The Axis Bank is the third largest private Bank in India. Its headquarters are based in Mumbai. Axis Bank has achieved a reputation for being the most customer friendly Bank.
Founded in 1993 as the UTI Bank its first branch was inaugurated by Dr Manmohan the Finance Minister of India in 1994 at Ahmadabad. The Bank was promoted jointly by the Administrator of the Unit Trust of India (UTI) , Life Insurance Corporation of India (LIC), General Insurance Corporation, National Insurance Company, The New India Assurance Company, The Oriental Insurance Corporation and United India Insurance Company.
The Axis Bank took shape after its merger & amalgamation with the Global Trust Bank. In 2004 the RBI put Global Trust into moratorium and supervised its merger into Oriental Bank of Commerce.
Today the bank has 2,959 branches, 12,743 ATMs and nine international offices. The Bank offers the entire spectrum of financial services to customer segments covering Large and Mid-Corporate, MSME, Agriculture and Retail Businesses.
‘Deepika Padukone’, a Bollywood actress is the brand ambassador of Axis Bank
WHY AXIS BANK FOR PERSONAL LOAN
To make a foray into the Personal Loan arena, this was the complete stronghold of stalwarts like HDFC Bank & ICICI Bank. So the Management from Axis Bank hired Strong & Experienced team which has devised an Unrivalled Product.
Never before features have been introduced like 0% Pre closure Part Payment clause, which allows the Applicant to close the loan at any time during the tenure without paying any extra charge.
This special feature gives the customer the freedom to pay back the funds appended as per his own choice & thus close his loan whenever he has the funds, even after a single EMI has been deducted.
Most importance has been given to make the Personal loan from Axis Bank, Individually tailored & streamlined as per customer needs.