Axis vs BoB Business Loan, 2026.
Reviewed by Jay Patel· Last reviewed: stale
A ledger-columns read on Axis Bank and Bank of Baroda— rate, EMI, fee, fine print. Which one wins your file, not the pitch deck.
Axis vs BoB — Business Loan Comparison
Key parameters compared side by side.
| Parameter | Axis | BoB |
|---|---|---|
| Interest Rate (p.a.) | 11.25% – 15.75% | 10.5% – 14.75% |
| Processing Fee | 1.50% (min Rs 10,000) | 1.00% (min Rs 5,000) |
| Max Loan Amount | Rs 3 Cr | Rs 5 Cr |
| Max Tenure | 5 Years | 7 Years |
| Bank Type | Private Sector | Public Sector |
| Founded | 1993 | 1908 |
| Headquarters | Mumbai | Vadodara |
Interest Rate (p.a.)
Axis
11.25% – 15.75%
BoB
10.5% – 14.75%
Lower/better: BoB
Processing Fee
Axis
1.50% (min Rs 10,000)
BoB
1.00% (min Rs 5,000)
Max Loan Amount
Axis
Rs 3 Cr
BoB
Rs 5 Cr
Lower/better: BoB
Max Tenure
Axis
5 Years
BoB
7 Years
Lower/better: BoB
Bank Type
Axis
Private Sector
BoB
Public Sector
Founded
Axis
1993
BoB
1908
Headquarters
Axis
Mumbai
BoB
Vadodara
Rates as of April 2026. Subject to change based on RBI policy and bank revisions.
EMI Comparison
Estimated EMI for Rs 20 Lakh business loan for 5 years at each bank's lowest rate.
Axis
BoB
Savings: Choosing BoB saves you approximately ₹747 per month, or ₹44,820 in total interest over the loan tenure.
Feature Comparison
Key features offered by Axis and BoB for business loan.
| Feature | Axis | BoB |
|---|---|---|
| Evolve business loan for SMEs | ||
| Online account linking | ||
| End-to-end digital journey | ||
| Doorstep service available | ||
| Baroda Mudra Loan | ||
| MSME special schemes | ||
| CGTMSE coverage | ||
| Lower rates for Gujarat-based businesses |
Evolve business loan for SMEs
Online account linking
End-to-end digital journey
Doorstep service available
Baroda Mudra Loan
MSME special schemes
CGTMSE coverage
Lower rates for Gujarat-based businesses
Which Is Better — Axis or BoB?
It depends on your priorities. Here is a quick guide.
Choose Axis If...
- Trusted brand with strong business loan offerings
Choose BoB If...
- Lower starting interest rate (10.5% vs 11.25%)
- Higher max loan amount (Rs 5 Cr vs 3 Cr)
- Longer max tenure (7 yrs vs 5 yrs)
- Government-backed (public sector bank)
Still unsure? Contact Money Matrix Hub for a free personalised recommendation based on your income, credit score, and loan requirement.
Eligibility Comparison
General eligibility criteria for business loan at both banks.
Axis Eligibility
- Business vintage: 2+ years (ITR required)
- Min annual turnover: Rs 15 Lakh
- CIBIL score: 650+ preferred
- Valid GST registration
- Age: 21–65 years at loan maturity
Criteria may vary. Contact Money Matrix Hub for exact eligibility assessment.
BoB Eligibility
- Business vintage: 2+ years (ITR required)
- Min annual turnover: Rs 10 Lakh
- CIBIL score: 650+ preferred
- Valid GST registration
- Age: 21–65 years at loan maturity
Criteria may vary. Contact Money Matrix Hub for exact eligibility assessment.
Frequently Asked Questions
Common questions about Axis vs BoB business loan.
Which bank has a lower business loan interest rate in 2026 — Axis or BoB?
BoB currently offers a lower starting rate of 10.5% p.a. for business loan. However, the actual rate you receive depends on your credit score, income, and loan amount. Money Matrix Hub can help you get the best negotiated rate from both banks.
What is the maximum business loan amount I can get from Axis vs BoB?
BoB offers a higher maximum loan amount of up to Rs 5 Cr. Axis offers up to Rs 3 Cr while BoB offers up to Rs 5 Cr for business loan.
Which bank charges a lower processing fee for business loan — Axis or BoB?
Axis charges a processing fee of 1.50% (min Rs 10,000), while BoB charges 1.00% (min Rs 5,000). Processing fees are often negotiable, and Money Matrix Hub can help waive or reduce these charges.
Should I choose Axis or BoB for business loan in 2026?
The best choice depends on your specific needs. Axis offers rates from 11.25%–15.75% with a max tenure of 5 years, while BoB offers 10.5%–14.75% with 7 years tenure. Contact Money Matrix Hub for a personalised comparison based on your profile.
Can Money Matrix Hub help me apply for a business loan from both Axis and BoB?
Yes. Money Matrix Hub is an authorised DSA partner for both Axis and BoB. We can submit parallel applications at no extra cost and help you pick the best sanction offer. Our service is 100% free for borrowers.
Also Compare Axis vs BoB
Related Business Loan Comparisons
View Individual Bank Pages
Want Jay to compare your rate across 40+ banks?
Jay or Rushik will reply on WhatsApp — usually within a few hours. Free, no obligation.