What Is The EMI For 15 Lakhs Home Loan?

What is the interest of 1 lakh in SBI?

2.75%Interest Rates on Savings Bank DepositsSavings Bank deposit slabsExisting Rate of InterestSB Deposit accounts with balances upto Rs.

1 lakh2.75% p.aSB Deposit accounts with balances above Rs.

1 lakhi) 2.75% p.a.

for balance upto Rs.

1 lakh ii) 2.75% p.a.

for balance above Rs.

1 lakh..

What is the EMI for 10 lakhs home loan?

EMI Calculation for a Home Loan of Rs. 10 Lakh with Different TenorsLoan AmountEMI when Tenor is 10 YearsEMI when Tenor is 15 YearsRs. 10,00,00013,21510,746

Can I get a loan of 1 lakh?

1 lakh personal loan from Bajaj Finserv. Enjoy instant approval and disbursal within only 24 hours, hassle-free application process and easy to meet eligibility criteria for instant financing. … 1 lakh amount. You can select a flexible repayment tenor ranging up to 60 months to repay the loan with ease.

How much loan can I get on 27000 salary?

With a salary of ₹ 27,000, the maximum amount for which he is eligible is ₹ 5.93 Lakh. The interest he has to pay for this amount for 60 months is 12.99%.

How much home loan can I get on 15000 salary?

Salary of 15000, Am I eligible for Loan? Check here onlineProductSalaryMax. loan amountPersonal Loan15000140000Home Loan15000850000Car Loan15000310000Credit Card15000

How much home loan can I get on 40000 salary?

40,000, then your EMI should not exceed 50% of your income. However, if your monthly salary is greater than Rs. 40,000, then your EMI should not exceed 65% of your monthly salary. Most lenders offer home loan up to 80% of home value, and the rest 20% has to be borne by you.

Can I get 15 lakh loan?

15 lakh with flexible repayment….Axis Bank Personal Loan Details.Interest Rate12% – 21% p.a.Loan AmountUp to Rs.15 lakhLoan TenureUp to 5 yearsMinimum Income RequiredRs.15,000 (monthly)

How much loan can I get if my salary is 25000?

Here taking a salary as ₹ 25k, & without any fixed monthly obligation, you can pay a maximum of ₹ 12,500 as EMI considering 50% FOIR. If the interest rate is 10% per annum, the loan amount eligibility can be arrived at ₹ 13,73,026 using a home loan eligibility calculator (assuming 3 household members).

Can I buy a house with 40000 salary?

Mortgage Rule of Thumb. Lenders typically want no more than 28% of your gross (i.e., before tax) monthly income to go toward your housing expenses, including your mortgage payment, property taxes, and insurance. Once you add in monthly payments on other debt, the total shouldn’t exceed 36% of your gross income.

What will be the EMI for 25 lakhs home loan?

Current EMI for ₹ 25 Lakh loan is ₹ 16,132 and EMI for ₹ 30 Lakh loan is ₹ 19,358 for a 30 year loan at the minimum interest rate.

How is loan amount calculated?

The mathematical formula for calculating EMIs is: EMI = [P x R x (1+R)^N]/[(1+R)^N-1], where P stands for the loan amount or principal, R is the interest rate per month [if the interest rate per annum is 11%, then the rate of interest will be 11/(12 x 100)], and N is the number of monthly instalments.

Can I get 20 lakhs education loan?

The Credit Guarantee Fund for Education Loans (CGFEL) Scheme provides a guarantee for education loan dispersed by banks under the Model Education Loan Scheme of Indian Banks’ Association (IBA). … Under the CGFEL scheme you can get a loan up to Rs 10 lakh for study in India and up to Rs 20 lakh for studying abroad.

How can I get 50 lakh loan?

Eligibility for The LoanLoan Amount: Loan amounts equivalent to 60% of the property’s value can be disbursed for an individual pledging a residential property. … Age: Salaried individuals should be in the age bracket of 21 to 60 years and self-employed should be between 25 to 65 years. … Credit Score:

What is the EMI for 13 lakhs home loan?

13 Lakh Home Loan EMI DetailsRepayment PeriodEMI Per Month5 YearsRs. 2561910 YearsRs. 1496015 YearsRs. 1154020 YearsRs. 99232 more rows

How much loan can I get on 50000 salary?

How much home loan can I get on my salary?Net Monthly incomeHome Loan AmountRs.30,000Rs.22,37,206Rs.40,000Rs.29,82,941Rs.50,000Rs.37,28,676Rs.70,000Rs.52,20,1461 more row

What is the EMI for 20 lakhs home loan?

EMIs on a 20 lakh home loan for 30 yearsLoan AmountInterest rateEMIRs.20 lakh10%Rs.17,551

How much EMI can I get for 5 lakhs?

EMI Calculation for 5 Lakh Home Loan amount for Various Tenure Options:Tenure OptionsEMI Per Month5 YearsRs. 9,85310 YearsRs. 5,75415 YearsRs. 4,43820 YearsRs. 3,8172 more rows

Can I get 10 lakh loan?

With Bajaj Finserv, you can avail a high-value Mortgage Loan of up to Rs. 10 Lakh at affordable rate of interest. Both salaried and self-employed individuals can avail the loan.

What is the EMI for 12 lakhs home loan?

Banks which are offering 12 Lakh home loan amount at 6.80% rate of interest….Emi Calculated on 6.80%.Monthly Payment (EMI)Total Interest Payable in 20 yearsTotal Payment (Principal + Interest) after 20 years for 12 Lakh of loan amountRs. 9160Rs. 998418Rs. 2198418

Can I buy a home with 50000 salary?

It’s definitely possible to buy a house on $50K a year. For many, low-down-payment loans and down payment assistance programs are making home ownership more accessible than ever. … The amount you can afford doesn’t just depend on your salary, but on your mortgage rate, down payment, and more.

How much loan can I get if my salary is 30000?

5,40,000. On the other hand, if you are wondering – how much personal loan can I get on a 40,000 salary, the loan sanction amount will be close to Rs….Multiplier Method.SalaryExpected Personal Loan AmountRs. 20,000Rs. 5.40 lakhsRs. 30,000Rs. 8.10 lakhsRs. 40,000Rs. 10.80 lakhsRs. 50,000Rs. 13.50 lakhs1 more row•Apr 8, 2020