|
1L |
25L|
50L|
75L|
1Cr|
1.25Cr|
1.50Cr|
1.75Cr|
2Cr
1L |
25L|
50L|
75L|
1Cr|
1.25Cr|
1.50Cr|
1.75Cr|
2Cr
|
5% |
7.5% |
10% |
12.5% |
15% |
17.5% |
20%
5% |
7.5% |
10% |
12.5% |
15% |
17.5% |
20%
|
1 |
5 |
10 |
15 |
20 |
25 |
30
1 |
5 |
10 |
15 |
20 |
25 |
30
EMI
₹ 44,941
Interest Payable
₹ 30,89,454
Total Payment
(Principal + Interest)
₹ 80,89,454
What does EMI stands for?
EMI stands for Equated Monthly Installment.
Home loan interest rate of various banks in India
Updated/Verified on: 6 May 2021
| Bank | Interest Rate | Benchmark |
|---|---|---|
| Kotak Bank | 6.65% | RLLR |
| State Bank of India (SBI) Home Interest Rate | 6.70% | RLLR |
| HDFC Bank | 6.75% | PLR |
Source:
- Kotak Mahindra Bank - https://www.kotak.com/en/personal-banking/loans/home-loan/interest-rates.html
- SBI Bank - https://sbi.co.in/web/interest-rates/interest-rates/loan-schemes-interest-rates/home-loans-interest-rates-current
- HDFC Bank - https://www.hdfc.com/housing-loans/home-loan-interest-rates