Deutsche Bank Personal Loan - Frequently Asked Questions

What is the tenure for which I can avail a Personal loan?

We offer you a flexible tenure ranging from 12 to 60 months. For more features of Axis Bank Personal Loans, please click here.

Do I need to pay a fee to apply for an Axis Bank Personal Loan?

Yes, banks charge a non-refundable processing fee for every Personal Loan application. The processing charge to avail of an Axis Bank Personal Loan ranges between 1.5% to 2% of the loan amount plus service tax as applicable.

Are there any charges after I get an Axis Bank Personal Loan?

There may be. To check the schedule of charges associated with transactions, please click here.

How do I keep track of my Axis Bank Personal Loan? For example, how do I get my statements, and repayment schedule?

You may place request for Statement of Account or Repayment Schedule or Interest Certificate in either of the following ways:

What are my different options for making my EMI payments? Is there a preferred one?

You may repay your Personal Loan in any of the following three ways:

We recommend that you opt for either the SI or ECS mode of payment as they are both faster and less prone to error than the use of PDCs.

Can I make part-prepayment towards my Axis Bank Personal Loan? Will any charge be applicable?

Yes, you can make a part-prepayment towards your Personal Loan at your nearest Axis Bank Loan Center. Currently, Axis Bank levies no charge for part prepayment.

How do I update my mobile number and the email address registered under my Personal Loan account?

You may update your mobile number and email address in either of the following ways:

How do I foreclose my Personal Loan? Will there be any charge for the foreclosure?

Before we process a foreclosure, all outstanding dues must be cleared. So we request you to first check for and clear any remaining amount that may be payable towards your Personal Loan by requesting a foreclosure statement from your nearest Axis Bank Loan Center.
Once all outstanding dues have been cleared, please submit a foreclosure request at the Loan Center, and we will begin processing your request.
Currently, Axis Bank levies no charge for pre-closure of a Personal Loan account.

Home Extension Loan is useful when you want to add more space to your existing home. We make it easy for you to extend your existing residential property as per your requirements. You often renovate your home to suit your changing needs. This loan can be used to carry out repairs / improvements within your existing owned residential properties.

Personal loans are taken primarily for fulfilling your personal aspirations such as vacation, a perfect wedding, home renovation or a much desired gadget. In addition to being relatively easy to apply for, personal loans are unsecured loans which means that you don't need any collateral to take this loan. They are one of the simplest form of loans with customer-friendly repayment terms.

A sudden requirement of funds is an unavoidable circumstance of business or personal life. Whether a personal necessity (hospitalization, child's marriage) or a professional one (expanding business operations on a priority basis), every person requires immediate financial backing at key moments.
In this context, it is pertinent to consider an invaluable alternative source of finance known as Loan Against Property (LAP). This is a loan borrowed by placing one's owned property as collateral. The funding may be given by financial institutions after scrutinizing the validity of the said property and its current market value.

Running a business is not easy. You have to constantly think of ways and means to keep it going and growing. As a part of the growth plan, you require financing for expanding operations or to buy new equipment or inventory or simply increase the working capital. To help you with your financing needs we offer Business Loans that will help your business grow.