Axis Bank Personal Loan Interest Rate & Charges

Need quick funds? Axis Bank personal loans offer a hassle-free way to borrow money when you need it the most. Whether it's a financial emergency or your child's education, you can apply easily with Rupyy and get instant access to funds. Before applying, check the latest Axis Bank personal loan interest rate starting at just 11.25% p.a. to compare and plan your budget wisely.

Get in touch with us!

We're happy to assist with your banking needs. Please enter your phone number, and a representative will call you.

Instant Loan

Axis Bank Personal Loan Details

Feature
Details
Loan Amount
₹50,000 to ₹40 lakh
Interest Rate
Starting from 11.25% p.a.
Loan Tenure
12 to 84 months

Axis Bank Personal Loan Current Interest Rate

Type of Interest
Fixed Rate of Interest
MCLR (1-Year)
9.40%
Spread over 1-Year MCLR
1.7%-12.6%
Minimum Interest Rate
11.25%
Maximum Interest Rate
22.00%

Axis Bank Personal Loan Foreclosure Charges

Type of Charges
Charges
Part-payment and Foreclosure
  • If paid ≤ 3 years EMIs - 3%
  • For > 3 years paid EMIs - 2%
Failed Cheque or ECS debit
Rs. 399+GST
Payment Swap
Rs. 500+GST
Penalty
8% p.a
Copy of loan statement
Rs. 250+GST
Copy of No Due Certificate
Rs. 50+GST

Get the funds you need today!

Flexible Terms? or Quick Approval? or Low Interest Rates?
What is it that you need. We have it all.

Axis Bank Personal Loan Eligibility

Eligibility Factor
Criteria
Occupation
Salaried employees
Minimum Age
21 years
Maximum Age
60 years
Minimum Net Monthly Income
  • Rs. 15,000 for Axis Bank customers
  • Rs. 25,000 for non-Axis Bank customers
Cibil Score
700 or more

Axis Bank EMI Calculator

Axis Bank provides an online EMI calculator to help you estimate your monthly EMI payments. This tool is useful for planning your finances and understanding the repayment structure.

Loan Amount
   50,000 25,00,000 
Duration of Loan
Years
1
 1  Years Years 5
Interest Ratei
*Rate of interest can vary subject to credit profile. Loan approval is at the sole discretion of the finance partner.
(P.A.)
%
 12  % % 25
EMI PER MONTH
₹4,442
Principal Loan Amount₹50,000
Interest Amount₹3,304
Payable Amount₹53,304

How to Use the EMI Calculator:

1
Enter Loan Amount

Enter Loan Amount

Specify the amount you wish to borrow.

2
Select Tenure

Select Tenure

Choose the repayment period in months.

3
Input Interest Rate

Input Interest Rate

Enter the applicable interest rate.

4
Click Calculate

Click Calculate

View your monthly EMI.

How to Apply Personal Loan in Axis Bank

You can apply for an Axis Bank personal loan with Rupyy. To proceed, check out the steps:

  • Click on the ‘Check Your Offer Now’ button
  • Enter your mobile number
  • Now, you will receive an OTP
  • Enter the OTP you’ve received
  • Upon successful verification, our representative will get in touch with you.

Axis Bank Personal Loan Offer

  • right-arrowMaximum Loan Amount: With a maximum loan limit of Rs. 40 Lakhs, Axis Bank empowers you to meet any financial commitment, no matter how big it is. This competitive loan limit provides you with the financial security you need.
    right-arrowCompetitive Rate: At Axis Bank, there is a competitive starting rate of 11.25% per annum for personal loans. This allows you to secure an affordable EMI, making you financially savvy and smart.
    right-arrowLoan Prepayment: Close your Axis Bank personal loan early at your convenience by paying a prepayment penalty. By doing this, you save a substantial amount on loan repayment.

    • Get the funds you need today!

    Flexible Terms? or Quick Approval? or Low Interest Rates?
    What is it that you need. We have it all.

    Contact Details of Axis Bank

    Toll-free Number
    1800 209 5577 / 1800 103 5577
    Email Address
    loans@axisbank.com

    Frequently Asked  Questions

    What is the interest rate for Rs. 5 Lakh Axis Bank personal loan?
    What is the current Axis Bank personal loan interest rate?
    How is the Axis Bank personal loan interest rate calculated?
    What factors affect Axis Bank's personal loan interest rates?
    How can I get the lowest Axis Bank personal loan interest rate?
    Does my CIBIL score affect my Axis Bank personal loan interest rate?
    Are Axis Bank personal loan interest rates fixed or variable?
    How can I use the Axis Bank personal loan EMI calculator?
    What are the Axis Bank personal loan processing fees and other charges?
    Where can I find the latest Axis Bank personal loan interest rate offers?