(Use our Axis Bank Home Loan EMI Calculator to quickly and accurately plan your finances and find the best loan options.)
Below is a detailed breakdown of how your payments are distributed:
| 🗓 Month | 💸 Principal (P) | 💰 Interest (I) | 💳 Total (P+I) | 💼 Pending |
|---|
For Axis Bank Home Loan EMI Calculator COKDO is a valuable online tool that helps you estimate your monthly loan payments. By entering the loan amount, interest rate, and tenure, you can quickly see your EMI obligations. This tool streamlines financial planning and aids in effective budgeting.
It’s simple! Just follow these 3 easy steps.
Input the total amount you wish to borrow from Axis Bank for your home loan.
Enter the applicable interest rate for your home loan (typically ranging from 8.75% to 10.50%, depending on your credit score).
Select the repayment period, which can range from 3 years to 30 years.
The calculator will then show your monthly EMI, detailing the principal and interest components. This enables you to grasp the financial commitment and plan accordingly.
Our COKDO Axis Bank Home Loan EMI Calculator offers numerous advantages:
| Eligibility Criteria | Salaried Individuals | Self-employed Individuals | NRI (Non-Resident Indians) |
|---|---|---|---|
| Age | 21 to 60 years | 21 to 65 years | 21 to 60 years |
| Income | Minimum ₹25,000 per month | Minimum ₹2 lakh annual income (ITR) | Minimum ₹40,000 per month |
| Work Experience | Minimum 2 years of continuous employment | Minimum 3 years in current business | Minimum 2 years of continuous employment (overseas) |
| Loan Tenure | Up to 30 years | Up to 30 years | Up to 20 years |
| Credit Score | Preferably 700 and above | Preferably 700 and above | Preferably 700 and above |
| Documents Required | Identity Proof, Address Proof, Income Proof, Property Documents, Bank Statements, Passport and Visa for NRI | ||
| Category | Bureau Score | Salaried | Self-employed |
|---|---|---|---|
| Vanilla Home Loans (Including Plot) | No Hit | 9.30% p.a. | 9.65% p.a. |
| 700 | 9.65% p.a. | 10.00% p.a. | |
| 700 - 750 | 9.50% p.a. | 9.85% p.a. | |
| 751 and above | 8.75% p.a. | 9.10% p.a. | |
| Fixed Rate Loans (All other Home Loan Product Variants) | 14.00% p.a. | ||
Note: The interest rate for customers depends on credit assessment and product variants.
| Document Category | Documents Required |
|---|---|
| KYC Documents |
Any one of the following: - Passport - Driving License - Aadhaar Card - Voter's ID - PAN Card |
| Date of Birth Proof |
Any one of the following: - Passport - Aadhaar Card with DOB - Birth Certificate - SSC Marksheet |
| Proof of Income (Salaried) |
- Latest 2 months pay slip - Latest 6 months bank statement showing salary credits - Latest 1 year's Form 16 |
| Proof of Income (Self-Employed) |
- 2 years ITR, P&L, Balance Sheet (with CA stamp) - 6 months bank statement (personal & business) - Business continuity proof (3 years) |
| Loan Agreement & Annexures |
- MCLR consent letter - Schedule of Loan Agreement - Disbursement request letter - Property documents as per transaction |
| NACH Mandate / Security Cheques |
- NACH / SI mandate with canceled cheque - 3 undated security PDCs - 1 undated cheque with blank amount |
| Insurance Details |
- Property insurance application (mandatory) - Life/General insurance application (if applicable) |
| Balance Transfer / Takeover |
- Existing loan details - 6 months bank statement from EMI-deducting account - Sanction letter, Loan Agreement copy |
| Sanction Letter |
- Duly accepted and signed by all applicants - All sanction conditions to be met |
| Other Documents |
- Own contribution receipts - TDS challan & bank statement for tax deduction - CA Certificate or audited balance sheet for business applicants |
Plan your home purchase with confidence using the reliable and easy-to-use Axis Bank Home Loan EMI Calculator powered by COKDO. Get accurate EMI calculations instantly by entering your loan amount, interest rate, and tenure. This tool helps you understand your monthly payments clearly, making home financing simple and stress-free.
COKDO Axis Bank Home Loan EMI CalculatorFor General Queries: 1860-419-5555 / 1860-500-5555
Toll-Free Line: 1800-103-5577
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