1.
Q. How soon can I get the loan?
A. Loan disbursal is typically quick once documents are verified and eligibility confirmed.
