Axis Bank Personal Loan EMI Calculator
Calculate your monthly EMI for Axis Bank personal loans at 10.49%-22% interest for amounts up to ₹15,00,000.
₹
₹50,000₹15,00,000
%
10.5%22.0%
12 Mo60 Mo
Monthly EMI
₹9,274
Total Interest
₹22,583
Total Payment
₹2,22,583
Monthly EMI
₹9,274
Principal Amount
₹2,00,000 (89.9%)
Total Interest
₹22,583 (10.1%)
Amortization Schedule
| Year | Principal | Interest | Total Paid | Balance |
|---|---|---|---|---|
| Year 1 | ₹94,778 | ₹16,510 | ₹1,11,288 | ₹1,05,222 |
| Year 2 | ₹1,05,214 | ₹6,074 | ₹1,11,288 | ₹8 |
Axis Bank Personal Loan at a Glance
Interest Rate
10.49%
to 22%
Max Amount
₹15,00,000
min ₹50,000
Min CIBIL
700
minimum score
Tenure
Up to 60 mo
min 12 months
Axis Bank Loan Details
| Interest Rate | 10.49% — 22% p.a. |
| Loan Amount | ₹50,000 to ₹15,00,000 |
| Tenure | 12 to 60 months |
| Processing Fee | Up to 2% |
| Prepayment Charges | Nil after 12 EMIs |
| Min CIBIL Score | 700+ |
| Min Monthly Salary | ₹15,000 |
| Age Requirement | 21 to 60 years |
| Employment Types | Salaried, Self-employed |
| Disbursal Time | 24-48 hours |
EMI Example: ₹2,00,000 at 10.49%
Loan Amount: ₹2,00,000
Interest Rate: 10.49% p.a. (best rate)
Tenure: 24 months
Monthly EMI: ₹9,274
Total Interest: ₹22,576
Total Payment: ₹2,22,576
Pros
- +Low starting rate (10.49%)
- +Good for existing account holders
- +Instant OTP-based KYC
- +No prepayment charges after 1 year
Cons
- -700+ CIBIL required
- -Limited offers for self-employed
Axis Bank EMI Calculator — FAQs
What is the EMI for a Axis Bank personal loan?
For a ₹2,00,000 loan at 10.49% interest for 24 months, the EMI would be approximately ₹9,274 per month. Total interest payable would be ₹22,576. Use the calculator above to try different amounts and tenures.
What interest rate does Axis Bank charge on personal loans?
Axis Bank charges personal loan interest rates starting from 10.49% p.a. going up to 22% p.a. The actual rate depends on your credit score, income, employment type, and existing obligations. A CIBIL score of 750+ typically gets you rates closer to the lower end.
What is the minimum CIBIL score for a Axis Bank personal loan?
The minimum CIBIL score required for a Axis Bank personal loan is 700. A higher score (750+) will help you get a lower interest rate and better terms.
Can I prepay my Axis Bank personal loan early?
Axis Bank's prepayment policy: Nil after 12 EMIs. Prepaying your loan reduces the outstanding principal and can save you significant interest over the remaining tenure. Use the calculator to see how much you can save.
How fast does Axis Bank disburse personal loans?
Axis Bank typically disburses personal loans within 24-48 hours. Disbursal time depends on document verification, KYC completion, and your profile. Existing Axis Bank customers may get faster disbursal through pre-approved offers.
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Calculate EMI →Compare Axis Bank with 14 other lenders — automatically
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