Here is the full history of Axis Bank along with details about its personal loans:
🏦 Axis Bank – Full History Overview
- Foundation & Background
Founded: 1993 as UTI Bank.
Headquarters: Mumbai, Maharashtra, India.
Rebranded: Renamed to Axis Bank in 2007.
Type: Private sector bank.
- Key Milestones
1994: Started operations with the first branch in Ahmedabad.
2003: Listed on BSE and NSE.
2007: Rebranded to Axis Bank for a modern identity.
2010-2020: Expanded rapidly in India and internationally.
Acquisitions:
Acquired Enam Securities (2010 – investment banking arm).
Acquired Freecharge in 2021 to boost digital payments.
- Current Stats (2024-25)
CEO & MD: Amitabh Chaudhry.
Branches: Over 5,000+ branches across India.
ATMs: Over 12,000+ ATMs.
International presence: UK, Singapore, Dubai, etc.
Services: Retail banking, corporate banking, insurance, credit cards, loans, forex.
💸 Axis Bank Personal Loan Details (2025)
- Loan Amount & Tenure
Loan Amount: ₹50,000 to ₹40 lakhs.
Tenure: 12 to 60 months (1 to 5 years).
- Interest Rate
Range: 10.25% to 21% p.a. (varies based on credit score, income, etc.)
- Eligibility
Age: 21 to 60 years.
Employment: Salaried individuals, self-employed professionals.
Minimum Monthly Income: ₹15,000 (may vary by location).
Work Experience: Minimum 1 year of continuous employment.
- Documents Required
Identity Proof (Aadhaar, PAN, Passport)
Address Proof
Income Proof (salary slips/ITR)
Bank statements (last 3–6 months)
Employment details
- Processing Fees & Charges
Processing Fee: Up to 2% of the loan amount + GST.
Foreclosure Charges: 2% to 5% depending on terms.
- Benefits
Quick online approval.
No collateral required (unsecured loan).
Flexible EMI options.
Pre-approved offers for existing Axis Bank customers.
- How to Apply
Online via www.axisbank.com
Axis Bank mobile app.
Visit nearest Axis Bank branch.
📝 Example: EMI Calculation (₹5 Lakh Loan for 3 Years @ 13%)
EMI Approx
₹5,000
₹10,00,000
Monthly Installment
₹16,936 per month
₹33,872 per month
- Would you like help calculating your EMI or checking eligibility? I can assist with that too.