Axis Bank Personal Loan Calculator
Calculate the future value of your SIP investment
Loan Amount
Rate Of Interest
Loan Tenure
Summary
Based on the details provided, your monthly EMI is ₹11,355 for a principal loan amount of ₹10,00,000, with a loan tenure of 10 years and an interest rate of 6.5% per annum. The total interest payable over the loan tenure is ₹3,62,576, bringing the total repayment amount to ₹13,62,576.
Summary
Based on the details provided, your monthly EMI is ₹11,355 for a principal loan amount of ₹10,00,000, with a loan tenure of 10 years and an interest rate of 6.5% per annum. The total interest payable over the loan tenure is ₹3,62,576, bringing the total repayment amount to ₹13,62,576.
Total Investment Breakup
Lumpsum Investment
Interest Amount
Total Investment
| Year | Opening Balance (₹) |
Yearly Interest (₹) |
Yearly Principal (₹) |
Outstanding Balance (₹) |
|---|
Investing Made Easy
smallcase offers 500+ readymade stock baskets, created and managed by SEBI-registered investment experts
Try smallcase
Investing Made Easy
smallcase offers 500+ readymade stock baskets, created and managed by SEBI-registered investment experts
Popular smallcases
Articles to help you discover the top stock collections in from trending market sectors
Axis Bank Personal Loan Calculator
Get Precise EMI Estimates for Your Axis Bank Home Loan
Personal loans are a popular financial tool that helps individuals meet various financial needs, such as medical emergencies, education expenses, or travel costs. Axis Bank Personal Loan Calculator helps users estimate their EMI payments accurately. This article explores the features, functionality, and advantages of Axis Personal Loan Calculator, assisting individuals to understand their EMI affordability.
What is Axis Bank Personal Loan Calculator?
Axis Bank Personal Loan Calculator is an online financial tool designed to help users estimate their monthly loan repayments. It enables borrowers to input essential loan parameters, such as the loan amount, tenure, and rate of interest of personal loan in Axis Bank, to get an accurate EMI estimate. By providing instant results, the calculator assists in financial planning and helps individuals make informed borrowing decisions.
Features of Axis Bank Personal Loan Calculator
Axis Bank Personal Loan EMI Calculator is designed to simplify the loan planning process. Some of its key features include:
- User-Friendly Interface: The calculator has a simple and intuitive interface, allowing users to input loan details effortlessly.
- Real-Time Adjustments: Users can modify loan parameters and instantly see how changes affect their EMI.
- Graphical Representation: The calculator often provides visual insights, such as amortization schedules, to help users understand the repayment structure.
- Accessibility: Axis Bank PL Calculator can be accessed anytime, making loan planning convenient.
How Does Axis Bank Personal Loan Calculator Work?
Axis Bank Personal Loan Interest Rate Calculator uses a standard EMI formula to determine the monthly repayment amount. The formula used is:
EMI = [P × r × (1 + r) ^ n] / [(1 + r) ^ n – 1]
Where:
- P = Loan principal amount
- r = Monthly interest rate (Annual interest rate divided by 12)
- n = Loan tenure in months
This formula helps users determine how much they will need to pay each month, ensuring better financial planning.
Let’s consider an example:
- Loan Amount (P) = ₹5,00,000
- Rate of interest (r) = 12% per annum (or 1% per month)
- Loan Tenure (n) = 36 months
Using the formula:
After calculation, the EMI comes to ₹16,607.
Thus, users can use Axis Bank Personal Loan EMI Calculator to estimate their monthly payments before applying for a loan.
How to Use Axis Bank Personal Loan Calculator
Using Axis PL Calculator is simple. Follow these steps:
- Enter Loan Amount: Input the desired personal loan amount.
- Select Interest Rate: Provide the applicable Axis Bank Personal Loan Interest Rate.
- Choose Loan Tenure: Set the repayment period in months.
- Click Calculate: Axis Bank PL EMI Calculator will display the estimated EMI amount instantly.
Advantages of Using Axis Bank Personal Loan Calculator
Axis Personal Loan EMI Calculator offers several benefits, making it an essential tool for loan planning:
- Saves Time: Eliminates manual calculations and provides quick EMI estimates.
- Accurate EMI Estimation: It provides precise EMI calculations based on the principal amount, tenure, and rate of interest of personal loan in Axis Bank.
- Comparison Tool: Users can compare different loan options by tweaking interest rates and tenures.
- Transparency: Provides a clear understanding of loan repayments, including interest outflows and total loan costs.
To Wrap Up
Axis Bank Personal Loan Calculator is a useful tool that simplifies EMI calculations, helps individuals plan their finances effectively, and provides insights into their repayment schedule. By using Axis Personal Loan EMI Calculator, individuals can make informed decisions and ensure that their loan obligations align with their financial capacity. Whether you are looking for a new loan or planning to refinance an existing one, Axis Bank Personal Loan Interest Calculator can be an essential tool.
Disclaimers
The results provided by this calculator are for illustrative purposes only and are based on the inputs provided by the user, including the monthly or lump sum investment amount, expected rate of return, and the investment time period.
The calculator assumes a constant rate of return and does not account for market fluctuations. Therefore, the actual future value of the investment may differ from the estimated value.
smallcase makes no representations or warranties regarding the accuracy of the calculator’s results and is not responsible for any errors, omissions, or inaccuracies. The calculator does not consider taxes, fees, or other factors that may affect investment performance.
This calculator and the results generated are not intended as a solicitation to invest or as a recommendation for any particular investment product. Users are encouraged to consult with a qualified financial advisor before making any investment decisions.
Popular calculators on smallcase
Frequently Asked Questions
How accurate is Axis Bank Personal Loan EMI Calculator?
The calculator provides accurate estimates based on the inputs. However, actual loan terms may vary based on processing fees and additional charges.
Does the calculator account for processing fees?
The calculator focuses on EMI estimation and does not include processing fees. It’s advisable to confirm all charges with the bank.
Can I use the calculator for other types of loans?
Since you have to input basic details like loan tenure, interest rate and loan amount, Axis Bank Personal Loan EMI Calculator can be used for different loan products.
How does loan tenure affect the EMI?
Longer tenures typically result in lower EMIs but higher total interest paid, while shorter tenures have higher EMIs with lower total interest.
Are the interest rates fixed or variable?
Personal loan interest rates are usually fixed, meaning the rate remains constant throughout the loan tenure.
Discover Popular Articles by smallcase
Learn more about various financial instruments, trending sectors, popular themes, and companies that are thriving in the current markets before investing.
List of Top Dividend Mutual Funds – How do Dividend Funds Work?
Read More
Top-Performing Focused Funds in India for 2025
Read More
Best Mutual Funds for 1 Year: Types, Features, & Insights
Read More
Top Large Cap Mutual Funds in India for 2025: Best Funds Based on 5Y CAGR
Read More
Best Micro Cap Mutual Funds in India (2025)
Read More
List of Best Mutual Funds for Long-Term Based on 3Y CAGR
Read More
Stock Investing Made Easy
Simple, quick and delightful investing for you!
Scan to Download
Don't take our word for it
smallcase is trusted across the Indian investment ecosystem
Finally got access to @smallcaseHQ and gotta admit, it ‘s the most beautiful investment product I’ve ever seen.
first stock market investment today. in case you’re a stock market noob like me, highly recommend @smallcaseHQ!
One product that impressed me a lot in last 1 yr & also benefitted me personally is @smallcaseHQ – never got interested in markets earlier 🥇
Lately, been playing w/ stocks & wealth mgmt apps. Amongst all,@smallcaseHQ is the shining star. Absolute recco on 💻 & 📱
OK! I found @smallcaseHQ at this odd hour. ALAG LEVEL. Isn’t it alike your own mutual fund?
The best investment tech startup in India today.@smallcaseHQ hoping you guys are the catalyst to get the next million to the markets 🙂
@smallcaseHQ love your product! Kudos!
@smallcaseHQ! What a brilliant product. One of the best I’ve seen.
Agree ” mutual funds sahi hai “, but somehow started feeling smallcase better hai! ☺ What a product! Thanks @smallcaseHQ and@zerodhaonline !!
Felt like Buffett when I logged on to @smallcaseHQ today 😀 There are only two kind of ppl – those who have a Smallcase and those who will!
Take a bow @smallcaseHQ! What an incredible product! 🙏🏻 The ease at which you make equity investing happen – such a breath of fresh air!
They way I am promoting @smallcaseHQ I won’t be surprised if I am mistaken as their business development executive. Impressive product. Keep up the great work you are doing. Happy new year.
Ladies and gentlemen, check out @smallcaseHQ. Even if you don’t end up investing, you’ll be impressed by how pretty it is! 😘
Great way for those early to investing to get exposure to sectors/themes thru @smallcaseHQ. Well researched and easy to buy and manage portfolios.
Had an Amazing experience on building own #theme based#portfolio And guess what i can customise the amount i want to #invest and where to #invest@smallcaseHQ @AxisDirect_In
Fallen in love with @smallcaseHQ– what a smooth, smooth product. Anybody else here using it?
A very simple, low cost asset allocation solution using ETFs is to go for All Weather Portfolio offered by @smallcaseHQ
Invested for the first time during muhurat trading. Adult feels max!@smallcaseHQ 🙌🏻
You can save this tweet of mine. @smallcaseHQ is the future of investing. They will beat the best performing mutual fund and pms hands down. Absolutely no comparison. The sooner people realise this, the better will be their cagr.
Only the best —> @smallcaseHQ Thank me after 10 years.
2 years to this tweet and @smallcaseHQ is still my top rated product
@smallcaseHQ has to be the most unique “fintech” idea I’ve seen in India. Should’ve taken it seriously long back.
Gotta say this. Smallcase is KILLING IT!!!! 🔥
smallcase is one of those rare businesses creating real value for customers/investors, through original thinking and great product design. Go @smallcaseHQ
Haven’t seen a better product than @smallcaseHQ in a while. Stunning.
@smallcaseHQ is one of the best new products that I’ve tried 😍
No matter how much I praise @smallcaseHQ It will still be less for them. Fantastic App, they have made investing so much simple and sharing your fav stocks too. Gamechanger in the fintech ecosystem.
So, I have been using @smallcaseHQ for investing some money and it’s one of the best I would say for rookies like me. Go ahead and try it out.
