To access the old website
Click Here
Shubh Aarambh Home Loan
Axis Bank's Shubh Aarambh Home Loan service provides quick and easy loan disbursals with minimum documentation. With the Shubh Aarambh Home Loan, you can take advantage of interest subsidy on qualifying under Pradhan Mantri Awas Yojana Scheme. What’s more, up on maintaining a clean track record, you can be rewarded with 12 EMI waivers. Calculate your EMI and complete the 3 step online application process to get started.
Features & Benefits
Enjoy EMI waivers
12 EMIs waived off* on regular payment of EMIs. 4 EMIs waived off at the end of the 4th, 8th, and 12th years.
Read MoreSelect your ideal home
Home Loans can be used to purchase an under-construction, ready, or resale house, for self-construction, plot plus construction, or home extension and improvement.
Transfer loans to Axis Bank
Move your existing Home Loan to Axis Bank without any trouble.
Avail of doorstep service
Get a Home Loan from the comfort of your home or office.
Pay off your Home Loan with ‘Nil’ prepayment charges
Close the loan early without any prepayment charges. To avail of the waiver benefit, the tenure should not fall below 4 years.
Benefit from quick and transparent processing
Get your Home Loan faster than you expect.
*Terms and Conditions Apply
Interest Rates for Shubh Aarambh Home Loan
Axis Bank offers competitive home loan interest rates ensuing affordibility.
Enjoy EMI waivers
12 EMIs waived off* on regular payment of EMIs. 4 EMIs waived off at the end of the 4th, 8th, and 12th years. Repayment track record should be clean, i.e., only 3 instances where dues are pending for 30 days and above but never over 90 days during the lifetime of the loan. The minimum tenure at the time of disbursement should be 20 years. Loan can also be part paid, as long as the loan tenure does not fall below 48 months (4 years).
Eligibility for Shubh Aarambh Home Loan
Documentation for Shubh Aarambh Home Loan
Great plans start with well-calculated decision
Home Loan EMI Calculator
Calculating your Home Loan EMI is now easier than ever with our user-friendly and efficient Home Loan EMI Calculator. Whether you have a ₹30 lakh home loan EMI for 20 years or a ₹20 lakh home loan EMI for 10 years, use our Home Loan EMI calculator to effortlessly manage your repayments and make your dream home a reality.
3L
5Cr
Your EMI*₹ 1,14,678
Get a call back*Equated Monthly Installment'
Note: To see amortization schedule, please click here.
Total Amount Payable
1,37,621
Home Loan Eligibility Calculator
A place to call our own is an aspiration for most of us. But owning a home requires a lot of planning, given the costs involved. However, with the right kind of financial support, buying your own home is a dream that you can fulfil easily.
Loan Amount
₹ 1,55,455.03
Your credit score matters
Know and improve your credit score to better plan for your future finances.
Know moreImportant Links
Explore important links below for quick access to Shubh Aarambh Home Loan services, including eligibility, EMI calculators, application process, and customer support.
Frequently Asked Questions
Under this scheme, you can avail a Home Loan for purchasing an under construction / ready builder property, resale house, self-construction, plot plus construction, home extension & improvement loans.
Yes the scheme is offered under “Fixed Rate” option.
Loan amount upto 30 lakhs is allowed under this scheme
For loans up to Rs. 30 lakhs – 90% of Documented Cost or Market Value (Whichever is Lower)
The minimum tenure under this scheme is 20 years.
The maximum tenure under this scheme is 30 years for salaried and self-employed customers subject to the age of the borrower not exceeding 60 years or 65 years respectively at loan maturity.
Salaried Customers:
- Application Form with Photograph duly signed by all applicants
- Identity, Residence and Age Proof
- PAN Card Copy
- Last 3 months Salary Slips
- Form 16 / Income Tax Returns
- Last 6 months Bank Statements
- Processing Fee Cheque
- Affidavit, if eligible under Pradhan Mantri Awas Yojana scheme (optional)
Self-Employed Customers:
- Application Form with Photograph duly signed by all applicants
- Identity, Residence and Age Proof
- PAN Card Copy
- Education Qualification Certificate (for professionals only)
- Proof of Business existence
- Last 2 years Income Tax Returns with Computation of Income
- Last 2 years CA certified / Audited Balance Sheet and Profit & Loss accounts
- Last 6 months Bank Statements
- Processing Fee Cheque
- Affidavit, if eligible under Pradhan Mantri Awas Yojana scheme (optional)
Yes, you can switch (if offered by the bank at the time of your request) to a lower interest under this scheme by paying the applicable charges. You will have the option to reduce the EMI or tenure as per your requirement. Please note that any change in the EMI/tenure induced by you will make you ineligible for the EMI waivers.
Yes, you can make prepayments under this scheme with complete flexibility. However, to be eligible under this scheme your loan must be live with us for at least 48 months from the date of first disbursement and part prepayments may result in tenure decrease of your loan if you opt for the same instead of EMI reduction.
Yes. Movement in the base rate/MCLR/Repo Ratein either direction may impact the EMI and/or tenure of your loan. Hence, there may be instances where your tenure may increase or decrease which thereby result in your loan crossing/falling below the minimum requirement of being live for 48 months / 96 months /144 months and making your loan disqualified under the scheme. However, you can ensure that the impact is minimized by not making part prepayments which accelerate the loan tenure reduction.
Yes, if the residual EMIs are less than 4 EMIs, then the residual tenure will be waived off. (subject to no other dues pending)
The waiver benefit will be given to you for only 4 residual EMIs. Under this product, if the residual EMIs are less than 4 EMIs, then the residual tenure will be waived off. (subject to no other dues pending)
Yes, The benefit passes on to you is in the form of reduction in tenure thrice during the tenure of the loan on the completion of 4th, 8th and 12th year from the date of 1st disbursement. In case of any change in EMI amount due to prepayments or fluctuations in Base Rate/MCLR/Repo Rate, the EMIs existing at the time of waiver will be considered.
No, you will not be allowed to do so.
No, As per the terms of the scheme, not more than 3 instances of a customer’s monthly dues pending for 30 days and above are permitted. Similarly, no payment due from the customer must be delayed for 90 days and above at any time during the life of the loan to be eligible under this scheme. Your payments have to Axis Bank have breached the above norms and hence you would not be eligible for the benefit under this product.
Yes, Post 48/96/144 months, if you are eligible for the benefits of the product, you shall be eligible for waiver of 4 EMIs.
Under this scheme, the EMI cycle will remain 5th of every month for all customers. No deviations will be permitted.
The minimum seasoning norm is computed from the date of first disbursement and not from the date of final disbursement.
We regret to inform you that we will not be able to extend the benefit to you under this scheme on account of the delay in your payments beyond 90 days which is a qualifying condition under this scheme.
Loan Application – Submit a completely filled application along with necessary documents
Loan Sanction – An approval for specific loan amount post necessary credit checks on the basis of financial eligibility
Legal & technical appraisal – Legal and technical appraisal of the property
Part Disbursement – Loan disbursement linked to the stage of construction for under construction property
Disbursement – Full Loan disbursal for the completed properties
An Equated Monthly Instalment (EMI) has 2 components: interest and principal. When the interest is calculated on monthly rests, the principal on which the interest is charged goes down every month. This results in significant savings for the customer over the tenure of the loan.
You may download the provisional certificate from our website under Home Loan section. Alternatively, you may apply for the same by submitting your application to your nearest Loan Center/Branch. The Final Interest certificate shall be mailed to your last known address once a year by the Bank. The Provisional certificate is also available in Axis Mobile App - you need to login with your credentials and click on loan details in order to generate the provisional certificate, the same will be sent to your registered email id.
Axis Bank's PAN is AAACU2414K and its registered office address is Axis Bank Limited, TRISHUL, Third Floor, Opp. Samartheshwar Temple, Nr. Law Garden, Ellisbridge, Ahmedabad - 380 006
For every disbursement request, you would have to come to nearest Axis Bank Loan center with the builder demand letter and other supporting documents including disbursement request form. On the basis the appraisal of the stage of construction of the property, the bank would disburse the funds.
From customer ease perspective, most of our customers today opt for Standing Instructions or Electronic Clearing Services and we too promote the same in centers where this facility is available. PDC’s are acceptable in the centers where ECS is not available.
Pending final disbursement, you pay interest on the portion of the loan disbursed. This interest is called pre-EMI interest. Pre-EMI interest is payable every month from the date of each disbursement up to the date of commencement of EMI.
No, you will not be eligible to take a loan under the Shubh Aarambh Home Loan scheme.
No, the option of switching is not applicable here.
No, you will not be eligible for a switch to the Shubh Aarambh Home Loan scheme to avail a waiver benefit.
Yes, beneficiary can avail a longer term beyond 20 years as per Axis Bank credit norms but the subsidy will be restricted to a max term of 20 years
Any pre-payment/excess amount paid by you to the Bank; shall be appropriated in the loan account basis the below criteria/methodology in the absence of any specific instructions from you:
- Excess amount greater than (>) EMI: If service request (SR) for part payment is not created/received within 2 days of receipt of funds, the excess funds will be adjusted towards principal outstanding as part payment.
- Excess amount equal to (=) EMI: If service request (SR) / instructions for part payment is not created/received on same day of receipt of funds, excess amount will be refunded to your operative account.
- Excess amount less than (<) EMI: Excess amount will be kept unappropriated in the Loan account for 15 days. Post 15 days, the excess funds shall be adjusted towards principal outstanding as a part payment.
- Excess amount equal to (=) or greater than (>) foreclosure / pre-closure amount : In case no instructions are placed by you at the Loan Centre / Phone Banking within 3 working days from the date of credit in Loan account and:
- Excess amount is equivalent (=) to the foreclosure amount, Loan account will be proactively closed by the Bank.
- Excess amount is greater than (>) the foreclosure amount, adjustment in Loan account would be as follows:
- If excess amount is up to INR 20,000, Loan account would be closed by the Bank and after closure, excess funds would be credited to the Loan repayment account.
- If excess amount is greater than INR 20,000, the Bank will connect with you telephonically for verification of payment. Alternatively, you may connect with the Bank on 18604195555 to confirm the credit adjustment in your Loan account.
- Excess amount less than (<) the foreclosure amount: In case no instructions are placed by you at the Loan Centre / Phone Banking within 3 working days from the date of credit in Loan account, then excess amount will be adjusted against the outstanding principal, leaving an amount equivalent to one EMI for forthcoming EMI presentation. However, in case you would like the entire amount to be adjusted against the outstanding principal, please place a request at Phone Banking / Loan Centre at the earliest.
Note: Part Payments can be done for EMI waiver product (Shubh Aarambh Home Loan / Fast Forward Home Loan). However, to be eligible under this scheme, your loan must be active with us for at least 48 months / 120 months respectively from the date of first disbursement.
Kindly ensure that the loan tenure does not fall below the specified tenure of 48 / 120 months. Any breach of the specified qualifying condition will result in disqualification from the EMI Waiver scheme.
Related Products
Learning Hub
Look through our knowledge section for helpful blogs and articles.
Copyright@ 2025 Axis Bank