Calculate loan against property EMI from 27+ banks and NBFCs. Compare interest rates starting from 8.70 - 10.90% p.a.
| Year | Principal | Interest | Balance |
|---|
Compare loan against property interest rates and EMI from all major Indian banks and NBFCs.
For ₹75 Lakh · Tenure: 10 years
| Bank | Interest Rate | Monthly EMI | Total Interest |
|---|---|---|---|
| SBI | 8.70 - 10.90% | ₹93,793 | ₹37,55,160 |
| Canara Bank | 8.95 - 12.00% | ₹94,804 | ₹38,76,480 |
| HDFC Bank | 9.00 - 11.50% | ₹95,007 | ₹39,00,840 |
| PNB | 9.00 - 11.50% | ₹95,007 | ₹39,00,840 |
| Union Bank | 9.00 - 11.80% | ₹95,007 | ₹39,00,840 |
| IDBI Bank | 9.00 - 12.00% | ₹95,007 | ₹39,00,840 |
| IDFC First Bank | 9.00 - 14.00% | ₹95,007 | ₹39,00,840 |
| Bajaj Finserv | 9.00 - 16.00% | ₹95,007 | ₹39,00,840 |
| Kotak Mahindra Bank | 9.10 - 12.50% | ₹95,413 | ₹39,49,560 |
| Indian Bank | 9.10 - 11.60% | ₹95,413 | ₹39,49,560 |
| Bank of India | 9.10 - 12.60% | ₹95,413 | ₹39,49,560 |
| Bank of Baroda | 9.15 - 12.15% | ₹95,617 | ₹39,74,040 |
| ICICI Bank | 9.20 - 11.75% | ₹95,821 | ₹39,98,520 |
| Central Bank | 9.20 - 12.70% | ₹95,821 | ₹39,98,520 |
| Tata Capital | 9.25 - 14.00% | ₹96,025 | ₹40,23,000 |
Loan Against Property EMI (Equated Monthly Instalment) is the fixed monthly payment you make towards your loan against property repayment. It includes both principal and interest components. Use the EMI calculator on this page to find your exact EMI.
Loan Against Property EMI is calculated using the formula: EMI = P × r × (1+r)^n / ((1+r)^n - 1), where P is the principal, r is the monthly interest rate, and n is the total number of months. Our calculator uses this standard reducing balance formula.
Loan Against Property interest rates vary across banks and are updated regularly. Public sector banks typically offer slightly lower rates. Check the comparison table on this page for current rates from all major banks.
Common documents required for Loan Against Property include identity proof (Aadhaar/PAN), address proof, income proof (salary slips or ITR), bank statements (6 months), and property-specific documents if applicable.
You can reduce your EMI by: choosing a longer tenure, negotiating a lower interest rate, making a larger down payment, or maintaining a high credit score (750+). You can also refinance to a bank with a lower rate.