What is Axis Bank Plot Loan Interest Rate?

My brother was planning to buy a plot to build his house before he retired. However, he did not have the funds to buy a plot so he applied for a Shubh Aarambh Home Loan from Axis Bank. I can tell you the Axis Bank plot loan interest rate for all the kinds of plot loans that they offer.

What is Axis Bank Land Purchase Loan Interest Rates?

Axis Bank offers three kinds of loans that offer loans for a plot plus the construction of a house on the plot. After carefully considering all three loans, my brother decided to go with Shubh Aarambh Home Loan. However, I will tell you the interest rates of all three loans in the table below.

Bureau Score	No Hit	<700	700 to 750	750 and Above
Vanilla Salaried (Home loans including plots)	9.30%	9.65%	9.50%	8.75%

Apart from plot loan Axis Bank interest rate, I will also tell you the purpose of the plot loans offered by Axis Bank so that you can choose the best one for yourself.

• Shubh Aarambh Home Loan:

You can benefit from an interest subsidy with the Shubh Aarambh Home Loan provided you meet the requirements of the Pradhan Mantri Awas Yojana Scheme.

• Fast Forward Home Loan:

You can use your combined salary to get the maximum loan amount with the Fast Forward Home loan. You also get 12 EMIs for loans that are serviced for longer than ten years.

• Asha Home Loan:

With this loan, you can borrow up to Rs. 35 lakh at a reasonable interest rate. There is a waiver of 12 EMIs, longer loan terms, and a tailored loan depending on your banking history. Knowing Axis Bank plot loan interest rate is important, but so is knowing the loan tenure, eligibility and the purpose of a loan. I hope now you know all of this. Get Up To 75% Funding for Land Loans via NoBroker. Read More: Which Bank is Best for Plot Loan?