Monthly EMI: ₹12,923 at 8.4% for 20 years. Total interest: ₹16,01,520.
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With a ₹15 Lakh home loan from Canara Bank at 8.4% for 20 years, you will pay a monthly EMI of ₹12,923. The total amount payable is ₹31,01,520, of which ₹16,01,520 is interest.
At 8.4% interest rate for 20 years, the EMI for ₹15 Lakh Home Loan from Canara Bank is ₹12,923 per month. Total interest payable: ₹16,01,520.
Canara Bank offers Home Loan at 8.40 - 10.95% p.a. The actual rate may vary based on your credit score, income, and the loan amount.
For ₹15 Lakh at 8.4% for 20 years, you would pay approximately ₹16,01,520 as total interest, making the total repayment ₹31,01,520.
Canara Bank's prepayment policy for Home Loan: Nil for floating rate. Making prepayments can significantly reduce your total interest outgo.
Canara Bank offers competitive rates starting from 8.40 - 10.95% with tenure up to 30 years. Compare with other banks on this page to find the best option for your ₹15 Lakh home loan.