Axis Bank gains on offering waiver of 12 EMIs on select home loans products
Follow us Now on Telegram ! Get daily 10 - 12 important updates on Business, Finance and Investment. Join our Telegram Channel
https://t.me/InvestmentGuruIndiacom
Download Telegram App before Joining the Channel
Axis Bank is currently trading at Rs. 803.35, up by 2.00 points or 0.25% from its previous closing of Rs. 801.35 on the BSE.
The scrip opened at Rs. 801.00 and has touched a high and low of Rs. 813.80 and Rs. 792.40 respectively. So far 2258549 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 827.05 on 19-Oct-2021 and a 52 week low of Rs. 481.80 on 30-Oct-2020.
Last one week high and low of the scrip stood at Rs. 827.05 and Rs. 788.00 respectively. The current market cap of the company is Rs. 247275.66 crore.
The promoters holding in the company stood at 11.64%, while Institutions and Non-Institutions held 76.70% and 11.66% respectively.
Axis Bank is offering waiver of 12 EMIs on select home loan products and providing on-road finance without any processing fee for two-wheeler customers. For business owners, it will offer several benefits on term loans, equipment loans, and commercial vehicle finance.
The Bank is also offering discounts on various online purchases as part of its festival offer. The Bank has launched 'Dil se Open Celebrations: kyunki Diwali roz roz nahi aati' scheme. Under this, the Bank will offer deals and discounts on shopping in restaurants and other retail loan products on purchases made through Axis Bank debit and credit cards. Customers will be offered up to a 20 percent discount on purchases from select 2,500 local merchants across 50 cities. The bank customers will get discounts up to 20 percent on shopping from these stores.
Axis Bank is the third largest private sector bank in India. The bank offers the entire spectrum of services to customer segments covering Large and Mid-Corporates, SME, Agriculture and Retail Businesses.
