For example, Rahul applied for a Home Loan of ₹30 Lakhs. The loan was sanctioned at an interest rate of 8.50% p.a. with a repayment tenure of 20 years (240 months).
In such a case, Rahul's approximate EMI would be ₹26,035 per month.
| Repayment Period | Minimum 1 year to Maximum 7 years |
| Annual Percentage Rate (APR) | Minimum 9.99% to Maximum 17% |
| Processing Fees | 1% to 2% |
| Stamp Duty Charges | ₹ 500 |
Find answers to common questions related to Home Loan and financial services.