Axis Bank Personal Loan for Lawyers

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Thejus KS
Thejus KS
A mechanical engineer turned history buff with a sprinkle of financial brilliance. Thejus’s expertise comes with a unique blend of engineering precision, timelines, and the power of numerals. He knows that numbers are the pulse of our globe. Attention to detail and extensive research are the key elements of his writing.
Reviewed By
Amit Prakash Singh
Amit Prakash Singh
Co-Founder, Square Yards & Chief Business Officer, Urban Money
Amit Prakash Singh is the Chief Business Officer at Urban Money. With over nine years of experience at Square Capital, he has played a crucial role in establishing it as one of India's premier loan advisory services. Amit's deep financial insights and extensive knowledge have driven significant business growth and strategic advancements. He has successfully built and managed large sales teams, optimised costs, and created leaders within the industry. Amit's financial expertise and strategic vision are key to the ongoing success and expansion of Square Yards and Urban Money.

Axis Bank offers specialised personal loans for lawyers. This loan is designed to meet the specific financial needs of lawyers, whether they are starting their practice, expanding their firm, or need additional funds for personal expenses. With attractive interest rates, flexible repayment options, and quick loan disbursal, the bank ensures that lawyers can easily access the necessary funds. The loan amount can range from a few lakhs to crores, depending on the borrower’s eligibility criteria. Additionally, Axis Bank provides exclusive offers and discounts on processing fees for lawyers, making it even more affordable. The application process is simple and can be done online or at any Axis Bank branch. With the Axis Bank Personal Loan for Lawyers, legal professionals can provide financial support to achieve their personal and professional goals.    

Axis Bank Personal Loan for Lawyers – Highlights

Below are the highlights of an Axis Bank Personal Loan for lawyers. 

Features  Details 
Loan Amount  Upto 40 Lakhs 
Loan Tenure  12 months to 84 months 
Interest Rate (p.a) 10.49% (p.a)
Collateral No collateral required 
Application Process Online application available 

Apply based on eligibility

Compare Axis Bank Loan for Lawyers from other Banks

The table below compares Axis Bank personal loans for lawyer’s interest rates with other lending institutions. 

Bank Interest Rate Loan Amount Loan Tenure Processing Fee
Axis Bank 11.25% to 21.00% p.a. Rs. 3 lakhs to Rs. 35 lakhs 12 months to 60 months Up to 2% of the loan amount plus GST
HDFC Bank 10.50% to 25.00% p.a. Rs. 50,000 to Rs. 40 lakhs 12 months to 60 months Up to 4999 plus GST
DBS Bank 10.99% to 23.99% p.a. Rs. 1 lakh to Rs. 25 lakhs 12 months to 60 months Up to 3% of the loan amount plus GST
Money View 16.00% to 36.00% p.a. Rs. 10,000 to Rs. 5 lakhs Three months to 60 months 2.5% to 6% of the loan amount plus GST

Axis Bank Personal Loan for Lawyers – Fees and Charges 

With an attractive interest rate of 11.25% p.a., the loan offers flexibility in borrowing between Rs. 3 thousand to Rs. 35 lakhs, depending on your eligibility and repayment capacity. Choose an advantageous tenure from 12 to 60 months. A processing fee, capped at 2% of the loan plus GST, is deducted before disbursement. Enjoy the freedom of partial prepayment or full closure after six EMIs with matching charges.

Axis Bank Personal Loan for Lawyers – Documents Required 

Axis Bank simplifiеs thе procеss furthеr by allowing balancе transfеrs and top-up loans, making it a comprеhеnsivе solution for your financial rеquirеmеnts. Whilе prе-approvеd customеrs rеquirе minimal documеntation, non-prе-approvеd applicants nееd to submit KYC documеnts, proof of incomе, bank statеmеnts, and businеss proof.

Axis Bank Personal Loan for Lawyers – Eligibility Criteria 

Additionally, borrowеrs bеnеfit from thе libеrty of part-prеpaymеnt and forеclosurе aftеr 6 EMIs, offеring grеatеr financial frееdom. The eligibility criteria include a minimum agе of 24 yеars, a maximum agе of 65, a minimum nеt annual incomе of Rs. 2 lakhs, and a businеss tenure of at lеast three yеars.

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