Axis Bank Home Loan Balance Transfer 2025
Make your home loan work smarter for you with Axis Bank’s Home Loan Balance Transfer. Transfer your existing loan to Axis Bank to enjoy lower interest rates, higher loan amounts, and reduced monthly EMIs—all through a simple and hassle-free process.
Axis Bank Home Loan Balance Transfer
Struggling with high interest rates on your home loan? An Axis Bank Home Loan Transfer could be the perfect solution. With interest rates starting at just *8.75% p.a.**, you can lower your monthly EMIs and save on interest.
Axis Bank offers flexible options to suit your needs. While transferring your balance, you can also avail a top-up loan of up to ₹50 lakh, with a minimum loan amount of ₹3 lakh. The processing fee is capped at 1%* of the loan amount, and there are no prepayment charges on floating-rate loans.
Switching through an Axis Bank Balance Transfer Home Loan is simple, cost-effective, and designed to make your home loan more manageable.
Axis Bank Home Loan Balance Transfer – Key Highlights
| Feature | Details |
| Interest Rates | Floating: 8.75% – 12.80% p.a.
Fixed: 14% p.a. |
| Loan Amount | ₹1 lakh – ₹5 crore |
| Repayment Tenure | Up to 30 years |
| Processing Fees | Up to 1% of loan amount (Minimum ₹10,000) + GST |
Axis Bank Home Loan Balance Transfer Interest Rates
The Axis Bank Home Loan Balance Transfer interest rate starts from 8.75% p.a.. The final rate depends on your credit profile and the home loan scheme selected. Here’s a detailed overview:
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Floating Interest Rates – Standard Home Loans
| Applicant Type / Bureau Score | Interest Rate (p.a.) |
| Salaried (Score 751 & above) | 8.75% |
| Self-employed (Score 751 & above) | 9.10% |
| Salaried (Score 700–750) | 9.50% |
| Salaried (Score 700 & above) | 9.65% |
| No Credit History | 9.65% |
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Asha Home Loans
| Category / Type | Interest Rate (p.a.) |
| Cash Salaried (Received in Cash) | 10.55% |
| Bank Salaried (Credited to Bank Account) | 12.80% |
| Self-employed (1 Year ITR) | 11.60% |
| Self-employed (1 Year ITR – Other) | 12.55% |
3. 24×7 Home Loan Top-up
- Interest rates start from 9.75% p.a.
4. Fixed Interest Rates
- Axis Bank offers fixed home loan interest rates at 14% p.a.
Axis Bank Home Loan Balance Transfer Fees and Charges:
| Charge Type | Details |
| Processing Fee | Up to 1%* of the loan amount (minimum ₹10,000) |
| Prepayment Charges | Floating Rate Loans: Nil
Fixed Rate Loans: 2%* of the outstanding principal |
| Penal Interest Rate | 24%* per annum (2%* per month) |
| Cheque Return Charges | ₹500 per instance |
| Switching Fee | Floating to Fixed: 1%* of the outstanding principal (min. ₹10,000)
Fixed to Floating: 2%* of the outstanding principal |
| CERSAI Charges | ₹50 for loans up to ₹5 lakh,
₹100 for loans above ₹5 lakh |
| Stamp Duty | As per actuals |
| Duplicate Statement Issuance | ₹250 per instance |
| Loan Insurance | Mandatory |
Note: Charges are subject to change; it’s advisable to confirm with the NoBroker Home Loan Team before proceeding.
Axis Bank provides top-up home loans up to 30%* of your balance transfer amount to share your home loan’s interest rate. Top-up loans between 30% to 100% follow the Loan against property interest rates. The Axis Bank Home Loan EMI calculator will help you calculate your EMI and savings.
How to Apply for Axis Bank Home Loan Balance Transfer
Existing home loan borrowers can easily transfer their loan to Axis Bank by following these steps:
Visit Axis Bank:
Go to the official Axis Bank website and select ‘Home Loans’ under the Retail section in the ‘Apply Now’ tab. Alternatively, you can visit the nearby Axis Bank branch or Loan Centre and discuss and finalize your home loan terms and conditions with them. You can also use the Axis Bank Home Loan Balance Transfer Calculator available on the site to calculate your potential savings.
Request NOC from Your Current Lender:
After you confirm your home loan terms with the Axis Bank Bank, you will need to give a letter to your current lender asking to close your current home loan account, and also request a No Objection Certificate (NOC).
Submit Documents to Axis Bank:
After receiving the NOC, submit it to Axis Bank along with all required documents to initiate the Axis Bank Loan Transfer process.
Loan Disbursement:
Axis Bank will pay off the outstanding loan balance to your current bank or HFC after verifying the submitted documents. You will receive a foreclosure certificate from your previous lender, which should be submitted to Axis Bank.
Start Repayment with Axis Bank:
Begin paying future EMIs on your Axis Bank Balance Transfer Home Loan as per the revised terms and conditions, which will be based on the applicable Axis Bank Home Loan Balance Transfer interest rate.
Axis Bank Home Loan Balance Transfer – Eligibility Criteria
To avail the Axis Home Loan Balance Transfer, borrowers must meet the following criteria:
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Age: Resident Indians between 21 and 60 years (up to 65 years for self-employed borrowers).
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Employment: Salaried individuals in government or private sectors, professionals such as doctors, engineers, architects, CAs, CS, management consultants, etc., and self-employed borrowers with a valid business and filed IT returns.
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Loan Amount: Minimum loan of ₹3 lakh. The maximum loan depends on the borrower’s repayment capacity.
Documents Required for Axis Bank Home Loan Balance Transfer
To process your Axis Bank Home Loan Transfer, the following documents are typically required:
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All property documents from your existing home loan lender
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Attested copy of the loan statement
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Bank statements of the last 12 months showing EMI payments
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No Objection Certificate (NOC) or consent letter from the existing lender
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Salary slips, Form 16, income statements, and latest IT Returns
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KYC documents (Aadhaar, PAN, Passport, Driving License, Voter ID, etc.)
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Duly filled application form submitted to Axis Bank
Note: Axis Bank may request additional documents based on the borrower’s credit profile and the Axis Bank home loan interest rate for balance transfer applicable to their loan.
How NoBroker Helps You
NoBroker simplifies the Axis Bank Home Loan Balance Transfer process from start to finish — at no extra hassle to you. Here’s how:
- Personalised Loan Assistance: NoBroker’s home loan experts help you compare Axis Bank’s balance transfer offers with other lenders to ensure you get the best deal.
- Quick Eligibility Check: Get instant loan eligibility and EMI estimates using the NoBroker Home Loan Eligibility & EMI Calculator.
- End-to-End Support: From collecting documents to coordinating with Axis Bank and your existing lender, NoBroker handles the entire process for you.
- Faster Approvals: NoBroker’s direct tie-ups with Axis Bank ensure faster application processing and quicker disbursement.
- No Hidden Charges: Transparent assistance with no unnecessary service fees or middlemen.
With NoBroker Home Loan Services, transferring your home loan to Axis Bank becomes smooth, quick, and completely stress-free — helping you save both time and money while securing better loan benefits.
Conclusion
Axis Bank home loan balance transfer helps reduce your monthly EMI burden with competitive interest rates that start from 7.90%* p.a. The flexible loan terms extend up to 30 years, and the top-up loan facility makes this option a great choice for Indian homeowners who want to optimize their existing home loans.
The transparent fee structure enhances this financial product’s appeal with a 1%* processing fee cap and zero prepayment charges on floating-rate loans. Women borrowers receive special interest concessions, while daily reducing balance interest calculations ensure maximum value from your balance transfer.
