AXIO Loan

Features & Benefits of AXIO Loans

AXIO Personal Loan offers a flexible, user-friendly digital solution for personal financing needs, offering you various features and benefits, these are:

• Loan amount: AXIO offers flexible loan amounts ranging from ₹30,000 to ₹4,00,000.
• Pre-EMI: Pre-EMI is where the interest is charged from the loan booking date to the first EMI start date and deducted from the loan amount at disbursal.
• Processing Fee: A 2% processing fee (excluding GST) will be deducted from the loan amount.
• Auto-Debit Setup: When applying for an AXIO personal loan, you must set up an auto-debit facility via Net Banking or Debit Card for EMI payments. However, an SMS link is also provided for manual payments.
• Pre-Closure: There are no pre-closure charges, but loans can only be pre-closed after six months from the first EMI date.
• Part Prepayment: The part prepayment is allowed after six months, with a maximum of 20% of the principal outstanding, and can only be done once every six months post-lock-in.
• Digital Application Process: The application process is completely digital making it easier and convenient for you.
• Customer Service: You can contact AXIO through email at ask@axio.co.in or by calling 080 6807 5001.
• Grievance Redressal: You can also reach out to AXIO’s Nodal Grievance Redressal Officer and the Sachet Portal for lodging any complaints.
• Privacy Policy: User data is handled as per AXIO’s Privacy Policy, ensuring compliance with data storage guidelines.

Compare AXIO Loans With Other NBFCs

Many NBFCs also offer personal loans at competitive interest rates, comparing AXIO and other NBFCs can help you find the best loan terms that suit your financial needs. Here are the other lenders along with their respective interest rates:

You can also check out more personal loan options based on the loan amounts below:

Steps to Apply for AXIO Loan

You can easily apply for an AXIO loan through a simple online process, here are the steps you can follow:

Step 1: Log in to AXIO Account through the mobile app or website.

Step 2: Go to the personal loan section and choose the loan amount you wish to apply for.

Step 3: Complete KYC Verification through the CERSAI portal or Aadhaar-based eKYC.

Step 4: Upload or provide all the necessary documents such as PAN card and proof of address. AXIO may conduct a field investigation to verify your address.

Step 5: Carefully review the loan terms, including the interest rate, processing fee (2% plus GST), and pre-EMI charges before agreeing to the terms and conditions before proceeding.

Step 6: Once you agree to the terms and conditions, you can set up an auto-debit facility via Net Banking or Debit Card for EMI payments.

Step 7: Once you complete all the steps, the loan amount will be disbursed into your bank account.

Steps to Apply for a Personal Loan with Buddy Loan

You can also apply for a personal loan through Buddy Loan, here are the steps that you can follow:

Step 1: Visit buddyloan.com or Download & install the Buddy Loan app (Android or iOS).

Step 2: Open the Personal Loan Application Page. Provide your mobile number and enter the OTP received.

Step 3: Specify the amount you wish to borrow.

Step 4: Enter your personal email.

Step 5:Select ‘Personal Loan’

Step 6:Choose from Salaried, Self-Employed, or Student.

Step 7: Indicate if your salary is deposited in the bank or received in cash.

Step 8: Fill in details like Company Type, Name, Address, Years in the current job, and Designation.

Step 9: Input your Date of Birth, Gender, Highest Qualification, PAN Number, First Name, and Last Name.

Step 10: Specify residence type, Years at the current address, and your address Pincode.

Step 11:Provide monthly income, select the preferred bank for the loan, and opt for a Credit Card if needed.

Step 12:Click the ‘Submit’ button to send your personal loan application.

Want to know more? You can check more on different loan types available by various lenders from the table below: