Axis Bank Empower Home Loan Scheme

The Empower Home Loan is a specialised credit scheme exclusively designed for self-employed individuals. As you may be aware, securing any kind of credit approval can pose challenges for self-employed applicants. Moreover, if they get approved, it might also be contingent on unfavourable rates and terms. This is because lenders typically consider self-employed individuals as risky due to the irregular nature of their income.

However, dispel those concerns, as a rewarding and promising solution is available. Empower Home Loans at Axis Bank ensures that self-employed applicants enjoy lower interest rates, flexible repayment plans, zero prepayment charges, quick fund disbursal, and more. Additionally, you can avail of three guaranteed rate reductions on maintaining a good repayment record, further enriching the deal. Let's scroll down to learn more.

Axis Bank Empower Home Loan – Features and Benefits

Here are the features and benefits of an Empower Home Loan at Axis Bank:

• Exclusively for self-employer
• 3 Guaranteed rate reduction 
• No prepayment charges
• Easy documentation
• Quick fund disbursement 
• Personalised loan solutions 

Axis Bank Empower Home Loan Interest Rates

Here are the interest rates and other pertinent factors you should be aware of before initiating your loan application:

Axis Bank Empower Home Loan Fees and Charges

Here are the expected fees and charges of Empower Home Loans at Axis Bank:

Eligibility Criteria For Axis Bank Empower Home Loan

Here are the required eligibility criteria for the Empower Home Loans at Axis Bank:

• You must be a self-employed applicants  
• You must be a minimum of 21 years old and a maximum of 70 years old at loan maturity.
• You must have a good credit score and repayment history.
• You must be an Indian resident. 

Documents Required For Axis Bank Empower Home Loan

Here are the documents required to apply for the Empower Home Loans at Axis Bank:

• Proof of Identity: PAN Card, Aadhaar Card, Passport, or Driving License.
• Proof of Address: Electricity Bill, Gas Bill, Telephone Bill, or Voter ID.
• Proof of Income: 2-year ITR along with computation of income signed by CA, last 6-month bank statement for both personal and business accounts.

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