Loan against property EMI Calculator – Mar 2019

Need some urgent money to invest in business? Want some surplus cash for your daughter’s marriage? Urgent need of funds because of medical emergency? All this and much more reasons could create a hole in your financial planning and saving if you don’t have enough funds to support. In such cases, a loan against property comes in handy. It is accessible, easy, fast and simple. You need not to wait for longer time to get the amount if your property is qualified for loan against property.

The banks are receiving more and more application from the customers to avail loan against property. The loan against property is gaining steady growth in the market. The experts are forecasting a steady growth of 22% in the next year too. It will reach to Rs 5 lakh crore by March 2019. It is a big business and banks are gaining profit out of it. But it is not only profitable for banks, rather it is the most convenient loan for borrowers. It is the best mate and solution at the time of urgent need of money. Your property is your asset, which could help in the time of financial problems and needs. Let’s take a look at the key points of loan against property and EMI calculations.

Purpose of borrowing loan against property

  • Expanding your business
  • Starting a new business or venture
  • Marriage of your son/daughter
  • Higher education of your child
  • Funding your dream vacation
  • Expansion of your existing property
  • Buying a new property
  • Funding medical emergency
  • Transferring your outstanding loan against availed loan

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Disclaimer: We do not provide Home Loans but help you to connect with banks to get best deals.
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Loan Against Property EMI Calculator

Loan Amount     Rs.
Interest Rate % Per Annum
Loan Tenure Years
Installment Date
Results
Loan Amount Rs. 17,00,000
Monthly Instalment (EMI) Rs. 15,846
Total Interest Amount Rs. 21,03,095
Total Amount (Principal + Interest) Rs. 38,03,095
Installment NoInstallment DateOpening BalanceEMIInterestPrincipal
201704/2017 To 12/2017Rs. 17,00,000Rs. 1,42,614Rs. 1,20,431Rs. 22,183
201801/2018 To 12/2018Rs. 16,77,817Rs. 1,90,152Rs. 1,58,017Rs. 32,135
Jan01/2017Rs. 16,77,817Rs. 15,846Rs. 13,283Rs. 2,563
Feb02/2017Rs. 16,75,254Rs. 15,846Rs. 13,262Rs. 2,584
Mar03/2017Rs. 16,72,670Rs. 15,846Rs. 13,242Rs. 2,604
Apr04/2017Rs. 16,70,066Rs. 15,846Rs. 13,221Rs. 2,625
May05/2017Rs. 16,67,441Rs. 15,846Rs. 13,201Rs. 2,645
Jun06/2017Rs. 16,64,796Rs. 15,846Rs. 13,180Rs. 2,666
Jul07/2017Rs. 16,62,130Rs. 15,846Rs. 13,159Rs. 2,687
Aug08/2017Rs. 16,59,443Rs. 15,846Rs. 13,137Rs. 2,709
Sep09/2017Rs. 16,56,734Rs. 15,846Rs. 13,116Rs. 2,730
Oct10/2017Rs. 16,54,004Rs. 15,846Rs. 13,094Rs. 2,752
Nov11/2017Rs. 16,51,252Rs. 15,846Rs. 13,072Rs. 2,774
Dec12/2017Rs. 16,48,478Rs. 15,846Rs. 13,050Rs. 2,796
201901/2019 To 12/2019Rs. 16,45,682Rs. 1,90,152Rs. 1,54,828Rs. 35,324
Jan01/2017Rs. 16,45,682Rs. 15,846Rs. 13,028Rs. 2,818
Feb02/2017Rs. 16,42,864Rs. 15,846Rs. 13,006Rs. 2,840
Mar03/2017Rs. 16,40,024Rs. 15,846Rs. 12,984Rs. 2,862
Apr04/2017Rs. 16,37,162Rs. 15,846Rs. 12,961Rs. 2,885
May05/2017Rs. 16,34,277Rs. 15,846Rs. 12,938Rs. 2,908
Jun06/2017Rs. 16,31,369Rs. 15,846Rs. 12,915Rs. 2,931
Jul07/2017Rs. 16,28,438Rs. 15,846Rs. 12,892Rs. 2,954
Aug08/2017Rs. 16,25,484Rs. 15,846Rs. 12,868Rs. 2,978
Sep09/2017Rs. 16,22,506Rs. 15,846Rs. 12,845Rs. 3,001
Oct10/2017Rs. 16,19,505Rs. 15,846Rs. 12,821Rs. 3,025
Nov11/2017Rs. 16,16,480Rs. 15,846Rs. 12,797Rs. 3,049
Dec12/2017Rs. 16,13,431Rs. 15,846Rs. 12,773Rs. 3,073
202001/2020 To 12/2020Rs. 16,10,358Rs. 1,90,152Rs. 1,51,323Rs. 38,829
Jan01/2017Rs. 16,10,358Rs. 15,846Rs. 12,749Rs. 3,097
Feb02/2017Rs. 16,07,261Rs. 15,846Rs. 12,724Rs. 3,122
Mar03/2017Rs. 16,04,139Rs. 15,846Rs. 12,699Rs. 3,147
Apr04/2017Rs. 16,00,992Rs. 15,846Rs. 12,675Rs. 3,171
May05/2017Rs. 15,97,821Rs. 15,846Rs. 12,649Rs. 3,197
Jun06/2017Rs. 15,94,624Rs. 15,846Rs. 12,624Rs. 3,222
Jul07/2017Rs. 15,91,402Rs. 15,846Rs. 12,599Rs. 3,247
Aug08/2017Rs. 15,88,155Rs. 15,846Rs. 12,573Rs. 3,273
Sep09/2017Rs. 15,84,882Rs. 15,846Rs. 12,547Rs. 3,299
Oct10/2017Rs. 15,81,583Rs. 15,846Rs. 12,521Rs. 3,325
Nov11/2017Rs. 15,78,258Rs. 15,846Rs. 12,495Rs. 3,351
Dec12/2017Rs. 15,74,907Rs. 15,846Rs. 12,468Rs. 3,378
202101/2021 To 12/2021Rs. 15,71,529Rs. 1,90,152Rs. 1,47,468Rs. 42,684
Jan01/2017Rs. 15,71,529Rs. 15,846Rs. 12,441Rs. 3,405
Feb02/2017Rs. 15,68,124Rs. 15,846Rs. 12,414Rs. 3,432
Mar03/2017Rs. 15,64,692Rs. 15,846Rs. 12,387Rs. 3,459
Apr04/2017Rs. 15,61,233Rs. 15,846Rs. 12,360Rs. 3,486
May05/2017Rs. 15,57,747Rs. 15,846Rs. 12,332Rs. 3,514
Jun06/2017Rs. 15,54,233Rs. 15,846Rs. 12,304Rs. 3,542
Jul07/2017Rs. 15,50,691Rs. 15,846Rs. 12,276Rs. 3,570
Aug08/2017Rs. 15,47,121Rs. 15,846Rs. 12,248Rs. 3,598
Sep09/2017Rs. 15,43,523Rs. 15,846Rs. 12,220Rs. 3,626
Oct10/2017Rs. 15,39,897Rs. 15,846Rs. 12,191Rs. 3,655
Nov11/2017Rs. 15,36,242Rs. 15,846Rs. 12,162Rs. 3,684
Dec12/2017Rs. 15,32,558Rs. 15,846Rs. 12,133Rs. 3,713
202201/2022 To 12/2022Rs. 15,28,845Rs. 1,90,152Rs. 1,43,232Rs. 46,920
Jan01/2017Rs. 15,28,845Rs. 15,846Rs. 12,103Rs. 3,743
Feb02/2017Rs. 15,25,102Rs. 15,846Rs. 12,074Rs. 3,772
Mar03/2017Rs. 15,21,330Rs. 15,846Rs. 12,044Rs. 3,802
Apr04/2017Rs. 15,17,528Rs. 15,846Rs. 12,014Rs. 3,832
May05/2017Rs. 15,13,696Rs. 15,846Rs. 11,983Rs. 3,863
Jun06/2017Rs. 15,09,833Rs. 15,846Rs. 11,953Rs. 3,893
Jul07/2017Rs. 15,05,940Rs. 15,846Rs. 11,922Rs. 3,924
Aug08/2017Rs. 15,02,016Rs. 15,846Rs. 11,891Rs. 3,955
Sep09/2017Rs. 14,98,061Rs. 15,846Rs. 11,860Rs. 3,986
Oct10/2017Rs. 14,94,075Rs. 15,846Rs. 11,828Rs. 4,018
Nov11/2017Rs. 14,90,057Rs. 15,846Rs. 11,796Rs. 4,050
Dec12/2017Rs. 14,86,007Rs. 15,846Rs. 11,764Rs. 4,082
202301/2023 To 12/2023Rs. 14,81,925Rs. 1,90,152Rs. 1,38,574Rs. 51,578
Jan01/2017Rs. 14,81,925Rs. 15,846Rs. 11,732Rs. 4,114
Feb02/2017Rs. 14,77,811Rs. 15,846Rs. 11,699Rs. 4,147
Mar03/2017Rs. 14,73,664Rs. 15,846Rs. 11,667Rs. 4,179
Apr04/2017Rs. 14,69,485Rs. 15,846Rs. 11,633Rs. 4,213
May05/2017Rs. 14,65,272Rs. 15,846Rs. 11,600Rs. 4,246
Jun06/2017Rs. 14,61,026Rs. 15,846Rs. 11,566Rs. 4,280
Jul07/2017Rs. 14,56,746Rs. 15,846Rs. 11,533Rs. 4,313
Aug08/2017Rs. 14,52,433Rs. 15,846Rs. 11,498Rs. 4,348
Sep09/2017Rs. 14,48,085Rs. 15,846Rs. 11,464Rs. 4,382
Oct10/2017Rs. 14,43,703Rs. 15,846Rs. 11,429Rs. 4,417
Nov11/2017Rs. 14,39,286Rs. 15,846Rs. 11,394Rs. 4,452
Dec12/2017Rs. 14,34,834Rs. 15,846Rs. 11,359Rs. 4,487
202401/2024 To 12/2024Rs. 14,30,347Rs. 1,90,152Rs. 1,33,458Rs. 56,694
Jan01/2017Rs. 14,30,347Rs. 15,846Rs. 11,324Rs. 4,522
Feb02/2017Rs. 14,25,825Rs. 15,846Rs. 11,288Rs. 4,558
Mar03/2017Rs. 14,21,267Rs. 15,846Rs. 11,252Rs. 4,594
Apr04/2017Rs. 14,16,673Rs. 15,846Rs. 11,215Rs. 4,631
May05/2017Rs. 14,12,042Rs. 15,846Rs. 11,179Rs. 4,667
Jun06/2017Rs. 14,07,375Rs. 15,846Rs. 11,142Rs. 4,704
Jul07/2017Rs. 14,02,671Rs. 15,846Rs. 11,104Rs. 4,742
Aug08/2017Rs. 13,97,929Rs. 15,846Rs. 11,067Rs. 4,779
Sep09/2017Rs. 13,93,150Rs. 15,846Rs. 11,029Rs. 4,817
Oct10/2017Rs. 13,88,333Rs. 15,846Rs. 10,991Rs. 4,855
Nov11/2017Rs. 13,83,478Rs. 15,846Rs. 10,953Rs. 4,893
Dec12/2017Rs. 13,78,585Rs. 15,846Rs. 10,914Rs. 4,932
202501/2025 To 12/2025Rs. 13,73,653Rs. 1,90,152Rs. 1,27,830Rs. 62,322
Jan01/2017Rs. 13,73,653Rs. 15,846Rs. 10,875Rs. 4,971
Feb02/2017Rs. 13,68,682Rs. 15,846Rs. 10,835Rs. 5,011
Mar03/2017Rs. 13,63,671Rs. 15,846Rs. 10,796Rs. 5,050
Apr04/2017Rs. 13,58,621Rs. 15,846Rs. 10,756Rs. 5,090
May05/2017Rs. 13,53,531Rs. 15,846Rs. 10,715Rs. 5,131
Jun06/2017Rs. 13,48,400Rs. 15,846Rs. 10,675Rs. 5,171
Jul07/2017Rs. 13,43,229Rs. 15,846Rs. 10,634Rs. 5,212
Aug08/2017Rs. 13,38,017Rs. 15,846Rs. 10,593Rs. 5,253
Sep09/2017Rs. 13,32,764Rs. 15,846Rs. 10,551Rs. 5,295
Oct10/2017Rs. 13,27,469Rs. 15,846Rs. 10,509Rs. 5,337
Nov11/2017Rs. 13,22,132Rs. 15,846Rs. 10,467Rs. 5,379
Dec12/2017Rs. 13,16,753Rs. 15,846Rs. 10,424Rs. 5,422
202601/2026 To 12/2026Rs. 13,11,331Rs. 1,90,152Rs. 1,21,645Rs. 68,507
Jan01/2017Rs. 13,11,331Rs. 15,846Rs. 10,381Rs. 5,465
Feb02/2017Rs. 13,05,866Rs. 15,846Rs. 10,338Rs. 5,508
Mar03/2017Rs. 13,00,358Rs. 15,846Rs. 10,295Rs. 5,551
Apr04/2017Rs. 12,94,807Rs. 15,846Rs. 10,251Rs. 5,595
May05/2017Rs. 12,89,212Rs. 15,846Rs. 10,206Rs. 5,640
Jun06/2017Rs. 12,83,572Rs. 15,846Rs. 10,162Rs. 5,684
Jul07/2017Rs. 12,77,888Rs. 15,846Rs. 10,117Rs. 5,729
Aug08/2017Rs. 12,72,159Rs. 15,846Rs. 10,071Rs. 5,775
Sep09/2017Rs. 12,66,384Rs. 15,846Rs. 10,026Rs. 5,820
Oct10/2017Rs. 12,60,564Rs. 15,846Rs. 9,979Rs. 5,867
Nov11/2017Rs. 12,54,697Rs. 15,846Rs. 9,933Rs. 5,913
Dec12/2017Rs. 12,48,784Rs. 15,846Rs. 9,886Rs. 5,960
202701/2027 To 12/2027Rs. 12,42,824Rs. 1,90,152Rs. 1,14,845Rs. 75,307
Jan01/2017Rs. 12,42,824Rs. 15,846Rs. 9,839Rs. 6,007
Feb02/2017Rs. 12,36,817Rs. 15,846Rs. 9,791Rs. 6,055
Mar03/2017Rs. 12,30,762Rs. 15,846Rs. 9,744Rs. 6,102
Apr04/2017Rs. 12,24,660Rs. 15,846Rs. 9,695Rs. 6,151
May05/2017Rs. 12,18,509Rs. 15,846Rs. 9,647Rs. 6,199
Jun06/2017Rs. 12,12,310Rs. 15,846Rs. 9,597Rs. 6,249
Jul07/2017Rs. 12,06,061Rs. 15,846Rs. 9,548Rs. 6,298
Aug08/2017Rs. 11,99,763Rs. 15,846Rs. 9,498Rs. 6,348
Sep09/2017Rs. 11,93,415Rs. 15,846Rs. 9,448Rs. 6,398
Oct10/2017Rs. 11,87,017Rs. 15,846Rs. 9,397Rs. 6,449
Nov11/2017Rs. 11,80,568Rs. 15,846Rs. 9,346Rs. 6,500
Dec12/2017Rs. 11,74,068Rs. 15,846Rs. 9,295Rs. 6,551
202801/2028 To 12/2028Rs. 11,67,517Rs. 1,90,152Rs. 1,07,372Rs. 82,780
Jan01/2017Rs. 11,67,517Rs. 15,846Rs. 9,243Rs. 6,603
Feb02/2017Rs. 11,60,914Rs. 15,846Rs. 9,191Rs. 6,655
Mar03/2017Rs. 11,54,259Rs. 15,846Rs. 9,138Rs. 6,708
Apr04/2017Rs. 11,47,551Rs. 15,846Rs. 9,085Rs. 6,761
May05/2017Rs. 11,40,790Rs. 15,846Rs. 9,031Rs. 6,815
Jun06/2017Rs. 11,33,975Rs. 15,846Rs. 8,977Rs. 6,869
Jul07/2017Rs. 11,27,106Rs. 15,846Rs. 8,923Rs. 6,923
Aug08/2017Rs. 11,20,183Rs. 15,846Rs. 8,868Rs. 6,978
Sep09/2017Rs. 11,13,205Rs. 15,846Rs. 8,813Rs. 7,033
Oct10/2017Rs. 11,06,172Rs. 15,846Rs. 8,757Rs. 7,089
Nov11/2017Rs. 10,99,083Rs. 15,846Rs. 8,701Rs. 7,145
Dec12/2017Rs. 10,91,938Rs. 15,846Rs. 8,645Rs. 7,201
202901/2029 To 12/2029Rs. 10,84,737Rs. 1,90,152Rs. 99,158Rs. 90,994
Jan01/2017Rs. 10,84,737Rs. 15,846Rs. 8,588Rs. 7,258
Feb02/2017Rs. 10,77,479Rs. 15,846Rs. 8,530Rs. 7,316
Mar03/2017Rs. 10,70,163Rs. 15,846Rs. 8,472Rs. 7,374
Apr04/2017Rs. 10,62,789Rs. 15,846Rs. 8,414Rs. 7,432
May05/2017Rs. 10,55,357Rs. 15,846Rs. 8,355Rs. 7,491
Jun06/2017Rs. 10,47,866Rs. 15,846Rs. 8,296Rs. 7,550
Jul07/2017Rs. 10,40,316Rs. 15,846Rs. 8,236Rs. 7,610
Aug08/2017Rs. 10,32,706Rs. 15,846Rs. 8,176Rs. 7,670
Sep09/2017Rs. 10,25,036Rs. 15,846Rs. 8,115Rs. 7,731
Oct10/2017Rs. 10,17,305Rs. 15,846Rs. 8,054Rs. 7,792
Nov11/2017Rs. 10,09,513Rs. 15,846Rs. 7,992Rs. 7,854
Dec12/2017Rs. 10,01,659Rs. 15,846Rs. 7,930Rs. 7,916
203001/2030 To 12/2030Rs. 9,93,743Rs. 1,90,152Rs. 90,123Rs. 1,00,029
Jan01/2017Rs. 9,93,743Rs. 15,846Rs. 7,867Rs. 7,979
Feb02/2017Rs. 9,85,764Rs. 15,846Rs. 7,804Rs. 8,042
Mar03/2017Rs. 9,77,722Rs. 15,846Rs. 7,740Rs. 8,106
Apr04/2017Rs. 9,69,616Rs. 15,846Rs. 7,676Rs. 8,170
May05/2017Rs. 9,61,446Rs. 15,846Rs. 7,611Rs. 8,235
Jun06/2017Rs. 9,53,211Rs. 15,846Rs. 7,546Rs. 8,300
Jul07/2017Rs. 9,44,911Rs. 15,846Rs. 7,481Rs. 8,365
Aug08/2017Rs. 9,36,546Rs. 15,846Rs. 7,414Rs. 8,432
Sep09/2017Rs. 9,28,114Rs. 15,846Rs. 7,348Rs. 8,498
Oct10/2017Rs. 9,19,616Rs. 15,846Rs. 7,280Rs. 8,566
Nov11/2017Rs. 9,11,050Rs. 15,846Rs. 7,212Rs. 8,634
Dec12/2017Rs. 9,02,416Rs. 15,846Rs. 7,144Rs. 8,702
203101/2031 To 12/2031Rs. 8,93,714Rs. 1,90,152Rs. 80,196Rs. 1,09,956
Jan01/2017Rs. 8,93,714Rs. 15,846Rs. 7,075Rs. 8,771
Feb02/2017Rs. 8,84,943Rs. 15,846Rs. 7,006Rs. 8,840
Mar03/2017Rs. 8,76,103Rs. 15,846Rs. 6,936Rs. 8,910
Apr04/2017Rs. 8,67,193Rs. 15,846Rs. 6,865Rs. 8,981
May05/2017Rs. 8,58,212Rs. 15,846Rs. 6,794Rs. 9,052
Jun06/2017Rs. 8,49,160Rs. 15,846Rs. 6,723Rs. 9,123
Jul07/2017Rs. 8,40,037Rs. 15,846Rs. 6,650Rs. 9,196
Aug08/2017Rs. 8,30,841Rs. 15,846Rs. 6,577Rs. 9,269
Sep09/2017Rs. 8,21,572Rs. 15,846Rs. 6,504Rs. 9,342
Oct10/2017Rs. 8,12,230Rs. 15,846Rs. 6,430Rs. 9,416
Nov11/2017Rs. 8,02,814Rs. 15,846Rs. 6,356Rs. 9,490
Dec12/2017Rs. 7,93,324Rs. 15,846Rs. 6,280Rs. 9,566
203201/2032 To 12/2032Rs. 7,83,758Rs. 1,90,152Rs. 69,285Rs. 1,20,867
Jan01/2017Rs. 7,83,758Rs. 15,846Rs. 6,205Rs. 9,641
Feb02/2017Rs. 7,74,117Rs. 15,846Rs. 6,128Rs. 9,718
Mar03/2017Rs. 7,64,399Rs. 15,846Rs. 6,051Rs. 9,795
Apr04/2017Rs. 7,54,604Rs. 15,846Rs. 5,974Rs. 9,872
May05/2017Rs. 7,44,732Rs. 15,846Rs. 5,896Rs. 9,950
Jun06/2017Rs. 7,34,782Rs. 15,846Rs. 5,817Rs. 10,029
Jul07/2017Rs. 7,24,753Rs. 15,846Rs. 5,738Rs. 10,108
Aug08/2017Rs. 7,14,645Rs. 15,846Rs. 5,658Rs. 10,188
Sep09/2017Rs. 7,04,457Rs. 15,846Rs. 5,577Rs. 10,269
Oct10/2017Rs. 6,94,188Rs. 15,846Rs. 5,496Rs. 10,350
Nov11/2017Rs. 6,83,838Rs. 15,846Rs. 5,414Rs. 10,432
Dec12/2017Rs. 6,73,406Rs. 15,846Rs. 5,331Rs. 10,515
203301/2033 To 12/2033Rs. 6,62,891Rs. 1,90,152Rs. 57,287Rs. 1,32,865
Jan01/2017Rs. 6,62,891Rs. 15,846Rs. 5,248Rs. 10,598
Feb02/2017Rs. 6,52,293Rs. 15,846Rs. 5,164Rs. 10,682
Mar03/2017Rs. 6,41,611Rs. 15,846Rs. 5,079Rs. 10,767
Apr04/2017Rs. 6,30,844Rs. 15,846Rs. 4,994Rs. 10,852
May05/2017Rs. 6,19,992Rs. 15,846Rs. 4,908Rs. 10,938
Jun06/2017Rs. 6,09,054Rs. 15,846Rs. 4,822Rs. 11,024
Jul07/2017Rs. 5,98,030Rs. 15,846Rs. 4,734Rs. 11,112
Aug08/2017Rs. 5,86,918Rs. 15,846Rs. 4,646Rs. 11,200
Sep09/2017Rs. 5,75,718Rs. 15,846Rs. 4,558Rs. 11,288
Oct10/2017Rs. 5,64,430Rs. 15,846Rs. 4,468Rs. 11,378
Nov11/2017Rs. 5,53,052Rs. 15,846Rs. 4,378Rs. 11,468
Dec12/2017Rs. 5,41,584Rs. 15,846Rs. 4,288Rs. 11,558
203401/2034 To 12/2034Rs. 5,30,026Rs. 1,90,152Rs. 44,102Rs. 1,46,050
Jan01/2017Rs. 5,30,026Rs. 15,846Rs. 4,196Rs. 11,650
Feb02/2017Rs. 5,18,376Rs. 15,846Rs. 4,104Rs. 11,742
Mar03/2017Rs. 5,06,634Rs. 15,846Rs. 4,011Rs. 11,835
Apr04/2017Rs. 4,94,799Rs. 15,846Rs. 3,917Rs. 11,929
May05/2017Rs. 4,82,870Rs. 15,846Rs. 3,823Rs. 12,023
Jun06/2017Rs. 4,70,847Rs. 15,846Rs. 3,728Rs. 12,118
Jul07/2017Rs. 4,58,729Rs. 15,846Rs. 3,632Rs. 12,214
Aug08/2017Rs. 4,46,515Rs. 15,846Rs. 3,535Rs. 12,311
Sep09/2017Rs. 4,34,204Rs. 15,846Rs. 3,437Rs. 12,409
Oct10/2017Rs. 4,21,795Rs. 15,846Rs. 3,339Rs. 12,507
Nov11/2017Rs. 4,09,288Rs. 15,846Rs. 3,240Rs. 12,606
Dec12/2017Rs. 3,96,682Rs. 15,846Rs. 3,140Rs. 12,706
203501/2035 To 12/2035Rs. 3,83,976Rs. 1,90,152Rs. 29,605Rs. 1,60,547
Jan01/2017Rs. 3,83,976Rs. 15,846Rs. 3,040Rs. 12,806
Feb02/2017Rs. 3,71,170Rs. 15,846Rs. 2,938Rs. 12,908
Mar03/2017Rs. 3,58,262Rs. 15,846Rs. 2,836Rs. 13,010
Apr04/2017Rs. 3,45,252Rs. 15,846Rs. 2,733Rs. 13,113
May05/2017Rs. 3,32,139Rs. 15,846Rs. 2,629Rs. 13,217
Jun06/2017Rs. 3,18,922Rs. 15,846Rs. 2,525Rs. 13,321
Jul07/2017Rs. 3,05,601Rs. 15,846Rs. 2,419Rs. 13,427
Aug08/2017Rs. 2,92,174Rs. 15,846Rs. 2,313Rs. 13,533
Sep09/2017Rs. 2,78,641Rs. 15,846Rs. 2,206Rs. 13,640
Oct10/2017Rs. 2,65,001Rs. 15,846Rs. 2,098Rs. 13,748
Nov11/2017Rs. 2,51,253Rs. 15,846Rs. 1,989Rs. 13,857
Dec12/2017Rs. 2,37,396Rs. 15,846Rs. 1,879Rs. 13,967
203601/2036 To 12/2036Rs. 2,23,429Rs. 1,90,152Rs. 13,673Rs. 1,76,479
Jan01/2017Rs. 2,23,429Rs. 15,846Rs. 1,769Rs. 14,077
Feb02/2017Rs. 2,09,352Rs. 15,846Rs. 1,657Rs. 14,189
Mar03/2017Rs. 1,95,163Rs. 15,846Rs. 1,545Rs. 14,301
Apr04/2017Rs. 1,80,862Rs. 15,846Rs. 1,432Rs. 14,414
May05/2017Rs. 1,66,448Rs. 15,846Rs. 1,318Rs. 14,528
Jun06/2017Rs. 1,51,920Rs. 15,846Rs. 1,203Rs. 14,643
Jul07/2017Rs. 1,37,277Rs. 15,846Rs. 1,087Rs. 14,759
Aug08/2017Rs. 1,22,518Rs. 15,846Rs. 970Rs. 14,876
Sep09/2017Rs. 1,07,642Rs. 15,846Rs. 852Rs. 14,994
Oct10/2017Rs. 92,648Rs. 15,846Rs. 733Rs. 15,113
Nov11/2017Rs. 77,535Rs. 15,846Rs. 614Rs. 15,232
Dec12/2017Rs. 62,303Rs. 15,846Rs. 493Rs. 15,353
203701/2037 To 03/2037Rs. 46,950Rs. 47,538Rs. 747Rs. 46,791
Jan01/2017Rs. 46,950Rs. 15,846Rs. 372Rs. 15,474
Feb02/2017Rs. 31,476Rs. 15,846Rs. 249Rs. 15,597
Mar03/2017Rs. 15,879Rs. 15,846Rs. 126Rs. 15,720
Total:Rs. 38,03,040Rs. 21,03,199Rs. 16,99,841

Loan amount offered by banks: The loan amount offered by any bank is based upon the condition of the property, its location, construction and age of the property. The banks offer maximum 70% amount of the property as loan. The average amount of loan against property ranges between 40% to 50% according to the market value of that property. This is a secured loan, which means that your property acts as security once you apply for a loan.

  • Maximum loan amount offered: Rs. 10 Cr. (IDBI Bank)
  • Minimum loan amount offered: Rs. 2 lakhs

Types of property can be used for loan against property

You can take loan against property on a residential or commercial property. The loan against property can be taken even on the land piece of property, plot or any non-agricultural land. You can easily get a loan on your self-occupied or rented property.

Eligibility Criteria for loan against property

The eligibility criteria of loan against property may vary from bank-to-bank. Different bank ask for different documents and rate your eligibility on different parameters. But there are some eligibility criteria and points, which remain same for all the bank.

Criteria Salaried Self-employed
Minimum age 21 years 21 years
Maximum age 65 years 65 years
Min. Income 1.2 lakh per annum 1.2 lakh per annum
Professional experience 2 years 3 years

Documents Required for loan against property

List of documents Salaried Self-employed
Proof of Identity Voter ID, Passport, Aadhar card, PAN card, Driving licence, Government employee ID card Voter ID, PAN card, Photo driving licence
Photograph 2-4 recent photographs 2-4 recent photographs
Application form Duly filled application form Duly filled application form
Address proof Office/residence address proof Office/residence address proof
Income proof Latest 3 salary slips, IT return, Form 16 Last 2 years IT Returns with computation of income
Bank statement Last 6 months Last 6 months
Details of any other loan Details of any other loan Details of any other loan
Property proof Property document Property document
Cheque 1 cheque in favour of bank as processing fee 1 cheque in favour of bank as processing fee
Property document Proof of no encumbrances on the property Proof of no encumbrances on the property

Rate of interest of Top 5 Banks for loan against property

Bank Name Rate of interest Tenure Maximum loan Processing Fee
HSBC Bank 10.90% – 11.40% 10 years Rs. 10 Cr. 0.50% + service tax
India Bulls Bank 11% – 14.50% NA More than Rs. 5 Cr. 1%+service tax
HDFC Bank 11.30% – 13.30% Up to 108 Months 60% of property value 1% + service tax
Citi Bank 11.5% Up to 15 years Up to Rs. 5 Cr & max. 70% of property value 0.50% + service tax
LIC HFL 11.60% Up to 15 years NA 0.50% + service tax
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