Instant Personal Loan
Personal Loan

Rs 70,000 Personal Loan

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


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Personal Loan of Rs 70,000

Banks today offer easily accessible Personal Loans to eligible borrowers instantly and within few minutes. The loans can be used for meeting a variety of needs such as sudden medical expenses, an unexpected trip, a planned foreign vacation, your dream wedding and so on. Obtaining a loan of Rs 70,000 from Axis Bank is now a swift process, provided you have the necessary documentation at your disposal.

Below is a step-by-step guide on how to apply for a Personal Loan of Rs 70,000 and have the funds deposited into your bank account within a few hours.



Features and benefits of a Rs 70,000 Personal Loan

Approval in minutes:

You get quick approvals on your loan application due to the digitised banking ecosystem and your loan amount is only a few clicks away.

Fast fund transfer:

You can benefit from expedited fund transfer processes that ensure your approved loan amount reaches your account in a few hours.

Collateral-free finance:

You can have access to funds without providing any collateral. You just have to provide proof of your income that shows your repaying capability.

Flexible tenure:

You can tailor your repayment tenure according to your financial preferences and capabilities. This provides you with flexibility and convenience in managing the loan.

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No unexpected fees:

Axis Bank maintains transparency in financial dealings with no hidden charges, ensuring clarity and peace of mind throughout your loan tenure.

Basic documents required:

Your loan application is further simplified as you need to provide only a few documents that prove your identity, age, address and income. It will help you get a swift Rs 70,000 loan.

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Affordable EMIs:

You enjoy reduced Rs 70,000 loan EMIs if you choose a longer tenure. The liberty to be able to choose the loan tenure can help you manage your income and finances better.

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Easy virtual management:

You can access and manage your loan account conveniently through our mobile banking application and website. This helps in seamless monitoring and control over your finances.

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Enjoy instant approval:

Apply online for 24x7 Personal Loans, do video KYC and your loan is approved instantly. You get the funds in your account in no time, enabling you to meet your requirements easily.

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How to apply for a Rs 70,000 Personal Loan?

  • To start your Rs 70,000 loan application, click on this link.
  • Fill in your mobile number and choose Date of Birth or PAN.
  • Verify your mobile with the OTP.
  • Upload bank statements and salary slips for the last six months.
  • Complete eKYC and Video KYC.
  • Authenticate your Aadhaar with the OTP.
  • Provide additional information about your employment and education.
  • Select your desired loan amount and tenure.
  • Confirm your details and click "avail now".
  • Congratulations! Your loan for Rs 70,000 is approved and the funds will be disbursed within a few hours.


Eligibility Criteria to get Personal Loan of Rs 70,000

  • Applicants must be at least 21 years old but not exceed 60 years at the time of loan maturity.
  • A minimum net monthly income of Rs 15,000 for existing Axis Bank customers and Rs 25,000 for non-Axis Bank customers is required.
  • The loan is available only to salaried employees and practising doctors.
  • A CIBIL score between 720 and 750 is preferred.


Documents Required for Rs 70,000 Personal Loan

  • Last 3 Months Bank Statements
  • 3 latest Salary Slips with the 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 70,000 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 70,000 Personal Loan Fees & Charges

Fees and Charges to avail a loan for Rs 70,000

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 70,000 Personal Loan?

The processing time for a Rs 70,000 Personal Loan can range from a few hours to a few days. If your documents are in order, they can be arranged instantly through an online application. If not, you can visit the Axis Bank branch and speak to a branch manager.

Can I get a Personal Loan of Rs 70,000 without any collateral?

Yes, you can get a Personal Loan of Rs 70,000 without provide any collateral.

What credit score do I need for an instant Rs 70,000 loan?

The credit score requirement for an instant Rs 70,000 loan is 750 and above. A good credit score improves your chances of quick approval.

Can I avail Rs 70,000 loan without documents?

If you have a pre-approved loan from Axis Bank, you can get a loan without any documents. Ideally, basic documentation like KYC documents, ITR and bank statements are required to get a quick loan approval.

Can I avail Rs 70,000 loan without income proof?

Axis Bank requires some form of income proof for a Rs 70,000 loan. You can show your salary slips, ITR or your bank statements to prove your income.



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