Axis Bank Personal Loan EMI

What it costs per month

On ₹5,00,000 over 5 years.

Principal and interest only. The processing fee, GST, documentation and any insurance sold alongside the loan are additional.

The two rows are the same loan at the two ends of the band Axis Bank publishes, and the difference between them — ₹3,188 a month, and more than twice the interest over the term — is decided by your credit profile rather than by negotiation. The Axis Bank personal loan rate page sets out the advertised floor and the ceiling behind those two figures.

For a different amount or tenure, run the EMI calculator with your own numbers rather than scaling these.

What sits outside the EMI

The table above is principal and interest. The processing fee is separate, and where a fee is quoted without tax you need to add 18% GST to get what you actually pay — Axis Bank personal loan fees and charges lists those in full.

How it compares

Axis Bank is the joint cheapest of the 8 providers we track, level with HDFC Bank, ICICI Bank and IDFC First Bank at 9.99%. The Axis Bank personal loan overview pulls the rate, the EMI and the fees together, and personal loan interest rates today shows every lender on the board.

Terms change without notice. Confirm the current figures with Axis Bank before you act.