5 Crore Home Loan Axis Bank

Axis Bank offers Home Loans of up to 5 Crores to help you purchase your dream home. With the Axis Bank 5 Crore Home Loan, you can enjoy many benefits, including the choice of interest rate type, a transparent online application process, and the option to transfer your existing home loan balance to Axis Bank. The bank also offers unique products like the Axis Bank Fast Forward Home Loan, which rewards you with a concession of 12 EMIs on regular payments on long-tenure loans (minimum 20 years). Plus, the Super Saver Home Loan allows you to invest surplus funds to earn interest, helping you offset your home loan's interest charges. Therefore, Axis Bank Home Loan is one of the most affordable Home Loans on the market and one of the most flexible ones.

5 Crore Home Loan Axis Bank – Highlights 

5 Crore home loan EMI for 10 years Axis Bank

The 5 Crore loan EMI calculator of Axis Bank can give you an exact estimate of your monthly EMI based on your home loan interest rate. Here are some calculations of a 5 Crore home loan EMI for 10 years in Axis Bank at different interest rates.

5 Crore home loan EMI for 20 years Axis Bank

Axis Bank offers different interest rates based on the applicant’s profession. Here are general projections of a 5 Crore home loan EMI for 20 years in Axis Bank calculated at 8.70% and 9.10% interest rates.

5 Crore Axis Bank home loan – Fees and Charges 

5 Crore Axis Bank home loan – Documents Required 

1. Application Form and PAN Card (mandatory)
2. Aadhar Card (mandatory only for applicants applying for PMAY subsidy)
3. Proof of identity, address, DOB and Signature
4. Proof of Income

• Salaried Applicant: 3 months salary slips and 6 Bank Statement

1. Self-Employed and Business Owners: 2 years ITR and P&L sheet of business
2. Previous Loan Documents, NOC, etc
3. Property Insurance form (mandatory)
4. Documents of Property/Plot Purchase or Lease Documents

Besides the listed documents, the bank may require additional ones for verification of applicant eligibility.

5 Crore Axis Bank home loan – Eligibility Criteria

The criteria for 5 Crore home loan eligibility in Axis Bank is highly flexible, offering accessibility to more borrowers.

For Salaried Individuals

• Minimum age: Over 21 years of age at the start of the loan. 
• Maximum age: Under 60 years at the time of loan maturity or time of retirement.
• Professional background: State/Central Government Employee or Private Company/Firm Employee

For Professionals

• Minimum age: Over 21 years of age at the start of the loan. 
• Maximum age: Under 65 years at the time of loan maturity.
• Professional background: Qualified professionals with a related education degree to work in that field.

For Self-Employed Individuals

• Minimum age: Over 21 years of age at the start of the loan.
• Maximum age: Under 65 years at the time of loan maturity.
• Professional background: Any professional