Personal Loan
Axis Bank Personal Loan Review 2026
Professionals needing quick personal finance
★★★★★4.2
Last updated: 15 December 2025Key Highlights
✓Loan amount from Rs 50,000 to Rs 50 lakh
✓Quick 24-hour processing
✓Flexible repayment up to 60 months
✓Balance transfer from other lenders
✓No collateral needed
Interest Rates & Fees
Rates & Charges
| Interest Rate (Min) | 10.49% p.a. |
| Interest Rate (Max) | 22% p.a. |
| Interest Rate Type | Fixed |
| Processing Fee | Up to 2% of loan amount |
| Prepayment Charges | 4% of outstanding principal |
| Foreclosure Charges | 4% of outstanding principal |
Loan Details
Loan Parameters
| Minimum Loan Amount | ₹50,000 |
| Maximum Loan Amount | ₹50 Lakh |
| Minimum Tenure | 12 months |
| Maximum Tenure | 60 months |
| EMI per Lakh | Rs 2,148 per lakh for 60 months at 10.49% |
| Disbursal Time | 24–48 hours |
Rating Breakdown
features
4.2/5
value
4/5
support
4.2/5
benefits
4.3/5
Pros & Cons
✓Pros
- ✔Loan up to Rs 50 lakh
- ✔Quick processing within 24 hours
- ✔Flexible tenure up to 60 months
- ✔Balance transfer facility available
✗Cons
- ✘Interest rates slightly higher starting at 10.49%
- ✘Processing fee up to 2%
- ✘Strict CIBIL requirements
Eligibility Criteria
- ●Age: 21 to 60 years
- ●Minimum net monthly income: Rs 15,000
- ●Minimum work experience: 1 year
- ●CIBIL score: 700+
Documents Required
- 📄PAN Card
- 📄Aadhaar Card or Passport
- 📄Latest 3 months salary slips
- 📄Last 6 months bank statements
- 📄Address proof
Frequently Asked Questions
Axis Bank Personal Loan offers interest rates ranging from 10.49% to 22% per annum (fixed rate). The actual rate depends on your credit profile, income, and existing relationship with Axis Bank.
The processing fee for Axis Bank Personal Loan is Up to 2% of loan amount. This is a one-time fee charged at the time of loan disbursement.
You can borrow up to ₹50 Lakh with Axis Bank Personal Loan. The minimum loan amount is ₹50,000.
Prepayment charges for Axis Bank Personal Loan: 4% of outstanding principal. Foreclosure charges: 4% of outstanding principal. Check with Axis Bank for the latest terms.
Axis Bank Personal Loan typically takes 24–48 hours for disbursal after application and document verification.
