Axis Bank Loan Against Property

• 1% of the loan amount or 10,000 (whichever is higher) + GST.
• A non-refundable amount of 5,000 + GST will be collected upfront at the time of application login. The balance processing fee will be collected at the time of loan disbursement.

• 1% of the loan amount or 10,000 (whichever is higher) + GST.
• A non-refundable amount of 5,000 + GST will be collected upfront at the time of application login. The balance processing fee will be collected at the time of loan disbursement.

• 1% of the loan amount or 10,000 (whichever is higher) + GST.
• A non-refundable amount of 5,000 + GST will be collected upfront at the time of application login. The balance processing fee will be collected at the time of loan disbursement.

• For non-individual applicant: 3% (if the part payment amount exceeds 25% of the outstanding balance during a calendar quarter). Nil charges for part payment up to 25%.
• For individuals: Nil pre-payment/ foreclosure charges.

• For non-individual applicant: 3% (if the part payment amount exceeds 25% of the outstanding balance during a calendar quarter). Nil charges for part payment up to 25%.
• For individuals: Nil pre-payment/ foreclosure charges.

• Salaried: Above 24 years at the time of loan application and up to the age of superannuation.
• Self-employed Individuals/ Self-employed Professionals: Above 24 years at the time of loan application and up to 65 years at the time of loan maturity.

• 40% to 55% for loan against residential/ commercial property.
• 20% to 30% in case of purchase of commercial property.

• Salaried: Above 24 years at the time of loan application and up to the age of superannuation.
• Self-employed Individuals/ Self-employed Professionals: Above 24 years at the time of loan application and up to 65 years at the time of loan maturity.

• Salaried: Above 24 years at the time of loan application and up to the age of superannuation.
• Self-employed Individuals/ Self-employed Professionals: Above 24 years at the time of loan application and up to 65 years at the time of loan maturity.

• 40% to 55% for loan against residential/ commercial property
• 20% to 30% in case of purchase of commercial property

Any one of the following:

• Passport
• Aadhaar Card
• Driving License
• PAN Card
• Voter ID
• Government Employee ID
• Photo ID issued by Government

Any one of the following:

• Aadhaar Card
• Driving License
• Voter ID
• Government Employee ID
• Photo ID issued by Government
• Electricity/ GAS/ Telephone (Landline) Bill
• Property Tax Receipt

Any one of the following:

• Passport
• Aadhaar Card
• Driving License
• PAN Card
• SSC Marksheet
• Birth Certificate

Any one of the following:

• Passport
• PAN Card
• Banker's Verification
• Notarised affidavit with ID and Address proof (if applicable)

For Salaried (Indian Resident):

• 3 months salary slips
• 6 months salary slips/ 2 years bonus proof (for variable pay)
• 6 months bank statements showing salary credits
• 2 years Form 16/ employment continuity proof

For Salaried (NRI):

• 3 months salary slips
• Appointment letter/ contract letter
• Continuous Discharge Certificate (for shipping cases)
• 6 months Domestic NRO/NRE account statement
• 6 months international salary account statement
• Overseas credit report
• Copy of valid Visa/ OCI card
• Copy of valid Passport
• POA details

Self-employed:

• 2 years ITR, Computation of Income, Balance sheet, and P&L with seal and sign by CA
• Tax Audit Report (for Gross Turnover exceeding 1 Crore or Gross Receipts exceeding 25 Lakhs)
• 6 months bank statements for personal and business accounts
• CPC & tax paid challan (if ITR is not filed with digital sign)
• Business continuity proof for 5 years

• Loan account statement of 12 months with the latest outstanding letter
• Details of existing loan(s) and bank statement of 6 months from where EMI is being deducted

• Bank statement of 6 months where rent is credited
• Registered and valid lease agreements
• ITR, P&L, Balance Sheet, and Computation of Income of  2 years with CA's seal & sign
• 26 AS of 1 year
• Partnership deed, KYC, partnership authority letter, operative account, 2 years audited financials (for Partnership firm)

Partner / Partnership Firm

• List of Partners, Partnership Deed, NOC as per the format of Axis Bank
• Audited ITR with complete financials of Partnership firm
• Partnership authority letter on Firm's letterhead signed by all partners (if Firm is standing as guarantor)

Director of a Company

• For the company: 2 years' ITR, P&L, Computation of Income, Balance sheet with CA's seal & sign
• Tax Audit Report (if Gross Turnover is exceeding 1 Crore or Gross Receipts exceeding 25 Lakhs)
• Board Resolution (if the applicant is Company) as per the format of Axis Bank
• Certificate of Incorporation, MOA, and AOA
• DIN of all Directors and Board Resolution (if Company) as per the format of Axis Bank
• Latest Share Holding Pattern signed by Company secretary or List of Directors

• Completely filled & signed loan application form
• Latest passport size photographs of the applicant
• PAN Card is mandatory for financial applicants
• Processing Fee & CERSAI cheques
• All documents should be self-attested by the borrower
• Other documents to be submitted if applicable
  • Letter from the customer for opting for EMI (for partly disbursed case)
  • Vernacular or indemnity bond
  • Dual name or dual sign affidavit
  • Amenities agreement signed by third party/sellers
  • End use letter for LAP/ LAP top up cases

• Loan Agreement & Annexures
• NACH mandate/ Standing Instruction form & Security Cheques
• Loan Cover/ Insurance Details
• Processing fee/ Equitable mortgage cheques
• Property documents
• Own contribution receipts
• Sanction Letter
• TDS
• PSL documents