Axis Bank Home Loan for Government Employees

Axis Bank government employees' home loan is an excellent financial opportunity for government employees. Offering competitive interest rates from 8.70% p.a., it ensures a quick turnaround. If everything goes right, you can even get the loan in just 2 working days! The loan amount of Axis Bank state employees' home loan offers up to 5 Cr. The bank also offers a comfortable repayment period of 360 months. But this is just the start you can learn everything about Axis Bank central government employee home loans in the following content. Let's begin! 

Axis Bank Government Employees home loan – Highlights

Below states are the key highlights of Axis Bank government staff home loan:

Comparison of Axis Bank Government Employees Home Loan With Other Lenders

The following comparison between Axis Bank state employees’ home loan rates with other lenders can help ease your process.

Remember, you can always use Urban Money’s Axis Bank home loan calculator to assess your monthly EMI. 

Axis Bank Government Employees Home Loan – Fees and Charges

Apart from the Axis Bank Government Employees home loan interest rate, borrowers are also required to pay;

• Processing Fee: 1% of the loan amount + GST
• Foreclosure Charges: N/A
• Late Payment Charges: N/A

Axis Bank Government Employees home loan – Documents Required

The necessary documents you need to avail of Axis Bank Government Employees home loan include:-

• Proof of Identity and Address: Aadhaar, PAN, Passport, Driving License, Voter ID 
• Proof of Employment: Salary slips, Form-16
• Bank Statements: Last 6 months
• Passport-sized Photographs

Axis Bank Government Employees home loan – Eligibility Criteria

The Axis Bank home loan eligibility for government employees depends on the following criteria:

• Min-Max Age:  21 yrs to 60 yrs
• Nationality: Indian
• Occupation:  Government Employee
• Employment Status: Salaried 
• Minimum Salary:  As per bank requirements
• ITR : Documents are mandatory for the previous year.
• Minimum Relationship with the Bank: At least 6 months.
• Active Bank Account: Regular transactions are required.