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Axis Bank Education Loan for ₹30 Lakh

EMI: ₹49,340/month at 9.7%. Min income: ₹98,680/month.

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Your Details
Income Details
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Loan Parameters
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Eligibility Results
Maximum Eligible Loan
₹ 0
Monthly EMI
₹ 0
Total Interest
₹ 0
Total Payment
₹ 0
Monthly Income
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Existing EMIs
₹ 0
0%
New Loan EMI
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Remaining Income
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Axis Bank Education Loan for ₹30 Lakh - Key Details

Interest Rate
9.7% p.a.
Monthly EMI
₹49,340
Total Interest
₹11,44,560
Total Payment
₹41,44,560
Min Income Required
₹98,680/mo
Processing Fee
Nil

A ₹30 Lakh education loan from Axis Bank at 9.7% interest for 7 years will cost you ₹49,340 per month as EMI. You will pay a total interest of ₹11,44,560 over the loan tenure. The minimum monthly income needed is ₹98,680 (assuming no existing EMIs).

Frequently Asked Questions

What is Axis Bank education loan EMI for ₹30 Lakh?

Axis Bank Education Loan EMI for ₹30 Lakh at 9.7% for 7 years is ₹49,340 per month.

What income do I need for ₹30 Lakh education loan from Axis Bank?

You need a minimum monthly income of ₹98,680 for a ₹30 Lakh education loan from Axis Bank (at 9.7% rate, assuming no existing EMIs).

What is the total interest on ₹30 Lakh education loan from Axis Bank?

The total interest payable on ₹30 Lakh education loan from Axis Bank at 9.7% for 7 years is ₹11,44,560.

What is Axis Bank's processing fee for ₹30 Lakh education loan?

Axis Bank charges a processing fee of Nil for Education Loan.

Can I prepay my Axis Bank education loan?

Axis Bank Education Loan prepayment policy: Nil.

₹30 Lakh Education Loan from Other Banks

SBIFrom 8.15 - 10.70%HDFC BankFrom 9.00 - 13.68%ICICI BankFrom 9.25 - 13.00%Kotak Mahindra BankFrom 10.00 - 16.00%Bank of BarodaFrom 7.95 - 10.45%PNBFrom 8.10 - 10.90%Canara BankFrom 8.00 - 10.75%Union BankFrom 8.05 - 10.60%Indian BankFrom 8.00 - 10.30%IDBI BankFrom 8.25 - 11.25%

Other Axis Bank Education Loan Amounts

₹5 LakhEMI ₹8,223/mo₹7 LakhEMI ₹11,513/mo₹10 LakhEMI ₹16,447/mo₹15 LakhEMI ₹24,670/mo₹20 LakhEMI ₹32,893/mo₹25 LakhEMI ₹41,116/mo₹40 LakhEMI ₹65,786/mo₹50 LakhEMI ₹82,233/mo