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Axis Bank Waives Off 12 Month EMI for House Loan

This innovative offer by Axis bank is really a path breaking offer where it is going to waive of your last 12 EMIs waived off at no extra cost by paying your EMIs regularly!  Just make sure that your repayment track record is clean, i.e., only 3 instances where dues are pending for 30 days and above but never over 90 days during the life of the loan. The minimum tenure at the time of disbursement needs to be 20 years. You can also part pay your loan, as long as the loan tenure does not fall below 180 months.

Documentation required to avail the offer is as shown in the screenshot below:

Documentation required to avail the offer

Rate of interest for scheme for home loan is as shown below for disbursements upto 31 Mar 2013.

Rate of interest

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