Monthly EMI: ₹13,256 at 8.75% for 20 years. Total interest: ₹16,81,440.
| Year | Principal | Interest | Balance |
|---|
With a ₹15 Lakh home loan from IndusInd Bank at 8.75% for 20 years, you will pay a monthly EMI of ₹13,256. The total amount payable is ₹31,81,440, of which ₹16,81,440 is interest.
At 8.75% interest rate for 20 years, the EMI for ₹15 Lakh Home Loan from IndusInd Bank is ₹13,256 per month. Total interest payable: ₹16,81,440.
IndusInd Bank offers Home Loan at 8.75 - 11.70% p.a. The actual rate may vary based on your credit score, income, and the loan amount.
For ₹15 Lakh at 8.75% for 20 years, you would pay approximately ₹16,81,440 as total interest, making the total repayment ₹31,81,440.
IndusInd Bank's prepayment policy for Home Loan: 4% for fixed rate, nil for floating. Making prepayments can significantly reduce your total interest outgo.
IndusInd Bank offers competitive rates starting from 8.75 - 11.70% with tenure up to 25 years. Compare with other banks on this page to find the best option for your ₹15 Lakh home loan.