Personal loan is a banking product offered by a bank or NBFC to fulfill the urgent requirement of money. You can easily apply for a personal loan as it is collateral-free. There are many banks in the market that can provide you personal loans, But Axis bank offers you personal loans at an attractive interest rate. Find more about the Axis Bank Personal loans in the further article.
Interest rate of Axis Bank Personal loans Axis bank provides you a loan amount ranging from Rs.50,000 to 15 lakh on personal loans. The bank decides the loan amount by examining the applicant's credit history and the ability of repayment. Axis bank personal loan interest rate starts from 12.00% to 24%. To ease out the burden of repayment of the loan amount immediately you can opt for the EMI option. In EMI facility you just need to choose a compatible loan tenure from 12 to 60 months, and can pay the EMI using cheques or auto-debit. You can also check your loan EMIs using the Axis Bank Personal loan EMI calculator. Just input the loan details and it will provide you the calculated EMI of your loan amount. Eligibility criteria for Axis bank personal loan Make your dreams come true with Axis Bank Personal loans, Take the foreign vacation you have been delaying for a long time or renovate your house. But to get an Axis Bank personal loan there are certain eligibility criteria you must have passed for your loan approval. Which is as follows:
You can also easily check your loan eligibility using the Axis Bank eligibility calculator. It will provide you the maximum loan amount you are eligible to apply. Axis Bank Personal loan fee and charges Apart from the Axis bank personal loan interest rate, you have to pay some additional charges to the bank. The schedule charges is as follows:
Features of Axis Bank personal loan Let's just take a look at some of the Axis Bank features that differ from the other loan providers.
Instant disbursal: The loan amount will be credited to your account within 24 hours of loan approval.
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Having their own home is a commonly shared dream of Indians. Considering the house prices, people usually opt for the home loan facility provided by several banks and financial institutions. As the leading private sector bank of India, IDFC Bank provides a wide range of home loan products that include Simple, Short & Sweet, Booster, and Max Saver Home Loan.
Wouldn’t it be great if you were able to calculate the EMI amount before taking the home loan? Well, the IDFC Bank home loan EMI calculator serves this purpose of yours with the utmost perfection. People who do not have an estimate about the EMI amount end up spending all their income in repaying the loan amount every month. This can also burn off all their savings, so it is advised to use the calculator so that you can organize your budget. In this article, you’ll know the exact way by which you can do so in an easy and hassle-free manner. Don’t let your scroller stop, keep reading! What are the details that I will need to use IDFC Bank Home Loan EMI Calculator? Well, you must be thinking that to use this, you will have to need big, complex details. Sorry to break your assumption, but this doesn’t need anything like that. You’ll need a few basic details like loan amount, tenure period, etc. You can find all these details below where we have explained them further. Loan Amount: IDFC bank provides loan amount upto INR 10 crores and you can get a loan amount upto 85% of the property value. You can fill the desired amount according to your repayment capability. Rate of Interest: IDFC Bank home loan interest rates range from 9.15% to 9.60% per annum. This is the second thing that you’ll need to fill in the calculator. The rate of interest given to you also depends on various factors such as age, annual income, employment type, etc. Tenure Period: The third thing which you need to fill in the calculator is the number of months for which you want to take a home loan. The maximum number of months can be 360 (30 years). After filling all the details into the EMI calculator, you will get the accurate EMI amount within a few seconds, which will help you manage your finances better. Besides this, it will also give you the interest amount that you’ll be paying over the tenure period. How can you check your eligibility with the help of the IDFC Bank Home Loan Eligibility Calculator? You can check your eligible loan amount by putting in a few details into the IDFC Bank Home Loan eligibility calculator. These details include gross monthly income, any other monthly income, existing EMIs, tenure period, and rate of interest. As soon as you put these details into the calculator, it will give you the exact home loan amount that you’re eligible to get. There are also a few other eligibility criteria that an individual has to fulfill. You can have a look at them below.
CIBIL score defines your trustworthiness as a borrower. The higher your CIBIL score, the easier it would be for the banks to trust you. But sometimes people do have a low CIBIL score and sometimes, not even have one. Being one of the largest lenders of the bank, HDFC bank provides a credit card to these type of individuals against a fixed deposit.
An HDFC credit card against FD acts like a secured credit card as the fixed deposit amount acts as collateral in case of any default from your side. The limit of your credit card will be a certain percentage of your fixed deposit amount. So fret not, if you do have a low credit score or even no credit score, an HDFC credit card against FD is always there for you to avail. HDFC has several credit cards that can be issued against the fixed deposit, but in this article, we will talk about the HDFC Freedom Card which is packed with amazing reward points and cashback offers. What are some exciting features of the HDFC Freedom Credit Card? An HDFC Freedom credit card gives rewards in various categories like dining, entertainment, groceries, railways, and many others. You can have a look at these features mentioned below.
Fees and Charges: The joining and annual fee on this card is fixed at INR 500. Also, you can get your renewal fee waived off by spending INR 60,000 in a year. Am I eligible for an HDFC Freedom Card? You can answer this question yourself by looking at the conditions given below.
Axis Bank credit card payment is something that credit card users would want to make as soon as possible. And why shouldn’t they? Nobody wants to pay the excruciating interest penalty that comes by failing to pay on due dates. Definitely, a well-managed credit card with timely bill payment has numerous benefits for the cardholder. Let’s dive into the benefits that you can reap by making Axis Bank credit card payment before the due date:
Late payment fees - Rate of interest charged on credit card due to late payment can be worrisome. Reason being the interest penalty can soar as high as 30-40% approximately. This can stress you out and affect your living standards. If you make the payment on time, you can enjoy living a regular life. Rewards and Offers - Axis Bank rewards you with certain points and offers if you make the credit card bill payment on time. Credit Score - When you make timely payment of credit card bills, your credit score improves. If your credit score was low due to which you were denied a loan, this is your way to get it back on track. Make sure you pay your credit card bills on time and you’ll start noticing difference in your credit score report instantaneously. Establishes a Good Relationship: With the timely payment of credit card bills, the bank starts identifying you as a customer with good credit worthiness. This in turn increases your chances of getting future loan approvals without any hassle. How to Make Axis Bank Credit Card Payment? Axis Auto-Debit Feature: Axis offers the automatic payment wherein the card dues get debited automatically from your Axis bank account on the due date. All you have to do is fill out a form stating that you want to auto debit funds towards the Axis Credit card account and send it to the address mentioned on Axis’s website. Internet Banking: All Axis credit card customers can use the Net Banking facility to pay their credit card bills. It is one of the most convenient and best methods by which you can clear your credit card bill by just navigating through a few steps. All you have to do is just link your credit card account to your Axis Net Banking account. Axis Mobile Banking App: Once smartphone was a luxury, but today it is a necessity. Everyone is hooked to their phones from watching their favourite shows to listening music to making payments. So Axis Bank introduced its mobile app through which customers can pay their credit card bills with ease and comfort. All they have to do is log into the app and go to the Credit Card section. Click on “Pay Bill” and the app will automatically deduct the outstanding amount from the savings account. Cheque/Cash Payment at Branch: Cheque and cash payment are also accepted at Axis Bank branches. On the cheque, mention the 16 digit credit card account number, and it will be payable to the Axis Credit Card Account. The cheque can be deposited at any of the Axis branches or ATMs. Similarly, you can make cash payments by depositing the money to the teller at the Axis branch. Or the bank sends collection agents who will come to your house and collect the cash on behalf of Axis bank. YES Bank, a private sector bank, has thrived on the competition by offering a suite of financial products that capture the imagination of people. One such product is a home loan that it gives for purchase, construction, renovation or extension of a housing unit. But that won’t be enough to sum up that YES Bank Home Loan is worth applying for. You need to figure out the effect of interest rates it charges, on your overall repayment. We can help you by letting you know the same.
YES Bank Home Loan Interest Rate & Other Charges YES Bank Home Loan interest rates range from 9.85%-12% per annum. The bank sets the rate based on income, repayment potential, property value, credit score, etc. Besides, the bank charges a processing fee that constitutes 2% of the loan amount plus the applicable Goods and Services Tax (GST). How to Sum Up the Effect of YES Bank Home Loan Interest Rate? You can easily gauge the effect of Interest Rate on your repayment using YES Bank Home Loan EMI Calculator. The calculator makes it easy to compute the repayment which otherwise can be tough to calculate. The calculation depends on three - loan amount, interest rate and tenure. You not only get to see the Equated Monthly Installment (EMI) but also the outflow of interest over the loan course. While interest rate and loan amount bear a direct relationship with the EMI & interest outgo, tenure has an inverse relationship with those. More the loan amount & interest rate, greater will be the EMI and interest outgo & vice-versa. On the other side, the longer the tenure, lesser will be the EMI and vice-versa. However, the interest liability will be more with a longer tenure. Shall You Glance at the Amortization Schedule Using YES Bank Home Loan EMI Calculator? The EMI calculator also shows you a schedule of interest & principal repayments to be made in a year. Besides, it also lets you know the estimated outstanding balance at the end of every year. Looking at the calculator can help you decide on the time by which you can prepay the loan. The prepayment can be made in part or in full. You can thus invest in products like mutual funds and grow your money to the desired level. Home loan prepayment happens with zero charges. So, if you do generate the surplus over time, it won’t be of any harm to use it to prepay. Shall You Make a Home Loan Balance Transfer to YES Bank? Now that you know the YES Bank Home Loan Interest Rate, you can decide whether transferring your existing loan balance here will be of any substance or not. If your existing lender is charging more than what YES Bank does, it would be worth shifting the loan balance to the latter. It will not only help reduce the interest repayment over time but also the monthly obligation i.e. an Equated Monthly Installment (EMI). However, a balance transfer would require a few formalities -
Indiabulls is one of the renowned housing finance companies (HFCs) offering customized home loans to address the unique requirements. The loans are offered at interest rates starting from 8.80% per annum. Plus, you can get a maximum of 30 years to repay the debt. But then, one must make sure the Indiabulls Home Loan must not disturb the short-term and long-term loan obligations. For that, you need to figure out the interest and EMI repayments over the loan course. You can take the help of Indiabulls Home Loan EMI Calculator to do so. Let’s check out how the calculator helps you plan your repayment better.
How Does the Indiabulls Home Loan EMI Calculator Perform? The calculator helps sum up the repayment in few seconds. You can just enter the amount of loan, interest rate and tenure in the prescribed space to compute the Equated Monthly Installment (EMI), which is a sum of interest and principal amount repayable over the loan course. Not only the EMI, the calculator also tells the extent of interest you will pay to the lender. What is Indiabulls Home Loan Interest Rate? Indiabulls charges interest rates of 8.80%-12% per annum on home loans. Greater the rate of interest, higher will be Equated Monthly Installment (EMI) and vice-versa. This makes it vital for you to bargain for a lower rate to repay the loan easily. The bargain can be successful if you are earning high, have a solid credit history, etc. Is It Necessary to Tinker with Your Loan Tenure? Yes, you should be careful choosing a tenure. You may focus greatly on the interest rate and lose attention on tenure only to hurt you later on. It’s not advisable to opt for the highest loan tenure possible even as the monthly obligation i.e. EMI remains low. It’s because of the fact that a very long tenure can increase the interest liability too much over time. At the same time, you can’t choose a very short tenure as that will mean a very EMI causing discomfort in repaying the same on time. That’s why you would be served well if you choose a tenure that can strike a balance between the monthly and long-term obligations. Check Amortization Schedule Using Indiabulls Home Loan EMI Calculator The amortization schedule shows the extent of principal and interest payment made in a year. It also tells the outstanding loan balance in a particular year. This helps indicate you the time by which you can prepay the loan before it completes its lifetime. Prepaying the loan can save years of interest repayment. How Shall You Go About Prepaying Indiabulls Home Loan? You can’t simply rely on the assumption that your salary will be 10X or you get a massive booster surplus all of a sudden to prepay the loan. You need to keep investing regularly in financial products such as mutual funds that can offer a greater degree of diversification. You can invest small amounts periodically to attain a surplus that would be sufficient to prepay the loan. A travel trip to abroad always comes with a few complications such as carrying the currency of the nation you’re traveling to. Also, there are various What amount should you carry and the ways to carry it. There are many ways available such as travelers' cheque, money in debit or credit card, or prepaid travel card. But there is another option which is safest among all - Prepaid Forex Card.
With the help of a forex card, you can carry multiple forms of currency in one single card. This is the most secure and safest form of carrying money while traveling abroad. Various banks and financial institutions provide the facility of prepaid forex cards to their customers. You can also withdraw cash with the help of a forex credit card. In this article, we will tell you about some of the best forex credit cards in India. YES Bank Multi-Currency Travel Card: This forex card by YES bank comes under the list of best forex card in India because of its security and cost-effectiveness. This card acts as a perfect partner during your travel to multiple foreign destinations as you can load up to 15 widely-used currencies in the world. The foreign exchange currency rate is locked-in at the time of issuance and will be the same during the validity of your card. You can manage your card from anywhere at any time with the help of a prepaid card customer care portal online. You can check your card summary, last 10 transactions and many more. Axis Bank World Traveller Forex Card: Forget about loading different currency into your card each time you travel to a new destination, as this card lets you enjoy a hassle-free travel experience. With this card, you can earn reward points on loading and also, while making any spend. This card lets you pay in 17 most widely famous currencies in the world. You can save upto 4% as compared to other forex options. You can also choose your customized image to use on the card. With the contactless technology, you can pay by just waving your card. MakeMyTrip HDFC Bank ForexPlus Card: What makes this HDFC Bank travel card one of the best forex cards in India is the features like chip & PIN enabled transactions, backup card availability, and many others. You can load up to 22 currencies in one single card which lets you enjoy your travel without any worry. Also, you can get insurance upto ₹ 25 lakh just by having this card. The issuance fee for this card is fixed at ₹ 500 plus GST charges and you can reload the card by paying only ₹ 75 as the loading charges. ICICI Bank Travel Card: Being one of the largest private sector banks of India, ICICI bank also offers forex card to customers. With this card, you can save the cost of changing currencies in different countries and avoid the rate change by loading your card with 15 different currencies in one single card. In case of any theft or misplacement, you can get a brand new replacement card which can be activated instantly. There are various travel cards by ICICI such as Goibibo, Coral, Sapphiro, Student, Multi Currency travel card from which you can choose the best one for you. All these cards come under the list of best forex card in India. UCO Bank is one of the major public sector banks operating in India that provides various lending products to the customers. Amongst the lending products, UCO Bank personal loan is one of the popular lending options. The reason for its popularity is the affordable interest rates at which the loan is provided. While other banks of India are providing personal loans at around 15%, UCO Bank is giving at as low as 11.45% and as high as 11.75%. You don’t have to cut down on your luxury because of the friendly nature of UCO bank personal loan interest rates. It keeps your EMI as low as possible to help you enjoy your life better. However, there are some factors that determine the interest rates the bank will charge on your loan.
Factors that Determine UCO Personal Loan Interest Rates: 1. High Salary: One of the biggest eligibility criteria that UCO takes into consideration is that whether you’re a salaried individual or not. If you have a high net monthly income, UCO offers you low interest rates. This is because your monthly income is a projection of your repayment capability. Higher the monthly income, lower is the risk of defaulting. Thus, you can negotiate with the bank to offer you the lowest interest rate if you have a high net monthly income. 2. Credit Score: Credit score is a reflection of your credit worthiness. In India, scores by TransUnion CIBIL is widely accepted. CIBIL score ranges from 300-900, where 300 is considered as the worst and 900 the best. UCO Bank easily gives loans to customer if they’ve a score of 750 and above.UCO personal loan interest rates are low if you’ve maintained a good CIBIL score. 3. Good Relationship: If you’re an existing customer and your relationship with UCO Bank has been a good one, chances are that the bank may offer you personal loan at low interest rates. This is only possible if you’ve been good in terms of servicing your old loans or credit cards. So remember to pay your credit card dues on time to avail loan at low UCO personal loan interest rates. How can the UCO Personal Loan EMI Calculator Help You? Before taking a personal one should be clear about three things - EMIs (monthly installments), Principal Amount, Interest Rates. Knowing these factors well-in-advance will help you plan out your post-loan life, like, how much you’ll be spending and how much you’ll be saving. The UCO Bank Personal Loan EMI Calculator helps you do that. What are the Features of the UCO Personal Loan EMI Calculator? Easy to Use: This calculator is very to use just like the regular calculator. All you have to do is enter a few details and within milliseconds you’ll have everything on your screen. Trust us, it’s no rocket science. It’s designed for the common man. Saves Time: In our busy lives, who wants to do one more complex calculation? This is where UCO Bank Personal loan EMI calculator helps. Calculating the compound interest over a period can be quite complex. Also, EMI calculation is a tough nut to crack. But with this calculator it’s all easy and saves so much of your time. Exact Calculation: Using this EMI calculator, you’ll have better clarity on how much monthly outgo of funds will happen from your income, how much interest you’ll be paying over the years and your tenure period to service the loan. Comparison: Based on the result derived from the EMI calculator, you can compare the loan offers provided by other banks. You’ll be surprised to find that the UCO Bank will be the best option for you. Bajaj Finserv is an NBFC which provides loan to the customers at a reasonable interest rate. It comes with flexible tenures from 12 to 60 months. You can also calculate your loan EMI using the Bajaj Finserv Personal loan EMI Calculator. How the EMI calculator works? What is the need for EMI calculator? We find out the answers to these questions in the given article.
Need of an EMI calculator The EMI calculator helps in calculating the user total Equated monthly interest of the personal loan. It is easy to use you just need to enter your loan amount, loan tenure & applicable interest. Bajaj Finserv personal loan EMI calculator do the required calculations, and present the resultant EMI. What is the Bajaj Finserv Personal loan Interest rate? The Bajaj Finserv offers you personal loans to meet your urgent money requirements such as for wedding expenses, house renovation, medical emergency, education, etc. Bajaj Finserv personal loan interest rate is comparatively low and the starting range of interest is from 12.99% to 16%. You may get a loan up to Rs. 25 lac, it is an unsecured loan that means you do not need to give any collateral. Eligibility criteria for Bajaj Finserv personal loans The applicant must be a minimum age of 23 years and a maximum age of 55 years. You should be a salaried person employed with an MNC, public or private sector company. The minimum salary of the applicant for a personal loan may depend on the applicant's city of residence. At least Rs. 35,000 salary required to apply for a Bajaj Finserv personal loan. The user can also check the loan eligibility by using the Bajaj Finserv personal loan eligibility calculator. It will let you know the exact personal loan amount you will be eligible for. You can apply for the same amount to avoid the chances of loan application rejection. Tax benefit on Bajaj Finserv personal loan The loan amount is not considered as your income that’s why the government does not charge any tax on the personal loans. You have to pay tax for the loan amount which you have taken from a non-banking institute or an unknown source. The user might also get some tax benefits on specific use of the loan amount such as for house renovation and education. Ways to get a Bajaj Finserv personal loan You can easily apply for a personal loan by just following the given steps: Step 1 – Fill in the information, including your personal, employment and financial details in the online application form on the Bajaj Finserv website. Step 2 - Select the loan tenor and the loan amount you’ll be needed for an instant approval. Step 3 - Submit the relevant documents to a representative of Bajaj Finserv, who would contact you soon Step 4 - Get the required loan amount disbursed into your bank account within 24 hours of loan approval This how you can apply for a personal loan and fulfill your requirements. Wouldn’t it be easier if you were able to know the EMI and interest amount on your home loan beforehand so that you can manage your finances in a better way? Well, there is one easy way by which you can know it before opting for a home loan facility. It is known as SBI Home Loan interest rate calculator. With this calculator, you can easily count the total interest amount payable over your loan period and also the monthly installments.
Provided by one of the most preferred banks of our country, State Bank of India (SBI), this interest calculator is nothing but a magical tool. If you’re planning to opt for a home loan from SBI, you must use this calculator to have an estimate about the monthly installments and the interest amount on your loan amount. If you want to know more about this calculator and the eligibility for a home loan from SBI, this article will serve you well. What are you waiting for then, keep reading! What are the details that I will need to use SBI Home Loan Interest Rate Calculator? Well, you must be thinking that you would need some complex numbers to get the desired interest amount and EMI. But let me tell you that you’ll be needing a few basic details to get the result. You’ll find SBI home loan interest calculator as the easiest to function. Below are the three details that you’ll need to get your results. Loan Amount: The first thing that you’ll need to put in a calculator is the desired loan amount. SBI can offer a minimum and maximum loan of ₹5 lakh and ₹2 crore, respectively. You need to remember that this amount depends on various factors like age, credit score, employment type, and others. SBI Home Loan Interest Rate: After the desired loan amount, you need to put the interest rate in the required space which ranges from 8.35% to 9.10% per annum. You should choose a lower rate of interest according to your repayment capability as the rates directly affect your EMI amount. Tenure Period: In the last step, you need to fill up the number of years for which you will be opting for a home loan. Currently, you can have an SBI loan for a period ranging from 5 years to a maximum of 30 years. After putting all these details into SBI home loan interest calculator, you can check the interest amount. You can also check the monthly installment amount. All this calculation will be done within a second. Just think about what if you had to do all this manually? It certainly would’ve been a complex and tiring process to perform. But with this calculator, you can save a lot of your time. Also, feel free to check the interest amount as much time as you want with different values. What are the eligibility criteria for getting SBI Home Loan? There are a few conditions that an applicant has to fulfill to be eligible for a home loan. These are mentioned below.
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Anika Sharma
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