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The Super Saver home loan from Axis Bank is a unique financing solution that helps you save on the total interest payable on home loan by parking any surplus funds with us. After the loan is disbursed, any amount deposited in the Super Saver account by you shall reduce the principal outstanding and you will be charged interest on net principal outstanding i.e. loan amount outstanding minus any excess funds parked in the account. With EMI (Equated Monthly Installments) you can limit reduction amount by calculating EMI with PMT format, breaking EMI into principal & interest component each month and that principal component is the monthly limit reduction amount.
Disclaimer : These calculators are provided for representational purposes only. Results depend on many factors, including the assumptions you provide. We do not guarantee their accuracy, or applicability to circumstances. All loans are at the sole discretion of Axis Bank Ltd.
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