Need help in buying a home?
Axis Bank’s Power Home Loan puts an end to your Real Estate troubles. Augment your reach and buy the house that you’ve set your heart on.
Loan Purposes:
You can apply for Power Home Loan for the following purposes:
- Purchase of a new house/flat
- Purchase of a plot of land & construction of house thereon
- Construction of a house on plot of land already owned
- Extend/Renovate/Repair of a house or flat already owned by self
- Take-over / Balance Transfer / Refinance of existing housing loan
Features:
- Maximum loan
- 85% of the cost of the property for Home Loans upto 20 lacs
- 80% of the cost of the property for Home Loans above 20 lacs
- Maximum Term
- This is another USP of Axis Bank Home Loans. Axis Bank now offers home loans upto 25 years
- Applicant and Co- Applicant to the loan
- Home Loans can be applied for either individually or jointly. Proposed owners of the property will have to be co-applicants. However, the co-applicants need not be co-owners
- Insurance options to cover your home loan and property at attractive premium
- Simple Documentation & Doorstep service
- Attractive Interest Rates
- Balance Transfer Facility
- Nil Pre-payment Penalty / Foreclosure Charges