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APR Calculator

The Annual Percentage Rate (APR) is a method to compute annualised credit cost, which includes interest rate and loan origination charges.

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Loan Amount (`)
Loan Amount should be between 50,000 to 15 Cr
Tenure (Month)
Tenure should be between 60 to 360 Months
Rate of Interest (%)
Rate of Interest should be between 6% to 20%
Loan origination charges (`)
Loan Origination charges should be between 0 to 50 lacs Loan origination charges should not be more than loan amount.

Notes on how to use the Calculator.

  • The APR depends on various factors like rate of interest, processing fee etc. The APR calculator is provided for customer’s convenience to compare the annual cost of credit.
  • The APR calculator is provided to compute annualized credit cost which includes rate of interest and charges, applicable at the time of loan origination.
  • The APR calculator does not include charges like stamp duty, prepayment charges, CERSAI charges etc.
  • To calculate APR, please provide input for Loan Amount in INR, Tenure in months, rate of interest (without %) and processing fee of your Loan.
  • Basis the four fields, calculator will show the APR in output field.
  • The output values mentioned in the APR calculator are based on the input provided in the respective field, as indicated in the calculator. You are requested to use the calculator without making any changes to the calculator to achieve desired output. Axis Bank shall not be responsible for any output produced due to changes in the calculator or incorrect input feed.

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