Monthly EMI: ₹25,552 at 9.2% for 10 years. Total interest: ₹10,66,240.
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With a ₹20 Lakh loan against property from ICICI Bank at 9.2% for 10 years, you will pay a monthly EMI of ₹25,552. The total amount payable is ₹30,66,240, of which ₹10,66,240 is interest.
At 9.2% interest rate for 10 years, the EMI for ₹20 Lakh Loan Against Property from ICICI Bank is ₹25,552 per month. Total interest payable: ₹10,66,240.
ICICI Bank offers Loan Against Property at 9.20 - 11.75% p.a. The actual rate may vary based on your credit score, income, and the loan amount.
For ₹20 Lakh at 9.2% for 10 years, you would pay approximately ₹10,66,240 as total interest, making the total repayment ₹30,66,240.
ICICI Bank's prepayment policy for Loan Against Property: Nil for floating rate. Making prepayments can significantly reduce your total interest outgo.
ICICI Bank offers competitive rates starting from 9.20 - 11.75% with tenure up to 15 years. Compare with other banks on this page to find the best option for your ₹20 Lakh loan against property.