Axis Bank Loan Against Property, Interest Rate, Eligibility and EMI Calculator August 2018


(Updated on 07.08.18) Axis Bank Loan Against Property Eligibility Calculator August 2018 – provides a simple tool to calculate Axis Bank Loan Against Property EMI on the basis of ✓ Loan Amount ✓ Interest Rate ✓ Repayment Options ✓ Processing Charges & more.


Professional Details
Loan Amount
Yearly Income
Disclaimer: We do not provide Loan Against Property but help you to connect with banks to get best deals.
All loans are on sole discretion on the respective banks loansninsurances

Axis Bank offers loan amount up to a maximum of 60%* of the market value of your property at a very attractive interest rate @ 11.10% onwards, processing fee 1% + Service tax as applicable with doorstep service, balance transfer facility & more.

Bank Name Axis Bank Limited
Product Loan Against Property
Interest Rate 11.10% onwards
Loan Processing Charges 1% + Service tax as applicable
Pre- Prepayment Charges For individual borrowers NIL
Foreclosure Charges For individual borrowers NIL
Official Website

Axis Bank offers you three different types of loans with your Property as collateral for personal or business requirements. These are:

  • Loan Against Property.
  • Lease Rental Discounting.
  • Overdraft facility Against Property.
  • Reverse Mortage Loan.

The eligibility criteria for opting a loan against property at Axis Bank, for salaried the applicant age should be greater than 24 years, having a permanent service in government or a reputed company.

Professionals such like Engineers, Doctors, Dentists, Accountants, Architect, Chartered Accountants, Cost Accountants, Company Secretary and Management Consultants only take loan against property.

Self-employed / Individual  need IT Returns for the last 2 years and computation of income for the last 2 years certified by a CA.

The formula for EMI (in arrears) is:

Where E is EMI, P is Principal Loan Amount, r is rate of interest calculated on monthly basis. (i.e., r = Rate of Annual interest/12/100. If rate of interest is 11.75% per annum, then r = 11.75/12/100=0.00979) and n is loan term / tenure / duration in number of months

Factors considered while sanctioning Loan Against Property

  • Property’s Registration.
  • Property’s Market Value.
  • Your requirement and eligibility.
  • Your income and repayment capacity.

Features and Benefits of Axis Bank Loan Against Property

  • Borrow between Rs. 5,00,000 to Rs. 5,00,00,000 on Axis Bank Loan Against Property.
  • Loan Against Property can be availed on commercial property, residential property.
  • The interest rate on Loan Against Property begins at just 11.10%.
  • You can also do balance transfer of your existing loan to Axis Bank to enjoy lower EMIs and additional top-up.
  • Get doorstep service from Axis Bank for Loan Against Property.
  • Loan Against Property can be availed for a tenure period of maximum 20 years.
  • Property and Personal Accident Insurance cover (optional).
  • Avail surplus benefits of Lease Rental Discounting and Overdraft facility against property.

Axis Bank Loan Against Property EMI Calculator

Fill Loan Amount, Interest rate & Tenure in Fields & get Instant Calculation for Property Loan EMI within seconds.
Loan Amount
Interest Rate (Reducing) % Per Annum
Loan Tenure (in Months)
Monthly EMI
Total Amount with Interest
Flat Interest Rate PA
Flat Interest Rate PM
Total Interest Amount
Yearly Interest Amount

For example a customer applied for property loan ₹ 32,00,000 amount, interest rate given by Axis Bank is 11.75% for 84 months (7 years). Now you should have to check how much emi, interest amount you will pay for your Loan Against Property.

₹ 32,00,000.00 11.75% 84 months ₹ 56061.81 ₹ 1509192.04

Now you should have to figure out yearly basis property loan amount. Follow the given table for complete break up. These values calculated on January 1, 2017.

1 ₹313,258 ₹359,486 ₹2,886,742
2 ₹352,116 ₹320,628 ₹2,534,626
3 ₹395,793 ₹276,951 ₹2,138,833
4 ₹444,884 ₹227,860 ₹1,693,949
5 ₹500,067 ₹172,677 ₹1,193,882
6 ₹562,093 ₹110,651 ₹631,789
7 ₹632,332 ₹40,928 ₹0

Documents required for Axis Bank Loan Against Property

Salaried Individuals

  • Proof of Identity: Voter ID card, Driving license, PAN Card, Photo Credit Card, Employee ID Card, Defence/Policy/ Government ID Card. (any one)
  • Proof of Income: Latest salary slip or Form 16, Recent salary certificate, Last 6 months bank statement/ passbook. (any one)
  • Residence Proof: Bank Account statement, Latest Electricity bill, Latest Mobile/telephone bill, Latest credit card statement, Latest LIC Policy/ insurance premium receipt, Employers letter certifying the current mailing address, Latest NSC. (any one)
  • Guarantor Form (Optional)
  • Copy of lease agreement for all lease rental discounting cases.

Self-Employed Individuals

  • Proof of Identity: Voter ID Card, Driving license, PAN Card, Photo Credit Card. (Any one)
  • Proof of Income: IT Returns of last 2 years, Computation of Income of last 2 years certified by a Chartered Accountant, Last 6 months bank statement/ Passbook. (Any one)
  • Proof of Residence: Bank Account Statement, Latest Electricity Bill, Latest Mobile/telephone bill, Latest Credit Card Statement, Latest LIC Policy/ insurance premium receipt, Latest NSC. (any one)
  • Guarantor Form (optional)
  • Copy of lease agreement for all lease rental discounting cases.
Contact Address IFSC Code MICR Code
Ground Floor & First Floor, C1/12A, Yamuna Vihar, New Delhi-110053 UTIB0001145 110211088
Ground Floor And Basement, Cottage No. 11,West Patel Nagar, New Delhi,Pin 110008 UTIB0001890 110211131
Ground Floor, C-1/4, West Enclave, Pitampura, Delhi, Pin -110034 UTIB0002195 110211146
A-101 Wazirpur Group Industrial Area Delhi- 110052 UTIB0SIPSB1 110255002
Ground & First Floor, 1/62, Vishwas Nagar, Shahdara, New Delhi, Pin 110032 UTIB0002454 110211152
Axis Bank, J-3 Vikaspuri New Delhi UTIB0000079 110211012
4/3(8750), Ist Floor (Near Jindal Hotel) D.B.Gupta Road, Paharganj, New Delhi-110055 UTIB0STCCB1 110094268
A-13, Swasthya Vihar, Vikas Marg, UTIB0000055 110211010
Ground Floor And Basement, E-2/241 A & E-2/242 B, Main Road, Shastri Nagar, Opp To Metro Pillar No 169, New Delhi – 110052 UTIB0001810 110211125
Am-196, Shalimar Bagh UTIB0000263 110211029
Ground Floor And First Floor, Parsvnath Shahdara Metro Tower Opp. Shahadara Metro Station, Shahdara, Delhi , Pin 110032 UTIB0000884 110211071
Plot No.1, Amar Bhavan, 11433 G.T. Karnal Road, Shakti Nagar UTIB0000054 110211009
C/O. Shadley Public School, Press Colony G-8 Area, Opp. Rajouri Apartments Rajouri Garden, New Delhi 110 027 UTIB0000786 110211068
Gitarattan Jindal School Sector 7, Rohini UTIB0000431 110211045
Ground Floor And Basement Plot No. 104, Pocket 27, Sector 24, Rohini, New Delhi, Pin 110085. UTIB0001655 110211119
Ground Floor,Sai International, Plot No. 37,Sector 12B, Dwarka,Delhi,Pin 110078 UTIB0002173 110211143
Contact Address IFSC Code MICR Code
Door No. 16/20, Brindavan Street Extn. West Mambalam, Chennai, Tamil Nadu, Pin 600033 UTIB0001714 600211059
Axis Bank, 69, Arcot Road, Virugambakkam UTIB0000211 600211010
No.171, Mth Road, Villivakkam, Chennai, Tamil Nadu, Pin 600049 UTIB0001565 600211051
Door No 16,Evk Sampath Road, Vepery,Chennai,Tamil Nadu, Pin 600007 UTIB0001885 600211063
No. 22 & 23, Venkatnarayana Road, T Nagar, Chennai Tamil Nadu, Pin 600017 UTIB0001594 600211053
37-D, Velachery-Tambaram Main Road Velachery UTIB0000234 600211011
Veena Ground Floor D No 96 Jawaharlal Nehru Road 100Ft Inner Ring Road Vadapalani Pin 600026 UTIB0002559 621111112
Kuppu’S Nest, No 35B ( Old No 17 ) , Bharathi Salai, Triplicane, Chennai, Tamil Nadu, Pin 600 005 UTIB0001618 600211057
Plot No.172 & 173, Chandrasekaran Avenue, Old Mahaballipurm Road, Okkiyam Thuraipakkam, Kancheepuram, Tamil Nadu, Pin 600097 UTIB0001566 600211050
No.1039/1, Kaladipet, T H Road, Thiruvottriyur, Chennai, Tamil Nadu,Pin 600019 UTIB0001619 600211056
No. 169, J N Road, Thiruvallur 602 001Tamil Nadu UTIB0000621 600211021
East Coast Centre,New Door No. 534A, Old Door No. 553,Anna Salai, Teynampet, Chennai,Tamil Nadu, Pin 600029 UTIB0001374 600211042
79, G N Chetty Road T. Nagar UTIB0000014 600211003
No.80 (Old No.69), Nungambakkam High Road, Nungambakkam,Chennai, Tamil Nadu,Pin 600034 UTIB0002018 600211066
82, Aalim Centre, Dr. Radhakrishnan Salai, Mylapore, Chennai 600 004 UTIB0000146 600211999
No.83/Ad13, Annanagar Vth Avenue , Chennai, Tamil Nadu, Pin 600040 UTIB0001510 600211044
Door No.31. (Old No.14), South Mada Street, Mylapore, Chennai, Tamil Nadu, Pin 600004 UTIB0001596 600211055
New D.No.47 (D.No.12), Arunachalam Road , Saligramam, Chennai, Tamil Nadu, Pin 600093 UTIB0001503 600211045
Tamil Nadu Housing Board Complex No.493, Anna Salai, Nandanam Chennai 600035, Tamil Nadu UTIB0000781 600211025
Contact Address IFSC Code MICR Code
Rub Plaza, No.43/2, Tumkur Road, Yeshwanthpur, Bangalore, Karnataka, Pin 560022 UTIB0001614 560211040
“Citius”, First Technology Place, No. 3 Epip, Whitefield,Karnataka,560066 UTIB0000514 560211015
No.43/2, Old No.8, White Field Main Road, Bangalore,Dist.Bangalore, Karnataka,Pin 560 066 UTIB0002177 560211051
G.G. Arcade,Service Road,No.2940/E-5 West Of Chord Road,Opp Maruti Mandir,Vijayana UTIB0000468 560211014
No. 1240, G S Arcade,B E L Layout, Vidyaranyapura Main Road,Bangalore , Karnataka 560097 UTIB0001097 560211027
Plot No.578, Ii Phase, Vi Block,Srinivasnagar, Banashankari Iii Stage, Bangalore 560085 UTIB0001856 560211044
No. 9, Ground Floor,K H Road, Shanthinagar,Bangalore,Karnataka,Pin 560027 UTIB0001028 560211026
Ground Floor, No: 9, K H Road, Shanthinagar, UTIB0000162 560211001
Ground Floor,J M Plaza,No.35,(Old. No.196), 2Nd Main Road (Sankey Road),Sadashivanagar, (Upper Palace Orchards),Bangalore, Karnataka,Pin 560080 UTIB0001887 560211045
No.31, Kothanur Main Road,Rbi Layout, Jp Nagar, 7Th Phase,Bangalore , Karnataka, Pin 560078 UTIB0001185 560211029
Vidya Vardhaka Sangha, Saptharshidhama, First Block, Rajajinagar, Bangalore 560010 UTIB0000559 560211017
Ground Floor ,No.174, Mla Layout R.T.Nagar Main Road,R.T.Nagar UTIB0000363 560211013
Upper Ground Floor,No.45/004, Motati Meadows Apartments, Old Madras Road,C.V.Raman Nagar, Bangalore,Karnataka, Pin 560093 UTIB0001920 560211047
Admn Office High Court Buildingnew Annexedrambedkar Veedhibengaleru560001 UTIB0SNSBNB 560226329
Site No. 43, Varthur Main Road Marathahalli UTIB0000300 560211011
No.147/7, Margosa Road, Malleswaram, Bangalore, Karnataka, Pin 560003 UTIB0002481 560211054
Plot No. 41, Seshadri Road Anand Rao Circle Bangalore 560 009, Karnataka UTIB0000693 682211005