How much personal loan can I get from Axis?

Axis Bank offers Personal Loans ranging from Rs 50,000 to Rs 40 Lakhs, with minimal documentation and quick processing. These benefits make Axis Bank Personal Loans an attractive financing option to meet your various needs.

Which Bank will give personal loan easily?

Top Private Sector Banks Offering Personal Loans

What is Axis monthly service fee?

Account Service Fee (Urban) 7.5 per 100 of the shortfall from AMB requirement or 600 whichever is lower. Average Balance Required (Semi Urban) Average Monthly Balance (AMB) of Rs. 5,000.

What is the minimum balance for Axis Bank savings?

The Axis Bank Easy Access Savings Account allows you to maintain a monthly average balance requirement of ₹ 12,000 if you are carrying out online banking from a metro city. The minimum opening deposit in your account will be ₹ 16,000.

Can I take personal loan 2 times?

Yes, you can take more than one personal loan, as there are no restrictions. But, you would need to meet the eligibility criteria like income, job stability, age, credit score, existing loans etc., to avail the second loan.

Is 600 a good cibil score?

Your score falls within the range of scores, from 580 to 669, considered Fair. A 600 FICO® Score is below the average credit score. Some lenders see consumers with scores in the Fair range as having unfavorable credit, and may decline their credit applications.

What are 7 types of loans?

The lender decides a fixed rate of interest that you must pay on the money you borrow, along with the principal amount borrowed.Types of secured loans

Home loan.
Loan against property (LAP)
Loans against insurance policies.
Gold loans.
Loans against mutual funds and shares.
Loans against fixed deposits.

Which Bank loan is best?

Top Personal Loan Plans of 2022: Brief Analysis

1) HDFC Bank Personal Loan.
2) ICICI Bank Personal Loan.
3) Bajaj Finserv Personal Loan.
4) Fullerton India Personal Loan.
5) Indusind Bank Personal Loan.
6) Kotak Personal Loan.
7) Standard Chartered Personal Loan.
8) Cent Personal Loan (Central Bank of India)

Which Bank gives personal loan without salary slip?

Hero FinCorp Instant Personal Loan enables paperless documentation without any salary slip or bank statement. The only documents required are an Aadhar card and a PAN card for E-KYC verification.

Can I maintain zero balance in Axis Bank?

Yes. Axis Bank offers a Zero Balance Savings Account also called Basic Savings Account as part of the Pradhan Mantri Jan-Dhan Yojana Scheme. The account offers benefits such as free cash deposits, access to over 4000 Axis Bank branches and 14,000+ ATMs across India and Internet and Mobile banking services.

Is Axis salary account zero balance?

Axis Bank Prime Salary Account - Charges Nil. However, if a 6-month-old salary account does not receive any credit via transfer, clearing, digital, or cash for two consecutive months, the Average Balance will be INR 100 per month. Daily Limit of ATM Withdrawal - INR 50,000, Daily Limit of POS transaction - INR 4 Lakh.08-Dec-2022

Which bank has lowest minimum balance?

IndusInd Bank - Indus Online Savings Account Any Indian citizen above the age of 18 years is eligible to open this savings account with no minimum balance. Transfer funds for free via NEFT, IMPS, and RTGS. Avail of WhatsApp banking services and a free passbook, chequebook, and debit card.

Which account is best in Axis Bank?

Axis Bank Instant (Digital) Savings Accounts

Easy Access Digital Savings Account. Cashback and discounts:
PRIME Savings Account. Cashback and discounts:
LIBERTY Savings Account. Cashback and discounts:
Prestige Digital Savings Account. Cashback and discounts:
Priority Digital Savings Account.
Burgundy Digital Savings Account.

Can we keep zero balance in savings account?

In a regular savings account, banks levy a penalty for not maintaining the minimum account balance, but in a zero balance account, there is no penalty as you are not required to maintain a minimum balance.17-Oct-2022

Which savings account is best?

To satisfy its customers' needs, HDFC Bank offers complete banking solutions. Free debit cards, mobile banking, and other unique features are just a few of the unique features of an HDFC savings account. This is another best bank for Savings Account.10-Aug-2022

What is the time limit for personal loan?

Some financial institutions have set the maximum tenor of 84 months for a personal loan allowing borrowers to repay in affordable monthly instalments. Individuals with lower monthly incomes should choose a personal loan with a longer tenor. It will assure financial institutions of timely repayments.

What is interest rate on personal loan?

According to a Bankrate study, the average personal loan interest rate is 11.08 percent as of October 7, 2022. However, the rate you receive could be higher or lower, depending on your unique financial circumstances. Personal loan rates vary based on creditworthiness, the lender and the borrower's financial stability.07-Oct-2022

How much personal loan can I get?

In most cases, individuals are eligible for a personal loan amount of up to 30 times their monthly income. Additionally, to minimise the risk of default, lenders keep the EMIs of the loan to about 45-60% of your monthly income.

How can I get 900 CIBIL score?

It generally takes a few months to improve your CIBIL score. To move the digits closer to 900, make sure to pay your bills on time and in full, keep credit utilization low, maintain the right mix of secured and unsecured loans and avoid making too many credit inquiries in a short span of time.

What is minimum CIBIL score?

The minimum CIBIL score for a personal loan is between 720 and 750. Having this score means you are creditworthy, and lenders will approve your personal loan application quickly. They may also offer you your chosen loan amount at a nominal interest.

How can I get 800 CIBIL score?