Axis · private bank
Axis Bank home loan interest rate today
Axis Bank publishes home loan interest rates from 8.00% for new loans (checked 19 Oct 2026). Its floating rate follows the RBI repo rate, now 5.50%. To move an existing loan to a lower rate with Axis, the fee is about ₹29,500 with GST on a ₹50 lakh loan, an estimate from cleartax.in, not confirmed by Axis.
Checked 19 Oct 2026 · Axis's rate page
- Rate for new loans
- From 8.00%
- On Axis's site
- RBI repo rate
- Follows it
- Repo now 5.50%
- Fee to lower rate
- ₹29,500 est.
- ₹50 lakh loan, with GST
- Checked
- 19 Oct
- 2026
Rates for new loans
- CIBIL score 751 and above (REPO + 2.50% to REPO + 3.35% (8.00% to 8.85%); the range covers all variants (Super Saver, QuikPay, Shubh Aarambh, Fast Forward, plot loans))8.00%
- CIBIL score 750 and below, or no credit history (REPO + 2.70% to REPO + 3.60% (8.20% to 9.10%))8.20%
Source: axis.bank.in · checked 19 Oct 2026 · from the official website
How the rate moves
Axis's floating home loan rate follows the RBI repo rate through its Repo-linked, so it moves when the RBI changes the repo rate.
How to ask Axis for a lower rate
If you already have a loan with Axis, you can ask it in writing to move you to its current rate. It is a request, and the lender decides.
- Raise a request through Axis Support (Loans, Home Loan, rate reduction) or at an Axis loan centre.
- If your loan is still on MCLR, ask to be moved to the repo-linked rate at the same time.
- Ask for written confirmation of the fee and an SR number.
These steps are what borrowers report; Axis's own site does not set them out. Ask your branch to confirm.
The fee: about ₹29,500 with GST on a ₹50 lakh loan (an estimate). Higher floating to lower floating: 0.5% of the outstanding principal, minimum ₹10,000, plus GST (aggregator figure; not confirmed on the bank's site).
Source: cleartax.in · checked 18 Oct 2026 · from a comparison site, not the official site
Paying off early
For loans sanctioned or renewed on or after 1 January 2026, no bank, NBFC or housing finance company may charge for part or full pre-payment of a floating-rate loan taken by an individual for non-business purposes, whatever the source of funds and with no lock-in. Older floating-rate home loans were already protected by RBI's 2012 and 2014 circulars (banks) and NHB directions (HFCs). Any charge not written in your sanction letter or Key Facts Statement cannot be levied.
Where to complain
Complain to Axis first and keep the reference number it gives you.
If there is no reply within 30 days, or the reply does not satisfy you, you can complain to the RBI Ombudsman for free within 90 days after that (or after the lender's last reply, if later): online at cms.rbi.org.in, by email to [email protected], or by post.
After Axis, the next step is the RBI Ombudsman. It is free and you do not need a lawyer.
Questions people ask
What is Axis Bank's home loan interest rate today?
Axis Bank publishes home loan interest rates from 8.00% for new loans (checked 19 Oct 2026). The rate you get depends on your credit score and loan, and Axis decides the final rate.
Does Axis Bank's home loan rate change when the RBI changes the repo rate?
Axis's floating home loan rate follows the RBI repo rate through its Repo-linked, so it moves when the RBI changes the repo rate.
How do I get a lower rate on my existing Axis Bank home loan?
Ask Axis in writing to move your loan to its current rate. Raise a request through Axis Support (Loans, Home Loan, rate reduction) or at an Axis loan centre. If your loan is still on MCLR, ask to be moved to the repo-linked rate at the same time. Ask for written confirmation of the fee and an SR number. The fee is about ₹29,500 with GST on a ₹50 lakh loan, an estimate from cleartax.in, not confirmed by Axis. A lower rate is a request: the lender decides.
Can Axis Bank charge me for paying off my home loan early?
No, not on a floating-rate home loan. For loans sanctioned or renewed on or after 1 January 2026, no bank, NBFC or housing finance company may charge for part or full pre-payment of a floating-rate loan taken by an individual for non-business purposes, whatever the source of funds and with no lock-in. Older floating-rate home loans were already protected by RBI's 2012 and 2014 circulars (banks) and NHB directions (HFCs). Any charge not written in your sanction letter or Key Facts Statement cannot be levied.
Where do I complain if Axis Bank does not reply?
Complain to Axis first through its complaints page ([email protected]). If there is no reply within 30 days, or the reply does not satisfy you, you can complain to the RBI Ombudsman for free within 90 days after that (or after the lender's last reply, if later): online at cms.rbi.org.in, by email to [email protected], or by post.
Compare with other lenders
Moving your loan to Axis from another lender: a processing fee of about ₹59,000 with GST on a ₹50 lakh loan, an estimate from cleartax.in, not confirmed by Axis, plus stamp duty in some states.
Words on this page
- RBI repo rate:
- the rate the Reserve Bank of India sets for lending to banks. Many home loan rates move with it.
- MCLR:
- an older kind of bank rate, set from the bank's own cost of money. It moves more slowly than a repo-linked rate.
- SR number:
- service request number: the reference the bank gives your request. Keep it.
- CIBIL score:
- your credit score from TransUnion CIBIL, from 300 to 900. A higher score usually gets a lower rate.
- GST:
- Goods and Services Tax: 18% on bank fees.