EMI: ₹30,930/month at 8.75%. Min income: ₹61,860/month.
A ₹35 Lakh home loan from Axis Bank at 8.75% interest for 20 years will cost you ₹30,930 per month as EMI. You will pay a total interest of ₹39,23,200 over the loan tenure. The minimum monthly income needed is ₹61,860 (assuming no existing EMIs).
Axis Bank Home Loan EMI for ₹35 Lakh at 8.75% for 20 years is ₹30,930 per month.
You need a minimum monthly income of ₹61,860 for a ₹35 Lakh home loan from Axis Bank (at 8.75% rate, assuming no existing EMIs).
The total interest payable on ₹35 Lakh home loan from Axis Bank at 8.75% for 20 years is ₹39,23,200.
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.