Axis Bank Home Loan in Purnea, Bihar

Fulfill your dream of buying a home with Axis Bank Home Loan, which offers home loans starting from Rs. 3,00,000. Axis Bank Home Loan comes with several benefits such as small EMIs where you can make your payments over a longer period, attractive interest rates, an easy application process, doorstep service, etc.

EMI Calculator

Loan Amount

₹

500000

No. of Months

months

Rate of Interest

Monthly EMI

₹

₹ 32,124.56

Total Interest

₹

10,622.78

Principal Amount

₹

500000

Payable Amount

₹

160,622.78

Pay No.	Begining Balance	EMI	Principal	Interest	Ending Balance
1	150000.00	32124.56	28637.06	3487.50	121362.94
2	121362.94	32124.56	29302.87	2821.69	92060.07
3	92060.07	32124.56	29984.16	2140.40	62075.91
4	62075.91	32124.56	30681.30	1443.26	31394.61
5	31394.61	32124.56	31394.64	729.92	-0.03

Axis Bank Home Loan Important Information

SBI Home Loan comes to you on a solid foundation of trust and transparency built in the tradition of SBI. It includes options for purchase of ready-made property, purchase of under-construction property, purchase of pre-owned homes, house construction, home extension and repair/renovation.

Home Loan products to suit every customers need

Low Interest Rates

Low Processing Fee

No Hidden Charges

No Prepayment Penalty

Interest charges on Daily Reducing Balance
Repayment up to 30 years
Home Loan Available as Overdraft
Interest Concession for Women Borrowers

Eligibility Criteria for Axis Bank Home Loan

Resident Type: Resident Indian

Minimum Age: 18 years

Maximum Age: 70 years

Loan Tenure: up to 30 years.

Documents Required for Axis Bank Home Loan

Employer Identity Card

Loan Application

3 Passport size photographs

Proof of Identity (Any one): PAN/ Passport/ Driver’s License/ Voter ID card

Proof of Residence/ Address (Any one): Recent copy of Telephone Bill/ Electricity Bill/Water Bill/ Piped Gas Bill or copy of Passport/ Driving License/ Aadhar Card

Property Papers

6 months Account Statement

3 months Salary Slip

IT returns for last 3 years

Fees & Charges for Axis Bank Home Loan

Processing Fees: Starts at 0.35% of the loan amount

Interest Rate: 6.80% p.a. onwards

Maximum Tenure: 30 years

FAQ for Axis Bank Home Loan

What is EBLR?

EBLR stands for External Benchmark Lending Rate. SBI has adopted the repo rate as the external benchmark for linking its floating rate home loans with effect from 01.10.2019.

Can existing borrowers take advantage of the new interest rate?

Yes, floating rate home loan borrowers with regular account conduct as on the date of switchover can be migrated to the new interest rate structure.

What are the charges for migrating to the new infrastructure?

One-time switch over fee of Rs.5000/- and tax is applicable.

What should be the language of the registration document?

The language of the registration document should be the same as that commonly/predominantly used in your district. As per section 19 of the Indian Registration Act, the registering officer or the registrar has the discretionary right to refuse the registration of your document if it is submitted in a language which is not commonly used in the district, unless Don't be with it Authentic translation of the language in use.

Purpose for Home Loan

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