Axis Super Save Home Loan Scheme

The Axis Bank Super Saver Home Loan is a distinctive financing option. It allows you to minimise the total interest payable on your home loan by offering an overdraft facility. After fund disbursal, any amount deposited into your Super Saving Account shall reduce the principal outstanding. Thus, when the bank assesses the interest you may pay, they consider the outstanding loan amount minus any excess funds you deposited in the applicable account. You can also withdraw the funds from your Super Saver account whenever you need them, subject to the availability of the balance. Moreover, the bank ensures that eligible candidates can avail attractive interest rates, encounter moderate eligibility criteria, undergo minimal documentation, experience quick fund disbursal, and more. Refer to the information provided below for a clear understanding.

Axis Super Save Home Loan – Features and Benefits

Axis Bank Super Saver Home Loan features and benefits are as follows:

  • Floating interest rates are applicable 
  • No prepayment charges
  • Minimum loan amount ₹10 lakh
  • Easy documentation
  • Balance transfer facility
  • Doorstep service 
  • Quick fund disbursement 

Axis Super Save Home Loan Interest Rates

Examine the interest rates and other key factors before initiating your loan application:

                                                                      Highlights
Interest Rates 8.70% p.a. onwards
Loan Amount Up to 90% of the property value 
Loan Tenure Up to 22 years 
Eligibility Both salaried and self-employed individuals are eligible

Axis Super Save Home Loan Fees and Charges

Below are the fees and charges of Axis Bank Fast Forward Home Loan:

Fee/Charge Amount
Processing fee Up to 1% of the loan amount 
Log in fee ₹10,000
Late payment charges 24% p.a. on the overdue instalment(s)
Prepayment charges for floating rate Nil
Prepayment charges for fixed rate loan 2% on the amount prepaid
Cheque return/repayment instruction ₹500 /- per instance
Duplicate statement issuance charges ₹250 /- per instance
Issuance charges for Photocopy of title documents ₹500 / – per document set
Cheque / Instrument swap charges ₹500 /- per instance
Equitable mortgage creation charges As applicable in the state
Stamp duty & other statutory charges  As per applicable laws of the state

Axis Super Save Home Loan – Eligibility Criteria

Following are the required eligibility criteria for the Axis Bank Super Saver Home Loan:

  • You must be between 18 and 60 years old; self-employed applicants may extend up to 65 years old.
  • You must apply for a minimum of ₹10 lakh, as the Axis Bank Super Saver Home Loan minimum amount.
  • You must have a stable and regular source of income to cover the loan repayment.
  • You must have a good credit score and repayment history.
  • You must be an Indian citizen.

Axis Super Save Home Loan – Documents Required

Following are the required documentation for the Axis Bank Super Saver Home Loan:

  • Proof of Identity: PAN Card (Mandatory), Aadhaar Card, Passport, or Driving License.
  • Proof of Address: Electricity Bill, Gas Bill, Telephone Bill, Property Tax Receipt, or Voter ID.
  • Proof of Income: Salaried applicants need to submit 3 months’ salary slips, 6 months’ bank statements, and 2 years’ Form 16 (or employment continuity form). Self-employed applicants should provide business proof, including a 2-year ITR, P&L, balance sheet signed by a CA, and 6-month bank statements for both personal and business accounts.

Other Home Loan Schemes by Axis Bank

Asha Home Loan Scheme Fast Forward Home Loan Scheme
Empower Home Loan Scheme