Monthly EMI: ₹22,748 at 10.49% for 3 years. Total interest: ₹1,18,928.
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With a ₹7 Lakh personal loan from Axis Bank at 10.49% for 3 years, you will pay a monthly EMI of ₹22,748. The total amount payable is ₹8,18,928, of which ₹1,18,928 is interest.
At 10.49% interest rate for 3 years, the EMI for ₹7 Lakh Personal Loan from Axis Bank is ₹22,748 per month. Total interest payable: ₹1,18,928.
Axis Bank offers Personal Loan at 10.49 - 22.00% p.a. The actual rate may vary based on your credit score, income, and the loan amount.
For ₹7 Lakh at 10.49% for 3 years, you would pay approximately ₹1,18,928 as total interest, making the total repayment ₹8,18,928.
Axis Bank's prepayment policy for Personal Loan: 5% of outstanding. Making prepayments can significantly reduce your total interest outgo.
Axis Bank offers competitive rates starting from 10.49 - 22.00% with tenure up to 5 years. Compare with other banks on this page to find the best option for your ₹7 Lakh personal loan.