Hello friends, I welcome you all to today’s article. Friends, we will inform you how to take a personal loan from Axis Bank. Friends, do you also need a loan and are not able to get a loan from anywhere, and even if you are getting a loan, it is 10 thousand or 20 thousand but you need more money, then in such a case, Axis Bank personal loan can be a good medium for you because from here you can get a loan ranging from 50 thousand to 25 lakhs.
It depends on your credit score and other factors, only after that it is decided how much loan you will get and at what interest. In today’s article, we will tell you its complete information in detail so that you can avail loan easily. For this you will have to read this article till the end.
What is Axis Bank Personal Loan?
This is a loan that you can avail to meet your personal needs and is available without any asset or guarantee making it a non-secure loan. You can use personal loan for wedding expenses, medical emergency, travel, education or any other important work. Axis bank personal loan is available with easy process, quick approval and affordable interest rates. Also, you are given a time period of 12 to 72 months to repay it. This loan is a great option for employed, self-employed and business people.
What is the eligibility criteria for Axis Bank Personal Loan?
- The age of the applicant seeking loan should be between 21 to 60 years. Persons below 21 years of age are not eligible for loan and after 60 years, there can be difficulty in repaying the loan, hence this simple step has been taken.
- Your CIBIL score should be good, preferably 750 or more. A good credit score shows that you have already paid your loan and credit card instalments on time.
- You must have a stable and regular source of income. You can be a salaried person, businessman or self-employed but your income should be regular and sufficient.
- If you are a salaried person then you should have at least 1-2 years of job experience. For self-employed people, you should have at least 2 years of experience in running a business.
What are the benefits of taking Axis Bank Personal Loan?
- Under Axis bank personal loan, you can get a loan of any amount as per your need, like from Rs 1 lakh to Rs 25 lakh.
- The process of applying for personal loan from Axis Bank is very easy and you can also apply for it online.
- The interest rate on personal loan is generally low which saves you from paying a lot of money and thus makes the loan economical. You do not need to pledge any asset for this. This is an unsecured loan so you do not need to worry about it.
- Axis Bank personal loan has a flexible repayment period, which allows you to easily repay the loan instalments. This period can range from 12 months to 60 months.
- Axis Bank personal loan gets approved quickly and you get the loan amount quickly which is useful in any emergency situation.
How to get personal loan from Axis Bank?
If you want to apply online for personal loan from Axis bank then you will have to follow all the processes mentioned below step by step, which will be of this process –
- To take a personal loan from Axis Bank, first of all you will have to go to the official website of Axis Bank or download the Bajaj Finserv App.
- You will have to click on the “Personal Loan” option on the website and after that you will have to fill a form in which your personal information will be given.
- After filling the form, you will have to upload your identity, address and income certificate documents online.
- During this process, you can choose the loan amount and repayment period as per your need.
- After applying, Axis Bank will check your credit score and documents. If your credit score is good and all the documents are correct then your loan will be approved quickly.
- Once the loan is approved, the Axis Bank personal loan amount will be transferred to your bank account.
conclusion –
Friends, in today’s article I have given you information about how to take a personal loan from Axis Bank. I have told you about its complete online application process in detail so that you can easily take a personal loan from Axis Bank while sitting at home and can also avail its benefits. Friends, if you all liked today’s article then do share it.