Yes, you have an option to switch to a lower interest rate on REPO by paying a nominal switch fee. To do so, please visit your nearest loan center.
Please note:
a. Both the applicant and co-applicant must visit the Loan Centre and carry their signature proof and photo ID
b. The switch fee can be paid by cheque, DD, or direct debit from your Axis Bank Savings Account at the Loan Centre.
c. Once the interest rate conversion is complete, you will receive an SMS notification on your registered mobile number. You can also check the applicable interest rate for your loan on the Mobile Banking App, open and Internet Banking.
Home Loans
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