Axis Bank Home Loan EMI Calculator 2026 — Current Rates & Monthly Payment
Axis Bank offers home loans starting at 8.75% p.a. (floating rate, May 2026). For a ₹50 Lakh home loan over 20 years, the monthly EMI is approximately ₹44,186 with a total interest outgo of ₹56.05 L. Axis Bank offers maximum tenure up to 30 years. Use the calculator below to check EMI for your specific loan amount and tenure.
Last updated: 22 May 2026, 3:15 PM IST
Monthly EMI
₹44,186/month
at 8.75% for 20 years from Axis Bank
Axis Bank — Home Loan Details
Interest Rate
From 8.75% p.a. (floating)
Processing Fee
Up to 1% of loan amount (typically 0.50% for home loans)
Prepayment / Foreclosure
No prepayment charges on floating rate loans. Fixed rate carries 2% penalty.
Eligibility
Salaried: min age 24, max 70 at maturity. Min income ₹15,000/month. CIBIL score 700+.
Axis Bank Home Loan — Rates, Fees & Eligibility
A first-time home buyer in a metro city takes a ₹50 Lakh home loan from Axis Bank at their current rate of 8.75% for 20 years. The monthly EMI is ₹44,186, and the total interest over the full tenure is ₹56.05 L. Axis Bank charges a processing fee of Up to 1% of loan amount (typically 0.50% for home loans). On prepayment, no prepayment charges on floating rate loans. Fixed rate carries 2% penalty. For eligibility, salaried: min age 24, max 70 at maturity. Min income ₹15,000/month. CIBIL score 700+. Comparing rates: if the borrower gets a 0.25% discount (to 8.50%), the EMI drops to ₹43,391, saving ₹1.91 L over the loan tenure. Always negotiate — banks offer rate concessions for high CIBIL scores (750+), women borrowers, and balance transfer cases.
Data Sources
- RBI — Key Policy Rates (2026) — www.rbi.org.in
- Bank Websites — Latest Interest Rates (May 2026) — www.rbi.org.in
- NHB — Home Loan Guidelines (2025) — nhb.org.in
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Important: This calculator provides estimates based on the inputs and assumptions you provide. Results are mathematical projections, not financial advice or recommendations. Actual outcomes will vary based on market conditions, policy changes, individual circumstances, and factors not captured by this tool. Verify all figures independently and consult qualified professionals before making financial decisions.
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Frequently Asked Questions
What is Axis Bank home loan interest rate 2026?
Axis Bank home loan interest rates start from 8.75% p.a. (floating rate) as of May 2026. Rates vary based on loan amount, CIBIL score, and employment type.
What is the processing fee for Axis Bank home loan?
The processing fee is Up to 1% of loan amount (typically 0.50% for home loans). This is a one-time upfront charge deducted from the loan disbursement.
Can I prepay my Axis Bank home loan?
No prepayment charges on floating rate loans. Fixed rate carries 2% penalty.
What is the eligibility for Axis Bank home loan?
Salaried: min age 24, max 70 at maturity. Min income ₹15,000/month. CIBIL score 700+.
What is the maximum home loan tenure at Axis Bank?
Axis Bank offers home loans with maximum tenure of 30 years. The optimal tenure depends on your age, income, and repayment capacity.
Compare Other Home Loan Options
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Disclaimer
This calculator provides estimates based on the interest rates and tenure shown. Actual EMI may vary based on the bank's lending terms, processing fees, and any floating-rate revisions. Bank rates are sourced from public data and may not reflect the latest changes — always confirm with your bank before applying. This is not financial advice. RupayWise is not a loan broker or financial advisor.