• Axis Bank Personal Loan EMI Calculator

    Axis Bank offers personal loans with EMIs starting at just Rs.2,224 per lakh.

    Axis Bank offers personal loans of up to Rs.15 lakh at attractive rates starting from 12% p.a. to 24% p.a. Use BankBazaar Axis Bank Personal Loan EMI Calculator and calculate your EMI beforehand to manage your finances conveniently.

    Axis Bank has extended the moratorium period for all its customers who had availed a personal loan to 31 August 2020. Customers who had availed a personal loan prior to 1 March 2020 can also avail the moratorium and defer the payment of their EMIs by 31 August 2020.

    Rs. 3 lakh @12% p.a.  2 years  3 years  5 years 
    Equated Monthly Instalment (EMI) (Rs.)  Rs.14,122  Rs.9,964  Rs.6,673 
    Total Interest Payable (Rs.)  Rs.38,929  Rs.58,715  Rs.1,00,400 
    Processing Fee (Rs.) 

    How to use BankBazaar Axis Bank Personal Loan EMI Calculator

    You can use BankBazaar Axis Bank Personal Loan EMI Calculator to compute your monthly instalment amount in a quick and hassle-free manner. This easy-to-use online tool lets you calculate your personal loan EMI within a minute. All you need to do is enter your loan details, including the loan amount, tenure, interest rate, and processing fee. Click “Calculate” to check your EMI.

    This is followed by an amortisation table that’ll give you a complete break-up of your repayment schedule.

    Features and Benefits of Axis Personal Loan EMI Calculator

    • Easy-to-use and hassle-free.
    • Saves time and energy.
    • Computes your monthly EMI within a matter of seconds.
    • Get entire repayment schedule via amortisation table.
    • Non-chargeable tool that also helps you compare loan products offered by different banks.

    FAQs

    1. Can I opt for personal loan EMI moratorium? 

    Adhering to RBI’s guidelines, Axis Bank offers its customers the option to opt-in for EMI moratorium for loan EMIs falling between 1st June, 2020 and 31st August, 2020. You can opt for moratorium by contacting the bank. 

    2. Will my personal loan EMI be affected if we opt for moratorium? 

    Though opting for moratorium may relieve you from financial stress temporarily, note that your interest will still be accrued during this 3-month period. So, along with your 3-month EMI extension, you will also have to pay the accrued interest on your outstanding loan. So, opt for personal loan moratorium only if you are facing severe financial crunch.  

    3. Can I opt-in for the moratorium for one month and opt-out for the remaining two months? 

    Yes, it’s permissible. For instance, if you have taken moratorium for the month of June and wish to opt-out for the month of July and August, you can do so. 

    4.  Can I use BankBazaar Axis Bank Personal Loan EMI Calculator to calculate processing fee? 

     Yes, while entering your personal loan details, you can also put the processing fee charged by the bank. Other tan EMI calculation, the calculator will also give you the processing fee that will be charged upfront on your loan. 

    5. How is personal loan EMI calculated? 

    The mathematical formula for EMI calculation is P x R x (1+R)^N / [(1+R)^N-1], where P = Principal amount of the loan, R = Rate of interest, and N = Number of monthly instalments. 

    Display of any trademarks, tradenames, logos and other subject matters of intellectual property belong to their respective intellectual property owners. Display of such IP along with the related product information does not imply BankBazaar's partnership with the owner of the Intellectual Property or issuer/manufacturer of such products.

    Personal Loan Reviews

    • Axis Bank
      "Easy loan approval"
      0.5 5.0/5 "Blown Away!"
      Axis Bank has offered a personal loan and the loan amount was Rs. 50,000 and the rate of interest was normal. I am paying EMI 4500 including all kind of Tax with the period of 1 year. Pre closure charges and part payment options are available and its a instant loan approval.
      Was this review helpful? 154
      , indore
      Reviewed on Mar 20, 2020
    • Axis Bank
      Axis Bank
      "Good Service"
      0.5 5.0/5 "Blown Away!"
      My personal loan was taken through Axis Bank.still this loan is active and the rate of interest and processing fee was medium .This loan was availed for personal use and it was a paperless approval since have saving account ,loan got sanctioned on proper time frame .This loan was availed for my personal use.
      Was this review helpful? 102
      , patiala
      Reviewed on Mar 20, 2020
    • Axis Bank
      "Better Loan Service"
      0.5 4.0/5 "Great!"
      When i was required some fund, i have applied the personal loan from Axis bank because of the better service. They have provided me a interest rate of 18.25% for the loan amount of Rs. 1.5 lakhs. I have been paying the EMI amount of Rs. 3658 for the tenure period of 5 years. Within 3 days, the loan amount was credited to my account. They don't have part payment and pre-closure facility.
      Was this review helpful? 38
      , nasik
      Reviewed on Mar 16, 2020
    • Axis Bank
      "Easy loan"
      0.5 4.0/5 "Great!"
      My salary account is maintained with AXIS Bank, based on this i got a loan offer. For the past one month i am using this account and the loan amount was Rs. 1.90L and the rate of interest was nominal 12.99% . I am paying EMI of Rs.4322 with the tenure period of 60 months.
      Was this review helpful? 37
      , kolkata
      Reviewed on Mar 16, 2020
    • Axis Bank
      "Easy loan approval"
      0.5 5.0/5 "Blown Away!"
      From AXIS Bank, the interest rate was normal 11% some thing and the loan amount was Rs. 70,000. EMI is 2500 with the tenure period of 3 years. The customer service and response was good. I applied this loan through online channel and that was a easy process.
      Was this review helpful? 33
      , bhubaneshwar
      Reviewed on Mar 15, 2020
    • Axis Bank
      "Good Loan Service"
      0.5 4.0/5 "Great!"
      Taken my personal loan from Axis bank without any specific reason. For the medical expenses, i got this loan. Since i hold a salary account with them hence its easy to get a loan. Offered interest rate is 17.99% which is high but there is a option like if i pre-closure there is no additional charges and after paid my first month EMI i can close the loan at any time.
      Was this review helpful? 17
      , mumbai
      Reviewed on Mar 13, 2020
    • Axis Bank
      "Very Good Loan Service"
      0.5 5.0/5 "Blown Away!"
      I have taken my personal loan from Axis bank because they have offered me this loan because I'm holding a salary account with them and the loan is going to be completed in next 5 months. Their documentation process was good. I have selected the tenure period of 2 years to close this loan. For the medical purpose, i availed this loan.
      Was this review helpful? 17
      , chennai
      Reviewed on Mar 12, 2020
    • Axis Bank
      "Need to decrease interest rate "
      0.5 3.0/5 "Satisfactory"
      Since I am getting salary via AXIS, they provided pre approved loan offer of 4L . In that 40K was deducted for document charge, insurance and processing fee. So finally I got the amount of 3.60L. Rate of interest is 17% which is not negotiated as well. I taken this loan on 9 months before and it got sanctioned by 4 days. EMI need to pay of 9,510 rupees and pre closure option is avail without any locking period.
      Was this review helpful? 22
      , chennai
      Reviewed on Mar 10, 2020
    • Axis Bank
      "Recommendable loan for the people who wants to pre-closure"
      0.5 3.0/5 "Satisfactory"
      When i was taking the personal loan with Axis bank, the interest rate is high but the customer service is good. For part payment facility and preclosure is good because they are not taking any additional charges. I have completed the loan by February. Axis bank agent approached me for a personal loan and i availed with them.
      Was this review helpful? 17
      , hyderabad
      Reviewed on Mar 10, 2020
    • Axis Bank
      "Promised thing has to provide to the customer"
      0.5 2.0/5 "Expected more"
      In Axis bank, they have offered me a interest rate of 12.49% and Axis bank does not interacted with me properly because they have provided 10.49% as a interest before taking the loan and they were not ready to provide the loan amount what i applied. In the loan application, they have mentioned the different interest hence the promised words are not met. They do have part payment facility with a free of cost.
      Was this review helpful? 18
      , bangalore
      Reviewed on Mar 10, 2020
    • Axis Bank
      "Fast and efficient "
      0.5 5.0/5 "Blown Away!"
      Since I am holding salary account from AXIS bank I got pre approved loan offer but after the approval they told to submit some required documents by manual. I taken this loan on 8 months back. An interest is nominal. I think is 11.5%. The amount was sufficient with tenure period of 5 years. I can pre close the loan at any time. EMI need to pay of 4499 rupees.
      Was this review helpful? 12
      , kanchipuram
      Reviewed on Mar 09, 2020
    • Axis Bank
      "Best Service"
      0.5 5.0/5 "Blown Away!"
      I have taken Axis bank personal loan this was a paperless approval .This loan was sanctioned on time and the loan amount was 3 lakhs for the tenure of 5 years .This loan is still active on my account and paying the premium on ECS mode.This loan was taken for my personal use only.
      Was this review helpful? 16
      , ludhiana
      Reviewed on Mar 03, 2020
    • Axis Bank
      "Responble loan"
      0.5 5.0/5 "Blown Away!"
      My Axis loan process was very smooth. Its been 4 months, i took this personal loan and actually I was having a savings account over there so interest rate was less at that time and got this special offer. I have been paying the EMI amount of Rs. 9500 approximately. They do have a part payment and pre-closure facility. They are caring for the customer and the the loan was disbursed in a short span of time.
      Was this review helpful? 13
      , new delhi
      Reviewed on Mar 03, 2020
    • Axis Bank
      "Superb Loan Service"
      0.5 5.0/5 "Blown Away!"
      Taken my personal loan from Axis bank around 2.5 years back. When i approached them, at that time they have accepted my proposal immediately. My brother was working over there so that they have provided an interest rate of 11% for the loan amount of Rs. 11.5 lakhs. Documentation process was smooth and they took only 1 day to sanctioned the loan.
      Was this review helpful? 18
      , salem
      Reviewed on Mar 02, 2020
    • Axis Bank
      "Best on market"
      0.5 4.0/5 "Great!"
      Axis bank personal loans are very convenient and the interest rates are less hence its practically good loan services. Took the loan amount of Rs. 50000 and i pay the EMI amount of Rs. 2300. I have no idea about the interest rate. I have chosen the duration of 2 years to close the loan. Due to the low interest rates and easy processing, i have chosen the Axis bank for my personal loan.
      Was this review helpful? 16
      , kochi
      Reviewed on Mar 02, 2020
    • Axis Bank
      "Up to satisfactory"
      0.5 4.0/5 "Great!"
      Personal loan with Axis bank is very easy and very comfortable. When i need some extra money i approached the Axis bank and they have provided so fast. Its because of my salary account is in Axis bank, i chose them. Provided interest rate is 10%. They charged me a processing fee of 1% and i pay the EMI amount of Rs. 2500 per month for the loan amount of Rs. 50000.
      Was this review helpful? 18
      , allahabad
      Reviewed on Mar 02, 2020
    • Axis Bank
      "Need to decrease the rate of interest"
      0.5 4.5/5 "Excellent!"
      Rate of interest was very high 18% in AXIS Bank for the personal loan and the loan i was taken for Rs. 80k. EMI i am paying Rs.3000 and it got approved within 3-4 days, i have selected for 48 months. Pre closure charges is there and i got this loan offer directly from bank. AXIS Bank provides good customer service.
      Was this review helpful? 16
      , kolkata
      Reviewed on Feb 29, 2020
    • Axis Bank
      "Need to decrease interest charge "
      0.5 5.0/5 "Blown Away!"
      Since I am holding a salary account with AXIS bank I got pre approved personal loan offer. I took this loan on 4 months back. Only rate of interest is bit high of 14.99% when compare to other bank. The amount was much sufficient with tenure period of 4 years. The processing fee of 2,200 rupees. There is an option of pre closure of 6 months without any charge. EMI need to pay of around 4,600 rupees.
      Was this review helpful? 28
      , bangalore
      Reviewed on Feb 29, 2020
    • Axis Bank
      "Easy loan approval"
      0.5 4.5/5 "Excellent!"
      From AXIS Bank, i got a personal loan offer and the loan amount was Rs. 6,00,000. I opted for the tenure of 5 years, i have completed 2 years and i am paying EMI 13500. The rate of interest was normal 12.49% and there is a no pre closure charges and this bank gives good service.
      Was this review helpful? 34
      , hyderabad
      Reviewed on Feb 28, 2020
    • Axis Bank
      "Good service "
      0.5 4.0/5 "Great!"
      The rate of interest was very high in AXIS Bank, it was 18% for the personal loan. I am paying EMI of Rs.22800 for the loan amount of 8L and i opted for the tenure period of 5 years. They are providing a good service and i got a call from bank for a pre-approved loan which have availed.
      Was this review helpful? 34
      , visakhapatnam
      Reviewed on Feb 28, 2020
    Common Loader Icon
    reTH65gcmBgCJ7k
    This Page is BLOCKED as it is using Iframes.