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Home / Finance / Home Loan / What is Axis Bank Plot Loan Interest Rate?
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What is Axis Bank Plot Loan Interest Rate?

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0 2024-08-01T11:31:58+00:00
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The Axis Bank plot loan interest rate starts from 8.75% p.a. I had availed a plot loan through them hence I can share the details with you. It varies based on your Bureau score so let me share the interest rate as per the Bureau score here.

What is the Axis Plot Loan Interest Rate?

The plot loan interest rate in Axis Bank has already been shared by Riya, yet let me repeat it in brief here:

Bureau score

No Hit 

<700

700 to 750

751 and above 

Vanilla Salaried (Home Loans including Plot)

9.30%

9.65%

9.50%

8.75%

You can visit the

Axis Bank

official website and find more details about the plot loan Axis Bank interest rate.

Do remember that a plot loan is a sub-part of a home loan. This loan is available to buy lands to construct a house. If you want to apply for one, you will have to

  • Visit the

    Axis Bank Home Loan portal

  • Tap on the Apply Now option

  • Choose whether you are an existing customer or a new one

  • Enter mobile number, state, email ID, name and other details

  • Provide the Captcha code correctly 

  • Click on the checkbox against: I authorize Axis Bank….

  • Tap on submit and your loan application will be processed

I hope you have understood everything about plot loans, if not you can visit Axis Bank’s official website or any of their branches.

Get Your Home Loan Disbursed by Axis Bank on Priority through NoBroker 

Read More:

How to Reduce Home Loan Interest Rate in Axis Bank?

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0 2024-03-06T12:00:06+00:00
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My brother was planning to buy a plot to build his house before he retired. However, he did not have the funds to buy a plot so he applied for a Shubh Aarambh Home Loan from Axis Bank. I can tell you the Axis Bank plot loan interest rate for all the kinds of plot loans that they offer.

What is Axis Bank Land Purchase Loan Interest Rates?

Axis Bank offers three kinds of loans that offer loans for a plot plus the construction of a house on the plot. After carefully considering all three loans, my brother decided to go with Shubh Aarambh Home Loan. However, I will tell you the interest rates of all three loans in the table below.
Bureau Score No Hit <700 700 to 750 750 and Above
Vanilla Salaried (Home loans including plots) 9.30% 9.65% 9.50% 8.75%
Apart from plot loan Axis Bank interest rate, I will also tell you the purpose of the plot loans offered by Axis Bank so that you can choose the best one for yourself.
  • Shubh Aarambh Home Loan:
You can benefit from an interest subsidy with the Shubh Aarambh Home Loan provided you meet the requirements of the Pradhan Mantri Awas Yojana Scheme.
  • Fast Forward Home Loan:
You can use your combined salary to get the maximum loan amount with the Fast Forward Home loan. You also get 12 EMIs for loans that are serviced for longer than ten years.
  • Asha Home Loan:
With this loan, you can borrow up to Rs. 35 lakh at a reasonable interest rate. There is a waiver of 12 EMIs, longer loan terms, and a tailored loan depending on your banking history. Knowing Axis Bank plot loan interest rate is important, but so is knowing the loan tenure, eligibility and the purpose of a loan. I hope now you know all of this. Get Up To 75% Funding for Land Loans via NoBroker. Read More: Which Bank is Best for Plot Loan?

Shifting, House?

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✔

Safe Relocation

✔

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✔

Timely Pickup & Delivery
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Intercity Shifting-Upto 25% Off

Check Prices

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Intracity Shifting-Upto 25% Off

Check Prices

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City Tempo-Upto 50% Off

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Riya Sinha

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