wishfin

Click here to edit subtitle

Blog

Use Axis Bank Home Loan QuickPay And Save on Interest?

Posted by [email protected] on February 8, 2020 at 4:35 AM

Axis Bank offers different types of loan schemes for home purchase and construction and one of them is Axis QuickPay Home loan. This scheme provides loans to customers at a floating rate of interest. The advantage of Axis Bank home loan Quickpay scheme is that it lowers your equated monthly installments. Read this article and know the features and benefits of the home loan scheme.


Benefit on Axis Bank home loan of floating rate of interest


The bank provides the Quickpay loan to the customer with no fixed interest rate as it changes with the bank Marginal Cost based Lending Rate (MCLR). Axis Bank MCLR is 8.10% and it affects your home loan interest rate every 6 months when the MCLR is revised. The effective Axis Bank home loan interest rate for the QuickPay scheme is 8.85%. And, you can reduce the EMI of your loan through prepayment. The bank doesn’t charge any prepayment fee for your home loan. The maximum duration of the loan payment is 30 years and the applicant can borrow from INR 3 lakh to 5 crore form the bank.


Applicants must be a salaried or self-employed individual whose age is 21 years and above. Non Resident Indians (NRIs) are also eligible for the home loan from Axis Bank. Or, you could get better interest on your loan if your income is free from any liabilities. And, to check the loan amount you can borrow from the Axis bank use the home loan eligibility calculator.


Avail Exemptions on Axis Bank home loan interest payment


You can also get the benefit of tax exemptions on your home loan EMI under section 80c and 24b. But, you can use the benefits if you follow the old tax regime because in the union budget 2020 the optional tax slab doesn’t offer you 80c and 24b benefit on your housing loans. The user will save up to INR 1.5 lakh on their Axis Bank home loan interest payment under the income tax act. So if you want to finance the house then get a home loan from Axis Bank. It provides you the best loan offer at an affordable rate of interest.


Apply for Axis Bank home loan


To finance your new house or property you can borrow the desired amount from Axis Bank. Visit the bank branch or website apply for QuickPay home loan. Fill the home loan application form and submit the required documents. The documents needed for the Axis Bank Quickpay home loan are as follows: KYC proof, income documents, address proof and property documents. If you pay the downpayment of your house or property then you need to provide the documents for it.


The minimum age of the applicant should be 21 years during the loan application and an upfront fee of INR 2,500 needs to pay for the Axis Bank home loan. Axis Bank charges a Processing fee for your home loan that is 1% of the principal amount. The amount is disbursed to your account instantly after the loan approval. And, to pay the loan EMIs you can use ECS, PDCS and auto-debit facilities of the bank. 

Categories: Home Loans

Post a Comment

Oops!

Oops, you forgot something.

Oops!

The words you entered did not match the given text. Please try again.

Already a member? Sign In

38 Comments

Reply KelFava
11:57 PM on May 9, 2020 
Medecine Amoxil https://abuycialisb.com/# - Buy Cialis Warfarin Without Prescription Buy Cialis Propecia Generique Pharmacie Acheter
Reply JamosPraig
2:45 AM on May 31, 2021 
Thanks. Great stuff!
https://topessaywritingbase.com/
Reply JamosPraig
11:31 AM on June 3, 2021 
You explained it very well!
https://topessaywritingbase.com/
how to write reflective essay
research paper
college scholarships essay
how to write a thesis
college vs high school essay
thesis writing services
write custom essays
thesis writing help
macbeth essay help
custom papers
writing persuasive essays
writing thesis
professional custom essays
https://contest101.webs.com/apps/guestbook/
Reply JamosPraig
12:22 AM on June 4, 2021 
Superb write ups. Thanks a lot.
https://topessaywritinglist.com/
why is college important essay
paper writer
how to write a college entrance essay
essay
persuasive essay help
homework help cpm
essays in college
thesis writing help
essay review service
write papers
buy an essay online cheap
dissertation definition
high school versus college essay
https://smilevault1.webs.com/apps/blog/show/48256738-comprar-bitc
oins-con-tarjeta-de-cr
Reply JamosPraig
1:45 PM on June 4, 2021 
You revealed it superbly!
https://bestessayscloud.com/
writing a summary essay
dissertation
admission essay service
how to write a thesis
heading for college application essay
mathematics homework
essay writing prompts
homework help
legitimate essay writing service
mathematics homework
how to begin college essay
online dissertation
essays for college applications
https://smilevault1.webs.com/apps/blog/show/48256738-comprar-bitc
oins-con-tarjeta-de-cr
Reply JamosPraig
2:26 AM on June 5, 2021 
Good forum posts. Cheers.
https://topessaywritingbase.com/
how to write a concept essay
dissertation examples
essay writing tip
url=https://ouressays.com/ says...
dissertation online

best paper writing site
define thesis
essays for college
url=https://topessayssites.com/ says...
research dissertation

autobiographical essay for college
write my paper
custom essay cheap
url=https://bestessayseducationusa.com/ says...
custom writing

cheap custom essays online
https://kehillathisrael.webs.com/apps/guestbook/
Reply JamosPraig
3:16 PM on June 5, 2021 
Nicely put, Thank you!
https://service-essay.com/
how to write a biographical essay
cheap essay writing service
the best custom essay writing service
essay writing service
usa essay writing services
paper writing services
how to write the best college essay
xyz homework
narrative writing essay
cpm homework help
magic essay writer
essay writing services review
perfect college essay
https://smilevault1.webs.com/apps/blog/show/48256738-comprar-bitc
oins-con-tarjeta-de-cr
Reply JamosPraig
4:14 AM on June 6, 2021 
You said it nicely..
https://discountedessays.com/
how to write a good comparison essay
essays writing service
buy an essay online cheap
writing thesis
writing academic essays
resume writing services
community college essay
define thesis
best essay services
homework help cpm
top college essays
write my essays
writing a good essay for college
https://smilevault1.webs.com/apps/blog/show/48256738-comprar-bitc
oins-con-tarjeta-de-cr
Reply JamosPraig
7:21 PM on June 6, 2021 
You actually explained this really well!
prescription drugs prices
https://perfectlittleblackdressink.webs.com/apps/guestbook/
Reply JamosPraig
12:49 PM on June 9, 2021 
You actually reported it well!
https://englishessayhelp.com/
college essays writing services
https://definitionessays.com/
how to write informative essay
https://bestessayscloud.com/
creative college essays
https://freeessayfinder.com/
can you write my essay
https://www.jeffspeakmanbolivia.com/apps/blog/show/48042055-clase
-virtual-mundial-2020
Reply JamosPraig
1:59 PM on June 10, 2021 
Great postings. Thanks a lot.
https://freeessayfinder.com/
cheap essays writing service
https://discountedessays.com/
how to write a literary essay
https://bestessayscloud.com/
perfect college essay
https://theessayswriters.com/
how to write application essay
https://gomezfuttrup6.webs.com/apps/blog/show/47922091-amazon-web
-services-aws-d-7883-ch-v-7909-272-i-7879-n-to-225-n-272-225-m-m-
226-y
Reply JamosPraig
3:24 PM on June 11, 2021 
Nicely spoken without a doubt! .
https://englishessayhelp.com/
how to write a visual analysis essay
https://topswritingservices.com/
writing college essay
https://dissertationwritingtops.com/
writing prompts for college essays
https://topessayssites.com/
how to write a college essay
https://koinoniahof.webs.com/apps/guestbook/
Reply JamosPraig
5:28 PM on June 12, 2021 
Really loads of superb info.
https://topessaywritingbase.com/
cheapest essay writing services
https://quality-essays.com/
order custom essays
https://bestessayseducationusa.com/
college essay application
https://bestessayscloud.com/
how to teach essay writing
https://wzorypodania3108.webs.com/apps/blog/show/49353754-portal-
literacki-fabrica-librorum-literatura-wiersze-opowiadania-felieto
ny-eseje
Reply JamosPraig
6:59 PM on June 13, 2021 
This is nicely said. .
https://ouressays.com/
how to write a rhetorical essay
https://essaypromaster.com/
help writing essays for scholarships
https://homeworkcourseworkhelps.com/
customized essays
https://bestessayscloud.com/
buy college essay
https://fivestarhunters.webs.com/apps/guestbook/
Reply JamosPraig
10:28 PM on June 14, 2021 
Amazing a good deal of terrific information!
https://mosparks.ru:443/bitrix/rk.php?goto=https://cadmed-bb.com
http://coballet.hotpressplatform.com/Redirect.aspx?destination=ht
tps://cadmed-bb.com
https://affresco.ru/bitrix/rk.php?id=23&site_id=s1&event1=banner&
event2=click&event3=1+%2F+%5B23%5D+%5BMAIN%5D+fabriKa19-53&goto=h
ttps://cadmed-bb.com
http://portal.novo-sibirsk.ru/dynamics.aspx?PortalId=2&WebId=8464
c989-7fd8-4a32-8021-7df585dca817&PageUrl=%2FSitePages%2Ffeedback.
aspx&Color=B00000&Source=https://cadmed-bb.com
https://www.triumphmotorcycles.fr/accessoires/styling/active/a970
0878-pillion-infill-touring?returnUrl=https://cadmed-bb.com

https://drinkfromthespring.webs.com/apps/guestbook/