Calculate Your EMI

₹30,00,000
₹1 Lac₹5 Cr
8.5%
6%20%
20 Years
1 Year30 Years
Monthly EMI ₹26,035
Principal Amount₹30,00,000
Total Interest₹32,48,384
Total Payment₹62,48,384
Principal Interest
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EMI Formula

EMI = P × r × (1+r)^n / ((1+r)^n – 1)

Where P = Principal, r = monthly rate, n = tenure in months

Bank Interest Rates

BankRate (approx.)
SBI8.40% – 9.65%
HDFC Bank8.50% – 9.85%
ICICI Bank8.75% – 9.80%
PNB8.40% – 9.70%
Axis Bank8.75% – 9.40%
Bank of Baroda8.40% – 10.60%

* Rates are indicative. Contact bank for exact rates.

Documents Needed

  • Identity Proof (Aadhaar/PAN)
  • Address Proof
  • Income Proof / Salary Slips
  • Bank Statements (6 months)
  • Property Documents
  • IT Returns (2 years)