Balance Transfer Calculator

Months
12 Months360 Months

₹50,000

₹10,00,00,000

Months
12 Months360 Months
%
1.0% p.a30% p.a
%
1.0% p.a30% p.a

₹0

₹49,999

Total Saving in Cash Outflow

92,58,787
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*Equated Monthly Installment'

EMI

Tenure

Total Amount Payable

1,37,621

These calculators are provided only as general self-help Planning Tools. Results depend on many factors, including the assumptions you provide. *All the amounts are Indicative.

Balance Transfer Calculator

Axis Finance Balance Transfer Calculator is a self-plan tool that helps to understand your potential savings while transferring your existing loan with another financial institution. It enables you to make a much more informed decision regarding the fact that whether a Balance Transfer makes financial sense in your case.  It helps you save considerable effort in making manual calculations and reduce errors. Prepare your balance transfer plan with ease, with hassle-free calculations.  

Balance Transfer Calculator

Frequently Asked Questions

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If you can not find your answers to your questions in our FAQ's, you can get in touch with us.

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Axis Finance balance transfer calculator is a tool that helps you calculate the potential savings that you could achieve by transferring your outstanding loan balance from one financial institute to Axis Finance. It calculates the outstanding EMI based on the new rate of interest and pending EMI period. 

A balance transfer calculator uses a formula that takes into account your outstanding loan balance, interest rate, loan tenure, and the new interest rate and tenure to calculate the potential savings.

A balance transfer is the process of transferring the outstanding balance on your loan from one financial institution to another. A lower interest rate or better terms can help you reduce your monthly payments and save you money on interest. 

Using a balance transfer calculator helps you understand the potential savings you could achieve by transferring your outstanding loan balance to another financial institution. This can help you make an informed decision and save money on interest.  

By entering different interest rates and tenures into the calculator, you can determine the potential savings and choose a balance transfer option that helps you save money on interest.

Most lenders allow you to transfer your loan balance at any time, but it is best to check with your lender for any specific rules and restrictions. 

A balance transfer can help reduce your monthly payments if you choose a financial institute with a lower interest rate or better terms. 

A balance transfer can increase or decrease your overall loan tenure depending on the new loan tenure you choose. 

Yes, there may be fees or charges associated with a balance transfer, such as processing fees, pre-payment penalties or foreclosure charges. It is best to check with your current lender for any specific fees or charges

Yes, you can use a balance transfer calculator for different types of loans such as personal loans, home loans, loan against property, and more.