Schedule of Charges | Axis Finance Fees & Charges

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 business loans up to Rs 50 lakhs to meet your short-term and medium-term financial needs, for a loan tenure of up to 48 months. Our simple and hassle-free processes offer faster processing of loans from anywhere.

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

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.

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.

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Schedule of Charges for Retail Borrowers

Fees and charges	Loan Against Property	Home Loan	Business Loan	Personal Loan	Education Loan
With Effect From 1st April 2025
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 and Home Loan – Up to 5000/+Applicable Taxes Micro LAP and Affordable Home Loan – Up to Rs 2500/+ Applicable Taxes Processing Charge Processing Charge Loan Against Property and Home Loan – Up to 2% + Applicable Taxes Micro LAP and Affordable Home 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	Applicable Charges: For Loans under Floating Rate of Interest If primary applicant is a Non-Individual (For Home Loan, LAP, Micro Lap and Affordable HL) If primary applicant is Individual with End use as Business (Excluding Home Loan and Affordable HL) For Loan Against Property & Micro LAP -3% + Applicable Taxes For Home Loan & Affordable HL - 2% + Applicable Taxes For Loans under Fixed Interest Rate- 4% + Applicable Taxes (For Home Loan, LAP, Affordable HL & Micro LAP) 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) *For Individual Borrowers with End use other than business, Pre-Payment and Foreclosure charges and conditions will not be applicable, if the loan is under Floating ROI.		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 Re-scheduling/ Re-pricing under floating ROI (on customer request and subject 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 – Charged when the customer requests for cancellation of the loan after disbursement has been booked by AFL before the expiry of 90 days from the date of disbursement. Interest accrued on the loan disbursed along with cancellation charge would be levied. Post expiry of 90 days foreclosure would be applicable to the loan outstanding instead of Loan Cancellation charge	Rs. 5000		Rs. 1000	Rs. 1000	NIL
Collateral / Security swapping / partial release	Rs. 5000 per instance		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, Subject to Maximum of 3% p.a. in case of Multiple breaches.
Goods 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. 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. The said Penal Charges are over and above the applicable Rate of Interest. *There will be no capitalization of the penal charges i.e., no further interest computed on such charges.