Axis Bank Personal Loans

Axis Bank Personal Loans have been designed by Axis Bank to suit personal requirements of individuals like marriage, holiday, education, purchase of any expensive commodity or any such anticipated or unanticipated monetary involvement.

Axis Bank Personal Loans are easy to get and absolutely hassle free. With minimum documentation you can now secure a personal loan for an amount upto Rs. 15 lakhs. Axis Bank Personal loan can be used for any purpose.

Axis Bank Personal Loans provide the following benefits:

• Pesonal loan up to Rupees one million for any purpose.
• Flexible Repayment Options ranging from 12 to 48 months.
• Repayment through Easy Monthly Installments (EMIs).
• Low Rate of Interest on Personal loans.
  
• Hassle free loans - No guarantor/security/collateral required
• Speedy loan approval
• Service at the customer's doorstep

Further, there are additional privileges for Axis Bank account holders like:

• Special rates of interest on loans.
• For existing Auto Loan customers with a clear repayment of 12 months or more from even any of the approved financiers of Axis Bank, a hassle free personal loan without income documentation can be obtained.
• For existing Axis Bank Personal Loan customer with a clear repayment of 12 months or more, personal loan can be enhanced.

Axis Bank Personal Loans can be availed by the following groups of professionals:

• Salaried Individuals
• Self Employed Individuals
• Self Employed Individuals in private companies and partnership firms in manufacturing,trading or services
• Each of the above groups of professionals encounter a specific set of criteria for sanction of Axis Bank Personal loan. Loan Applicants are also required to present a specific set of document.

The fees and interest charges on Axis bank personal loans are liable to variation from one individual to another according to parameters like:

• Financial Status of the person seeking loan
• His/her years of service left (in case of salaried individuals)
• Position of business (in case of self employed individuals)
• Valuation of Collateral Security provided by the loan seeker
• However, all the conditions mentioned above are subjected to the sole discretion of the concerned authorities of Axis Bank and are liable to vary from one person to another.

Axis Bank Personal Loans have risen in popularity over the years due to the less stringent criteria for approval.

Note - This is a Guest post from Loansbuzz.com