Axis Bank (loans): verified facts and rating
Licensed since: 1994 Checked 2026-10-31
Score breakdown
98% backed by facts · How we rank
Axis Bank (loans) against the market
The dot is the company, the line is the median of all companies in this ranking.
Published rate, % of country reference99%110%100% · median 100%
Maximum amount, % of country reference30%200%100% · median 100%
Longest term60 mo84 mo84 mo · median 84 mo
Axis Bank (loans) strengths and weaknesses
Pros
- Long licence history
- Licence confirmed by the official list or a stated licence number
- Fees or full loan terms are readable without login
- Publishes how to complain
Cons
- An arrangement fee can apply
- A charge can apply to early repayment
All facts
| Fact | Value | Source | Checked |
|---|---|---|---|
| Licensed since | 1994 Axis Bank, a new generation private sector bank earlier known as UTI Bank, started its operations in 1994 (год начала работы) | axis.bank.in | 2026-10-31 |
| Licensed by the regulator | Yes List of Scheduled Commercial Banks (SCBs) · Domestic Private Sector Banks · 1. Axis Bank Limited | rbi.org.in | 2026-10-31 |
| Published rate, % of country reference | 100% effective rate of interest (ROI) that ranges from a modest 9.99%p.a. to a maximum of 22% per annum · APR 9.99% · index 100 = 9.995% (median at launch) | axis.bank.in | 2026-10-31 |
| Free early repayment | No Foreclosure charges: Disbursed Loan Amount less than ₹10 lacs: Up to 36 paid EMIs = 3% After 36 paid EMIs = 2% | axis.bank.in | 2026-10-31 |
| No arrangement fee | No Processing fee charges: Up to 2% of the loan amount + GST as applicable | axis.bank.in | 2026-10-31 |
| Fees or terms published | Yes Personal Loan charges: Schedule of charges** (penal charges, foreclosure charges, part payment charges, processing fee charges, loan cancellation charges) | axis.bank.in | 2026-10-31 |
| Complaints procedure | Yes Grievance Redressal Policy; Lodge A Complaint; Do you want to Escalate your Complaint? | application.axis.bank.in | 2026-10-31 |
| Online application for new customers | Yes Personal Loan application process: New to bank / Existing to bank. Begin by clicking 'Apply Now' on the top banner | axis.bank.in | 2026-10-31 |
| Support hours a week | Not verified | — | |
| Maximum amount, % of country reference | 100% Opt for a loan from ₹50,000 to ₹50 Lakh · max 5000000 INR · index 100 = 5000000 INR (median at launch) | axis.bank.in | 2026-10-31 |
| Longest term | 84 mo Up to 84 Months | axis.bank.in | 2026-10-31 |
Compare Axis Bank (loans)
Badge for the company's website
The company can put this badge on its website: it shows the current place and Score and links to this page. Copy the code:
<a href="https://global-rating.com/en/company/in-axis-bank-loans/"><img src="https://global-rating.com/badge/in-axis-bank-loans.svg" width="240" height="56" alt="Axis Bank (loans) — Global Rating"></a>