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No online part-payment facility for Axis Bank loans

Posted on Jan 31, 2014 in General | 2 comments

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Axis Bank doesn’t have a facility online to do a part payment of your home loan or other. This is really strange as most other private national banks offer this service and it makes damn easier for consumers to make part payment at will from anywhere.

EMI-ki-happy-endingThe only way we can make a part payment is physically visit their far standing centers. When you mail them on, you get a standard response which I am enclosing here.

Guys, you may have got Facebook, Twiiter, Whatsapp but you should visit banks for even tiny matters. Worst part is even their online viewing of account doesn’t display much of the information.

You should avoid home loan from Axis Bank if you are staying away from the center but avoid it 200% if you stay outside India.

Please find the below mentioned process to make the part payment:

Request you to kindly visit the loan center along with your Photo ID proof and place a request for part payment.
Please be informed that the minimum amount for Part Payment is one EMI.
One Part payment is allowed during EMI Cycle.
You can make the payment through DD/ Cheque at the Loan Centre or by cash at any Liability branch. Please submit the deposit slip at the nearest Loan Centre if payment is made at a Liability branch
You can send your representative behalf of you for making the part payment. In case of sending the request through a representative please provide the following:

  1. Copy of your ID and signature proof
  2. Authority letter from the applicant
  3. Copy of ID proof of the representative

Please note that as on today there is no process of making the Part payment through online.

To view or download loan account statements instantly, you can visit > products >loans> Generation of loan account statement online.

You can reach us on our toll free numbers 1800 233 5577, 1800 209 5577, 1800 103 5577. 9 AM to 9 PM, Monday to Saturday (except National holidays).