Axis Bank Personal Loan of 7 lakh

Looking for a personal loan online? Axis Bank personal loan of 7 lakh offers one of the most attractive choices with low-interest rates starting from 10.49% p.a. The flexible tenure ranging from 12 to 84 months, empowers its customers to make versatile financial decisions for diverse needs. Thus, borrowers can enjoy the benefits of tailoring their repayment schedule to navigate their financial journey with trust and ease. Learn about the features and benefits of an instant 7 lakh loan from Axis Bank and when the best time to apply for it is below. 

Axis Bank Personal Loan 7 Lakh – Highlights

Let’s just throw some light on the highlights of Axis Bank’s personal loan of 7 lakh:

Axis Bank 7 Lakh Personal Loan EMI for 1- 7 Years

By taking a look at the example below you can understand the distribution of 7 lakh personal loan EMI by Axis Bank:

Compare 7 Lakh Personal Loan from other Banks & NBFC.

The applicants need to evaluate and compare the interest rates of different banks and NBFCs before applying for a 7 lakh personal loan instantly. The table below shows a comparison of Axis Bank’s personal loan of 7 lakh and other providers’ loan interest rates for better evaluation:

Axis Bank Personal Loan 7 Lakh – Fees & Charges

You can check the additional fees charged by Axis Bank personal loan of 7 lakh from the following table:

7 Lakh Axis Bank Personal Loan – Documents Required

The points below show the significant 7 lakh personal loan documents required by Axis Bank to qualify for the process:

• Identity Proof – You need to submit proof of identity through passport, Voter ID, or Aadhaar Card 
• Address Proof– Submit the details of address verification through Rent Agreement or Utility Bills (For the past 3 months only)
• Income Proof– Salary slips of the last 2 months, Form 16 for salaried individuals; and Business income proof for self-employed individuals of the past 1 year.
• Bank Statements– The latest six months’ financial statements
• Others– Loan application form and signed agreement/ECS forms

Please note that the above documents list may vary, and further documents can be asked based on the type of loan and property you are applying for. 

7 Lakh Axis Bank Personal Loan – Eligibility Criteria

Know about the 7 lakh personal loan eligibility criteria by Axis Bank by checking the points below:

• Age – The applicant must be between 21 and 60 years old to qualify for the instant 7 lakh loan from Axis Bank. 
• Income – The minimum monthly income of the applicant to apply for a 7 Lakh Axis Bank Personal loan should be Rs. 15000.  
• Nationality – He/She must be an Indian resident. 
• Employment Status – He/She must have a 3 years working experience.