Axis Bank Personal Loan of 30000

Get in Touch for Personal Loan Expert Advice

Connect with our Personal Loan Advisor Now!

Personalized Personal Loan solutions
Expert guidance
Application assistance
Credit score discussion
Personal Loan Interest rate comparison

Full Name

+91Mobile No.

Choose City

You hereby consent to Urban Money being appointed as your authorised representative to receive your Credit Information from CIBIL for the purpose of Credit Risk Assessment. You hereby agree to terms and conditions.

Written By

Thejus KS

A mechanical engineer turned history buff with a sprinkle of financial brilliance. Thejus’s expertise comes with a unique blend of engineering precision, timelines, and the power of numerals. He knows that numbers are the pulse of our globe. Attention to detail and extensive research are the key elements of his writing.

Reviewed By

Piyush Bothra

Chief Financial Officer, Square Yards

Piyush Bothra is the Chief Financial Officer at Square Yards, bringing over two decades of rich experience in finance and leadership. He is an MBA graduate from the prestigious IIM Lucknow and holds a BE in Information Technology from Sardar Vallabhbhai Patel Institute of Technology. He has played pivotal roles in scaling businesses and driving financial strategies. At Square Yards since 2015, Piyush is known for his strategic vision, strong financial knowledge, and valuable financial insights, significantly contributing to the company's growth and success.

Axis Bank personal loan ₹30,000 is a multipurpose credit option. Whether for medical emergencies, education expenses, wedding costs, travel plans, or any other purpose, a personal loan can be a convenient option to finance your needs. It is also known as a collateral-free loan. I.e., you aren’t required to pledge any of your assets as collateral to secure the necessary funds. The bank ensures that eligible applicants can expect to receive the funds within 48 days, further enriching the overall appeal of this borrower-friendly personal finance. However, several aspects must be aware of before finalising your decision. These include the applicable ₹30,000 loan interest rate, eligibility criteria, required documentation, expected EMIs, and more. Continue scrolling to learn more.

₹30,000 Personal Loan Axis Bank – Highlights

Let’s take a look at the ₹30,000 loan interest rate and other key parameters with Axis Bank:

Interest Rates	10.49% p.a. onwards
Processing Fees	Up to 2% of the loan amount + GST
Loan Tenure	1 to 5 years
Eligibility	Both salaried and self-employed individuals

₹30,000 Personal Loan EMI for 5 Years

The following are the Axis Bank ₹30,000 personal loan EMI with an interest rate of 10.49% p.a.:

Loan Tenure	EMI Amount	Interest Payable	Total Amount Payable
1 year	₹ 2,644	₹1,728	₹31,728
2 years	₹ 1,391	₹3,384	₹33,384
3 years	₹ 975	₹5,100	₹35,100
4 years	₹768	₹6,864	₹36,864
5 years	₹ 645	₹8,700	₹38,700

Compare ₹30,000 Personal Loan From Other Banks & NBFCs

Here is the comparison of Axis Bank personal loan ₹30,000 with other banks and NBFCs across India.

Lender	Interest Rate (p.a.)	Processing Fee	Tenure
Axis Bank	10.49% onwards	Up to 2% of the loan amount	1 to 5 years
ICICI Bank	10.50% onwards	Up to 2.50% of the loan amount	1 to 6 years
HDFC Bank	10.50% onwards	Up to Rs 4999	1 to 5 years
IndusInd Bank	10.49% onwards	Up to 2.5% of the loan amount	1 to 5 years
Kotak Mahindra Bank	10.99% onwards	Up to 3% of the loan amount	1 to 5 years
State Bank of India	11.05% onwards	1% of the loan amount	1 to 6 years
Punjab National Bank	11.75% onwards	1% of the loan amount	1 to 6 years

₹30,000 Home Loan – Fees and Charges

Here are the fees and charges for an ₹30,000 personal loan instant:

Fee/Charge	Amount
Processing Fee	Up to 2% of the loan amount + taxes
Premature Closure Charges (For Full Payment)	Up to 5% of the outstanding loan amount + taxes
Delayed instalment payment charge	24% p.a., i.e. 2% per month on the overdue instalment
Repayment Mode Swap Charges	Rs 500/- Per Instance + taxes
Repayment instruction / Instrument return charges	Rs 339/- Per Instance of dishonour of cheque, SI, ECS, NACH debit instruction + GST
Amortisation Schedule Charges	Rs 250/- Per Instance + taxes
Stamp Duty & other statutory charges	As per applicable laws of the state

₹30,000 Home Loan – Documents Required

₹30,000 personal loan documents in Axis Bank are as follows:

Proof of Identity: PAN Card, Passport, Voter ID, or Driving License.
Proof of Address: Utility Bills, Passport, Driving License, or Aadhaar Card.
Proof of Income: Latest bank statement, salary slips, or income tax returns.
Additional Documents: Recent passport-size photograph.

₹30,000 Home Loan – Eligibility Criteria

₹30,000 personal loan eligibility in Axis Bank are as follows:

Age: Be between 21 and 60 years old.
Income: Have a minimum income of Rs.15,000 per month.
Credit Score: A good credit score of 700 or above is typically considered ideal.
Nationality: Be an Indian citizen.

Loans

Bank Wise Home Loan Eligibility Calculator

Frequently Asked Question (FAQs)

What is the Axis Bank monthly interest on ₹30,000 personal loan?

The interest rate for the Axis Bank personal loan ₹30,000 starts at just 10.49% per annum.

Can I get ₹30,000 personal loan from Axis Bank?

Yes, you can get the ₹30,000 personal loan from Axis Bank by applying through the official website of Urban Money.

How to get ₹30,000 loan without a salary slip in Axis Bank?

You may need to provide alternative documents like your bank statement, income tax returns, or any documents demonstrating a stable income sufficient to cover the loan EMI.

What is the CIBIL score for ₹30,000 personal loan for Axis Bank?

A CIBI score of 700 or higher is ideal for ₹30,000 personal loans from Axis Bank.