What is the rate of interest on loan in Axis Bank?
What is the rate of interest on loan in Axis Bank?
Interest rate and schedule of charges for personal loans with tenure more than 36 months
| Rate of Interest | 12% to 21% |
|---|---|
| Penal Interest | @ 24% per annum i.e. 2% per month on the overdue installment. |
| Duplicate statement issuance charges | Rs.250/- per instance per set + GST as applicable. |
What is the EMI for 4 lakhs personal loan?
Calculated Monthly EMI for 400000 of loan amount for 3 years at various rate of Interest :
| Loan Amount | Rate of Interest | Per Month EMI |
|---|---|---|
| 4 Lakh | 14.00% | Rs.13671.05 |
| 4 Lakh | 15.00% | Rs.13866.13 |
| 4 Lakh | 16.00% | Rs.14062.81 |
| 4 Lakh | 18.00% | Rs.14460.96 |
What is the EMI for 5 lakh loan?
Calculated Monthly EMI for 5 Lakh of loan amount for 3 years at various rate of Interest:
| Loan Amount | Rate of Interest | Per Month EMI |
|---|---|---|
| 5 Lakh | 15.00% | Rs.17332.66 |
| 5 Lakh | 16.00% | Rs.17578.52 |
| 5 Lakh | 18.00% | Rs.18076.2 |
| 5 Lakh | 20.00% | Rs.18581.79 |
How much loan can I get on 17000 salary?
Fullerton India Personal Loan Eligibility 2022
| Eligibility Criteria | Salaried | Self Employed Professionals |
|---|---|---|
| Minimum Income | ₹ 17,000 per month | ₹ 2 Lakh gross annual receipts |
| Maximum Loan Amount | ₹ 50,000 – ₹ 25 Lakh | ₹ 1.50 Lakh – ₹ 20 Lakh |
| Work Experience | 1 – 12 months | 36 months – |
| Loan Tenure | 12 – 48 months | 12 months – 48 months |
How much loan can I get on 16000 salary?
The maximum loan amount may range between 8 to 10 times your monthly income. Henceforth, you may become eligible for a maximum loan amount of Rs. 1,60,000 which can be repaid in a tenure that is comfortable to you. In case you are looking for a loan at better terms, you may check your eligibility here.
What is the interest on 1 lakh loan?
Looking for 1 lakh of personal loan….1 Lakh Personal Loan Interest Rates 2022.
| Banks | Interest Rates |
|---|---|
| HDFC Bank | 10.99 – 20.75% |
| ICICI Bank | 11.70 – 18.85% |
| Bajaj Finserv | 11.99 – 16.00% |
| Fullerton India | 14.00 – 33.00% |
What is current interest rate?
Today’s national mortgage rate trends If you’re looking to refinance your current loan, the national 30-year fixed refinance rate is 5.58%, an increase of 20 basis points from a week ago. Meanwhile, the national average 15-year fixed refinance rate is 4.74%, an increase of 9 basis points since the same time last week.
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