Use Axis Bank Personal Loan Calculator for Planned Payment!

You can get personal loans from Axis bank despite any need for money. The bank doesn’t ask you the purpose and gives the desired amount at an attractive rate of interest. By just a small paperwork, you can get the loan instantly in your account. But after that, you need to pay the loan and charge interest on equated monthly loan installments. Read the given article and know how an Axis Bank personal loan calculator helps you with the payment. 

Tool for every user!

Axis Bank provides access to the personal loan EMI calculator for every customer whether they have a relation with the bank or not. You can use the tool by using your smartphones or desktop. Just visit the Axis bank website, and select the “personal loan” when you are directed to the page on the upper section of it, you can see the EMI calculator. 

Before applying for the loan, you can use Axis Bank personal loan calculator by entering your desired amount, interest rate and change the duration to see the EMI variants. Axis Bank provides you a repayment duration of 5 years maximum for the loan payment with the interest rate. In these 5 years or whatever tenure you have chosen, you can get rid of the EMI if you meet with a lump sum amount through promotion, bonus, etc.

How to do payment for Axis Bank personal loan?

The payment becomes your primary responsibility, because Axis Bank helps you in the financial situation. And by doing payment, you not only get rid of the burden but get your credit history built stronger day by day. So pay your loan EMI, to do so you need to choose from the payment methods Axis Bank provides you. There are 2 different types mainly offline and online, in offline there is use of post-dated cheques for the payment of your EMI. while in the online via the ECS service EMI is debited from your bank account.

According to the Axis Bank personal loan eligibility, if you are an Axis customer for a quite long time, or your salary credited in the Axis Bank account, you can use Standard Instruction service. It works quite similar to ECS and auto-debits the EMI on the set date.

Does Axis Bank personal loan eligibility for loan determine the charges on it?

No, the charges on your Axis Bank personal loan won’t change with the eligibility. As there are already mentioned lists of charges that can’t be ruled out for any reason until the bank changes them. The borrower needs to pay INR 500 to set the payment service for their Axis Bank personal loan with the applicable GST on it. And to change the payment method during the tenure you have to pay the same charge. On due payment of EMI, a 2% penalty charge is payable with the next EMI. You can calculate the penalty interest using the Axis Bank personal loan calculator.

Now, get your loan with Axis Bank and manage the payment with the online calculator tool so there could not be any problem during the payment. With the INR 15,000 of salary, you can get the loan from Axis Bank and fulfill your need with it.