Get Ready for an Unforgettable Journey with Axis Bank Travel Loan
Last Updated : June 28, 2016, 10:57 a.m.
Being the third largest private sector bank in India, Axis Bank with its prominent national as well as international entities has no doubt rules the roost. Yes, with a 445.6 billion revenue generated last year, this bank is known for offering many services to the people worldwide. Moreover, among many world-class services, this bank provides unmatched and flexible travel loans so as to fulfill all your travelling needs.
Yes, whether you want to attend your best friend’s bachelorate party in Singapore, want to explore an unexplored destination solo or planning a family vacation , no matter what your travel plans are, Axis Bank is here with its best of travel loans in order to support you in good and bad times.
So, go through the article and know more about the travel loan offered by Axis Bank:
Axis Bank Travel Loan Details:
| Particulars | Details |
|---|---|
| Interest Rates | 15.50% -24% |
| Loan Amount | Rs. 50,000-Rs. 15 Lakh |
| Repayment | 12 months-60 months |
| Processing Fees | 1.50% – 2% |
| Prepayment/Forclosure Charges | Nil |
Features and Benefits of Axis Bank Travel Loan
- Best in Class Rate of Interest
- Balance Transfer Facility
- Simplified Documentation
- Simple Procedure
- Quick Approval
- Earn Loyalty Points
Eligibility Criteria for Axis Bank Travel Loan
To avail the personal loan in Axis Bank, you need to fit into the below eligibility criteria.
| Criteria | Eligibility |
|---|---|
| Minimum age of applicant | 21 Years |
| Maximum age of applicant | 60 Years |
| Minimum net monthly income | Rs. 15,000 |
| Maximum loan available | Rs. 15 Lakh |
Documentation Required for Axis Bank Travel Loan
Next, thing on which you need to pay attention is the documentation required to get the travel loan in this bank.
| Salaried | Self-Employed |
|---|---|
| Application form | Application form |
| Photograph | Photograph |
| Age Proof | Age Proof |
| ID Proof | ID Proof |
| Income Proof | Income Proof |
| Bank Statement | Bank Statement |
| Residence Proof | Residence Proof |
| Signature Verification Proof | Signature Verification Proof |
Post-sanction / pre-disbursement documentation:
- Loan Agreement Duly Signed
- Standing instruction (SI) request / ECS form / post date cheques (PDCs). security cheques required for SI and ECS
- Qualification or registration proof required for doctors, architects, CA, CS, ICWA, MBA consultant, engineers documentary proofs required may vary from customer to customer