Axis Bank provides personal loans of up to five crores, which may be used for everything from purchasing a new home, home repairs and improvements, construction of a new home, and home extensions. The loans have adjustable rates and terms and need nothing in the way of paperwork to apply for.
There are a plethora of options available via Axis Bank’s internet banking platform, including the ability to keep tabs on your home loan application status and create a summary of your loan account. Important features of this portal, such as account creation and Axis Bank home loan login, are detailed below. Axis Bank net banking has several features that allow users to access the bank’s
Procedure to register for Axis Bank Internet Banking
Customers of Axis Bank may take advantage of the many different home loan-related services offered by the bank by registering for Axis Bank Internet Banking. The following activities make up the phases of the registration process:
- Visit the Axis Bank website at www.axisbank.com.
- After selecting the ‘Login’ tab, choose the ‘Register’ option found under the internet banking subheading.
- Simply type in your “Login ID” here. (Your Customer ID will also function as your Login ID. It is noted in the letter of greeting as well as in the chequebook.)
- To continue, you must have your Customer ID, debit card, account number, and registered mobile phone number ready.
- Following the submission of your Customer ID, account number, and registered mobile number, you will be prompted to click the “Proceed” button.
- Please enter the 16-digit number of your debit card, the PIN for the ATM, and the expiration date. Select “Indian Rupee – INR” from the drop-down menu located under “Card Currency.” Click the “Proceed” button once you have read and accepted the terms and conditions.
- Enter a password to use for logging in, bearing in mind the guidelines, and then enter the password again to confirm it. You will have a one-time password (OTP) sent to the mobile phone number you registered with. After entering the one-time password, be sure you hit the “Submit” button.
- The registration procedure is now over. You are now able to use the username and password to access the Axis internet banking site whenever you choose.
see also about: Axis Bank home loan
Axis Bank home loan login procedure
After you have registered for online banking, you will be able to access the Axis bank site by entering your username and password. In the event that you have a debit card issued by Axis Bank, you may immediately navigate to the Axis Bank home loan login page and sign in by using the credentials associated with your card, as indicated below:
Registered users
If you have signed up for online banking or if you are already a member of the bank but you want to log in using your username and password, you will need to complete these steps:
- Check out Axis Bank on the web at their official website, which can be found at www.axisbank.com.
- Go to the homepage and choose “Login” under the Internet Banking section.
- To access a variety of services pertaining to your home loan, such as monitoring the status of your loan and your repayment plan, provide your username and password, and then click the “Login” button.
New users
In order to use the Axis Bank home loan login option, newly established users are required to first register with online banking. When that is finished, they will need to repeat the procedures that were described before in order to log in to the online banking interface provided by the bank.
In case you do not remember your username
If you forget your username, you will be able to recover it by one of the following methods:
- Send the message “CUSTID [account number]” to 5676782 from the mobile phone number that you have registered with in order to receive your username or login ID.
- Customers who reside outside of India may get their customer IDs by sending an SMS to the number +919717000002 with the words “CUSTID <AccountNumber>” from the mobile number they have on file with the bank.
If you have lost your password
You may establish a new password for Axis Bank home loan login on the website in case you lose it. If you possess a debit card, both the 16-digit card number and the ATM PIN are going to be necessitated. If you do not possess a debit card, you can still get a PIN by going to the branch office closest to you or by contacting the customer service line. If you want to create a password for your Axis Bank home loan login using the website, you will need to complete these steps:
- Check out Axis Bank on their official website, which can be found at www.axisbank.com.
- Click on the word “Login,” and then pick “Login” under the internet banking heading.
- On the new page that just opened, look for the link labelled “Forgot Password?” and click on it.
- Enter your Login ID and any other relevant information on the page for Online Password Regeneration, then choose a new password for your account.
- After this, you will be able to log in by using the new password together with your Login ID.
Services offered by Axis Bank’s Online Platform
You may access a variety of services, such as the option to monitor the progress of your loan application, discover the location of the loan centre most convenient to you, see the current status of your loan, and pay bills, among other things, with Axis Bank home loan login. The following is an explanation of some important aspects of the services that are provided:
Account Details
You have the ability to check the specifics of your bank account, access your statements, and see your outstanding balance. You are also able to access the details of your Deposit, Demat, home/personal loan, and Card Account in one location.
Check Home Loan Statement
After logging in to the internet banking portal of Axis Bank, you will be able to download the home loan statement. You may see information like the loan’s balance, interest paid, when it was last paid, and more on your home loan statement.
Request Services
You have the ability to make requests for things like Demand Drafts, Cheque Books, Credit Cards, and the Redeeming of Loyalty Points, among other things.
Fund Transfer
Money transfers between Axis Bank accounts are as simple as transfers between non-Axis Bank accounts.
Key considerations
The following is a list of important considerations to bear in mind when accessing the Axis Bank home loan login page:
- Make use of a robust password and update it often when establishing your online banking login.
- Before entering any personal information, double-check the website’s address. Always use https instead of http at the beginning of a URL.
- Ensure your mobiles and computers are safe from hackers by using the most up-to-date anti-spyware, security patch, and private firewall software.
- At the conclusion of each session, you must ensure that you have logged out of the Internet banking interface and closed the window in which it was first accessed.
- It is best to steer clear of doing your banking online on unsecured PCs or when utilising an open Wi-Fi hotspot.
- Avoid saving your online banking passwords using the “remember password” option of your web browser.
- Avoid reacting to attachments on emails. Any personal information that may be considered sensitive, such as your user identification, passwords, debit or credit card PINs, etc., should not be divulged to anybody.
FAQs
Do I need a co-applicant to get an Axis Bank home loan?
If you want to apply, you will need a co-applicant. Home loan applications must include at least one co-applicant who is also a co-owner of the property.
Does applying for a home loan from Axis Bank cost anything?
Yes. Processing costs are 1% of the remaining principal plus GST. At application registration, a Rs 5,000 processing fee, including GST, is due. This cost will not be returned in cases like loan rejection/withdrawal or non-disbursement due to client error. Balance processing charge due upon loan distribution.
What is the pre-EMI interest?
The interest accrued by the borrower before the first EMI payment is due is called pre-EMI interest. From the first disbursement date until the EMI payments begin, interest will accrue monthly.
When determining my EMI, what factors will be used?
The yearly EMI is made up of the loan's principal plus interest accrued so far. It is determined by thinking about how much money was borrowed, how long it took to pay it back, and how much interest was charged. As the interest rate on a loan fluctuates or as the principal is repaid in instalments, so may the EMI. Each and every month, a portion of the EMI is used toward the payment of the interest that is due, while the remaining amount is applied toward the repayment of the principal.
Is it possible to begin making EMI payments on a partially funded Home Loan?
Yes! The yearly EMI is the sum of the loan's principal plus the yearly interest rate applied to the unpaid principal balance. Since you have only received a substantial part of your financing, the interest segment of the EMI will be reduced accordingly.
What is the date when my EMI payment is due?
The day when the EMI is due will remain consistent each month. You will be informed of this date when the funds from your loan are distributed.
Do I qualify for a tax deduction for the Axis Bank home loan?
Yes, according to the Income Tax Act, permanent Indians are qualified to get tax advantages on both the principle and the interest on a home loan they have taken out. For more information, please see your tax professional.
Is it possible to make a partial prepayment on the Axis Bank Home Loan?
Your local Axis Bank Centre accepts partial prepayments on home loans. If your interest rate is variable, you won't have to pay anything more. Please verify the appropriate fee if you are currently receiving a fixed interest rate.
Can I choose from a variety of interest rates on a home loan from Axis Bank?
Yes. For your convenience, Axis Bank provides two types of interest rates, both fixed and floating.