Axis Bank Home Loan for Women & Housewife

Are you a woman who dreams of owning a home of your own? Do you want to enjoy the comfort and security of having a place to call your own? Do you want to take advantage of the best home loan offers on the market? If yes, then Axis Bank Home Loan for Women is the perfect choice for you!

Axis Bank Home Loan for Women is a special product that caters to the needs and aspirations of women borrowers. You can obtain this loan with flexible repayment options and attractive interest rates whether you are a working woman or a stay-at-home mum. You can also avail benefits such as balance transfers, top-ups, overdrafts, and EMI waivers. Available for both resident and non-resident Indian women, with Axis Bank Home Loan for Women, you can fulfil your dream of owning a home with no trouble at all. 

By owning a home, you can assert your independence, dignity, and identity as a woman. You can also contribute to the economic and social development of your family and community. So, what are you waiting for? Apply for Axis Bank Home Loan for Housewives / Women today and make your dream come true!

Axis Bank Home Loan for Housewives / Women – Highlights 

Here are some of the key highlights of the Axis Bank Home Loan for Women:

Axis Bank Home Loan Benefits for Women

The general home loan benefits for women are as follows:

• Lower interest rates for women borrowers
• Higher loan eligibility and lower EMI
• Tax benefits under Section 80C and Section 24 of the Income Tax Act
• Co-applicant option for spouse or family members
• Special schemes and offers for women customers

Axis Bank Home Loan for Women – Fees and Charges

Apart from the processing fee, some of the other fees and charges applicable for the Axis Bank Home Loan for Women are:

• Prepayment charges: Nil for floating rate loans, 2% of outstanding principal for fixed rate loans
• Foreclosure charges: Nil for floating rate loans, 2% of outstanding principal for fixed rate loans
• Penal interest: 2% per month on overdue amount

Axis Bank Home Loan for Housewives / Women – Documents Required

The documents required for an Axis Bank Home Loan for Women vary depending on the employment status and the type of property. Some of the common documents are:

• Identity proof
• Address proof
• Income proof
• Bank statements
• Property documents
• Photographs

Axis Bank Home Loan for Housewives / Women – Eligibility Criteria

The eligibility criteria for the Axis Bank Home Loan for Housewives / Women depend on factors such as age, income, credit score, property value, and loan amount. Some of the basic criteria are:

• Minimum age: 21 years
• Maximum age: 60 years for salaried, 65 years for self-employed
• Minimum income: Rs. 8,000 per month

Types of Axis Bank Home Loan for Women

Axis Bank offers various types of home loan products for women to suit their diverse needs and preferences. Some of the popular types of Axis Bank Home Loan for Women are:

• Shubh Aarambh Home Loan: This is a special home loan product that gives you 12 EMIs off if you pay your EMIs regularly. You get 4 EMIs waived at the end of every 4th, 8th and 12th year. This helps you save on interest and repay your loan faster. You can get up to Rs. 30 lakhs for this loan, and the maximum tenure is 30 years. There are no hidden charges or penalties for this loan. 
• Fast Forward Home Loan: This is another home loan product that gives you 12 EMIs off if you pay your EMIs regularly. You get 6 EMIs waived at the end of 10th and 15th years. This also helps you save on interest and close your loan quicker. You can get from Rs. 30 lakhs to Rs. 5 crore for this loan, and the maximum tenure is 30 years. There are no hidden charges or penalties for this loan. 
• Asha Home Loan: This is a low-cost home loan product for both salaried and self-employed women. You can get this loan on a minimum combined family income of Rs. 8,000 per month. You can get from Rs. 1 lakh to Rs. 35 lakh for this loan, and the maximum tenure is 30 years. You can use this loan for buying, building, or improving a house or flat. 
• Top-Up Home Loan: This is a home loan product that gives you extra funds on the same property for personal or business needs. You can get this loan if you are an existing home loan customer or if you transfer your home loan from another bank. You can get up to Rs. 50 lakhs for this loan, and the tenure is the same as your existing home loan tenure. The interest rate is slightly higher than the regular home loan rate. 
• Super Saver Home Loan: This is a home loan product that comes with an overdraft account to reduce the total interest payable on the home loan. You can deposit your surplus money in the account and earn interest on it. You can also withdraw the money whenever you want. You can get from Rs. 10 lakhs to Rs. 5 crore for this loan, and the maximum tenure is 20 years for fully disbursed cases and 22 years for partly disbursed cases. 
• QuikPay Home Loan: This is a home loan product that offers decreasing monthly installments. The principal part of the EMI stays the same, while the interest part reduces every month. This leads to lower interest payments and faster loan repayment. You can get up to Rs. 5 crore for this loan, and the maximum tenure is 30 years. 
• 24×7 Home Loan Top Up: This is a home loan product that offers instant money to existing home loan customers. It is a paperless and convenient offering that can be accessed online anytime and anywhere. You can get from Rs. 1 lakh to Rs. 25 lakh for this loan, and the maximum tenure is 15 years. There are no charges for closing or prepaying this loan.