Loan Schemes

At Axis Bank, there’s more to a home loan than finance for apartments or readymade homes. Want to build a home according to your specifications and designs? Axis Bank offers loans for land purchase so that buy plots and create your dream home the way you want. We also provide home renovation loans that will help you refurbish your home without worrying about upfront costs.
The attractive interest rates on land purchase loans as well as home improvement loans, and Axis Bank’s reputation for customer service make our housing finance products a great choice for customers.

Land Loan features and benefits

• You can use the land purchase loan to buy a plot of land and to construct the house.
• You can take a land loan to build a house on a plot of land that you already own.
• The land loan can be used to buy a new house/ flat.
• Purchase an old house/ flat. To avail of the loan, the residual age of the property as confirmed by our empanelled valuators at the maturity of the loan should not be less than 10 years.
• Takeover of existing housing loans.

Home Improvement Loan features and benefits

• You can use our home improvement loans for a variety of purposes. You can utilize it to make renovations, paint the house, carry out repairs to the walls and floor etc.
• You also get the benefit of attractive interest rates on home renovation loans.

Axis Bank offers affordable and flexible housing loans that can turn your dream of owning a home into reality.
If rising real estate prices have pushed the house you coveted beyond your budget, Axis Bank’s unmatched home loans will put it within reach. The attractive interest rates and minimal processing fees make our home finance products a first choice for savvy buyers. In addition, features such as flexible tenures, transparent processing and quick service have made our products stand out among the best home loans in India.

We have products to suit every budget, taste and need. Whether you are self-employed or salaried, want a floating or fixed rate, Axis Bank will offer a loan that is just right for you.

Features of Axis Bank Home Loans

Axis Bank housing loans are designed for today’s home-hunter. Our easy home loans are rich in features and offer a number of benefits.

• Attractive housing finance rates: We offer attractive interest rates that make your housing loans affordable and easier on your pocket every month.
• Flexible rates: Choose between fixed and floating rate options depending on which way you think interest rates are moving.
• Balance transfer facility: Not satisfied with your existing Home Loan provider? You can transfer your Home Loan to us without any hassles.
• Doorstep service: You don't have to go the bank for Home Loans; the bank will come to your doorstep. Perfect for those leading busy lives.
• Nil prepayment charges* : Come into some money and want to pay off your housing loan early? You can do that at Axis Bank without worrying about prepayment charges.

  Valid only on floating interest rate Home Loans.

  Quick and transparent processing :
  Special Benefits available for Priority Banking customers. To know more, contact your Priority Banking Relationship Manager today!

OR Downloads

• Home Loan Application Form
• Home Loan Agreement
• Direct Debit
• Electronic Clearing Service Application Form

Government of India and Reserve Bank of India have directed all Banks to implement the Financial Inclusion Plans (FIP) to provide banking service outlets in all villages with population above 2,000 by March, 2012. Our Bank has submitted a road map to implement the FIP using information and communication and technology mode with Business Correspondents net work i.e. branch less banking outlets. Bank has empanelled M/s Bartronics India Ltd as service provider to give an ‘end to end’ solution for the FIP. Our bank is allotted with 1,149 villages with population above 2,000 for providing such outlets. Of which, 1,054 are located in Andhra Pradesh State. The Financial Inclusion Plan (FIP) covering all the villages has been submitted to Reserve Bank of India.

M/s Bartronics India Ltd., the Institutional Business Correspondent (BC) appointed by Bank for the FIP implementation has deployed individual B.Cs/ Customer Service Providers (CSPs) in each village for conducting the banking transactions through Point of Sale (PoS) devices. The CSPs have been deployed after a due diligence process undertaken by the respective Branch Managers.

Bank has proposed to provide the four basic products through these BC operated banking outlets at the doorstep of the villagers. They are a) simple savings bank account with built-in overdraft facility; b) a recurring deposit product; c) remittance facility; and d) entrepreneurship credit in the form of KCC or GCC.

Coverage of Villages having  population above 2000:

Financial Literacy initiatives:

Bank has released pamphlets and deployed publicity-vans for educating the rural people on the Financial inclusion scheme. The Branch Managers are visiting the villages to promote financial literacy for the benefit of rural people. Supervisors-on-contract-basis have been appointed for promoting financial literacy in the villages and mentor the CSPs to deliver quality service at the villages.

A documentary has been prepared to display in rural areas as a part of Financial inclusion literacy drive. Mobile jeeps mounted with publicity material on Financial literacy are also deployed in the rural areas. Bank is planning to publicize these initiatives on a larger scale shortly.

As Convener of SLBC, A.P., we have taken up common publicity initiative regarding the benefits associated with opening of savings bank accounts by rural people through printing of posters, audio materials etc., as part of swabhiman campaign.

Other Financial Inclusion initiatives:

1. Electronic Benefit Transfer of Government Schemes – MGNREGS (Mahatma Gandhi National Rural Employment Guarantee Scheme & SSP ( Social Security Pensions) :

   Electronic Benefit Transfer (in 4 districts of A.P. Of which, Guntur & Srikakulam districts under ‘One District – One Bank’ model; East Godavari district under service area approach and Warangal district (in one pilot mandal covering 25 villages)

   Number of villages covered
   2665

   Number of BCs/CSPs deployed:
   2665

   Number of beneficiaries enrolled
   14.65 Lakhs

2. Smartcard-based transactions for SHG beneficiaries: :

   The scheme is functioning on a pilot project basis at four branches. All the Self Help Groups of Rayavaram, Anaparthi, Kadiam & Bibinagar are undertaking banking transactions through B.C operated PoS devices at their villages. By this method, the SHG women are saving their time and money, since the normal banking transactions in their SHG accounts are done at their doorstep.

Click here for Statement of Villages covered by Andhra Bank in Andhra Pradesh
Click here for Statement of Villages covered by Andhra Bank in Other States

Nineteenth Century
The Oldest Joint Stock Bank of the Country, Allahabad Bank was founded on April 24, 1865 by a group of Europeans at Allahabad. At that juncture Organized Industry, Trade and Banking started taking shape in India. Thus, the History of the Bank spread over three Centuries - Nineteenth, Twentieth and Twenty-First.

April 24, 1865's The Bank was founded at the confluence city of Allahabad by a group of Europeans.
Twentieth Century 1920's The Bank became a part of P & O Banking Corporation's group with a bid price of Rs..436 per share,
1923 The Head Office of the Bank shifted to Calcutta on Business considerations.
July 19, 1969 Nationalized along with 13 other banks, Branches - 151 Deposits - Rs.119 crores, Advances - Rs.82 crores.
October, 1989 United Industrial Bank Ltd. merged with Allahabad Bank.
1991Instituted AllBank Finance Ltd., a wholly owned subsidiary for Merchant Banking.
October, 2002 The Bank came out with Initial Public Offer (IPO), of 10 crores share of face value Rs.10 each, reducing Government shareholding to 71.16%.
April, 2005 Follow on Public Offer (FPO) of 10 crores equity shares of face value Rs.10 each with a premium of Rs.72, reducing Government shareholding to 55.23%.
June, 2006 The Bank Transcended beyond the National Boundary, opening Representative Office at Shenzen, China.
Oct, 2006 Rolled out first Branch under CBS.
February, 2007 The Bank opened its first overseas branch at Hong Kong.
March 2007 Bank's business crossed Rs.1,00,000 crores mark.

Established on 14th August 2000, HDFC Standard Life Insurance Co. Ltd. is a joint venture between Housing Development Finance Corporation Limited (HDFC Limited) -India's leading housing finance institution - and a Group Company of the Standard Life Plc, UK that is a world-renowned provider of financial services. HDFC holds about 72.43% of the equity, Standard Life holds 26% while the rest is held by others. HDFC Life is one of leading private companies, offering a range of individual and group insurance solutions, in India. They have adequate financial expertise to manage long-term investments safely and resourcefully.
HDFC Standard Life has about 568 branches and is present in over 700 cities and towns. It has almost 2,00,000 financial consultants that meet various customer needs such as protection, pension, savings, investments and health. The company has 32 retail and 4 group products along with 5 rider benefits. Customizing plans have also been added to make lives better. Read more to get an idea about the HDFC Life Insurance schemes and policies.
Products
Protection Plans
These schemes are aimed at providing for a death or illness in the family. Financial security is one of the most important goals in life and HDFC's protection plans give that independence in case of emergencies. No matter how much you have planned, sudden eventualities like loss of income or home loan repayments can occur anytime. All you need to do is contribute a small sum of the money annually to have a long-term plan which can provide for your family when required.

• HDFC Terms Assurance Plan
• HDFC Premium Guarantee Plan
• HDFC Loan Cover Term Assurance Plan
• HDFC Home Loan Protection Plan

Children's Plans
Children have several dreams and inspirations and parents seek to fulfill all of them. Securing your child's future in terms of finances can be achieved by HDFC Life Insurance Children's Plans. There are traditional plans that offer return on policy in the form of bonus, payable on maturity or others where return is in the form of growth.

• HDFC Children’s Plan
• HDFC SL YoungStar Super II
• HDFC SL YoungStar Super Premium

Retirement Plans
When incomes start to reduce, retirements plans put them in place! Accumulating and investing in savings where a lump sum is provided on retirement is the best idea. Regular income flowing through annuity plans is another one. There are several ways to go about this; either, a United Linked Plan where you can get vesting benefit or a traditional one where HDFC takes all the decisions on your behalf over the entire policy term.

• HDFC Life ClassicPension Insurance Plan
• HDFC Personal Pension Plan
• HDFC Immediate Annuity
• HDFC SL Pension Maximus

Savings & Investment Plans
If you are the earning member of the family, then their future is dependent on you. The Savings & Investment Plan assures you lump sum funds for the monthly/annual expenses. It is also a means of achieving your short-term and long-term financial goals. An adequate insurance cover is automatically provided in the event of a family member's demise.

• HDFC Life Sampoorn Samridhi Insurance Plan
• HDFC Endowment Assurance Plan
• HDFC SL Crest
• HDFC SL ProGrowth Super II
• HDFC SL ProGrowth Flexi
• HDFC SL ProGrowth Maximiser
• HDFC SL New Money Back Plan
• HDFC Single Premium Whole of Life Insurance Plan
• HDFC Assurance Plan
• HDFC Savings Assurance Plan
• Endowment Gain Insurance Plan
• ClassicAssure Insurance Plan

Health Plans
Neglecting health due to changes in our lifestyle is common.HDFC Life Insurance covers a person during times of critical illness and even major surgical procedures. A small premium of about Rs.3500 annually can provide health insurance of more than 5 lakhs for a period of 20 years. This way, you can have a safe and secure future. The below mentioned plans give you a fair idea about what you can expect:

• HDFC Critical Care Plan
• HDFC SurgiCare Plan

Contact Address
HDFC Standard Life Insurance Company Limited
13th Floor, Lodha Excelus,
Apollo Mills Compound, N.M. Joshi Road, Mahalaxmi,
Mumbai - 400 011
Phone - 022-67516666
Website: www.hdfclife.com

Birla Sun Life Insurance Co. Ltd. (BSLI) is a joint venture between Aditya Birla Group, an Indian multinational corporation, and Sun Life Financial Inc, a leading global insurance company. Established in 2000, BSLI has contributed to the significant growth and development of the life insurance industry in India and currently ranks amongst the top 5 private life insurance companies in the country. Birla Sun Life Insurance is distinguished as the first financial solutions company to introduce 'Business Continuity Plan', the 'Free Look Period' and 'Unit Linked Life Insurance Plans' in the Indian insurance.
BSLI believes in passion, customer support and commitment. The mission of the company is to help people with risk management. It also helps in managing the financial situation of firms as well as individuals. Here is given a comprehensive list of policies and products offered by BSLI.
Products
Individual Solutions
Wealth With Protection
Besides providing a life cover, these schemes of wealth with protection solutions help the customer save money by offering flexibility in the plans that are suited to your goals. Optimizing on investments in capital markets also features in some of the plans.

• BSLI Foresight Plan
• BSLI Vision Plan
• BSLI Rainbow Plan
• BSLI Platinum Advantage Plan
• BSLI Dream Endowment Plan
• BSLI Money Back Plus Plan
• BSLI Guaranteed Bachat Plan
• Bachat Endowment Plan
• BSLI Bachat-Money
• BSLI Classic Endowment Plan

Protection Solutions
Financial security that comes with a reasonable premium is what BSLI offers to its customers. Even with riders, viz., accidental death, critical illness rider and waiver of premium rider, one can get insurance at a nominal cost.

• BSLI Term Plan
• BSLI Premium Back Term
• BSLI High Networth Team

Children's Future Solutions
Any big future expenses such as education and/or marriage of your child are covered by BSLI's children future solution plans. Life cover along with guaranteed returns on investments are some of the benefits.

• BSLI Classic Child Plan
• BSLI Dream Child Plan
• BSLI Bachat Child Plan

Health & Wellness Solutions
Quality treatment in case of medical emergencies, insurance for an adequate sum against major illnesses, family protection against injuries and a choice of a cashless facility are all part of the health and wellness solutions plan.

• BSLI Saral Health Plan
• BSLI Health Plan
• BSLI Universal Health Plan

Retirement Solutions
These plans include four different plans that offer you complete control over your investments. They aim at providing a whole life cover, financial security at old age and even a choice of pay term.

• BSLI Classic Life Plan
• BSLI Dream Life Plan
• BSLI Immediate Income Plan
• BSLI Secure 58 Plan

Riders
These are additional top-ups that can help you add further value to your existing plans. Enhancing insurance cover and getting maximum protection in case of death and illness are part of the plan.

• BSLI Accident Death Rider
• BSLI Accident Death & Dismemberment Rider
• BSLI Term Rider
• BSLI Critical Illness Rider
• BSLI Waiver of Premium
• BSLI Critical Illness Plus
• BSLI Critical Illness Women
• BSLI Surgical Care Rider
• BSLI Hospital Care Rider
• BSLI Accident Death & Disability Rider

Group Solutions
Protection Solutions
This genre offers basic life cover to those who have availed credit from a bank. These plans are renewable plans on a yearly basis.

• Affinity Solution
• Employer Employee

Retirement Solutions
Gratuity liability increases for employers on an annual basis as employees' salaries increase. BSLI is useful in coping with that financial situation with other groups.

• Gratuity
• Leave Encashment

Riders Plans
Rider plans in this case, help in covering incidents such as accidents and illnesses. Insuring your life with emergencies of this kind is important.

• Accelerated Critical Illness Premier Rider
• Accelerated Terminal Illness Rider
• Critical Illness Premier Rider

Rural Solutions
This includes a plan which provides a life cover and guaranteed money back at the time of maturity. There are micro-insurance products that include a pure term and return of premium.

• BSLI Dhan Sanchay
• BSLI Bhima Suraksha Super
• BSLI Bhima Kavach Yojana

NRI Solutions
Even if you are staying away from the family, this plan can help you fulfill all your goals and plan everything from your child's education to your retirement.
Contact Address
Birla Sun Life Insurance,
One Indiabulls Center, Tower I,
15th & 16th Floor, Jupiter Mill Compound,
841, Senapati Bapat Marg, Elphinstone Road,
Mumbai-400013
Phone - 022-43569000
Website: http://insurance.birlasunlife.com

Aviva Life Insurance Company India Ltd. is a private insurance company, formed as a joint venture between the Aviva plc and the Dabur Group of India. Not only largest in the UK, Aviva is also the fifth largest insurance group in the world and has been associated with India in various ways since 1834. Partners of the Aviva group include: The Royal Bank of Scotland since 2002 when the bank was known as ABN-AMRO, Punjab & Sind Bank since 2004 and DBS, which is Asia's largest financial service group.
Aviva has been responsible for establishing the concept of 'Bancassurance' in India and has leveraged its global expertise in this area successfully here. The company boasts of 159 branches and 40 bancassurance partnerships, supporting its vast distribution network across nearly 3000 towns and cities. Aviva offers various products that are meant to provide customers with flexibility, transparency and value for money. Given here is a complete list of products and services offered by Aviva Life Insurance India.
Individual Plans
Child Plans
This insurance plan, as the name suggests, is aimed at children. It is an investment to secure your child's future and important milestones of the young one's education - board exams, entrance exams and professional courses. They are as follows:

• Young Scholar Advantage
• Young Scholar Secure

Savings Plans
There are several savings plans that Aviva provides to its customers. Flexibility in meeting any goals, a traditional plan that guarantees the money you planned for, helps in achieving investments, family savings and so on. All of them are given below:

• Freedom Life Advantage
• Dhan Vriddhi
• Money Back
• LifeSaver Advantage
• LifeBond Advantage
• Dhan Varsha
• Sachin Extra Cover Advantage

Retirement Plans
Aviva Insurance has come out with two excellent retirement plans which serve the dual benefits of pension as well as protection by adding a certain sum assured for the first three years. They are:

• Secure Pension
• Pension Builder

Protection Plans
This is typically a plan that revolves around family protection at a nominal and low cost. For example, if there is a death, the lump sum is given to the nominee within policy term limits. There is also a way to demand your premium back.

• LifeShield Plus
• i Life
• LifeShield
• LifeShield Advantage
• LifeShield Platinum

Health Plans
This insurance has a dual function of being a health cum savings plan which also gives your premium back. A cover on accidents, life, critical illnesses, disabilities, surgery and hospitalizations are also provided.

• Health Plus

Rural Plans
This plan insures the future of rural India such as securing your family's future, child's education, finances and a long-term comprehensive plan with protection cum savings. Some of them are as given as below:

• Amar Suraksha
• Jana Suraksha
• Grameen Suraksha
• Anmol Suraksha

Group Plans
Term
Employees and members of any organization are provided with a life cover that protects the entire family. Any additional expenses like accidental death or permanent disabilities are also included in this scheme.

• Corporate Life Plus

EDLI (Employee Deposit Linked Insurance)
This plan is a fixed plan that is inserted in place of the EDLI and is targeted at the corporate industry. This includes compensation to the family for the financial loss suffered due to the death of an employee. There is a single plan with this concept, namely:

• Corporate Shield Plus

Gratuity
Aviva Life Insurance has something called a gratuity plan that comprises of returns with capital guarantee. All employees are provided with benefits of lump sum amounts and also tax deductions.

• Traditional Group Gratuity Plan

Savings
When you have long term plans, then there is nothing like a savings plan that you can adopt and save up all the money you can spare for that special dream you have. For this purpose, Aviva provides a savings plan that covers life and wealth.

• Aviva Sampoorna Suraksha Bima Yojna

Rural/Credit Protection
This plan covers loan linked liabilities and settles these debts in the unfortunate event of the policyholder's demise. It lends direct loans to people in rural areas and also to the banks that provide housing and car loans.

• Credit Suraksha
• CreditPlus
• CreditNet

Contact Address
Aviva Life Insurance Company India Ltd.
Aviva Tower, Sector Road, Opp. Golf Course,
DLF Phase V, Sector 43,
Gurgaon - 122 003
Haryana
Website: www.avivaindia.com

In India, Insurance is a national matter, in which life and general insurance is yet a booming sector with huge possibilities for different global companies, as life insurance premiums account to 2.5% and general insurance premiums account to 0.65% of India's GDP. The Indian Insurance sector has gone through several phases and changes, especially after 1999, when the Govt. of India opened up the insurance sector for private companies to solicit insurance, allowing FDI up to 26%. Since then, the Insurance sector in India is considered as a flourishing market amongst global insurance companies. However, the largest life insurance company in India is still owned by the government.The history of Insurance in India dates back to 1818, when Oriental Life Insurance Company was established by Europeans in Kolkata to cater to their requirements. Nevertheless, there was discrimination among the life of foreigners and Indians, as higher premiums were charged from the latter. In 1870, Indians took a sigh of relief when Bombay Mutual Life Assurance Society, the first Indian insurance company covered Indian lives at normal rates. Onset of the 20th century brought a drastic change in the Insurance sector.In 1912, the Govt. of India passed two acts - the Life Insurance Companies Act, and the Provident Fund Act - to regulate the insurance business. National Insurance Company Ltd, founded in 1906, is the oldest existing insurance company in India. Earlier, the Insurance sector had only two state insurers - Life Insurers i.e. Life Insurance Corporation of India (LIC), and General Insurers i.e. General Insurance Corporation of India (GIC). In December 2000, these subsidiaries were de-linked from parent company and were declared independent insurance companies: Oriental Insurance Company Limited, New India Assurance Company Limited, National Insurance Company Limited and United India Insurance Company Limited.

It is not easy to choose the best insurance protection solution for one of your most prized possessions – Your Car! Even though motor insurance has been made mandatory by law, my:asset Private Car Package Policy brings to you the option of choosing from a wide range of covers and deductible choices.With my:asset Private Car Package Policy, you get a bouquet of exciting benefits 1. Instant policy issuance 2. Cashless Claim Settlement at L&T Insurance network garages across the country 3. Claim Assistance on all days (between 7AM to 11PM on our Toll free Helpline 1800-209-5846) 4. Survey within 4 working hours of claim intimation if the vehicle has reached a workshop 5. For Claim free experience, No Claim Bonus offered on renewals 6. Free Renewal Reminder

What is Life Insurance?Traditionally, life insurance used to provide financial protection to your family and dependents in the event of any unforeseen event or your untimely death. But nowadays, life insurance has become synonymous with savings, wealth generation and protection. Life insurance companies-these days-provide plans through which you can not only secure the financial future of your dependents in the event of death but also build wealth for them and be financially secure from eventualities such as disease and disability.