Unsecured Loan

High-value unsecured loan :

Unsecured Loans that do not require you to pledge collateral. This gives you access to higher loan amounts without worrying about the loan sanction limit, which would otherwise depend on the collateral value.

Flexible repayment plans:

Unsecured Personal Loans usually offer a longer repayment tenure, which gives you the flexibility to manage your finances and plan according to your affordability. Axis Bank's unsecured Personal Loans offer loan tenures ranging from 12 months to 84 months, so you can choose what is best for you.

Online account:

You can track the EMIs, other progressions, and details of your unsecured loans online by visiting your customer portal. This gives you 24x7 access to the information you need without visiting or contacting your bank for updates.

Lower EMIs with flexi options:

Unsecured loans allow you to pay interest-only EMIs at the initial part of your tenure, which lowers your monthly payments. However, it is important to check these charges beforehand to ensure affordability. Click here to check your loan EMIs with Axis Bank.

Pre-approved offers:

You can streamline the application process by providing your name and contact information to your bank and accessing pre-approved offers. This simplifies the procedure, enables quicker access to various services or products, and saves you time and effort in the process.

Types of unsecured loans:

Revolving Loan

A Revolving Loan allows you to borrow, repay, and borrow again within a preset credit limit. You can partially or fully use your limit, and it gets restored after repayment. An example of a Revolving Loan is your Credit Card.

Term Loan

With a Term Loan, you receive a lump sum at a fixed interest rate that you repay in regular instalments over a set period. This is ideal for major purchases that require higher funds.

Consolidated Loan

A Consolidated Loan helps you combine multiple debts into one, easing payments and potentially lowering interest, offering relief during financial crunches.