Home Loan Eligibility

🏠 Home Loan Eligibility Criteria

Find out if you qualify for a home loan based on standard criteria from top financial institutions.

Age	18 - 70 years
Credit Score	650 and above is considered a “good score”
Monthly Income	Minimum ₹25,000 (varies by lender)
Nationality	Indian Residents, NRIs & PIOs
Loan-to-Value Ratio	Up to 90% of property value

Documents Required for Axis Home Loan

Fully completed application for Home Loan
Loan applicant’s Passport size photographs
Identification Proof (Any one): Driving License, Passport, Aadhar Card and Voter I Card
Age Proof (Any one): PAN Card, Passport, Driving license, Birth Certificate, 10th class Marksheet and Bank Passbook
Residence Proof: Utility Bill (Electricity, Telephone, Water, Gas Bill/Slip), Aadhar card, Voter ID card, LIC Policy slip, Ration Card and Letter of Public authority verifying the applicant’s address
Proof of Income (For Salaried): Last 2 Months Payslip, Form 16, Increment or Promotion Letter, IT returns of the last 3 years, Investment proofs such as Fixed Deposits, Shares, etc.
Proof of Income (For Self-employed): Business License details (or any other equivalent document), Last 3 years IT returns, Balance Sheet & Profit and Loss Statement of Firm/ Company (attested by a CA), Professional Practice License (For Doctors, Lawyers, Consultants, etc.), Registration Certificate of Establishment (For Shops, Factories, etc.) and Proof of Business Address.

Axis Home Loan Processing Fee & Other Charges

Processing fee: Axis Home loan processing fee starts from 0% and goes up to 0.50%.
Prepayment charges: Axis offers zero prepayment charges for floating rates.
CERSAI Registration Fee: ₹50 (upto ₹5 lakh) & ₹100 (above ₹5 lakh)

🏠 Home Loan Eligibility Criteria