I had a terrible experience with Axis Bank Personal loans. They said they will give the loan in 4 days and they took more than 20 days only to tell me that they want a guarantor for the loan (Rs 3 lakhs) to get sanctioned!! It was simply horrible. They inquired my parents and two of my friends atleast 4 times and they were asking the same questions all the time. It was simply unbearable. In the end I could not get a guarantor and they did not show any interest after that. Please please never approach them for personal loans. They trouble you like anything by making a number of phone calls to you and to your parents and other contacts and they ask for hell lot of documents. They are simply unbearable.