Thursday, December 2, 2010

AXIS BANK CONSUMER LOAN

Consumer Power
Easy and affordable
consumer loans
Need to turn your house
into a home?
Axis Bank's Consumer
Power scheme will help
you acquire the consumer
durables you need. Because
we know it takes a lot
more than four walls to
make a home. A new TV, a
washing machine, a
refrigerator or an AC... the
possibilities are endless.
Terms
You can apply for as little
as Rs 25,000, or as much as
Rs 2 lacs. The maximum
loan amount cannot
exceed 85% of the cost of
the durable, or 12 times
your net monthly salary (or
equivalent of net annual
income for self-employed
persons), whichever is
lower. You are charged a
competitive interest rate,
and you can choose to
repay your loan in 12, 24 or
36 Equated Monthly
Installments. If you are a
salaried employee, your
Equated Monthly
Installments will be
collected directly from
your employer under the
check-off facility. For
others, post-dated cheques
will be collected.
More information
Overview
Eligibility

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