Monthly EMI: ₹1,28,753 at 8.35% for 20 years. Total interest: ₹1,59,00,720.
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With a ₹1.5 Crore home loan from Union Bank at 8.35% for 20 years, you will pay a monthly EMI of ₹1,28,753. The total amount payable is ₹3,09,00,720, of which ₹1,59,00,720 is interest.
At 8.35% interest rate for 20 years, the EMI for ₹1.5 Crore Home Loan from Union Bank is ₹1,28,753 per month. Total interest payable: ₹1,59,00,720.
Union Bank offers Home Loan at 8.35 - 10.75% p.a. The actual rate may vary based on your credit score, income, and the loan amount.
For ₹1.5 Crore at 8.35% for 20 years, you would pay approximately ₹1,59,00,720 as total interest, making the total repayment ₹3,09,00,720.
Union Bank's prepayment policy for Home Loan: Nil for floating rate. Making prepayments can significantly reduce your total interest outgo.
Union Bank offers competitive rates starting from 8.35 - 10.75% with tenure up to 30 years. Compare with other banks on this page to find the best option for your ₹1.5 Crore home loan.