Axis Bank Home Loan Chennai – Interest Rates 2024, Documents, Apply
Axis Bank Home Loans in Chennai: Check Interest Rates, Eligibility, Loan Amount, Processing Fees, Minimum loan amount, documents list in Chennai. Axis Bank offers affordable and flexible housing loans that can turn your dream of owning a home into reality.
Axis Bank home loan branches in Chennai
- Address: 225, Anna Salai, opposite Spencers Plaza, Express Estate, Thousand Lights, Chennai, Tamil Nadu 600002
- Address: 82, Dr Radha Krishnan Salai, Mylapore, Chennai, Tamil Nadu 600004
- Address: Building No 142 to 144 Thiruvottriyur, High Ct Rd, Tondiarpet, Chennai, Tamil Nadu 600081
- Address: No 192, Ground Floor Kurumuthu Nilayam, Anna Salai, Chennai, Tamil Nadu 600002
- Address: 113, Gopathi Narayanaswami Chetty Rd, Satyamurthy Nagar, T. Nagar, Chennai, Tamil Nadu 600017
- Address: No 14, Mehta Avenue 1st Cross Street, Ormes Rd, Kilpauk, Chennai, Tamil Nadu 600010
- Address: Door No 31, Old No 14 South Mada, Mylapore, Tamil Nadu 600004
- Address: Door No 12, H 2035, H4 Street, 15th Main Rd, Anna Nagar, Chennai, Tamil Nadu 600040
Axis Bank Home Loan Interest Rates Feb 2024
For Salaried Individuals
| Type | Effective Rate of Interest |
|---|---|
| Floating Rate | 9.00% - 9.40% p.a. |
| Fixed Rate | 14% p.a. |
For Self Employed Individuals
| Type | Effective Rate of Interest |
|---|---|
| Floating Rate | 9.10% - 9.40% p.a. |
| Fixed Rate | 14% p.a. |
For Salaried Individuals
| Type | Effective Rate of Interest |
|---|---|
| Floating Rate | 10.50% - 12.85% p.a. |
For Self Employed Individuals
| Type | Effective Rate of Interest |
|---|---|
| Floating Rate | 12.00% - 13.30% p.a. |
Why to Choose Axis Bank Home Loans in Chennai
Axis Bank housing loans are designed for today’s home-hunter. Easy home loans are rich in features and offer a number of benefits.
-
- Attractive housing finance rates: We offer attractive interest rates that make your housing loans affordable and easier on your pocket every month.
- Flexible rates: Choose between fixed and floating rate options depending on which way you think interest rates are moving.
- Balance transfer facility: Not satisfied with your existing Home Loan provider? You can transfer your Home Loan to us without any hassles.
- Doorstep service: You don’t have to go the bank for Home Loans; the bank will come to your doorstep. Perfect for those leading busy lives.
- Nil prepayment charges* : Come into some money and want to pay off your housing loan early? You can do that at Axis Bank without worrying about prepayment charges.
Offers Available in Chennai:
- Happy Ending Home loan Schemes
- Special Balance Transfer Schemes
- Attractive interest rates on Home Loans to ease your monthly outgo
Axis Bank Home Loan Eligibility Criteria Chennai
Salaried individuals eligible for home loan
- Individuals in permanent service in the Government or reputed companies fall under the home loan eligibility criteria.
- Applicants should be above 21 years of age at the time of loan commencement and up to the age of 60 or superannuation, whichever is earlier at the time of loan maturity. You can check the amount you need to pay as EMI with the Home Loan EMI Calculator.
Professionals eligible for Axis home loan
- Professionals (i.e., doctors, engineers, dentists, architects, chartered accountants, cost accountants, company secretary, and management consultants only) meet the Axis Bank Home Loan eligibility criteria.
- Applicants above 21 years of age at the time of home loan commencement and up to 65 years or less at the time of home loan maturity meet our home loan eligibility criteria.
Home Loan documents required for Axis Bank
The following documents are required along with your home loan application:
| Purpose | Salaried | Others |
| Proof of identity | Voter’s ID card or driving license or PAN card or photo credit card or employees ID card or defense or police or government department ID card | Voter’s ID card or driving license or PAN card or photo credit card |
| Proof of income | Latest salary slip showing all deductions or Form 16 along with recent salary certificate | IT returns for the last 2 years and computation of income for the last 2 years certified by a CA |
| Proof of residence | Bank account statement or latest electricity bill / water bill / piped gas monthly bill or latest mobile or telephone bill or latest credit card statement or employers letter certifying the current mailing address or existing house lease agreement or registered lease or leave and licence agreement with a utility bill or ration card or latest property tax / water tax bill | Bank account statement or latest electricity bill / water bill / piped gas monthly bill or latest mobile or telephone bill or latest credit card statement or employers letter certifying the current mailing address or existing house lease agreement or registered lease or leave and licence agreement with a utility bill or ration card or latest property tax / water tax bill |
| Bank statement or Pass Book where salary or income is credited | Last 6 months | Last 6 months |
| Guarantor form | Optional | Optional |
About Chennai:
Chennai, on the Bay of Bengal in eastern India, is the capital of the state of Tamil Nadu. Chennai is located on the Coromandel Coast of the Bay of Bengal, and is the most prominent cultural, economic and educational centre of South India. Chennai is the headquarters of the Indian Bank, the Indian Overseas Bank and the erstwhile Bharat Overseas Bank, which merged with the Indian Overseas Bank in 2007.
Chennai has a diversified economic base anchored by the automobile, software services, hardware manufacturing, health care and financial services industries. According to the Confederation of Indian Industry, Chennai is estimated to grow to a US$100 billion economy, 2.5 times its present size, by 2025
