About Axis Bank lending
Axis Bank's home loans are priced from about 8.75% for strong profiles, with the rate rising for higher loan-to-value ratios and lower credit scores. The bank offers tenures up to 30 years and a range of part-prepayment options.
Personal loans from the bank can go up to 22% or more for higher-risk profiles, so the difference between the best and worst quote on the same product is unusually wide. Get the annualised rate in writing before comparing.
Axis Bank indicative rates
Ranges compiled 28 October 2026. Rates depend on your credit score, income and the loan-to-value ratio — always confirm with the bank before deciding.
| Product | Indicative rate | Typical tenure |
|---|---|---|
| Home loan | 8.75% – 10.50% | Up to 30 years |
| Personal loan | 10.99% – 22.00% | 1 – 7 years |
| Car loan | 9.25% – 12.00% | Up to 7 years |
| Business loan | 13.00% – 19.00% | Up to 5 years |
How to use this calculator
- Enter the amount you plan to borrow from Axis Bank.
- Set the rate the bank has quoted you, and the tenure in months.
- Compare the total interest with a second lender's offer — that number, not the EMI, is what a lower rate really buys you.
How the EMI is worked out
EMI = [P × r × (1 + r)n] ÷ [(1 + r)n − 1], where P is the principal, r the monthly rate (annual ÷ 12 ÷ 100) and n the tenure in months. Every bank in India uses this reducing-balance method.
What an extra ₹2,000 a month would do
Same loan, same rate, one extra payment every month. This is the cheapest way to cut the total cost of any loan.
| Scenario | Monthly payment | Loan closes in | Total interest |
|---|
Floating-rate home loans to individuals carry no prepayment penalty in India. Personal and car loans often charge 2–5% of the outstanding amount — check before you prepay.
Year-wise amortisation schedule
How the loan actually unwinds: the interest share falls every year while the principal share rises.
Show the year-by-year break-up
| Year | Principal paid | Interest paid | Balance left |
|---|
Frequently asked questions
Does Axis Bank charge for part-prepayment?
On floating-rate home loans to individuals, no. On fixed-rate loans and personal loans, a charge of 2–4% of the prepaid amount is common.
What documents does an Axis Bank home loan need?
KYC, salary slips or ITR for the last two to three years, bank statements for six months, and the property's title and approval documents.
Is Axis Bank good for a first home loan?
It is a reasonable option if the rate is competitive and the processing is quick. Compare the total cost — rate plus fees — against at least two other lenders before deciding.
Can the EMI change during the tenure?
Yes, on a floating-rate loan the bank resets the EMI or the tenure when the benchmark rate changes.