Axis Bank Home Loan EMI Calculator
Calculate your monthly repayments and amortization on an Axis Bank home loan with verified official rates.
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Official Rate Formula & Benchmark:
Axis Bank Home Loans use reducing balance interest calculation pegged to Axis RBLR. Starting rate is 8.75% p.a. with Shubh Aarambh EMI waiver options.
Current official starting rate: 8.75% p.a. (Range: 8.75% – 10.05% p.a.).
Axis Bank Home Loan EMI Calculator
Interactive calculation engine using official Axis Bank rates
Official Axis Bank Rate (8.75%)
₹50,00,000
₹1.00 L₹2.00 Cr
%
5.00%Published range: 8.75% - 10.05%20.00%
20 Years(240 mo)
1 Yr30 Yrs
Monthly EMI
₹44,186
For 20 years at 8.75% p.a. reducing balance
Principal Loan Amount₹50,00,000
Total Interest Payable₹56,04,340
Total Amount Payable₹1,06,04,340
Principal (47.2%)Interest (52.8%)
Calculated according to standard Indian banking methodology (Quarterly compounding for deposits, monthly reducing balance for loans).
Yearly Repayment Schedule
| Year | Principal Paid | Interest Paid | Total Paid | Balance |
|---|---|---|---|---|
| Year 1 | ₹96,543 | ₹4,33,689 | ₹5,30,232 | ₹49,03,457 |
| Year 2 | ₹1,05,337 | ₹4,24,895 | ₹5,30,232 | ₹47,98,120 |
| Year 3 | ₹1,14,933 | ₹4,15,299 | ₹5,30,232 | ₹46,83,186 |
| Year 4 | ₹1,25,403 | ₹4,04,829 | ₹5,30,232 | ₹45,57,783 |
| Year 5 | ₹1,36,827 | ₹3,93,405 | ₹5,30,232 | ₹44,20,956 |
Rate Verification & Official Notice
Verified Official Published RateLast verified:
Rate Methodology →Headline / Starting Rate
8.75% p.a.
Effective Rate Range
8.75% – 10.05% p.a.
floating RateBenchmark Index
Axis RBLR (Repo linked)
Applicable Conditions & Eligibility Factors:
- Shubh Aarambh scheme offers 12 EMI waivers on timely repayments
- Starting rate for CIBIL 750+
Source: Axis Bank Home Loan Schedule
Rates subject to borrower risk-grade & RBI regulatory changes.How It Works
- 1Reducing balance interest calculation pegged to Axis RBLR.
- 2Special schemes like Shubh Aarambh offer 12-EMI waivers for timely repayments.
Key Factors Influencing Your Rate
- •CIBIL Score band
- •Property location & valuation
Worked Numerical Example: Axis Bank Home Loan EMI Calculator
Principal₹50,00,000
Rate Applied8.75% p.a.
Tenure20 Years
Monthly EMI₹44,186
For a ₹50,00,000 loan at 8.75% p.a. for 20 years (240 months), your monthly EMI is ₹44,186, with total interest of ₹56,04,340.
Frequently Asked Questions: Axis Bank Home Loan EMI Calculator
- What is starting rate?
- Starts from 8.75% p.a.
- What is Shubh Aarambh?
- Offers EMI waivers on regular repayments.