Monthly EMI: ₹2,06,625 at 11% for 10 years. Total interest: ₹97,95,000.
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With a ₹1.5 Crore loan against property from Hero FinCorp at 11% for 10 years, you will pay a monthly EMI of ₹2,06,625. The total amount payable is ₹2,47,95,000, of which ₹97,95,000 is interest.
At 11% interest rate for 10 years, the EMI for ₹1.5 Crore Loan Against Property from Hero FinCorp is ₹2,06,625 per month. Total interest payable: ₹97,95,000.
Hero FinCorp offers Loan Against Property at 11.00 - 15.00% p.a. The actual rate may vary based on your credit score, income, and the loan amount.
For ₹1.5 Crore at 11% for 10 years, you would pay approximately ₹97,95,000 as total interest, making the total repayment ₹2,47,95,000.
Hero FinCorp's prepayment policy for Loan Against Property: 4% for first 3 years, nil after. Making prepayments can significantly reduce your total interest outgo.
Hero FinCorp offers competitive rates starting from 11.00 - 15.00% with tenure up to 15 years. Compare with other banks on this page to find the best option for your ₹1.5 Crore loan against property.