Instant Personal Loan
Personal Loan

Rs. 60000 Personal Loan

No collateral required | Tenure up to 60 months |
Balance Transfer facility


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Personal Loan of Rs 60,000

In times of financial urgency, securing a loan easily through traditional means can be tough. The process typically requires extensive paperwork, visits to banks or financial institutions, and a long application process.

But thanks to digitisation, Axis Bank is now able to offer you a personal loan of Rs 60,000 in less than an hour. The entire procedure is conducted online, eradicating lengthy waiting periods and cumbersome paperwork.

With this streamlined approach, you can conveniently apply for a Rs 60,000 loan online and redirect your focus towards other pressing matters. Say farewell to lengthy queues and copious forms, and welcome a hassle-free loan application experience with Axis Bank.



Features and benefits of a Rs 60,000 personal loan

EMIs to fit your pocket:

You can enjoy lower EMIs by increasing your loan tenure. It allows you to manage your finances more effectively and reduce the burden on your monthly burden.

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Part-prepayment facility:

You also have the option to make part-prepayments towards your loan. While a nominal fee is applicable for prepayment, it enables you to repay your loan faster, ultimately saving on interest charges in the long run.

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Convenient loan management:

You have the option to manage your loan through your Axis Bank internet banking account and Open app. It helps you monitor your payments, access account information, and stay updated on your loan status.

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Adjustable tenure:

You can tailor the repayment period to suit your financial capabilities and preferences with an adjustable loan tenure, ensuring a comfortable repayment schedule that aligns with your needs.

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Basic paperwork:

You also get a hassle-free application process with minimal paperwork requirements, streamlining the borrowing process and saving you valuable time and effort.

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Speedy approval process:

Your instant Rs 60,000 loan will be approved quickly provided you have all the necessary documentation ready. This way you can get swift access to funds when you need them the most, without unnecessary delays.

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Fast money transfer:

As the approval is done, the loan amount is transferred to your account, allowing you to address your financial needs without any hassle.

No collateral required:

You can get the loan without any collateral or security, providing you with peace of mind and eliminating the risk of losing valuable assets.

No extra charges:

You can also enjoy transparent and fair terms with no hidden fees or extra charges, ensuring that you know exactly what you're paying for without any surprises along the way.

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Pre-approved offers:

You can also avail of pre-approved loan offers that provide you with instant access to funds and simplify the borrowing process even further.

Paperless application process and instant approval:

By applying for 24x7 Personal Loans online and completing the video KYC process, your loan application gets approved without any documentation and paper work.

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How to apply for a Rs 60,000 Personal Loan?

  • To initiate your loan application to avail of a loan of Rs 60,000, please click here.
  • Verify your mobile number by inputting the OTP sent to it.
  • Prepare your bank statements and salary slips from the last six months for uploading.
  • Complete the eKYC and Video KYC procedures.
  • Proceed to authenticate your Aadhaar by entering the OTP received on your Aadhaar -linked mobile number and submit the details.
  • Subsequently, provide additional essential information about your salary account, employment, and educational background.
  • The interface now shows you the maximum loan amount you are eligible for.
  • You have the option to adjust the slider or manually input Rs 60,000 as your desired loan amount and select the tenure. Detailed information regarding interest charges and your Rs 60,000 loan EMI amount will be provided.
  • Reconfirm your employment address and verify your official email address.
  • Click on "continue" and "avail now". A confirmation screen will appear, congratulating you on your successful loan application and stating the loan amount you've secured.
  • The loan amount will be disbursed into your account within a few hours.


Eligibility Criteria to get Personal Loan of Rs 60,000

  • Applicants must be at least 21 years old.
  • Applicants should not exceed 60 years at the time of loan maturity.
  • A minimum net monthly income of Rs 15,000 if you are an existing Axis Bank customer or Rs 25,000 if you are a new customer.
  • Salaried employees are eligible to apply for the loan.
  • A CIBIL score of 720-750 is useful.


Documents Required for Rs 60,000 Personal Loan

  • Last 3 Months Bank Statements
  • 3 latest Salary Slips.
  • Latest Form 16
  • KYC documents: (anyone from the list)
  • Passport
  • Driving licence
  • PAN Card
  • Aadhaar Card with date of birth
  • Voter's ID


Additional documents for salaried individuals for Personal Loan for 60,000 include

  • Identity verification: PAN Card, passport, driving licence or voter ID card
  • Residential proof: Current utility bill (within the past 3 months), passport or Licence Agreement Financial records: Bank statements from the last 3 months
  • Income evidence: Salary slips from the previous 3 months
  • Photographic identification: Recent passport-sized photographs

Note: This is an indicative list and the bank may ask for additional documents on a case-to-case basis



Rs 60,000 Personal Loan Fees & Charges

Fees and Charges to avail a loan for Rs 60,000

Type of Charges Charges
Repayment instruction / Instrument return chargesRs 339/- per instance of dishonour of cheque /SI/ECS/NACH debit instruction + GST as applicable
Swap charges (Cheque/Instrument)Rs 500/- per instance + GST as applicable
Penal Interest@24% per annum i.e. 2% per month on the overdue instalment.
Duplicate statement issuance chargesRs 250/- per instance per set + GST as applicable.
Duplicate Amortisation schedule issuance chargesRs 250/- per instance per set + GST as applicable.
Credit Information Companies (CICs) Report Issuance ChargesRs 50/- per instance per set + GST as applicable.
No Dues Certificate generation charges (Duplicate)Rs50 per instance per set + GST as applicable.
Stamp Duty ChargesAs per State Stamp Act
Part Payment / Pre-Payment Charges5% + GST (as applicable) For loans disbursed 4th October, 2023 onwards: Fee for more than 36 months, 2% fee is applicable otherwise 3%
Processing fee chargesup to 2% of the loan amount + GST as applicable


Frequently Asked Questions

What is the processing time for a Rs 60,000 Personal loan?

Once you have submitted all the required documents and met the eligibility criteria, Axis Bank processes personal loan applications quickly. You can receive instant approvals and loan disbursal can also take place in just a few hours.

Can I get a personal loan of Rs 60,000 without any collateral?

Yes, you can obtain a personal loan of Rs 60,000 without the need for any collateral. Axis Bank offers unsecured personal loans, which means you do not have to pledge any assets or provide any form of security to avail of the loan.

What credit score do I need for an instant Rs 60,000 loan?

To qualify for a hassle-free instant Rs 60,000 loan from Axis Bank, a good credit score is a must. Axis Bank requires applicants to have a minimum CIBIL score of 750 or higher to be eligible for its loans.

Can I avail Rs 60,000 loan without documents?

You can access a Rs 60,000 loan without extensive documentation, especially if you're an existing customer of Axis Bank with pre-approved loan offers. However, new customers require basic documentation, such as proof of identity, address, income, and bank statements.

Can I avail Rs 60,000 loan without income proof?

Banks require information about your income to assess your ability to repay the loan. If you lack income proof, you can contact the bank, which may then review your bank statements to determine your repayment capability.



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