Axis bank

Axis bank Business Loan

Years

Apply Axis bank Business Loan @ 17%
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Interest Rate

17%-19%

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Processing fee

Upto 2%

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Loan Tenure upto

3 years

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EMI per Lakh

4,194

About Axis Bank

Axis Bank Ltd, the third largest private-sector banks in India offers a comprehensive suite of financial products. The bank is headquartered in Mumbai and has its registered office in Ahmadabad. It offers the entire spectrum of financial services to large and mid-size corporate, SMEs, and retail businesses.

About Axis Bank Business Loan

Axis Bank provides Business Loan to both- Corporate and Small & Medium Enterprises (SMEs). For corporate, Axis Bank offers working capital finance through overdraft, cash credit or working capital loans for business expansion and for up-gradation of business strategies and facilities.

Axis Bank Business Loan Eligibility Criteria

Subject to the income profile, following are the eligibility criteria:

  1. Professionals
  • Applicant should have one of these professions- doctors, dentists, architects, engineers, chartered accountants, company secretary, cost accountantsand management consultants
  • Maximum age at loan sanction can be 24 years; Maximum age at loan maturity- 65 years

  1. Self-employed Individuals
  • Any person filing Income Tax returns can apply
  • Maximum age at loan sanction can be 24 years; Maximum age at loan maturity- 65 years

Apply for a Business Loan

Documents Required for Axis Bank Business Loan

SME Fast Track Documents Required

  • Entity profile
  • Last 2 years financials
  • Profile of the group concerns
  • Last 12 months bank statements
  • Copy of title deeds of the assets with Municipal Tax Receipts and Sanction Plan
  • Office Proof
  • Copies of all lease and sublease agreements in connection with the property
  • MOA and AOA in case of Company
  • Partnership Deed in case of partnership firm
  • Last 6 months bank statements of the directors/ partners
  • Last 2 years ITof the directors/partners along with Personal Balance Sheets
  • Residential Proof of all the directors or partners
  • Identity proof of all the directors or partners

Other Available products from Axis Bank

  • Home Loan
  • Home Loan Balance Transfer
  • Loan Against Property

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