Axis Bank Home Loans - Application

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Updated on Written by Ramandeep Sadana, Credit Expert with over 10 years of experience
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Ambak Benefits

zero hidden charges
Zero Hidden Charges
hassle free and fast approval process
Hassle Free and Fast Approval Process
personalized loan assistance
Personalized Loan Assistance
exciting cashbacks
Exciting Cashbacks

Axis Home Loan EMI Calculator

Your EMI is going to be
₹43,075
%
Years

Principal Amount

₹50,00,000

Interest Amount

₹53,38,053

Total Amount Paid

₹1,03,38,053

Frequently Asked Questions About Axis Bank

Got questions about Axis Bank's process, EMI, interest rates and more? We got the answers

Q. Who is a co-applicant for Axis home loans?
Ans: 

A co-applicant is a co-owner of the property. Axis Bank requires all home loan applicants to have a co-applicant, who must be an immediate family member such as a spouse, parent, or sibling

Q. Can EMIs be waived off for Axis Bank Home Loan?
Ans: 

Yes, Axis Bank offers schemes like the Asha Home Loan and Shubh Aarambh Home Loan, where EMIs can be waived off for borrowers with a good repayment history, allowing up to 12 EMIs to be waived. 

Q. How long does it take for Axis Bank to sanction a home loan?
Ans: 

After submitting all required documents, Axis Bank typically sanctions home loans within five business days, depending on verification and approval processes.

Q. How can one improve their chances of getting Axis bank home loan applications approved?
Ans: 

Maintaining a high credit score is crucial for improving approval chances. Additionally, including an earning family member as a co-applicant can strengthen the application by pooling incomes and enhancing overall credit risk assessment.