Axis Bank Home Loan for Self Employed

Businesses are like strong pillars in our community, helping it grow and come up with new ideas. Axis Bank understands how important self-employed people are, like entrepreneurs and business owners. That's why they have a special home loan! This loan makes it easier for people who run their businesses to buy a home. With fair interest rates, flexible ways to pay back the loan, and a simple application process, Axis Bank is here to support self-employed individuals.

Axis bank home loan for self-employed- Highlights

Below states are the key highlights of the axis bank:

Comparison of Axis Bank home loan for self-employed With Other Lenders

The following comparison between Axis Bank home loans for self-employed with other lenders can help ease your process.

Remember, you can always use Urban Money’s axis bank home loan for the self-employed calculator to assess your monthly EMI. 

Axis Bank Home Loan for Self-Employed – Fees and Charges

Apart from the Axis Bank home loan for self-employed 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 home loan for self-employed – Documents Required

The necessary documents you need to avail of Axis Bank home loan for self-employed 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 home loan for self-employed – Eligibility Criteria

The Axis Bank home loan for self-employed depends on the following criteria:

• Min-Max Age:  23 yrs to 60 yrs
• Nationality: Indian
• Occupation:  Self Employee
• 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.