Why Choose SuGanta for Axis Bank Home Loan?
SuGanta brings you a seamless, convenient platform to apply for Axis Bank home loans. We ensure your process is simplified with:
1. Expert Guidance: Assistance throughout the loan application process.
2. Updated Information: Get real-time updates on Axis Bank’s home loan interest rates, eligibility, and required documents.
3. Best Deals: Leverage exclusive offers and reduced rates available through our partnership with Axis Bank.
Required Documents for Axis Bank Home Loan
For Salaried Individuals:
- Application Form: Completed and signed.
- ID Proof: Aadhaar, Passport, Voter ID, or Driving License.
- Address Proof: Aadhaar, Passport, or Utility Bills (Electricity, Telephone, Gas).
- Date of Birth Proof: Passport, PAN Card, or Birth Certificate.
- Income Proof: Last 3 months' pay slips, last 6 months' bank statements showing salary credits, and Form 16 for the past 2 years.
For NRI (Salaried Individuals)
- Basic Documents: Same as salaried individuals above.
- Additional Documents: Any other supporting documents as requested, such as recent photographs, signature verification, or specific forms required by the institution.
- Employment Proof: Contract or Appointment Letter.
- Passport & VISA: Valid passport copy and VISA.
- Credit Report: Overseas credit report.
- Bank Statements: Last 6 months' international and domestic bank statements.
For Self-Employed Individuals
- Application Form: Completed and signed.
- ID Proof: Aadhaar, Passport, Voter ID, or Driving License.
- Address Proof: Aadhaar, Passport, or Utility Bills (Electricity, Telephone, Gas).
- Date of Birth Proof: Passport, PAN Card, or Birth Certificate.
- Financial Statements: Income Tax Returns (ITR) for the past 2 years, along with the Profit & Loss statement and Balance Sheet, both signed by a CA.
- Bank Statements: Last 6 months for personal and business accounts.
Axis Bank Home Loan Tax Benefits
Maximize your savings with Axis Bank Home Loans through exclusive tax benefits available to homeowners.
1. Section 80EE Deduction for First-Time Homeowners: First-time homebuyers can save an additional ₹50,000 annually on home loan interest, making homeownership more affordable.
2. Section 24(b) Tax Deduction on Interest for Self-Occupied Property: Deduct up to ₹2 lakh per year on home loan interest for a self-occupied property, reducing your taxable income and enhancing savings.
3. Unlimited Deduction for Rented Property: For properties rented out, the interest paid on the home loan is fully deductible, allowing you to maximize your tax benefits on rental properties.
4. House Rent Allowance (HRA) Exemption Under Section 10(14): Residents of rented properties can claim a tax exemption on House Rent Allowance (HRA), helping them save more while enjoying rental accommodation.
Axis Bank home loans offer attractive tax-saving options, making it easier to manage EMIs while benefiting from tax reductions.
Axis Home Loan EMI Calculator
Use SuGanta’s Axis Home Loan EMI Calculator to estimate your monthly payments. Simply enter your loan amount, interest rate, and preferred tenure, and get an immediate overview of your repayment plan.