Used Commercial Vehicle & Construction Equipment Loan. Loan Amount LTV Up to 90% of the valuation amount or depreciation grid value, whichever is lower. Applicable commercial vehicle loan interest rate 10.30% - 16.55%. Maximum Tenure 1 year to 4 years. Explore More Apply Online.
The higher rate of interest compensates for this fact. Axis Bank offers competitive personal loan interest rates. The interest ranges between 12 and 21%. 3. They involve less paperwork. Axis Bank Personal Loans are designed for convenience and speed. No one has the time to spare these days.
Axis bank loan rates According to the Axis Bank website, overnight and one-month MCLR is 8.70 per cent from 8.60 per cent. Axis Bank three-month MCLR is at 8.80 per cent; six-month at 8.85 per cent; one-year at 8.90 per cent; two-year at 9 per cent; and three-year at 9.05 per cent.
The Bank offers fixed-rate home loans where the interest rate stays the same throughout the whole loan tenure. The fixed interest rate starts at 12% per annum. It also offers floating interest rate loans which start at 6.90% per annum. The maximum tenure period is also different for floating rate home loans and fixed-rate home loans being 30
Axis Bankβs Used Car Loans offer loans starting from Rs. 1 Lakh. Up to 95% of the valuation amount (sale-purchase or used car loan); Up to 85% of the valuation amount (refinance loan), at attractive interest rates. Find out more about the features & benefits of our Used Car Loan below.
Self-employed individuals who are eligible for a car loan. Minimum 18 years of age. Maximum 65 years of age at loan maturity. Minimum Net Annual Business income of Rs. 1,80,000 p.a. for selected models and Rs. 2,00,000 p.a. for others. Income eligibility based on latest Income Tax Returns. Minimum 3 years of employment in the same line of business.
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home loan rate of interest axis bank