Monthly EMI: ₹88,371 at 8.75% for 20 years. Total interest: ₹1,12,09,040.
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With a ₹1 Crore home loan from Axis Bank at 8.75% for 20 years, you will pay a monthly EMI of ₹88,371. The total amount payable is ₹2,12,09,040, of which ₹1,12,09,040 is interest.
At 8.75% interest rate for 20 years, the EMI for ₹1 Crore Home Loan from Axis Bank is ₹88,371 per month. Total interest payable: ₹1,12,09,040.
Axis Bank offers Home Loan at 8.75 - 13.30% p.a. The actual rate may vary based on your credit score, income, and the loan amount.
For ₹1 Crore at 8.75% for 20 years, you would pay approximately ₹1,12,09,040 as total interest, making the total repayment ₹2,12,09,040.
Axis Bank's prepayment policy for Home Loan: Nil for floating rate. Making prepayments can significantly reduce your total interest outgo.
Axis Bank offers competitive rates starting from 8.75 - 13.30% with tenure up to 30 years. Compare with other banks on this page to find the best option for your ₹1 Crore home loan.