Axis Bank Personal Loan EMI Calculator
Estimate monthly EMIs on an Axis Bank personal loan with customized repayment options starting at 10.49% p.a.
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Official Rate Formula & Benchmark:
Axis Bank Personal Loans feature reducing balance interest rates starting from 10.49% p.a. with digital paperless approval.
Current official starting rate: 10.49% p.a. (Range: 10.49% – 22.00% p.a.).
Axis Bank Personal Loan EMI Calculator
Interactive calculation engine using official Axis Bank rates
Official Axis Bank Rate (10.49%)
₹5,00,000
₹1.00 L₹2.00 Cr
%
5.00%Published range: 10.49% - 22%20.00%
4 Years(48 mo)
1 Yr30 Yrs
Monthly EMI
₹12,799
For 4 years at 10.49% p.a. reducing balance
Principal Loan Amount₹5,00,000
Total Interest Payable₹1,14,368
Total Amount Payable₹6,14,368
Principal (81.4%)Interest (18.6%)
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 | ₹1,06,145 | ₹47,443 | ₹1,53,588 | ₹3,93,855 |
| Year 2 | ₹1,17,831 | ₹35,757 | ₹1,53,588 | ₹2,76,024 |
| Year 3 | ₹1,30,803 | ₹22,785 | ₹1,53,588 | ₹1,45,220 |
| Year 4 | ₹1,45,220 | ₹8,384 | ₹1,53,604 | ₹0 |
Rate Verification & Official Notice
Verified Official Published RateLast verified:
Rate Methodology →Headline / Starting Rate
10.49% p.a.
Effective Rate Range
10.49% – 22.00% p.a.
fixed RateBenchmark Index
RBI Repo Linked / Card Rate
Applicable Conditions & Eligibility Factors:
- Digital end-to-end processing
- Tenures from 12 to 60 months
Source: Axis Bank Personal Loan Interest Rates
Rates subject to borrower risk-grade & RBI regulatory changes.How It Works
- 1Digital end-to-end processing.
- 2Zero prepayment charges on select corporate salary categories.
Key Factors Influencing Your Rate
- •Salary relationship with Axis
- •Employer category
Worked Numerical Example: Axis Bank Personal Loan EMI Calculator
Principal₹5,00,000
Rate Applied10.49% p.a.
Tenure4 Years
Monthly EMI₹12,799
For a ₹5,00,000 loan at 10.49% p.a. for 4 years (48 months), your monthly EMI is ₹12,799, with total interest of ₹1,14,368.
Frequently Asked Questions: Axis Bank Personal Loan EMI Calculator
- Max loan amount?
- Up to ₹40,00,000.
- Tenure options?
- 12 to 60 months.