|Axis bank loan against property is a unique feature of availing extra funds for any of your personal uses. Your most priced possession – your house can be of a great help when you require some extra cash. Going for a loan again, would mean following all the rules and regulations set by the bank and also its limitations. But, when you have your own house, then why not make good use of it. Axis bank gives you the opportunity of generating money from your own assets.
Axis bank loan against property is also called Axis bank asset power. The bank offers you loan against any property owned by you. This property can either be commercial or residential. It is not necessary that you apply for this loan only for needs other than housing; instead this loan is applicable even if you wish to invest for a new property. Axis bank also gives you the facility of refinancing your existing loan with its feature – asset power.
Attractive features of Axis bank loan against property
In order to apply for the Axis bank asset power or loan against property, you will have to log on to the bank's official website and fill in an application form. You will have to fill in your personal details such as name, email id and contact details, such as telephone number and address. You must agree that all the details filled in by you in the application form is true to your knowledge. The loan approval will only be made only after the bank verifies your income proof, contact details, age and other necessary documents. All the information provided by you to the bank will be kept confidential.
- Competitive and affordable interest rate is charged on loan applied on any property
- It also transfers your balance amount with the help of additional finance
- It gives you service at your doorstep, which means, you can avail loan against property at your home as the bank loan officials will contact you at your convenience
- Facility of LRD – Lease Rental Discounting is given which means, it gives you attractive discounts if your house is on lease or on rent
- You can avail Axis bank loan against property for buying a commercial property.asp
- Axis bank loan against property can also be availed for buying a residential property such as a house or a flat or an apartment
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