Today we will tell you about the home loan of a private bank in the country, which is offering home loans to its customers at a very good interest rate. We are talking about the Axis Bank home loan.
Due to rising inflation, it has become very difficult for people to buy their own house nowadays. In such a situation, most people fulfill their dream of buying a house by taking a home loan from the bank. However, on taking a home loan, you have to pay a lot of extra money than the price of the house, but you pay this money every month through EMI.
If you are also planning to buy a house by taking a home loan from the bank, then it is very important for you to choose a good bank. Before taking a home loan, you must look at the interest rates of different banks and only then take a decision. Today we will tell you about the home loan of a private bank of the country, which is offering home loans to its customers at a very good interest rate. We are talking about Axis Bank's home loan.
Home loan from Axis Bank
If you take a home loan of 30 lakhs from Axis Bank, you will get it at an initial interest rate of 8.75 percent. However, this interest rate can also change depending on your CIBIL score. If the CIBIL score is low, you may have to take a home loan at a higher interest rate. If you take a home loan of 30 lakhs from Axis Bank for 30 years, you will have to pay Rs 23,601 every month as EMI. In this way, you will give a total of Rs 84,96,364 to the bank in 30 years. In this, Rs 54,96,364 will be only for your interest.
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