Loan Against Property For NRI Salaried

Avail loan against your commercial property, residential property.

Get interest rates starting as low as 11.0%.

Carry over your existing loan to Axis Bank .

Apply for and handle your loan from the comfort of your home or office with service at your doorstep.

Get Lease Rental Discounting.

Repayment:

Maximum repayment period is 15 years

Security:

Equitable Mortgage of the property to be financed, by way of deposit of title deeds

Insurance:

Customer can avail Property and Personal Accident insurance cover as per the guidelines and arrangements with the insurer/underwriter. This is optional.

Processing Fee:

A Processing Fee equivalent to 1% of the loan amount sanctioned (taxes as applicable) inclusive of a non-refundable login fee of Rs. 5,000/- (taxes as applicable).

Penalty for early closure:

Pre-payment charges - if any applicant is Non Individual - 3% will be charged if the amount exceeds 25% of the principle outstanding during a quarter, otherwise no penalty will be charged in case of all loans. In case of take-over/transfer of your loan from Axis Bank Limited by/to any other bank/housing finance company/financial institution, a prepayment penalty of 3% on the principal outstanding will be recovered.

Other Conditions:

Axis Bank reserves the right to reject any application without assigning reasons thereof

The applicant will undertake to inform the Bank as and when there is a change in address or employment

The Terms & Conditions mentioned above and elsewhere under the scheme are subject to modification from time to time solely at Axis Bank's discretion.