Yes, you can make a part-prepayment towards your Business Loan by visiting your nearest Axis Bank Loan Centre. Please carry your cheque book and a valid photo ID for the process.
- For accounts opened on or after February 1, 2019, a charge of 2% + GST will be levied on the prepaid amount.
- No charges are applicable for accounts opened before February 1, 2019.
- For Micro and Small Enterprises (MSE) customers, no prepayment charges apply if the loan amount is up to INR 50 lakhs under fixed-rate loans.
Business Loans
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