EMI: ₹26,511/month at 8.75%. Min income: ₹53,022/month.
A ₹30 Lakh home loan from Axis Bank at 8.75% interest for 20 years will cost you ₹26,511 per month as EMI. You will pay a total interest of ₹33,62,640 over the loan tenure. The minimum monthly income needed is ₹53,022 (assuming no existing EMIs).
Axis Bank Home Loan EMI for ₹30 Lakh at 8.75% for 20 years is ₹26,511 per month.
You need a minimum monthly income of ₹53,022 for a ₹30 Lakh home loan from Axis Bank (at 8.75% rate, assuming no existing EMIs).
The total interest payable on ₹30 Lakh home loan from Axis Bank at 8.75% for 20 years is ₹33,62,640.
Axis Bank charges a processing fee of Up to 1% of loan amount for Home Loan.
Axis Bank Home Loan prepayment policy: Nil for floating rate.