**Axis Bank Personal Loan Calculator in Hindi:** Whether you are planning to apply for Axis Bank Personal Loan or have already applied for this loan, the first thing you need to know is the EMI of your loan.

Because if you apply for the loan without calculating the EMI of your personal loan, then you may face many problems at the time of loan repayment.

## Axis Bank Personal loan EMI Calculator

If you are going to take a loan, then you must have heard about EMI. The full form of EMI is Equated Monthly Installment. This is the installment that you pay to the bank at the time of loan repayment.

You can find the cheapest loan by comparing the EMI of personal loans of various banks with Axis Bank Personal Loan.

Calculating your loan EMI is very easy. You can calculate the loan EMI from your mobile phone by visiting the official website of the bank.

The EMI of Axis Bank Personal Loan depends primarily on three factors – loan amount, interest rate and loan tenure. Therefore, the first thing you need to know is the present Axis Bank Personal Loan interest rate, loan tenure and maximum loan amount.

The loan amount, interest rate and loan tenure are as follows:

loan amount | 40 lakh rupees |

Rate of interest | 12% p.a. onwards |

loan tenure | up to 60 months |

## How to calculate Axis Bank Personal Loan EMI?

You can easily calculate your loan EMI by following the steps given below:

- First of all, you have to visit the official website of Axis Bank which is axisbank.com.
- After visiting the website, you will have to come to the option of Axis Bank Personal Loan EMI calculator.
- As soon as you click on this link, the calculator will open in front of you, which will look something like this:

- Some points are given in the above image which are as follows:
**1.**This is the loan amount you will be taking for you.**2.**Loan interest rate.**3.**This is the loan tenure for which you take the loan.**4.**This is the EMI of your loan.**5.**Your Principal Loan Amount (Points: 1)**6.**total interest amount.**7.**This is your total amount due.- In this calculator, you can increase or decrease the number by moving the score bar forward or backward.

## Axis Bank Personal Loan EMI under various scenarios

As we told you that the EMI of personal loan depends on the loan amount, interest rate and loan tenure. Here we will understand the calculation of loan EMI in these different scenarios:

### Axis Bank Personal loan Calculator – When the interest rate is 12%

Suppose you take a personal loan from a bank at an interest rate of 12% per annum, then the EMI for different loan amounts and loan tenures will be as follows:

Loan Amount (Rs) | 1 year | 2 years | 3 years | 4 years |
---|---|---|---|---|

1,00,000 | 8,885 | 4,707 | 3,321 | 2,633 |

3,00,000 | 26,655 | 14,122 | 9,964 | 7,900 |

5,00,000 | 44,424 | 23,537 | 16,607 | 13,167 |

7,00,000 | 62,194 | 32,951 | 23,250 | 18,434 |

10,00,000 | 88,849 | 47,073 | 33,214 | 26,334 |

### If the interest rate is 14.5% per annum

If your personal loan interest rate is 14.50%, then your loan EMI will be as follows:

Loan Amount (Rs) | 1 year | 2 years | 3 years | 4 years |
---|---|---|---|---|

1,00,000 | 9,002 | 4,825 | 3,442 | 2,758 |

3,00,000 | 27,007 | 14,475 | 10,326 | 8,273 |

5,00,000 | 45,011 | 24,125 | 17,210 | 13,789 |

7,00,000 | 63,016 | 33,775 | 24,095 | 19,305 |

10,00,000 | 90,023 | 48,249 | 34,421 | 27,578 |

### What will be the EMI of Rs 20 lakh personal loan?

Suppose you take a loan of 20 lakh rupees at an interest rate of 15%, then the EMI of your loan will be as follows:

loan tenure |
EMI (Rs) |
interest amount | total amount payable |
---|---|---|---|

1 year | 1,80,517 | 1,66,199 | 21,66,199 |

2 years | 96,973 | 3,27,359 | 23,27,359 |

3 years | 69,331 | 4,95,904 | 24,95,904 |

4 years | 55,661 | 6,71,752 | 26,71,752 |

5 year | 47,580 | 8,54,792 | 28,54,792 |

#### conclusion

With the help of this article you **Axis Bank Personal Loan Calculator** Received complete information about. If you are taking a personal loan from Axis Bank, then you should first calculate the EMI of your loan so that you can know whether you will be able to repay the installment at the time of loan repayment or not.

For any kind of information regarding Axis Bank Personal Loan Calculator, you can write to us in the comments.

**At what percentage does Axis Bank offer Personal Loan?**

At present, the interest rate of this loan starts from 12% per annum.