Axis Bank Personal Loan Interest rates in Baroda Vadodara

Please Find the Detailed Axis Bank Personal Loan Interest Rates

	Up To 30,000	30,000 To 50,000	50,000 To 75000	75000 Above
CAT A	15.75%	15.75%	15.75%	15.75%
CAT B	15.75%	15.75%	15.75%	15.75%
CAT C	15.75%	15.75%	15.75%	15.75%
Others	24.00%	24.00%	24.00%	24.00%
Super CAT A	15.75%	15.75%	15.75%	15.75%

Features of Axis Bank Personal Loan Baroda Vadodara

Type	Features
Processing Fee	1.50% to 2.00% + GST as applicable
Pre Closure Charges	Nil
Part Payment Charges	Nil
Min Tenure	1 Years
Max Tenure	5 Years
Min Age	21 Years
Max Age	60 Years
Min Loan Amount	Rs.50,000/-
Max Loan Amount	Rs.15,00,000/-

Axis Bank Personal Loan Baroda Vadodara Charges

Type	Charges
E M I Bounce Charges	Rs. 500 per Bounce+S.T
Duplicate Statement Charges	Rs 250 per Instance+G.S.T as applicable
Cheque Swapping Charges	Rs.500 per instance + GST as applicable
Issue Amortization Schedule Duplicate	Rs 250 per instance + GST as applicable
Photocopy Documents	Rs 250 per instance + GST as applicable
Default Interest Rate	@24.00% per annum i.e 2% per month on the overdue installment
C I B I L Report Issuance Charges	Rs. 50/- per instance per set+ GST as applicable

Documentation For Personal Loan

For Salaried Persons

Filled Application form
Identity Proof (PAN CARD)
Address Proof
Latest 3 months Payslips
Job Continuity Proof
2 Passport Size colour Photographs
Co-Applicant identity proof, Address Proof
Co-Applicant relationship Proof and Photograph
6 months Bank Statements
3 Post Dated Cheques/ECS Mandate
Property Related documents

For Self Employed/Professionals

Filled Application form
Identity Proof
Address Proof
Last 2 years Income Tax Returns
Professional/Self employed existence proof for more than 3 years
2 Passport Size colour Photographs
Co-Applicant identity proof, Address Proof
Co-Applicant relationship Proof and Photograph
6 months Bank Statements
3 Post Dated Cheques/ECS Mandate
Property Related documents

Identity Proof For Personal Loan

Passport
Driving License
PAN card
Photo credit card (with embossed Signature and last two months statement)
Banker's sign verification

Age Proof For Personal Loan

PAN Card
Passport
License
School leaving certificate
Voter card
Birth Certificate
LIC policy (only for age Proof)

Income Proof For Personal Loan

Latest salary slip
Current dated salary Certificate with latest form 16.
Latest year IT Returns with Tax Audit reports(For Self Employed applicants)

Address Proof For Personal Loan

Latest salary slip
Current dated salary Certificate with latest form 16.
Latest year IT Returns with Tax Audit reports(For Self Employed applicants)

Job Continuity Proof For Personal Loan

Form 16
Relieving letter
Appointment Letter (for last two months)
Last 6 months of VAT/Service Tax returns (For Self Employed Applicants)

Banking History For Personal Loan

Bank statements of latest 2 months
3 months bank passbook

Axis Bank Personal Loan FAQ's

What is the best way to apply for an Axis Bank Personal Loan?

You can start the process of applying for a Personal Loan in any of the following ways: • By applying Online with ApnaLoanBazaar, Click Here to Apply • In person at any Axis Bank Loan Center. • By calling Axis Bank Call Center at any of these toll free numbers: 1800 233 5577 or 1800 209 5577 or 1800 103 5577.

What is the turn around time (TAT) for decisioning a Personal Loan application?

Axis Bank will convey its decision within 5 working days from the date of receipt of the application provided the application is complete in all respects. The computation of 5 days shall starts from the day on which all documents required for a proper appraisal of the application are provided by the Customer to bank.

What is the minimum and maximum amount of Personal Loan that I can get?

"At Axis Bank, you can get a Personal Loan from Rs 50,000/- to Rs 15,00,000/-. Some of the the factors we consider when deciding a loan amount are: • Your requirement and eligibility • Your income • Your repayment capacity"

What is the tenure for which I can avail a Personal loan?

Axis Bank offers you a flexible tenure ranging from 12 to 60 months. For more features of Axis Bank Personal Loans, please click here.

Do I need to pay a fee to apply for an Axis Bank Personal Loan?

Yes, banks charge a non-refundable processing fee for every Personal Loan application. The processing charge to avail of an Axis Bank Personal Loan ranges between 1.5% to 2% of the loan amount plus service tax as applicable.

How do I keep track of my Axis Bank Personal Loan? For example, how do I get my statements, and repayment schedule?

"You may place request for Statement of Acccount or Repayment Schedule or Interest Certificate in either of the following ways: • By calling Axis Bank Call Center at any of these toll free numbers: 1800 233 5577 or 1800 209 5577 or 1800 103 5577. • By using your registered email id to write to Axis Bank at: loans@axisbank.com."

What are my different options for making my EMI payments? Is there a preferred one?

"You may repay your Personal Loan in any of the following three ways: • Standing Instruction (SI): This mode can be used if you have an existing savings, salary, or current account with Axis Bank. You may wish to open a savings account with Axis Bank to use this option. Your EMI amount will be debited automatically at the end of the monthly cycle from the Axis Bank account you specify. • Electronic Clearing Service (ECS): This mode can be used if you have a non-Axis Bank account and would like your EMIs to be debited automatically at the end of the monthly cycle from this account. • Post-Dated Cheques (PDCs) : You can submit post-dated EMI cheques from a non-Axis Bank account at your nearest Axis Bank Loan Center. A fresh set of PDCs will have to be submitted in a timely manner. Please note Post Dated Cheques will be collected non-ECS locations only. Axis Bank recommend that you opt for either the SI or ECS mode of payment as they are both faster and less prone to error than the use of PDCs."

Can I make part-prepayment towards my Axis Bank Personal Loan? Will any charge be applicable?

"Yes, you can make a part-prepayment towards your Personal Loan at your nearest Axis Bank Loan Center. *Currently, Axis Bank levies no charge for part prepayment."

How do I update my mobile number and the email address registered under my Personal Loan account?

"You may update your mobile number and email address in either of the following ways: • By calling any of Axis Bank toll free numbers: 1800 233 5577 or 1800 209 5577 or 1800 103 5577. • By using your registered email id to write to Axis Bank at: loans@axisbank.com "

How do I foreclose my Personal Loan? Will there be any charge for the foreclosure?

"Before we process a foreclosure, all outstanding dues must be cleared. So we request you to first check for and clear any remaining amount that may be payable towards your Personal Loan by requesting a foreclosure statement from your nearest Axis Bank Loan Center. Once all outstanding dues have been cleared, please submit a foreclosure request at the Loan Center, and we will begin processing your request. *Currently, Axis Bank levies no charge for pre-closure of a Personal Loan account.Before we process a foreclosure, all outstanding dues must be cleared. So we request you to first check for and clear any remaining amount that may be payable towards your Personal Loan by requesting a foreclosure statement from your nearest Axis Bank Loan Center. Once all outstanding dues have been cleared, please submit a foreclosure request at the Loan Center, and we will begin processing your request. "

About Axis Bank

Axis Bank Limited provides a suite of corporate and retail banking products. The Bank operates through four segments: Treasury, Retail Banking, Corporate/Wholesale Banking and Other Banking Business. Its Treasury operations include investments in sovereign and corporate debt, equity and mutual funds, trading operations, derivative trading and foreign exchange operations on the proprietary account and for customers.

Its Retail Banking constitutes lending to individuals/small businesses and activities include liability products, card services, Internet banking, mobile banking and financial advisory services among others. Its Corporate/Wholesale Banking includes corporate relationships not included under Retail Banking, corporate advisory services, placements and syndication, project appraisals, capital market related services and cash management services. Its Other Banking Business includes para banking activities, such as third-party product distribution and other banking transactions.

Axis Bank Highlights

'Best Loyalty Program of the year', 9th Loyalty Awards 2016

Best Security among Private Sector Banks in India by DSCI, 2015

'Best Audit Committee' by Asian Centre for Corporate Governance & Sustainability, 2015

Innovation in Social Pay-Aegis Graham Bell Awards 2015

Best Domestic Bank in India- Asiamoney Best Banks 2015

No. 1 Promising Banking Brand of 2015, ET Best Brands 2015

Personal Loan Can Be Used For Many Purposes Like Below

Higher Education

Marriage

Vacations

Festivals

Medical Emergency

Home Renovation

Consumer Goods

School Fees

Why to Avail Personal Loans?

Expert Advice

Best Practices for Personal Loan

Things not to do for Personal Loan

Factors that affect interest rates on Personal Loan

Banks charge a different rate of interest depending on a whole host of factors. The interest rate can broadly vary between 14 - 24%. We take you through three such individual details that can affect the rate of interest charged by the bank.

2) Nature of Employment:-:-
The nature of your job also plays a crucial role in determining the interest rate. Banks have different checks in place if you are a salaried individual vis-à-vis a self employed person. So if you are working with a reputed organization then banks will be able to extend a cheaper rate of interest. But if you are working with an organization that is not very well known then a higher rate will be charged. In case you have your own business then banks will give you a loan even if you are in an advanced age. On the other hand in case you are a salaried employee then a loan will not be extended if you are nearing the age of retirement.

3) Bank-Customer relationship:-:-
If you approach the bank where you already have a bank account and you are a valued customer then banks may give you certain leeway. This mean you can negotiate with the bank for a cheaper interest rate. Most banks agree to give a concession of 0.5-1% on the interest rate. So next time you go around shopping for a personal loan, remember that these three points will affect the amount that the bank sanctions and the interest rate that it is levied. In the next article we will cover more points that affect interest rates on personal loan. So stay tuned!

Personal Loan Advantages and Disadvantages

Personal Loan Advantages:

Personal Loans Disadvantages:

10 Things to Keep in Mind While Taking a Personal Loan

Personal Loans Precautions

1. Clear Identification of purpose and planned Budget:

One should have a clear identification of purpose of availing personal loan. Never opt for a personal loan only just because you can. Going for personal loan is a wise decision only in case of emergency and where the purpose is unavoidable. Apart from the purpose one has to also plan and budget the total requirement well in advance before applying for a personal loan.
Borrowing more than what is required leads to unnecessary debt. In certain instances borrowing far less than required amount may result in not serving the purpose. Therefore one has to make complete budget of the purpose and plan his / her borrowings accordingly. It is always to be noted that money one's spent is lost forever and unnecessary debt can lead to financial stress.

2. Understand the need Vs personal Loan:

Before opting for a personal loan one has make cost – benefit analysis of various kind of other loans which customer can get in the market. In case of emergency and unavoidable situations you can go for personal loan but where the purpose is to improve the life – like buying a fuel efficient car customer has to analyze the cost and benefits involved in the long run. In this scenario it is to be understood that in long run the benefits from purchase of new fuel efficient car should be greater than the interest charges and other costs involved in availing personal loan.

3. Check for Better rate:

Before availing a personal loan from any particular Bank/ NBFC customer has to compare interest payable and other charges to know the best annual percentage rates available in the market. Though the customer has a pre approved personal loan at a concessional rate with a particular Bank, he/ she might get the loan at a comparatively still lower rates with others. Therefore it is always better to check with 3-4 Banks before making the mindset to proceed with any one in particular. ApnaLoanBazaar will always provide the industry best rates, which are available in the Indian market. Check for Personal Loan Interest rates with ApnaLoanbazaar

Also the repayment tenure is other point to be noted before taking a loan. Eg: Some Bank's may offer maximum repayment tenor of 36 months whereas some others may offer maximum up to 60 months. Customer has to decide the repayments based on his income in consideration of his / her other obligations.

4. Credit scoring & Eligibility Criteria:

Personal loans best feature is collateral free and quick loan process, Hence Bank/NBFC will carefully analysis of your credit history. Customers with good credit history score will have high bargaining power. Customers with moderate / Low credit history may end up taking loans at higher rate of interest and Banks will have advantage of it. Customers have to ensure that they do not have any overdue while going for a personal loan. It is advisable to clear the credit card outstanding and other loan overdue before going for a personal loan as it improves credit worthiness. It is to be noted that not only income of the customer but Leverage is considered for arriving the limits. Generally Bank/NBFC prefer the credit score is above 730 for funding the personal Loan.

ApnaLoanBazaar will help you to know your CIBIL(Credit) Score: Know your Credit Score here

5. Plan the repayment from the regular:

Customer has to be aware of repayment tenor, monthly repayment date, mode of payment and installment amount. Repayment tenor to be planned based on the income and obligations. Over burden of EMI may result in delay and sometimes even default of the loan amount. Customer shall not forget the repayment date and maintain sufficient balances in the account for meeting the EMIs. Payment of EMIs by way of ECS through account is preferable to avoid unintentional delays. Even online payment from account is a suggestible mode of payment. In case of salaried employees it is better to opt the monthly repayment date to be within first week of the month. In case of entrepreneurs/ Businessmen the EMIs are to be planned from their regular income than depending on some other futuristic/speculative sources.

6. Terms & Conditions:

All the terms and conditions to be read carefully, before sign the loan agreement. Terms in smaller font to be observe carefully. Payment terms to be noted and have to maintain sufficient balance in the account for meeting the EMIs. Check the correctness of the updated personal details. Mobile alerts, Email alerts will remind the due date of payment and confirm the receipt of amount. In his/ her busy schedule customer may forget the due date whereas these alerts will remind them and help in making the payments on time.

Other Important Points to be noted:

About Baroda Vadodara

Baroda is also known as Vadodara the Cultural Capital of Gujarat, is the third largest city in the Western Indian State of Gujarat, after Ahmedabad and Surat. and is located on the banks of the Vishwamitri river.

Baroda State has a rich historical background. The ardent historian can trace Baroda’s history over 2000 years and more. The first noted history of the city was of the early trader settlers who settled in the region in 812 A.D. The province was mainly Hindu-dominated with Hindu kings ruling till the year 1297.

The Gupta Dynasty was the first power rulers of the region. After fierce battles, the region was taken over by the Chalukya Dynasty. Finally, the kingdom was annexed by the Solankis. By this time the Muslim rule had spread across India, and the reins of power were then snatched by the Delhi Sultans. The city was ruled for a long time by these Sultans, until they were easily overthrown by the grand Mughal emperors.

The Mughals biggest problem were the mighty Marathas who slowly but eventually took over the region. It became the capital of the Maratha Gaekwads. Sayaji Rao III was the most able ruler of them, and he made many public and bureaucratic implementations in the region. The British had a major influence on the region but Vadodara remained a princely state till Independence and like all other princely states, Vadodara also joined the Republic of India in 1947.

Top Cities Loan Offers

Hyderabad Loans

Bangalore Loans

Chennai Loans

Delhi Loans

Ahmedabad Loans

Kochi Loans

Ludhiana Loans

Surat Loans

Pune Loans

Nagpur Loans

Jaipur Loans

Chandigarh Loans

Mumbai Loans

Kolkata Loans

Coimbatore Loans

Other Cities Loan Offers

Ahmedabad Loans

Surat Loans

Bhavnagar Loans

Anand Loans

Jamnagar Loans

Rajkot Loans

Places To Be Visited In Baroda Vadodara

Laxmi Vilas Place

The former residence of the erstwhile royal family, this grand palace was commissioned by Sayajirao Gaekwad III in 1890, and designed by British architects Major Charles Mant and RF Chisolm. Tickets include a free audio guide—essential to get a historical background of the palace's rich architectural and artistic heritage. Designed in the Indo-Saracenic style, Laxmi Vilas blends Hindu, Islamic and European elements. The highlights include the grand Durbar Hall, which has a Venetian mosaic floor, Belgian stained glass windows and Italian sculptures, and an art museum. Dotted with sculptures, the palace's sprawling grounds are home to the Gaekwad Baroda Golf Club and a miniature railway line. There's also a pretty baoli or step-well, located at a distance of 50 metres from the palace.

Champaner-Pavagadh Archaeological Park

Located 47 kilometres away from Baroda, this UNESCO World Heritage Site consists of the historical cities of Champaner and Pavagadh. The site's star attractions are its beautiful mosques of which unquestionably the most striking is the massive Jama Masjid. Also strewn about are remnants of several palaces, fortifications, gateways, cemeteries, step wells and water tanks, all built between the 8th and 14th centuries. Nearby, the Pavagadh hill has an ancient fort, the medieval Hindu Lakulisha temple, the tiny but popular Kali Mata temple and a few Jain shrines. Make sure you take the cable car to the top for views and thrills.

Maharaja Sayajirao University Of Baroda

Long known as the centre of learning for fine arts, this reputed university traces its origins to the Baroda College, which was founded by the city's rulers in 1881. Its campus has several historic buildings, and small museums of archaeology, botany, musical instruments and geology. For instance, the Premanand Hall in the Arts Faculty is built in the Indo-Saracenic style and boasts of a massive dome that rises to a height of 144 feet. Other heritage structures include Kalabhavan, White House, DN Hall and the Science Observatory. Check out the archaeology department's museum, which has several Buddhist relics sourced from the Buddhist site of Dev Ni Mori in the northern part Gujarat.

Maharaja Fateh Singh Museum

Established in 1961, this museum located inside the Lakshmi Vilas Palace displays paintings from the collection of the Gaekwad family. Its star attractions include paintings by European artists such as Raphael, Titian, Rembrandt, and portraits by the 19th century Indian artist Raja Ravi Verma. There are also sections dedicated to the Rococo period, Chinese and Japanese porcelain objects. Don't miss the toy train which was gifted by Pratapsinhrao Gaekwad to his son Ranjitsinh Gaekwad.

Sayaji Baug

In the heart of the city and on the banks of the Vishwamitri River, this green space encloses the Vadodara Museum and Picture Gallery, the History of Health Museum, a zoo, a planetarium, and a toy train. Originally named after Sayajirao III who got it built in 1879, the park is commonly referred to as Kamati Baug. You'll need a few hours to explore the entire sprawl spread over no less than 45 acres.

Tambekar Wada

This four-storey wooden mansion was the residence of Bhau Tambekar, the Diwan of Baroda(1849-54) and draws visitors for its beautiful wall murals. These feature the Hindu god Krishna, scenes from the epic Mahabharata, the Anglo-Maratha war, and European subjects.

Personal Loan + Personal Loan +

Personal Loan +

Personal Loan +

Personal Loan Offers

Check Your Personal Loan Eligibility

Personal Loan EMI Calculator

Home Loan + Home Loan +

Home Loan +

Home Loan +

Home Loan Offers

Check Your Home Loan Eligibility

Home Loan EMI Calculator

Business Loan + Business Loan +

Business Loan +

Business Loan +

Business Loan Offers

Check Your Business Loan Eligibility

Business Loan EMI Calculator

Mortgage Loan + Mortgage Loan +

Mortgage Loan +

Mortgage Loan +

Mortgage Loan Offers

Check Your Mortgage Loan Eligibility

Mortgage Loan EMI Calculator

Doctor Loan + Doctor Loan +

Doctor Loan +

Doctor Loan +

Doctor Loan Offers

Check Your Doctor Loan Eligibility

Doctor Loan EMI Calculator

Credit Card + Credit Card +

Credit Card +

Credit Card +

Credit Card Offers

Apply For a Credit Card

Educational Loan + Educational Loan +

Educational Loan +

Educational Loan +

Educational Loan Offers

Check Your Educational Loan Eligibility

Educational Loan EMI Calculator

Basic Financial Tools + Basic Financial Tools +

Basic Financial Tools +

Basic Financial Tools +

Home Loan Balance Transfer

Mortgage Loan Balance Transfer

Fixed Deposit Balance Transfer

Resources + Resources +

Resources +

Resources +

Ask Our Community

Blog

IFSC Finder

Loan FAQs

Apna Loan Bazaar + Apna Loan Bazaar +

Apna Loan Bazaar +

Apna Loan Bazaar +

About us

Branches

Privacy Policy

Terms and Conditions

Join Our Team

Axis Bank Personal Loan in Baroda Vadodara

Axis Bank Personal Loan Interest rates in Baroda Vadodara

Features of Axis Bank Personal Loan Baroda Vadodara

Axis Bank Personal Loan Baroda Vadodara Charges

Documentation For Personal Loan

For Salaried Persons

For Self Employed/Professionals

Identity Proof For Personal Loan

Age Proof For Personal Loan

Income Proof For Personal Loan

Address Proof For Personal Loan

Job Continuity Proof For Personal Loan

Banking History For Personal Loan

Axis Bank Personal Loan FAQ's

What is the best way to apply for an Axis Bank Personal Loan?

What is the turn around time (TAT) for decisioning a Personal Loan application?

What is the minimum and maximum amount of Personal Loan that I can get?

What is the tenure for which I can avail a Personal loan?

Personal Loan +

Personal Loan +

Home Loan +

Home Loan +

Business Loan +

Business Loan +

Mortgage Loan +

Mortgage Loan +

Doctor Loan +

Doctor Loan +

Credit Card +

Credit Card +

Educational Loan +

Educational Loan +

Basic Financial Tools +

Basic Financial Tools +

Resources +

Resources +

Apna Loan Bazaar +

Apna Loan Bazaar +