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Example: For a ₹20 lakh loan at a 7.5% annual interest rate over 10 years, the EMI would be calculated as: EMI: 20,00,000 x 0.00625 x (1 + 0.00625)^120 divided by [ (1 + 0.00625)^120 - 1] So, the EMI per month will be ₹23,740 for 10 years or 120 months. We are third largest private sector bank in India offering entire spectrum of financial services for personal & corporate banking.EDGE REWARD earn rules on select banking txns for Axis Bank Priority Savings A/c will be discontinued WEF 1-4-21. Click Here for details for details. W.E.F 1/4/2020, Free Cash Transaction Limit, EDGE REWARD Earn Rules Will Change & 10% Cashback On Priority Debit Card Will Discontinue. For Details Click Here. for …Axis Bank 24x7 Loans offer you an end-to-end digital, instant and simple process to avail funds depending upon your need. Ask AHA! Axis Bank 24x7 Instant Loan is digital, simple and provides seamless paperless process that can be availed online anytime, anywhere. 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