Loan Category

Personal Loan EMI Calculator

Loan Amount in between 50K to 40L
Tenure Months in between 12 to 84
Interest Rate in between 12 to 22

Equated Monthly Installment (EMI) will be1,42,922

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Personal Loan Interest Rates 2024

Securing the ideal Personal Loan hinges on multiple elements, with Personal Loan interest rates taking center stage. Selecting a Personal Loan through Axis Bank can seamlessly align with your aspirations, whether it's for a lavish wedding or a comprehensive home makeover. Opt for a loan from ₹ 50,000 to ₹ 40 Lakh, accompanied by swift processing, minimal paperwork, and competitive rates.

Frequently Asked Questions:

Axis Bank provides attractive Personal Loan interest rates, commencing at just 10.99% per annum, designed to optimize your savings on total borrowing expenses. For a detailed overview of loan charges and interest rates, please explore further here.

At Axis Bank, we extend Personal Loans with fixed interest rates, beginning from an affordable rate of 10.99% to simplify your financial planning.

The calculation of a Personal Loan interest rate hinges on your credit score, the loan amount, and your income. Use the Personal Loan EMI calculator available to estimate your monthly payments.

By enhancing your credit score, ensuring prompt repayments, and maintaining a low debt-to-income ratio, you can secure a more favorable Personal Loan interest rate, potentially reducing your EMIs.

Beyond the loan's interest rate, banks may apply additional fees such as processing, verification, and penalties for EMI defaults. Early repayment may also incur pre-closure charges. Learn more about Axis Bank's Personal Loan fees here.

Loan foreclosure occurs when you pay off your loan before the end of its term. Banks may impose certain charges for this early settlement as a form of pre-payment penalty.
Part-payment involves making a payment that is less than the full outstanding principal. Pre-payment is the option to pay the loan partially or fully before the tenure ends, while pre-closure means settling the entire outstanding amount in one go before the loan term concludes.
Yes, banks apply a Goods and Services Tax (GST) at a rate of 18% to the processing fees associated with personal loans.
Yes, Axis Bank levies a non-refundable processing charge for personal loan applications, typically ranging from 1.5% to 2% of the loan amount, in addition to the applicable GST.
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A personal loan for
your personal goals