Axis Bank Personal Loan Interest Rate Calculator
R rate of interest n number of monthly instalments.
Axis bank personal loan interest rate calculator. Use bankbazaar axis bank personal loan emi calculator and calculate your emi beforehand to manage your finances conveniently. This tool works based on the following details. The following is the interest rate range applicable to personal loans offered by axis bank.
Axis bank personal loan at 15 50 to 24 as on 21 dec 2020 axis bank personal loan axis bank personal loan interest rate updated on 21 dec 2020. Avail a personal loan starting from rs. When determining the interest rate on a personal loan axis bank adds a spread ranging from 3 75 to 15 75 on top of the 1 year mclr.
Emi or equated monthly installment is a combination of both interest and principal repayable every month. With the help of directaxis personal loan calculator they settled on a term of 6 years and a monthly loan repayment amount of r3 058 24 at an interest rate of 24 50 the initiation fee for the loan was r1 207 50 and the repayments included a monthly service fee of r69 00. Axis bank personal loan emi calculator axis bank offers personal loans with emis starting at just rs 2 224 per lakh.
Emi 5100000 0 0083 1 0 0083 180 rs 54 805 1 0 0083 180 1. As you embark on a journey to fulfil your dreams with a new bike car or a new home the calculator helps you with a better understanding of expenses. Axis bank offers personal loans of up to rs 15 lakh at attractive rates starting from 12 p a.
50 000 up to rs. 15 00 000 with minimal documentation and attractive interest rates. This spread is decided by the bank on a case by case basis.
Here are the interest rates for personal loans with tenures of up to 36 months. The interest rate for axis bank personal loan is linked to the bank s 1 year mclr and varies between 12 24. From calculating your personal loan emi to checking your home loan affordability axis bank gives you a whole set of calculators to help you make your informed decision.
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