AXIS BANK HOME LOAN : Power Home – Floating Rate

AXIS BANK  HOME LOAN  -  Power Home –Floating

 10.75 % p.a.*(BRI +0.75%) Upto 30 Lacs                                                    

 11 % p.a.*(BRI +1%) Above 30 Lac & Below 75 Lacs

 11.25 % p.a.*(BRI + 1.25 %) Above 75 Lacs

1      NO CHARGES FOR ANY PART PAYMENT & PRECLOSURE

2      Base Rate Index at 10%

3      CO APPLICANT MANDATORY

Maximum Repayment  : 25 Years (or) up to retirement

Maximum Funding         : 85% including all cost for loans less than 20 Lacs 80% including all cost for loans more than 20 Lacs.

Repayment Process       : Repayment for Home loan has to be made from your Salary

 Account by ECS mode. Minimum of 6 + 1 Cheque leaf will be required to proceed for disbursement.

Salaried Applicant and Co Applicant:

1.     Passport size color Photograph         - 2 No’s

2.        Copy of  P A N Card (Front Page  alone clear copy )   

3.       Passport or Driving License copy                                                     

4.       Address Proof –(Latest telephone bill/Credit card bill/ Bank Statement)

5.       Appointment order copy

6.        Latest Form 16 copy(Assessment Year 2010-2011 )

7.       Previous Appointment & Relieving order if present employment < 36 month

8.        Latest 3 months pay slips                                                                                   

9.       Latest 7months bank statements i.e. From Nov, 2011 to till date

10.  one cheque  towards upfront Processing fee for Rs. 5, 618 favoring  “AXIS BANK LTD “ & will be adjusted towards the total processing fee. ( Non Refundable) Will be Deposited once file Number Generated.

Documents for Co Applicant:

1              Passport size color Photograph - 2 No’s

2              Copy of PAN Card (Front Page alone clear copy)                

3              Passport or Driving License copy                                                             

4              Address Proof – (Latest telephone bill / Credit card bill / Bank Statement)

5              Relationship Proof

Charges

Processing Fees                                                           : Rs.10, 000 + 12.36% (Applicable Service Tax)-

E . M. (Equitable Mortgage) Charges             :  Rs. 25,000  or  0.5% of the loan amount whichever is Less.

­

Property Insurance to be paid by the applicant

For loan arrangement please

Contact Mr. MURUGAN – 90435 71864

      Axis Bank Home Loans

*Condition applies.  Interest at the time of disbursal shall be applicable.  Loan at the sole discretion of the bank. 

Share: