Monthly EMI: ₹17,293 at 8.45% for 20 years. Total interest: ₹21,50,320.
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With a ₹20 Lakh home loan from PNB at 8.45% for 20 years, you will pay a monthly EMI of ₹17,293. The total amount payable is ₹41,50,320, of which ₹21,50,320 is interest.
At 8.45% interest rate for 20 years, the EMI for ₹20 Lakh Home Loan from PNB is ₹17,293 per month. Total interest payable: ₹21,50,320.
PNB offers Home Loan at 8.45 - 10.25% p.a. The actual rate may vary based on your credit score, income, and the loan amount.
For ₹20 Lakh at 8.45% for 20 years, you would pay approximately ₹21,50,320 as total interest, making the total repayment ₹41,50,320.
PNB's prepayment policy for Home Loan: Nil for floating rate. Making prepayments can significantly reduce your total interest outgo.
PNB offers competitive rates starting from 8.45 - 10.25% with tenure up to 30 years. Compare with other banks on this page to find the best option for your ₹20 Lakh home loan.