I wanted to avail of a home loan but was not sure from which bank should I avail it. I decided to choose either Axis or HDFC so asked a banking friend to suggest between Axis Bank vs HDFC bank home loan which is better. I remember him citing several aspects but I only remember a few. I would like to share here for your aid.
What are the HDFC vs Axis Home Loan Differences?
Both HDFC and Axis Bank are renowned banks in India so you can avail home loan from any of these banks. Here are some features between home loan Axis Bank vs HDFC that will surely help you decide availing home loan from which bank will be better for you:
Banks |
HDFC Bank |
Axis Bank |
Interest Rate |
8.75% to 9.65% |
8.75% to 9.65% |
Loan Period |
Maximum 30 years |
Maximum 30 years |
Age Limit |
Between 18 and 70 years |
Between 21 and 65 for salaried and between 21 and 65 for non-salaried |
Maximum Loan Amount |
Up to Rs 15 crore |
Up to Rs 5 Crore |
Processing Fees |
Rs 3000 + GST |
1% of the loan amount + GST or a minimum of Rs 10,000 |
So these are some of the major aspects of Axis Bank and HDFC Bank. You can visit these banks’ portals to learn more details about them and then decide from where you want to avail of the loan.
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Which is Better Axis Bank vs HDFC Bank Home Loan?
Javed
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2024-06-12T08:59:28+00:00 2024-08-06T15:07:06+00:00Comment
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