Allahabad Bank Home Loans | Interest Rates | Processing fees | June 2016

Allahabad Bank Home Loan – Check lowest Interest Rates 2016, Low EMI, Documents Required details on EMI & Calculate Eligibility Instantly at Deal4loans.
Allahabad Bank home loan details:

Interest Rates 9.60% – 9.85%
Processing Fees NIL
Pre payment Charges Nil
Lowest EMI Rs.860
Min. Income Rs.10000/- p.m
Loan Repayment 1 to 30 years


Loan Amount


Annual income

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Prepayments Charges, Documentation Charges, Mortgage Charges & Inspection & Supervision Charges all are NIL

Allahabad Bank Home Loan EMI Calculator

use this simple tool to find out how much EMI you will have to pay for your home Loan.

Calculate Loans EMI Online

Loan Amount
Interest Rate (Reducing) % Per Annum
Loan Tenure (in Months)
Monthly EMI
Total Amount with Interest
Total Interest Amount
Yearly Interest Amount

Maximum loan Amount for buy home
Maximum Amount: Up to Rs 5 crores are available.

Processing fess of Allahabad Bank home loan:

  • 0.61% of the loan amount, Maximum Rs.12175 for up to 30 lac
  • 0.46% of the loan amount, Maximum Rs.24350 for above 30 lac up to 75 lac
  • 0.36% of the loan amount, Maximum Rs.60876 for above 75 lac up to 3 crore
  • 0.26% of the loan amount, Maximum Rs.71022 for above 3 crore


For Example if borrower taken a loan amount of 16 lakh at 9.60% rate of interest for 20 years than home loan EMI would be close to ₹ 15018.74, In 20 years borrower have to pay Total Interest of ₹ 2004497.6 to the bank. Total payment made ₹ 3604497.6.

Loan amount Interest Rate EMI Tenure
16 Lakh 9.60% 15018.74 240 months


How much amount you have to paid by yourself for home loan:

  • For loans up to Rs. 20.00 Lacs – 10% of Project cost.
  • For loans above Rs. 20.00 Lacs to 75 lacs – 20% of Project cost.
  • Above Rs 75.00 lacs – 25% of the project cost

Project cost consists of :

  • WRS Info India Pvt. Ltd.
    Address: E-32, Ground Floor, Sector - 8, Noida,
    Uttar Pradesh, India - 201301
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