RBI has kept its rates unchanged in the meeting earlier this month and some banks are expected to follow its lead. Axis Bank has not made any changes in its MCLR for October, keeping it in the range of 7.80% to 8.35%.
2017-10-17 :Axis bank retail loans almost half of its total
With Retail advances at Rs 175,278 crore of its total Rs. 385,481 crore, Axis banks comprises of 45% retail loans in its total portfolio.
2017-09-30 :Axis Bank promises to waive off 12 EMIs under its Shubh Aarambh Home Loans
Private sector lender, Axis Bank has launched a new home loan product under which it promises to waive off 12 EMIs. Bank has informed its borrowers that they will have to stay with the bank with this loan for at least 48 months to get the EMI waiver benefit. The move is likely to improvise borrower behaviour.
2017-09-19 :Flipkart announced 5 per cent discount on Axis Bank Buzz Credit Card
Ahead of its festive season sale, Flipkart has announced an instant 5 per cent discount on the Axis Bank buzz credit cards. The offer is available only to buyers of newly launched Apple iphones till the limited time period of 30th September, 2017.
2017-09-09 :Axis Bank home loans establishes Indian mother as a change maker
Private sector lender, Axis Bank has recently launched a new home loan campaign with a unique product differentiator with 12 EMIs off on its home loans. The bank has created the ad campaign showing that women’s are also considered while taking decisions regarding buying a home as well as choosing the home loan provider besides male member.
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