Axis Bank Loan Against Property

A Mortgage Loan from Axis Bank to meet your financial needs

The right loan against property to consolidate your debts

Axis Bank Loan Against Property

This loan helps borrowers get access to funds by mortgaging their residential/commercial property to the bank to meet their urgent financial needs such as wedding expenses, travel expenses, medical exigencies, higher education and so on. This loan can also be repurposed into a consolidation loan to pay off high-interest debts

Features of Axis Bank Mortgage Loan

Why this Loan?

  • The Axis Bank Loan Against Property is meant for borrowers who want to avail financial assistance by mortgaging their property to the bank to meet their urgent financial needs other than for capital market, business, trading or speculative purposes
  • Axis Bank presents this as the perfect consolidation loan and offers balance of transfer facilities for loans availed from other banks

Loan Amount

  • The loan amount to be sanctioned under this loan scheme is Rs. 5 crore


  • As of October 2020, the interest rate applicable to this loan may range from 10.50% to 11.25%


  • This loan must be repaid within 20 years subject to a maximum borrower’s age of 70 years, whichever is earlier

Margin Money (Borrower’s Contribution to Total Cost)

  • The bank charges 20% to 30% margin for commercial property and 40% to 55% margin for residential property

Security Needed

  • The bank asks for the first charge of equitable/registered mortgage of property to secure this loan

Processing Charges

  • The bank charges 1.00% of the loan amount with a maximum of Rs. 10,000 for processing the loan

Documents Needed for Individuals (Salaried and Self-employed)

  • Loan Application Form duly filled and signed by the applicant and co-applicant, if any
  • Two Passport Size Photographs of applicant and co-applicant
  • Personal ID Proof: Aadhaar Card, PAN Card, Passport or Driving License. PAN Card / PAN Card Issuing Letter is must
  • Signature Proof: PAN Card, Banker’s Verification, Driving License or Passport
  • Residential Address Proof (Any One): Aadhaar Card, Electricity Bill, Post-paid Phone Bill, Valid Rent Agreement
  • Income/Banking Proof for Salaried Professionals: Last 3 months’ salary slip, Form 16 or income tax returns
  • Income/Banking Proof for Self-employed Professionals/Non Professionals: Computation of income of last 2 years, Balance Sheet, Profit and Loss Account, Registration Certificate, GST Return, Income Tax Challan / Form 26AS / TDS Certificate, IT Assessment, etc.
  • Property related documents

Reference Facts

  • Axis Bank Website:
  • Headquarters: Mumbai, Maharashtra
  • Call Centre Number: 1860 419 5555, 1860 500 5555