During the Corona pandemic, RBI instructed banks to offer a 6-month loan moratorium to all borrowers. 

Axis Bank provides a detailed explanation of the Moratorium policy and its impact on your repayment schedule. If you are an Axis Bank customer, you can avail of the moratorium facility online by registering your mobile number. 

Axis Bank does not provide a Moratorium EMI calculator on its website. However, you can calculate the impact of opting for the moratorium through calculators provided by other websites. 

The Moratorium EMI calculator will have the following components. 

  • Loan Amount
  • Tenure
  • Interest rate
  • Pending EMIs
  • Moratorium period

You can select the moratorium period for up to 6 months and calculate the impact on your repayment. You also have the option of changing your EMI amount or changing your tenure. If you want to pay the same EMI amount, it will increase the tenure and if you like to keep the tenure the same, it will increase the EMI amount.