Looking for a home loan that comes with extra benefits? The Axis Bank Shubh Aarambh Home Loan is designed to make your home-buying journey smoother. With loan amounts up to ₹30 lakhs, this offering provides special interest subsidies under the Pradhan Mantri Awas Yojana (PMAY) for eligible customers.
Whether you’re buying a new home, a resale property, building your own house, or even extending or improving your current space, this loan covers it all. Plus, enjoy a unique benefit—12 EMIs waived off over the loan tenure, with 4 EMIs waived every 4 years. You can also transfer your existing home loan balance from another bank to Axis Bank and enjoy these advantages.
Axis Bank Shubh Aarambh Home Loan Home Loan Highlights
Here’s a quick overview of the key features—interest rates, loan amounts, and fees—so you can decide if the home loan is the right choice for you.
| Category | Highlights |
|---|---|
| Interest Rates | 8.75% p.a. onwards |
| Maximum Loan Amount | Up to ₹30 Lakh |
| Maximum Tenure | 30 Years |
| Processing Fees | 1% of the loan amount + GST (Minimum ₹10,000) |
Suggested Read: Axis Bank Home Loan Account Login
Axis Bank Shubh Aarambh Home Loan Interest Rates
Check out the interest rates for home loan in 2025 to get an idea of your potential EMI and costs.
Axis Bank Home Loan Interest Rates by CIBIL Score
| CIBIL Score | Salaried | Self Employed |
|---|---|---|
| 751 and Above | 8.75% p.a. onwards | 9.10% p.a. onwards |
Axis Bank Standard Home Loan Interest Rates (Vanilla Home Loan)
| CIBIL Score | Salaried |
|---|---|
| No CIBIL Score | 9.30% p.a. onwards |
| 700 and Above | 9.65% p.a. onwards |
| 700 – 750 | 9.50% p.a. onwards |
| 751 and Above | 8.75% p.a. onwards |
Axis Bank Fixed Home Loan Interest Rates
| CIBIL Score | Salaried |
|---|---|
| Fixed Rate Loans | 14.00% p.a. onwards |
Axis Bank Shubh Aarambh Home Loan Eligibility Criteria
Find out the basic eligibility requirements, such as age, income, and existing home loan status, before applying for a home loan.
| Aspect | Salaried Individuals | Professionals | Self Employed |
|---|---|---|---|
| Age | 21 years – 65 years | 21 years – 65 years | 21 years – 65 years |
| Work Experience | Stable employment history | Consistent income | Consistent income through tax returns. |
| Work History | Government sectors or reputed companies. | Doctors/ Lawyers/ Chartered Accountants/ Management Consultants | Business owners or entrepreneurs |
Suggested Read: Axis Bank Home Loan Balance Transfer
Axis Bank Shubh Aarambh Home Loan Processing Fees
Understand the processing fees involved so you can factor them into your overall cost when opting for a home loan.
| Category | Processing Fees |
|---|---|
| Shubh Aarambh Home Loan | 1% of the loan amount + GST |
| Minimum Amount | ₹10,000 |
Suggested Read: Axis Bank Home Loan Minimum CIBIL Score
Axis Bank Shubh Aarambh Home Loan Other Fees and Charges
Be aware of any extra charges, such as prepayment penalties or overdue fees, that may apply to your home loan.
| Charges Category | Fees |
|---|---|
| Repayment Instruction / Instrument Return | ₹339 /- per instance |
| Admin Charges | ₹0 |
| Duplicate Statement Issuance Charges | ₹250 /- per instance |
| Issuance Charges for Photocopy of Title Documents | ₹500 /- per document set |
| Charges of Customer-Initiated Requests for Copies of Documents | ₹500 /- per document set |
| Prepayment Charges for Floating Rate Loan | NIL |
| Equitable Mortgage Creation Charges | As applicable in the state |
| Issuance Charges of Credit Report | ₹50 /- per instance |
| Cheque / Instrument Swap Charges | ₹500 /- per instance |
| Duplicate Amortization Schedule Issuance Charges | ₹250 /- per instance |
| Duplicate Interest Certificate Issuance Charges | ₹50 /- per instance |
| Prepayment Charges for Fixed Rate Loan | 2% of outstanding principal / amount prepaid |
| Duplicate No Dues Certificate / NOC | ₹50 /- per instance |
| CERSAI Charges (Loans up to 5 lakhs) | ₹50 |
| CERSAI Charges (Loans above 5 lakhs) | ₹100 |
| Penal Charges | 8% p.a. above applicable interest rate on overdue amount |
| CERSAI Charges | Loan up to ₹5 Lakh: ₹50Loan Above ₹5 Lakh: ₹100 |
Switching from Higher Floating Rate to Lower Floating Rate
| Principal Outstanding at the Time of ROI Conversion | Charges |
|---|---|
| Up to 10 Lacs | INR 1,000/- |
| 10.01 Lacs to 30 Lacs | INR 2,000/- |
| 30.01 Lacs to 75 Lacs | INR 3,000/- |
| Above 75 Lacs | INR 5,000/- |
Suggested Read: Axis Bank Home Loan Customer Care
Axis Bank Shubh Aarambh Home Loan Documents Required
Ensure you have all the necessary documents ready, from identity proof to income statements, to make the home loan application process smooth.
General Documents
| Category | Documents Required |
|---|---|
| Proof of Identity | PAN Card/ Driver’s License / Voter ID / Passport / Aadhar Card |
| Proof of Address | Driver’s License / Ration Card / Voter ID / Passport / Aadhar Card / Registered Rent Agreement |
| Date of Birth Proof | Passport/ Driving Licence/ PAN Card/ Birth Certificate/ 10th Marksheet |
| Signature Proof | Passport/ PAN Card |
Check Out: List of Documents required for Home Loan Disbursement
Proof of Income
| Salaried | NRI Salaried | Self-Employed |
|---|---|---|
| 3 months pay slip | 3 months pay slip | 2 years ITR, Computation of Income, P&L, Balance Sheet with CA seal and sign |
| 6 months pay slip/2 years bonus proof (in case of variable pay) | Appointment letter/contract letter | For Asha HL – 1 year ITR, Computation of Income, P&L, Balance Sheet with CA seal and sign |
| 6 months bank statement showing salary credits | Continuous Discharge Certificate for Shipping cases | Tax Audit Report (if gross turnover exceeds ₹1 crore or gross receipts exceed ₹25 lakh) |
| 2 years Form 16 (or employment continuity proof) | 6 months Domestic NRE/NRO account statement | 6 months bank statements of personal and business accounts |
| 6 months international salary account statement | CPC and tax paid challan | |
| Overseas credit report | Atleast 3 years of business continuity proof | |
| Valid visa copy/OCI card | ||
| Passport copy | ||
| POA details |
Home Loan Balance Transfer
| Category | Details |
|---|---|
| For Balance Transfer / Takeover of Loan from Other Bank / Financial Institution | 12 months loan account statement with latest outstanding letter |
| Existing loan details and 6 months bank statement from where EMI is deducted |
Other Important Documents
| Other Documents |
|---|
| Completely filled and duly signed application form along with all applicants’ latest passport size photo |
| Aadhar card is mandatory for Credit Linked Subsidy Scheme (PMAY) applicants |
| PAN card is mandatory for all financial applicants |
| Processing Fee and CERSAI cheques |
| Self-attestation of borrowers on all documents submitted |
Check Out: List of Documents Required for Home Loan Sanction
How to Apply for Axis Bank Shubh Aarambh Home Loan?
The application process is easy—simply fill in your details, upload the required documents, and get started on your loan.
- Visit the Official Website
Go to the Axis Bank home loan page.
- Select Home Loan Option
Choose the type of home loan you want to apply for (e.g., home loan, balance transfer, etc.).
- Fill the Online Application
Enter personal, contact, and financial details in the application form. Make sure to provide accurate information for quick processing.
- Upload Documents
Submit required documents like ID proof, address proof, income proof, and property details online.
- Eligibility Check
Axis Bank will evaluate your eligibility based on the information provided.
- Submit the Application
Review your details and submit the application. You will receive an acknowledgment along with the reference number.
- Approval and Processing
Once your application is reviewed, the bank will process the loan. If approved, they will send you an offer letter and discuss the next steps.
- Sign the Agreement
After receiving the offer, sign the loan agreement electronically or at the bank’s branch.
Suggested Read: How to Apply for PMAY?
Compare Top Banks Home Loan Interest Rates
Explore home loan offers from different banks to find the best deal that fits your needs.
| Bank | Up to Rs. 30 Lakh | Above Rs. 30 Lakh to Rs. 75 Lakh | Above Rs. 75 Lakh |
|---|---|---|---|
| SBI Bank | 8.50% p.a. onwards | 8.5% p.a. onwards | 8.50% p.a. onwards |
| HDFC Bank | 8.75% p.a. onwards | 8.75% p.a. onwards | 8.75% p.a. onwards |
| LIC Bank | 8.50% – 10.35% p.a. | 8.50% – 10.55% p.a. | 8.50% – 10.75% p.a. |
| ICICI Bank | 8.75% p.a. onwards | 8.75% p.a. onwards | 8.75% p.a. onwards |
| Kotak Mahindra Bank | 8.75% p.a. onwards | 8.75% p.a. onwards | 8.75% p.a. onwards |
| Punjab National Bank | 8.50% – 11.05% p.a. | 8.50% – 11.05% p.a. | 8.50% – 11.05% p.a. |
| Bank Of Baroda | 8.40% – 10.65% p.a. | 8.40% – 10.65% p.a. | 8.40% – 10.90% p.a. |
| Bajaj Housing Finance | 8.50% p.a. onwards | 8.50% p.a. onwards | 8.50% p.a. onwards |
| Axis Bank | 8.75%-10.30% p.a. | 8.75%-10.30% p.a. | 8.75%-10.30% p.a. |
| Bank of India | 8.40% p.a onwards | 8.40% p.a onwards | 8.40% p.a onwards |
| TATA Capital | 8.75% p.a. onwards | 8.75% p.a. onwards | 8.75% p.a. onwards |
Conclusion
Credit Dharma is your trusted partner for securing the best Home Loan offers, with over ₹500 Cr+ loans handled and partnerships with 20+ leading banks. We provide exclusive access to the lowest interest rates and a seamless, digital process with fast approvals in just 1-2 weeks, backed by lifetime support from our home loan experts.
Why choose Credit Dharma? We provide:
- Lowest Interest Rates: Save more with every EMI.
- Maximum Funding: Get up to 100% funding for your dream home.
- Simple & Digital Process: No tedious paperwork or branch visits.
- Expert Guidance: Lifetime support from our team of specialists.
Frequently Asked Questions
A household consisting of husband, wife and unmarried children that does not already own a pucca (all‑weather) house anywhere in India. Adult earning members can be treated as separate households.
– EWS: ≤ ₹3 lakh p.a.
– LIG: ₹3‑6 lakh p.a.
– MIG I: ₹6‑12 lakh p.a.
– MIG II: ₹12‑18 lakh p.a.
Yes. At least one female member must be an owner or co‑owner of the house bought under PMAY‑U 2.0.
No. Prior benefit under PMAY or any other Central housing scheme disqualifies you.
– EWS/LIG: 6.5 % on loan up to ₹6 lakh
– MIG I: 4 % on ₹9 lakh
– MIG II: 3 % on ₹12 lakh
The effective saving over 20 years can reach about ₹2.67 lakh (EWS/LIG) or ₹1.8 lakh (MIG).
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