Putting it simply, Axis Bank is currently offering a quick, convenient personal loan for the year 2025, thus providing salaried and self-employed individuals with all ease and comfort to meet their immediate monetary requirements. Emergency funds can trigger an instant personal loan of ₹2,00,000, with an EMI starting from ₹10,099 based on tenure and the interest rate.
Axis Bank Personal Loan – Important Features
Some of the important features of the Axis Bank Personal Loan include an attractive interest rate starting at 10.49% per annum (may vary with your credit score and eligibility) and repayment tenure from 12 months to 60 months to flexibly choose an EMI plan that sits well with your budget. The monthly EMI for a loan of ₹2,00,000 will be around ₹10,099 for a tenure of 24 months, subject to competitive interest rates.
Instant Approval and Quick Disbursal
The main benefit of taking a personal loan from Axis Bank is an almost instant approval. If the customer fulfills the eligibility criterion, then he may apply online through Axis Bank’s website or mobile app and receive approval within a matter of few minutes. Post approval, the funds will be credited into your bank account and will thus be readily available when the need arises.
Eligibility Criteria
To apply, you must be aged between 21 and 60 years, with a stable income and a decent credit score (preferably 700+). Salaried employees, self-employed professionals, and business owners can all apply for loans.
Documents Needed
It is a completely paperless process if you are a pre-approved customer. Otherwise, you might be required to upload the usual KYC documents like Aadhaar, PAN, proof of income (salary slip or bank statement), and address proof.
Final Word
A personal loan of ₹2 lakh from Axis Bank with an EMI of ₹10,099 is a great alternative if you require instant funds for medical emergencies, travel, education, or any other personal purposes. Instant approval, flexible tenure, and competitive interest rates allow it to provide for your short-term monetary needs.