Unlock the value of your property with a secured loan designed to meet business or personal financial needs.

Axis Finance Personal Loan is designed to solve your financial requirements be it for a medical emergency, planning a much-needed family vacation, school fee, or for that makeover you have been waiting for, we offer straightforward financial solutions that can alleviate your worries. With our hassle free process you can avail Personal loan up to Rs 50 lakhs tailored to suit your requirements with a flexible loan tenure up to 7 years. 

Axis Finance Business Loan is the ideal solution for borrowers in need of funds to meet your immediate cash flow needs, purchase machinery to grow your business or increase stocks to cater to the upcoming festive season. We offer loan solutions to meet your short-term and medium-term financial needs.

Turn your dream of owning a home into reality with simple and flexible home loans tailored to your needs.

Calculators
Public Auction under SARFAESI

Our portfolio comprises of secured loans against a variety of asset classes (ready residential, commercial and industrial properties etc.) with an identified cash-flow (rent, dividend, royalty, fee, dedicated business revenue etc.).

Our Corporate loan segment within the Wholesale Banking is sector agnostic and provides loan facilities with tenures ranging from 1 year to 12 years to all sizes of corporates (Conglomerates, large to mid-sized corporates and SMEs).

Our RE lending includes developers who have delivered ~2Mn sq.ft. of area comprising of ready inventory / late-stage projects and select under construction projects. We operate in all Tier 1 and Metro Cities and select micro-markets in Tier II cities as well.

Locate Us
Public Auction under SARFAESI

Insurance serves as the cornerstone of financial stability, providing a vital shield against life's uncertainties. Acting as a robust safety net, it safeguards your assets, health and loved ones from unexpected accidents and unforeseen disasters. Discover a diverse range of insurance products tailored to your specific needs and requirements, ensuring comprehensive protection and peace of mind for you and your family.

Life insurance is more than just financial protection; it's about safeguarding the ones we love.
With Axis Finance Ltd, you're not just getting insurance - you're getting a partner in financial security. Let us help you protect what matters most with the trusted insurers in the market.

With Axis Finance Limited, you will receive comprehensive plans to suit your General Insurance needs like Home Insurance, Commercial Property Insurance.

Explore the coverage options and enjoy peace of mind knowing that you and your loved ones are protected against unforeseen medical expenses.

Insurance Grievance Redressal Mechanism

Schedule of Charges for Retail Borrowers

With Effect From 1st April 2025
Fees and chargesLoan Against PropertyHome LoanBusiness LoanPersonal LoanEducation Loan

Loan Application Charge

Please Note-These charges are a one-time non-refundable fee and is collected by Axis Finance for the purpose of appraising the Application. The same is independent of the outcome/result of such appraisal and is charged per collateral.


Loan Processing Charge

Please Note – These charges if collected upfront are refundable in case of Loan cancellation.

Application charge

Loan Against Property, Affordable Home Loan and Home Loan – Up to 5000/+Applicable Taxes (per collateral)

Micro LAP and Affordable Home Loan – Up to Rs 2500/+ Applicable Taxes


Processing Charge

Loan Against Property, Affordable Home Loan and Home Loan – Up to 2% + Applicable Taxes

Micro LAP Loan – up to 3% + Applicable Taxes

Application Charge- Nil
Processing Charge- Up to 3% + Applicable Taxes		Application Charge- Nil
Processing Charge- Up to 3% + Applicable Taxes		Up to 2% of the Loan amount + Applicable Taxes

Part-Prepayment (on the amount being part paid)/ Foreclosure (Full Pre-Payment) on the total loan outstanding amount/ current limit (Available limit + Utilized limit in case of overdraft

Charges for part-prepayment (on the amount being part paid) and foreclosure (full pre-payment) and applicable conditions:

  • Applicable for: (i) Facilities where the Interest Rate is Fixed Rate and (ii) Facilities where the Interest Rate is Dual Rate (subject to the Interest Rate being Fixed Rate at the time of pre-payment):

    A. Part Pre-payment or foreclosure shall not be permitted before servicing of 12 EMIs.

    B. Part Pre-payment after servicing of 12 EMIs shall be permitted:

    (i) only twice in a financial year;

    (ii) the maximum permissible part prepayment amount shall be up to 25% of the principal outstanding amount, as at the beginning of the financial year;

    with prepayment/ foreclosure charges of 4% plus applicable taxes (for Home Loan, Loan Against Property (LAP), Affordable Home Loan and Micro LAP);

    (iv) pre-payment charges shall be calculated on the amount being part paid;

    v) foreclosure charges shall be calculated on the total loan outstanding amount, or in case of overdraft facilities on the current limit (Available Limit + Utilized Limit).

  • Applicable for: (i) Facilities where the Interest Rate is Floating Rate and (ii) Facilities where the Interest Rate is Dual Rate (subject to the Interest Rate being Floating Rate at the time of pre-payment):

    I. For Facilities availed by individuals and Micro and Small Enterprises: Pre-payment charges/ foreclosure charges – NIL

    II. For Facilities other than those covered in 2. I. above:

    (a) Part prepayment or foreclosure shall not be permitted before servicing of 12 EMIs.

    (b) Part prepayment after servicing of 12 EMIs shall be permitted:

    (i) only twice in a financial year;

    (ii) the maximum permissible part prepayment amount shall be up to 25% of the principal outstanding amount, as at the beginning of the financial year;

    (iii) pre-payment/ foreclosure charges as follows:

    • Loan Against Property (LAP) and Micro LAP – 3% plus applicable taxes;
    • Home Loan and Affordable Home Loan – 2% plus applicable taxes;

    (iv) pre-payment charges shall be calculated on the amount being part paid;

    (v) foreclosure charges shall be calculated on the total loan outstanding amount, or in case of overdraft facilities, on the current limit (Available Limit + Utilized Limit).

  • Additional conditions:

    I. Appropriation of amounts received:

    Any amount received towards Part Prepayment or Foreclosure shall be appropriated in the following order:

    (i) Overdue interest, if any;

    (ii) Principal Outstanding; and

    (iii) Other applicable charges (as per the appropriation method adopted by the Lender)

    II. Impact on EMI and Tenure:

    (i) In case of Part pre-payment, the EMI amount shall remain unchanged.

    (ii) The tenure of the facility shall be reduced on the basis of the Part prepayment made.

    III. The applicable prepayment charges shall depend on the category of the Borrower enterprise (i.e. micro, small or medium) at the time of prepayment. The category of the Borrower enterprise shall be validated through latest udyam certificate which can be authenticated by AFL/Lender by all means.

    IV. A request for partpayment/foreclosure will be accepted by the Lender subject to such request being made by the Brorrower in writing to the Lender’s designated email id and/or through the AFL’s call centre. Any payments made by the Borrower towards prepayment / foreclosure without a request in the specified manner will not be accepted by the Lender.

Applicable Charge - 3% + Applicable Taxes

Part Pre-Payment and Foreclosure conditions applicable

  • Part Pre-Payment / Foreclosure shall be permitted only after clearance of 12 EMI’s.
  • Part – Pre- Payment will only be allowed twice in a financial year and up to 25% of Principal Outstanding at the beginning of FY
  • Amount received as Part – pre – payment / Foreclosure, will be adjusted against the Overdue interest if any, Principal outstanding and other charges (As per the Appropriation method adopted)
  • For any Part- Pre-Payment received adjustment will be given in Tenure and EMI would remain the same. (Tenor would decrease and EMI amount will remain the same)

Applicable Charge -3% + Applicable Taxes

Part Pre-Payment and Foreclosure conditions applicable

  • Part Pre-Payment / Foreclosure shall be permitted only after clearance of 12 EMI’s.
  • Part – Pre- Payment will only be allowed twice in a financial year and up to 25% of Principal Outstanding at the beginning of FY
  • Amount received as Part – pre – payment / Foreclosure, will be adjusted against the Overdue interest if any, Principal outstanding and other charges (As per the Appropriation method adopted)
  • For any Part- Pre-Payment received adjustment will be given in Tenure and EMI would remain the same. (Tenor would decrease and EMI amount will remain the same)

Foreclosure Charges

  • NIL

CERSAI Charges

Rs.100

Rs.100 (For secured loan)

N.A.

Bounce Charges

(Cheque Return / NACH failure)

Rs. 500 per bounce

Document charges

(Statement of Account / Foreclosure Letter/ Repayment Schedule/ Interest certificate/ Balance statement/ List of documents/No Dure Certificate)

NIL

Document retrieval charges

Rs. 500/- per document

PDCs, Security Cheques, NACH Swap charge

Rs. 500/- per instance

Loan rescheduling charges (on customer request and subject/ Repricing under Floating rate of Interest to approval from AFL)

0.50% of the outstanding Loan

Interest rate mechanism swap charges

(Fixed rate to floating and vice-versa)

1% of the loan outstanding

N.A.

N.A.

N.A.

Loan cancellation Charge

Rs.5000 + Applicable Taxes

Rs. 1000

Rs. 1000

NIL

Collateral / Security swapping / partial release

Rs.5000 per instance + Applicable CERSAI Charges + Applicable Taxes

Rs. 5000 per instance (For secured loan)

N.A.

NIL

Stamp duty and other statutory charges

As per applicable laws of the state

Penal Charge**

Penal Charges for delay in any payments due under the Finance Document(s)

6% p.a. on the overdue amount (Principal overdue / Interest overdue / EMI overdue) for the period the said amount remains overdue.

Penal Charges for delay in Security creation as per the terms of the Sanction Letter.

2% p.a. The penal charges for delay in security creation will be levied on the outstanding principal amount of the Facility, commencing from the date the security was supposed to be created until the date it is actually created.

Penal charges related to non-compliance of any other Material Terms and conditions as per the sanction letter / facility agreement

Or

Penal charges related to non-submission of documents / information as per the Sanction Letter terms and conditions

1% p.a. The Penal Charge for these non-compliance will be levied on the outstanding principal amount of the Facility, for each instance of non-compliance, calculated from the date of the breach until the date the terms of the Sanction Letter are met. In cases involving multiple breaches, the total penal charges will not exceed 3%.

**The said Penal Charges are over and above the applicable Rate of

**There will be no further interest charged on Penal Charges

ods and Services Tax (GST) will be charged extra as per the applicable rates, on all the charges and fees (wherever GST is applicable). The above charges are subject to change and the same shall be updated on our website www.axisfinance.in accordingly.

^ Subject to as permitted under Applicable Law, the payment of Foreclosure Charges / Prepayment Charges shall be permitted only from the following accounts:

  • Salary account of the Borrower for salaried Borrower(s); or
  • Current account used for business purposes for self-employed Borrower(s); or
  • Repayment account registered with the Lender for the purpose of repayment of the Facility.

*Interest Rate Swapping is not applicable for Personal Loan and Business Loan.

*AFL does not offer any concession on any of the charges mentioned above for MSME entity