Axis Bank Home Loan Interest Rates 2025

Axis Bank Home Loan Amount 

Up to INR 5 Crores

Axis Bank Housing Loan Interest Rate

8.75% p.a. - 9.15% p.a.

Loan Tenure

Up to 30 years

Processing Fees

Up to 1% of the home loan amount

Axis Bank Home Loan Interest Rates for Women 

8.75% is the concession rate given to women.

CIBIL Score

Salary

Self employed

751 + 

8.75% p.a.

9.10% p.a.

Home Loan Schemes

Special Feature

Loan Amount

Axis Bank Home Loan

For both Indian residents and NRIs, salaried as well as self-employed applicants. No prepayment charges. Option to choose from fixed and floating interest rates.

Up to Rs.5 crore

QuikPay Home Loan

Reducing Monthly Instalments (RMI) to save interest and pay off more towards the principal component.

Up to Rs.5 crore

Shubh Aarambh Home Loans

Get 12 EMIs off on regular repayments, i.e. 4 EMIs waived off at the end of 4th, 8th, and 12th year.

Rs.1 lakh up to Rs.30 lakh

Fast Forward Home Loan

Get 12 EMIs off on regular repayments, i.e. 6 EMIs at the end of 10th and 15th year.

Rs.30 lakh up to Rs.5 crore

Asha Home Loan

Affordable home loan for families with a minimum combined family income of Rs.8,000 per month

Rs.1 lakh up to Rs.35 lakh

Top-Up Home Loan

Get a top-up on the existing home loan or balance transfer from another bank for personal or business requirements

Rs.1 lakh up to Rs.50 lakh

Super Saver Home loan

This scheme comes with an overdraft facility to save total interest payable. Invest surplus funds in the account to earn interest and access it whenever required.20 years on fully-disbursed loans; 22 years on partially disbursed loans

Rs.1 lakh up to Rs.35 lakh

Power Advantage Home Loan

Interest for the first 2 years will be fixed. Later, the floating interest rate will be applicable.

Rs.5 crore

Pradhan Mantri Awas Yojana

Interest subsidy on home loans for economically weak sections, low-income groups and medium-income groups.

Subject to applicant’s eligibility

Banks 

Home Loan Interest Rates

State Bank of India 

8.50% p.a to 10.45% p.a

Axis Bank

8.75% p.a to 9.15% p.a

Bank of Baroda

From 8.4% p.a

Punjab National Bank

From 8.50% p.a

HDFC Bank Limited 

8.75% p.a to 9.40% p.a

ICICI Bank

from 9.25% p.a. 

Citi Bank

From 7.45% p.a

LIC Housing Finance

8.50% p.a. to 10.35% p.a.

Kotak Mahindra Bank

From 8.70% p.a.

Federal Bank

10.15% p.a. - 10.20% p.a.

Documents

Salaried Applicants

Self-Employed Applicants

Proof of Identity

Valid Passport/voter ID/driving license with photograph/PAN card/Aadhaar card.

Valid Passport/voter ID/driving license with photograph/PAN card/Aadhaar card.

Proof of Income

Last 3 months’ salary slip/certificate for a fixed salary/latest Form 16. Last 6 months bank statement/bank passbook of the salary account.

IT Returns for the last 2 years along with computation of income certified by CA. Last 6 months’ bank statement for an operative account; both personal and business.

Proof of Residence

Latest electricity bill/utility bill/gas bill/telephone bill (Not more than 2 months old)/Passport/Aadhar card/voter ID/driving license

Latest electricity bill/utility bill/gas bill/telephone bill (Not more than 2 months old)/Passport/Aadhar card/voter ID/driving license.

Description of Charges

Amount (Rs.)

Processing Fee

Up to 1% of the loan amount subject to a minimum of Rs.10,000

Penal Interest Rate

@24% per annum, i.e. 2% per month

Switching Fees (Base Rate/BPLR to MCLR)

When the effective rate is to be kept the same – No fees. When the effective rate is to be revised – 0.5% on outstanding principal; a minimum of Rs.10,000/-

Switching Fees (Floating Rate to Fixed Rate)

1% on the outstanding principal with a minimum of Rs.10,000/-

Switching Fees (Fixed Rate to Floating Rate)

2% on the outstanding principal amount

Switching Fees (Higher Floating Rate to Lower Floating Rate)

0.5% on outstanding principal with a minimum of Rs.10,000. The lower rate will be equal to the applicable carded interest rate only

Repayment Instruction/Cheque Return charges

Rs.500 per instance

Prepayment Charges for Floating-rate Loan

NIL

Prepayment Charges for Fixed-rate Loan

2% of the principal outstanding

Year

Interest Rates

2024

8.75% p.a. - 9.15% p.a.

2023

9.10% p.a. - 9.40% p.a.

2022

7.60% p.a. - 8.05% p.a.

2021

6.90% p.a.