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You can buy your own house with Axis Bank Home Loans it can provide you the best home loan schemes at affordable rate of interest. And, to make your loan process easy the bank provides a home loan calculator using which you can know your loan EMIs. Axis Bank home loan calculator is an online tool that calculates your monthly loan installments. Read the given article to know about the loan calculator benefits and Axis Bank home loan. Instantly calculate your EMIs with Axis Bank home loan calculator You can use the calculator easily by mentioning your home loan details like the borrowed loan amount (P), loan repayment tenure (N) and interest rate (R). Because the Axis Bank home loan calculator determines your EMI using the formula [P x R x (1+R)^N]/[(1+R)^N-1]. It calculates your loan EMI instantly in milliseconds and makes it easier for you to plan the loan payment.  You can repay your borrowed loan amount in 30 years using auto-debit, PDCs, ECS payment methods. For instanc...

Axis Bank is standing firmly amongst its competitors across the products it offers to individuals. The list of products even includes a home loan by which you can buy your dream home. It offers a high quantum of loan to help you buy a home with ease. The fact that the loan is available to both salaried and self-employed makes it more exciting. You can get a loan for a maximum of 30 years, making repayment easier through Equated Monthly Installments (EMIs). However, it’s the interest rate that decides greatly the shape of your repayment. Whether the Axis Bank Home Loan Interest Rate can ensure a smooth payment? For that, you need to gauge the effect of interest rate on your budget. We can help you by providing critical information on the same. Let’s get started. Axis Bank Home Loan Interest Rate Details Axis Bank offers home loans at varied interest rates according to the quantum of finance. Plus, the loan is benchmarked to 6-month MCLR, the short form of Marginal Cost of Le...

While choosing a home loan, you need to keep a few things in mind. These are interest rates, maximum loan amount and tenure the lender is offering. At Axis Bank, there are total 6 schemes available for home loans. So, most of the people directly opt for a scheme they need instead of going with a regular home loan. One important tool to identify your needs is a loan calculator. Axis Bank home loan calculator is very helpful in identifying whether or not your loan is suiting your budget or not. But, is this tool enough? Well, home loans are a long term commitment and may continue up to 30 years. You should be able to pay it without affecting your other expenses. Since 30 years is a long time, many big changes will happen during this period. Such as if you take this loan is your 20s or 30s, your major expenses will happen during this time frame. Your child’s education and marriage are most likely to take place within this period. So, a loan calculator might be the best tool w...