EMI: ₹1,94,096/month at 9.5%. Min income: ₹3,88,192/month.
A ₹1.5 Crore loan against property from Axis Bank at 9.5% interest for 10 years will cost you ₹1,94,096 per month as EMI. You will pay a total interest of ₹82,91,520 over the loan tenure. The minimum monthly income needed is ₹3,88,192 (assuming no existing EMIs).
Axis Bank Loan Against Property EMI for ₹1.5 Crore at 9.5% for 10 years is ₹1,94,096 per month.
You need a minimum monthly income of ₹3,88,192 for a ₹1.5 Crore loan against property from Axis Bank (at 9.5% rate, assuming no existing EMIs).
The total interest payable on ₹1.5 Crore loan against property from Axis Bank at 9.5% for 10 years is ₹82,91,520.
Axis Bank charges a processing fee of 1% of loan amount for Loan Against Property.
Axis Bank Loan Against Property prepayment policy: 2% within first 3 years, nil after.