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what is the monthly EMI for House loan of 10 Lakhs with years of tenure.

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1
Hello Shaik,
As per the current SBI Home Loan Rate, you have to pay Rs.12292 pr month for a period of 10 years on Rs.1000000.
Manjunath Gupta


Apart from that, we should always take the loan from centralised banks and not from private banks. As private banks interest rates are too high compared to centralised banks. The normal range of Home loan interest rates are from 8.35% to 14.00%. SBI and ICICI bank has given a privilege to its women borrowers by providing them a home loan interest rate lesser than the home loan interest rate provided to the male borrowers.
Anil Kumar,  Chennai
23rd October 2018


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