Axis Bank advertises a personal loan rate from 9.99% p.a. and can charge up to 22.00% for the same product. The advertised figure is a starting rate, not an offer.
The rate
| Advertised rate | Maximum rate | Terms | Processing fee |
|---|---|---|---|
| 9.99% | 22.00% | Up to 7 years | Up to 2% + GST |
Updated 17 Sep 2026 · Lender rate pages, checked individually
Axis Bank advertises from 9.99% and can charge up to 22.00% for this product — a range of 12.01%. Where you land inside that range is set by your credit score, your income type and your existing obligations, not by bargaining, so it is worth reading what actually moves a credit score before you apply rather than after.
The advertised figure is a floor. Any processing fee is quoted exclusive of tax, so add 18% GST to get what you actually pay — the full schedule sits on the Axis Bank personal loan fees and charges page, and the EMI calculator will tell you what the difference between 9.99% and 22.00% costs on the amount you have in mind.
How it compares
Joint cheapest of the 8 providers we track, level with HDFC Bank, ICICI Bank and IDFC First Bank at 9.99%. The whole board, bank by bank, is on our personal loan interest rates page.
Terms change without notice. Confirm the current figures with Axis Bank before you act.
Related reading
Axis Bank Personal Loan EMI
What an Axis Bank personal loan costs each month at both ends of the bank's published rate range.
17 Sep 2026 · 1 min
Axis Bank Personal Loan Fees and Charges
The processing fee as published, plus the 18% GST charged on top of it.
17 Sep 2026 · 2 min