Compare Indian Bank Home Loan Interest Rate with Top Banks
| Particulars | Indian Bank | SBI |
|---|---|---|
| Interest Rate | 7.55% – 7.85% | 6.65% – 7.05% |
| Processing Fees | Upto 0.23% Max ₹ 20,381 | NIL |
| Loan Tenure | 20 Years | 30 Years |
| Maximum Loan Amount | ₹ 5 Cr | ₹ 7 Cr |
Moreover, can I get a 90 home loan?
According to the guidelines issued by the Reserve Bank of India (RBI), the LTV ratio for home loans can go up to 90% of the property value for loan amounts of Rs. … 30 lakh and up to Rs. 75 lakh, the LTV ratio limit has been set to up to 80% while for loan amounts above Rs. 75 lakh, the LTV ratio can go up to 75%.
Secondly, how much home loan can I get on 15000 salary?
Here taking a salary as ₹ 30k, & without any fixed monthly obligation, you can pay a maximum of ₹ 15,000 as EMI considering 50% FOIR. If the interest rate is 10% per annum, the loan amount eligibility can be arrived at ₹ 17,09,806 using a home loan eligibility calculator (assuming 3 household members).
How much home loan can I get on 25000 salary?
25,000, you can avail as much as Rs. 18.64 lakh as a loan to purchase a home worth Rs. 40 lakh (provided you have no existing financial obligations.)
How much home loan can I get on 50000 salary?
How much home loan can I get on my salary?
| Net Monthly income | Home Loan Amount |
|---|---|
| Rs.25,000 | Rs.18,64,338 |
| Rs.30,000 | Rs.22,37,206 |
| Rs.40,000 | Rs.29,82,941 |
| Rs.50,000 | Rs.37,28,676 |
How much loan can I get on 60000 salary?
However, if you are deliberating on the loan amount with how much loan I can get on a 60,000 salary, the approved amount should be close to
| Salary | Expected Personal Loan Amount |
|---|---|
| Rs. 40,000 | Rs. 10.80 lakhs |
| Rs. 50,000 | Rs. 13.50 lakhs |
| Rs. 60,000 | Rs. 16.20 lakhs |
What is the EMI for 10 lakhs home loan for 10 years?
EMI Calculation for a Home Loan of Rs. 10 Lakh with Different Tenors
| Loan Amount | EMI when Tenor is 10 Years | EMI when Tenor is 15 Years |
|---|---|---|
| Rs. 10,00,000 | 13,215 | 10,746 |
What is the EMI for 20 lakhs home loan for 5 years?
EMI Calculation for 20 Lakh Home Loan amount for Various Tenure Options:
| Tenure Options | EMI Per Month |
|---|---|
| 5 Years | Rs. 39, 414 |
| 10 Years | Rs. 23,016 |
| 15 Years | Rs. 17,754 |
| 20 Years | Rs. 15,267 |
What is the EMI for 20 lakhs home loan?
EMIs on a 20 lakh home loan for 30 years
| Loan Amount | Interest rate | EMI |
|---|---|---|
| Rs.20 lakh | 6.70%* | Rs.17,551 |
What is the EMI for 25 lakhs home loan for 10 years?
EMI on a 25 lakh home loan for 20 years, 15 years and 10 years
| Loan Amount | EMI when Tenor is 10 Years | EMI when Tenor is 20 Years |
|---|---|---|
| Rs.25,00,000 | Rs.33,038 | Rs.24,126 |
What is the EMI for 30 lakhs home loan for 10 years?
EMI Calculations for a Home Loan of up to Rs. 30 Lakh with Different Tenors
| Loan Amount | EMI when Tenor is 10 Years | EMI when Tenor is 15 Years |
|---|---|---|
| Rs.30,00,000 | Rs.39,645 | Rs.32,238 |
What is the monthly interest on 20 lakhs?
How to Calculate EMI for 20 Lakh Personal Loan?
| Loan Amount (Rs.) | Interest Rate (p.a.) | Monthly EMI Payout (Rs.) |
|---|---|---|
| 20 lakh | 12.00% | 1,77,698 |
| 20 lakh | 13.00% | 1,78,635 |
| 20 lakh | 15.00% | 1,80,517 |
| 20 lakh | 20.00% | 1,85,269 |
Which bank gives cheapest home loan?
5 Best Private Sector Banks With The Cheapest Interest Rates On Home Loans
| Banks | Interest Rates |
|---|---|
| ICICI Bank | 6.75% to 7.30% |
| HDFC Bank | 6.75% to 7.30% |
| IDBI Bank | 6.95% to 10.05% |
| Axis Bank | 6.90% to 8.55% |
Which bank is best for home loan in India 2020?
Best banks to get your home loan in 2021
- Union Bank of India.
- Union Bank home loan interest rate.
- Kotak Mahindra Bank.
- Kotak Mahindra home loan interest rate.
- Bank of Baroda.
- Bank of Baroda home loan interest rate.
- Punjab National Bank.
- Punjab National Bank home loan interest rate.