Typically, when you apply for an Axis Finance home loan, the following steps given below need to be followed:

1. To begin, fill out a home loan application form online.
2. Upload necessary KYC, Financial, and Property documents
3. Undergo loan processing along with legal and technical verification
4. The bank will determine your loan eligibility and issue a sanction letter. It will include important details such as the sanctioned loan amount, interest rate, loan tenure, type of interest rate applicable, EMI payable, the validity of the sanction letter, special conditions (if any), and other terms and conditions.
5. Once you have submitted all the Axis Finance home loan required documents and a request for home loan disbursement, the bank will begin issuing your home loan disbursement cheque.

When you apply for an Axis Finance Home Loan there are a few documents that you need to submit. They are given below:

Axis Finance home loan provides the lowest interest rates available & flexible repayment options. Their customer-centric approach ensures personalized solutions, quick approvals, and expert guidance throughout your home-buying journey. They also offer a seamless ‘Digital’ experience that helps you apply for a home loan without any hassles.

Typically, Axis Finance Home loans take a maximum of 7-14 working days to get sanctioned.

If you apply for an Axis Finance home loan and want to get it approved quickly, you must have a minimum CIBIL score of 600 or above.

Generally, the maximum limit of an Axis Finance loan is Rs 10 Crore. The minimum home loan amount that Axis Finance provides is about Rs 30 Lakhs.

It is not required to have a co-applicant. However, you should have one while applying for an Axis Finance Home Loan because it enhances your home loan eligibility, shows the lender your creditworthiness, and increases your chances of improving terms and conditions.

The Axis Finance home loan interest rate will change depending on your home loan type. They are as given below:

1. Fixed Interest Rate: The interest rate remains constant throughout the loan tenure.
2. Floating Interest Rate: The interest rate is linked to a benchmark rate like the MCLR (Marginal Cost of Funds based Lending Rate) or the Repo Rate and can change during the loan’s tenure.

Possessing your returns for three financial years can help you quickly secure an Axis Finance Home Loan. However, you can get an Axis Finance Home loan despite not having income tax returns for three years. If you want to obtain a small loan and have a solid CIBIL score demonstrating your creditworthiness, you may meet the Axis Finance home loan eligibility criteria, making it easier to get approved.

Typically, after receiving sanction for an Axis Finance Home Loan, the loan should be disbursed in a maximum of 4-5 working days.