Get Ready for an Unforgettable Journey with Axis Bank Travel Loan

Travel Loan1279 views

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:

ParticularsDetails
Interest Rates15.50% -24%
Loan AmountRs. 50,000-Rs. 15 Lakh
Repayment12 months-60 months
Processing Fees1.50% – 2%
Prepayment/Forclosure ChargesNil

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.

CriteriaEligibility
Minimum age of applicant21 Years
Maximum age of applicant60 Years
Minimum net monthly incomeRs. 15,000
Maximum loan availableRs. 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.

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SalariedSelf-Employed
Application formApplication form
PhotographPhotograph
Age ProofAge Proof
ID ProofID Proof
Income ProofIncome Proof
Bank StatementBank Statement
Residence ProofResidence Proof
Signature Verification ProofSignature 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

Personal Loan Interest Rates November 2018
Bajaj Finserv10.99% - 16.00%
Fullerton India14.00% - 33.00%
HDFC Bank11.25% - 21.50%
ICICI Bank10.99% - 18.40%
IndusInd Bank10.99% - 16.00%
Kotak Bank10.99% - 20.99%
RBL13.00% - 18.00%
Standard Chartered Bank12.00% - 17.00%
Tata Capital10.99% - 18.00%
Home Loan Interest Rates November 2018
State Bank of India/SBI8.70% - 9.25%
HDFC8.80% - 9.60%
Bank of Baroda8.65% - 9.65%
LIC Housing8.70% - 9.05%
PNB Housing Finance9.00% - 13.00%
ICICI Bank8.95% - 9.20%
Axis Bank8.80% - 9.05%
Citibank8.90% - 9.65%
Indiabulls Housing Finance Limited8.80% - 11.05%
Kotak Bank8.75%
DHFL9.05% - 9.95%
Reliance Home Finance8.75% - 14.00%