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Q.

Which is Better Axis Bank vs HDFC Bank Home Loan?

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1 Answers

7 months

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0 2024-06-12T09:51:30+00:00

I wanted to avail of a home loan but was not sure from which bank should I avail it. I decided to choose either Axis or HDFC so asked a banking friend to suggest between Axis Bank vs HDFC bank home loan which is better. I remember him citing several aspects but I only remember a few. I would like to share here for your aid.

What are the HDFC vs Axis Home Loan Differences?

Both HDFC and Axis Bank are renowned banks in India so you can avail home loan from any of these banks. Here are some features between home loan Axis Bank vs HDFC that will surely help you decide availing home loan from which bank will be better for you:

Banks 

HDFC Bank 

Axis Bank

Interest Rate 

8.75% to 9.65%

8.75% to 9.65%

Loan Period 

Maximum 30 years 

Maximum 30 years 

Age Limit 

Between 18 and 70 years 

Between 21 and 65 for salaried and between 21 and 65 for non-salaried

Maximum Loan Amount 

Up to Rs 15 crore 

Up to Rs 5 Crore 

Processing Fees 

Rs 3000 + GST

1% of the loan amount + GST or a minimum of Rs 10,000

So these are some of the major aspects of Axis Bank and HDFC Bank. You can visit these banks’ portals to learn more details about them and then decide from where you want to avail of the loan.

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