Axis Bank offers personal loans up to ₹50 lakh, with interest rates starting from 9.99% p.a. As of June 2026. These loans provide quick access to funds for various needs, from medical emergencies to home renovations. A CIBIL score of 750 or higher is typically required to secure the most competitive rates.
| Parameter | Details |
|---|---|
| Loan Amount Range | ₹50,000 to ₹50 lakh (Source: Axis Bank, 2026) |
| Starting Interest Rate | 9.99% p.a. (effective ROI, June 2026) |
| Interest Rate Range | 9.5% – 21.55% p.a. (as of May 2026) |
| Loan Tenure Options | 12 to 84 months (up to 7 years) |
| Minimum Age for Applicant | 21 years |
| Maximum Age at Loan Maturity | 60 years |
| Citizenship Requirement | Indian Resident |
| Minimum Monthly Income (Axis Bank Customers) | ₹15,000 |
| Minimum Monthly Income (Non-Axis Bank Customers) | ₹25,000 |
| Minimum CIBIL Score | 750 or above |
| Processing Fee | Up to 2% of the loan amount (plus GST) |
| Foreclosure Charges | Up to 2% of the outstanding principal |
| Application Process | Online (Axis Bank website), Branch visit, Call centre |
| Approval Speed | Instant for pre-approved customers; a few working days for others |
| Customer Care (India) | 1860 419 5555, 1860 500 5555 |
| Customer Care (Outside India) | 022 – 6798 7700 |
| Available Locations | 65+ cities across India |
| Digital Personal Loan (Max Amount) | ₹25 lakh (24×7 Digital Personal Loans) |
| Education Loan (Max Amount) | ₹40 lakh (repayment up to 60 months) |
Axis Bank’s personal loans offer flexible repayment options and a streamlined digital application process, making them suitable for diverse financial requirements.
Axis Personal Loan Interest Rates 2026
Axis Bank personal loan interest rates start from 9.99% per annum as of June 2026. The effective rate of interest (ROI) is 4.65% over the 3-year MCLR. Rates vary based on the applicant’s CIBIL score, monthly income, and employment type.
| Metric | Value | Source |
|---|---|---|
| Starting Interest Rate (June 2026) | 9.99% p.a. | Axis Bank Official Website |
| Interest Rate Range (May 2026) | 9.5% – 21.55% p.a. | UrbanMoney |
| Effective ROI Basis | 4.65% over 3-year MCLR (effective 9.99% p.a.) | Axis Bank Official Website |
| Minimum Loan Amount | ₹50,000 | Axis Bank Official Website |
| Maximum Loan Amount (Digital) | ₹25 lakh | Axis Bank Official Website |
| Maximum Loan Amount (Physical Application) | ₹40 lakh | Axis Bank Official Website |
| Maximum Loan Amount (Overall) | ₹50 lakh | Axis Bank Official Website |
| Repayment Tenure Options | 12 to 84 months (1 to 7 years) | Axis Bank Official Website |
| Processing Fee | Up to 2% of the loan amount | Axis Bank |
| Foreclosure Charges | Up to 2% of the outstanding principal | Axis Bank |
| Minimum CIBIL Score for Best Rates | 750 or above | Axis Bank |
| Minimum Monthly Income (Axis Bank Customers) | ₹15,000 | Axis Bank Official Website |
| Minimum Monthly Income (Non-Axis Bank Customers) | ₹25,000 | Axis Bank Official Website |
| EMI for ₹10 lakh at 12% for 60 months | ₹22,244 (approx.) | ClearTax |
| EMI for ₹3 lakh at 15% for 5 years | ₹7,137 | Axis Bank |
The final interest rate offered by Axis Bank depends on your credit profile, income stability, and existing relationship with the bank. A higher CIBIL score and stable income generally lead to more favorable rates.
Axis Personal Loan Eligibility Criteria
Axis Bank sets specific eligibility criteria for personal loan applicants, ensuring responsible lending. As of 2026, applicants must be Indian citizens aged 21 to 60 years at loan maturity, with a minimum net monthly income of ₹15,000 for existing customers.
A CIBIL score of 750 or higher is for securing favourable interest rates and faster approvals. The bank offers loans up to ₹50 lakh with flexible tenures.
| Type/Category | Details | Key Feature |
|---|---|---|
| Age | Minimum 21 years | Applicant must be at least 21 years old at the time of application |
| Age | Maximum 60 years | Applicant’s age at loan maturity should not exceed 60 years or retirement age, whichever is earlier |
| Citizenship | Resident of India | Applicant must hold Indian citizenship |
| Employment Type | Salaried Individuals | Includes employees of private/public sector companies, salaried doctors, and government undertakings |
| Employment Type | Self-Employed Professionals | Includes doctors, chartered accountants, architects, traders, and entrepreneurs |
| Minimum Net Monthly Income (Axis Bank Customers) | ₹15,000 | Lower income requirement for existing Axis Bank customers with a salary account |
| Minimum Net Monthly Income (Non-Axis Bank Customers) | ₹25,000 | Higher income requirement for individuals who do not have an existing relationship with Axis Bank |
| Credit Score | 750 and above | A strong CIBIL score indicates disciplined repayment history and helps secure lower interest rates |
| Loan Amount | ₹50,000 to ₹50,00,000 | Higher loan potential is often backed by a steady income and good credit profile |
| Loan Tenure | 12 to 84 months | Flexible repayment options are available to suit individual financial comfort and budget |
Meeting these criteria the chances of quick approval and access to competitive personal loan interest rates from Axis Bank.
How Axis Personal Loan Works
Axis Bank Personal Loans offer funds from ₹50,000 up to ₹50 lakh, with interest rates starting at 9.99% p.a. (as of June 2026). These loans are designed for various financial needs, including weddings, medical emergencies, or home renovations. The bank provides a digital application process for quick approvals and fund disbursal.
- Loan Amount Range: Axis Bank offers personal loans from a minimum of ₹50,000 up to ₹50 lakh, catering to diverse financial requirements.
- Interest Rate Structure: Interest rates start at a competitive 9.99% p.a., based on a margin of 4.65% over the 3-year MCLR (as of June 2026).
- Flexible Repayment Tenure: Borrowers can choose repayment periods ranging from 12 months to 84 months (7 years), allowing for comfortable EMI management.
- Quick Processing: Pre-approved Axis Bank customers may receive funds within minutes, while other applications are typically processed within a few working days.
- Minimal Documentation: The application process requires minimal paperwork, streamlining the loan approval and disbursal.
- Eligibility Factors: Loan eligibility is influenced by factors such as the applicant’s CIBIL score (minimum 750), monthly income, and employment type.
- Income Requirements: Existing Axis Bank customers need a minimum net monthly income of ₹15,000, while non-Axis Bank customers require ₹25,000.
- Digital Application Journey: Axis Bank provides a fully digital application process, enabling applicants to apply online from anywhere in India.
This structured approach ensures that Axis Bank Personal Loans are accessible and adaptable to individual financial profiles and needs.
Axis Personal Loan Benefits
Axis Bank Personal Loans offer a digital application journey, providing quick access to funds for various financial needs. The bank provides flexible repayment tenures up to 84 months, allowing borrowers to manage their EMIs comfortably.
- Quick Approval: Axis Bank processes personal loan applications rapidly, with pre-approved loans disbursed in minutes and others within a few working days.
- Flexible Loan Amounts: Borrowers can access loan amounts ranging from ₹50,000 up to ₹50 lakh, catering to diverse financial requirements.
- Competitive Interest Rates: As of June 2026, interest rates start from 9.99% p.a., making IT an attractive option for eligible applicants.
- Minimal Documentation: The application process requires minimal paperwork, simplifying the borrowing experience for customers.
- Wide Accessibility: Axis Bank Personal Loans are available in 65 cities across India, ensuring broad reach for potential borrowers.
- Diverse Loan Purposes: Funds can be used for various needs, including weddings, travel, home renovation, medical emergencies, and higher education.
- Zero Balance Savings Account: Personal Loan customers can avail a zero balance savings account facility, adding value to their banking relationship.
These benefits Axis Bank’s focus on customer convenience and financial flexibility for personal loan applicants in India.
Axis Personal Loan Vs. Alternatives
Axis Bank offers personal loans starting at 9.99% p.a. As of June 2026, competitive with other major lenders like HDFC Bank and SBI. While Axis Bank provides a maximum loan amount of ₹50 lakh, other banks also offer flexible options based on applicant profiles.
| Feature | Axis Bank | HDFC Bank | SBI Bank |
|---|---|---|---|
| Starting Interest Rate (p.a.) | 9.99% (June 2026) | 9.99% (June 2026) | 8.75% to 9% (May 2026) |
| Maximum Loan Amount | ₹50 Lakh | Up to ₹40 Lakh | Up to ₹20 Lakh |
| Minimum CIBIL Score | 700+ | 700+ | 750+ |
| Minimum Age | 21 years | 21 years | 21 years |
| Maximum Age at Loan Maturity | 60 years | 60-65 years | 60-65 years |
| Minimum Monthly Income (Salaried) | ₹15,000 (Axis customers), ₹25,000 (non-Axis customers) | ₹25,000 | ₹15,000 |
| Processing Fees | Up to 2% of loan amount + GST | Up to 2.50% of loan amount + GST | Up to 1.50% of loan amount + GST |
| Foreclosure Charges | Up to 2% of outstanding principal | 2-4% of outstanding principal | 3% of outstanding principal |
Axis Bank’s personal loan offerings are comparable to other leading banks, with competitive interest rates and a high maximum loan amount. Applicants should compare specific rates and terms based on their individual credit profile and income.
Axis Personal Loan EMI Calculator
An Axis Bank Personal Loan EMI calculator helps estimate monthly payments for loan amounts up to ₹50 lakh. For example, a ₹3 lakh loan at 15% p.a. For 5 years results in an EMI of ₹7,137, with a total repayment of ₹428,219.
This tool considers the principal loan amount, interest rate, and repayment tenure. IT provides a clear breakdown of the total interest payable over the loan period.
| Loan Amount (₹) | Interest Rate (p.a.) | Tenure (Months) | Estimated EMI (₹) | Total Amount with Interest (₹) |
|---|---|---|---|---|
| 3,00,000 | 15.00% | 60 | 7,137 | 4,28,219 |
| 5,00,000 | 12.00% | 60 | 11,122 | 6,67,320 |
| 10,00,000 | 12.00% | 60 | 22,244 | 13,34,640 |
| 15,00,000 | 11.50% | 84 | 25,720 | 21,60,480 |
| 25,00,000 | 10.50% | 84 | 40,650 | 34,14,600 |
Documents for Axis Personal Loan
Applying for an Axis Bank Personal Loan in 2026 requires specific documents to verify identity, address, and income. This minimal paperwork ensures quick processing, with pre-approved applications often processed in minutes.
- Identity Proof: Submit a copy of your Aadhaar Card, Passport, PAN Card, Voter ID, or Driving License. These documents confirm your identity as an Indian citizen.
- Address Proof: Provide a copy of your Aadhaar Card, Passport, Driving License, Utility Bill (electricity, telephone, gas) not older than 2 months, or a Rent Agreement. This verifies your current residential address.
- Income Proof (Salaried Individuals): Include your latest 3 months’ salary slips and your latest Form 16 or Income Tax Returns (ITR). Axis Bank requires a minimum net monthly income of ₹15,000 for existing customers and ₹25,000 for new customers.
- Income Proof (Self-Employed Professionals): Submit your latest 2 years’ Income Tax Returns (ITR) with computation of income, latest 2 years’ Balance Sheet and Profit & Loss account, and business proof. Professionals like doctors or CAs may need to submit registration proof.
- Bank Statements: Furnish your bank statements for the last 3 months, showing salary credits or business transactions. This helps assess your financial stability and repayment capacity.
- Passport-sized Photographs: Two recent passport-sized photographs are typically required for the application form.
Gathering these documents in advance streamlines the application process for an Axis Bank Personal Loan, ensuring faster approval and disbursal.
Key Takeaways
- Axis Bank Personal Loans require identity, address, and income proof for processing in 2026.
- Salaried individuals need salary slips and Form 16, while self-employed individuals require ITR and business financials.
- Minimum monthly income requirements are ₹15,000 for existing Axis Bank customers and ₹25,000 for new customers.
To check your specific document requirements and apply, visit the official Axis Bank Personal Loan website or your nearest branch.
Frequently Asked Questions (FAQs)
What is the Axis personal loan interest rate in 2026?
As of June 2026, Axis Bank personal loan interest rates start from 9.99% per annum. These rates are typically offered to applicants with strong credit profiles and stable incomes. The final rate depends on your CIBIL score, loan amount, and tenure.
What is the minimum CIBIL score required for an Axis Bank personal loan?
Axis Bank generally prefers a CIBIL score of 750 or higher for personal loan applications. A strong CIBIL score helps you secure better interest rates and higher loan amounts. Applicants with scores below 700 may face stricter eligibility criteria or higher interest rates.
What is the maximum personal loan amount I can get from Axis Bank?
Axis Bank offers personal loans up to ₹50 lakh, subject to your eligibility and repayment capacity. The actual loan amount sanctioned depends on your net monthly income, existing financial obligations, and credit history. You can use Axis Bank’s eligibility calculator to estimate your potential loan amount.
What are the eligibility criteria for an Axis Bank personal loan in 2026?
To be eligible for an Axis Bank personal loan in 2026, you must be an Indian resident between 21 and 60 years old. Salaried individuals need a minimum net monthly income of ₹15,000 (for Axis Bank customers) or ₹25,000 (for non-Axis Bank customers). Self-employed individuals also have specific income and business vintage requirements.
How can I check my Axis Bank personal loan application status?
You can check your Axis Bank personal loan application status online via the bank’s website using your application reference number. Alternatively, you can call Axis Bank customer care at 1860 419 5555 or 1860 500 5555. Visiting a branch and speaking with an officer is also an option.
What documents are required to apply for an Axis Bank personal loan?
Key documents for an Axis Bank personal loan include identity proof (Aadhaar, PAN, Passport), address proof (utility bills, rent agreement), and income proof. Salaried applicants need salary slips for the last 3 months and bank statements for the last 6 months. Self-employed individuals require ITRs, business proof, and bank statements.
What are the processing fees for Axis Bank personal loans?
Axis Bank typically charges a processing fee of up to 2.50% of the loan amount, plus applicable GST, for personal loans. This fee is deducted from the sanctioned loan amount before disbursement. Always confirm the exact fee with the bank at the time of application.
Disclaimer: This article is general information, not financial advice. Interest rates, fees, and eligibility change frequently. Verify current details with the lender or regulator (RBI / SEBI / IRDAI) before deciding.