Monthly EMI: ₹13,256 at 8.75% for 20 years. Total interest: ₹16,81,440.
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With a ₹15 Lakh home loan from Axis Bank at 8.75% for 20 years, you will pay a monthly EMI of ₹13,256. The total amount payable is ₹31,81,440, of which ₹16,81,440 is interest.
At 8.75% interest rate for 20 years, the EMI for ₹15 Lakh Home Loan from Axis Bank is ₹13,256 per month. Total interest payable: ₹16,81,440.
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 ₹15 Lakh at 8.75% for 20 years, you would pay approximately ₹16,81,440 as total interest, making the total repayment ₹31,81,440.
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 ₹15 Lakh home loan.