SBI Home Loan EMI Calculator Feb 2024 – Eligibility
Use SBI Home Loan EMI Calculator to calculate your monthly/yearly EMIs based on SBI home loan rates, tenure, processing fees to apply online at Deal4loans. (सबीआई / एसबीआई होम लोन ईएमआई कैलकुलेटर). Here’s the EMI calculation for Per Lakh loan amount for 30 years. .05% difference in Rates for Men & women. we think per lakh emi calculation gives you better idea on how much you have to pay for your sbi home loan amount.
| Loan Amount | Minimum EMI @ 8.60% | Maximum EMI @ 8.60% |
| Loan amount | ₹ 776/-for 30 years | ₹ 776/- for 30 years |
SBI Home Loan EMI Calculator
SBI home loan calculator helps you to know how much emi per month you have to pay for the loan amount which you take from the bank for the respective period of time. so if you take a loan amount of 10 lakh from state bank of India for 20 years at 8.50% rate of interest than your calculations are as follows:
| Loan Amount | 10,00,000 |
| Monthly Installment (EMI) | Rs. 8,678 |
| Total Interest Amount | Rs. 10,82,776 |
| Total Amount (Principal + Interest) | Rs. 20,82,776 |
| Year | Principal | Interest | Balance Amount |
| 1 | Rs. 19,898 | Rs. 84,238 | Rs. 980,102 |
| 2 | Rs. 21,659 | Rs. 82,477 | Rs. 958,443 |
| 3 | Rs. 23,573 | Rs. 80,563 | Rs. 934,870 |
| 4 | Rs. 25,656 | Rs. 78,480 | Rs. 909,214 |
| 5 | Rs. 27,926 | Rs. 76,210 | Rs. 881,288 |
| 6 | Rs. 30,393 | Rs. 73,743 | Rs. 850,895 |
| 7 | Rs. 33,082 | Rs. 71,054 | Rs. 817,813 |
| 8 | Rs. 36,003 | Rs. 68,133 | Rs. 781,810 |
| 9 | Rs. 39,185 | Rs. 64,951 | Rs. 742,625 |
| 10 | Rs. 42,651 | Rs. 61,485 | Rs. 699,974 |
| 11 | Rs. 46,418 | Rs. 57,718 | Rs. 653,556 |
| 12 | Rs. 50,523 | Rs. 53,613 | Rs. 603,033 |
| 13 | Rs. 54,990 | Rs. 49,146 | Rs. 548,043 |
| 14 | Rs. 59,848 | Rs. 44,288 | Rs. 488,195 |
| 15 | Rs. 65,137 | Rs. 38,999 | Rs. 423,058 |
| 16 | Rs. 70,895 | Rs. 33,241 | Rs. 352,163 |
| 17 | Rs. 77,164 | Rs. 26,972 | Rs. 274,999 |
| 18 | Rs. 83,982 | Rs. 20,154 | Rs. 191,017 |
| 19 | Rs. 91,406 | Rs. 12,730 | Rs. 99,611 |
| 20 | Rs. 99,673 | Rs. 4,651 | Rs. 0 |
SBI Home Loan Per Lakh EMI Calculation on Yearly Basis
| Interest Rates | Loan Tenure | Lowest EMI Per Lakh |
| 8.70% – 9.65% | 30 Years | Rs.783 – Rs.852 |
| 8.70% – 9.65% | 25 Years | Rs.819 – Rs.884 |
| 8.70% – 9.65% | 20 Years | Rs.881 – Rs.942 |
| 8.70% – 9.65% | 15 Years | Rs.996 – Rs.1053 |
| 8.70% – 9.65% | 10 Years | Rs.1251 – Rs.1302 |
| 8.70% – 9.65% | 5 Years | Rs.2061 – Rs.2108 |
SBI Home Loan Eligibility Calculator
you should check eligibility of your home loan on the basis of your monthly income & liabilities.
- Minimum age: 18 years as on the date of sanction
- Maximum age: 70 years. i.e. the age by which the loan should be fully repaid, subject to availability of sufficient, regular and continuous source of income for servicing the loan repayment.
Click Here to Check your Eligibility for SBI Home Loan
Here’s the few Example of Home Loan Eligibility for SBI as per your current Income per month.
|
Income Per Month |
For 15 Years |
For 20 Years |
For 30 Years |
| 12000 | 5 Lakh | 6 Lakh | 7 Lakh |
| 15000 | 7 Lakh | 8 Lakh | 9 Lakh |
| 18000 | 8 Lakh | 10 Lakh | 11 Lakh |
| 20000 | 10 Lakh | 13 Lakh | 12 Lakh |
| 25000 | 12 Lakh | 15 Lakh | 14 Lakh |
| 30000 | 15 Lakh | 18 Lakh | 20 Lakh |
| 35000 | 17 Lakh | 21 Lakh | 24 Lakh |
| 40000 | 20 Lakh | 24.50 Lakh | 28 Lakh |
| 50000 | 25 Lakh | 30 Lakh | 34 Lakh |
Here’s the default emi calculation – you can check emi per loan amount @ 8.70% rate of interest for 20 years.
| Loan Amount | EMI per Month |
| 11 Lakh | 10,003 |
| 12 Lakh | 10,913 |
| 13 Lakh | 11822 |
| 14 Lakh | 12732 |
| 15 Lakh | 13641 |
| 16 Lakh | 14550 |
| 17 Lakh | 15460 |
| 18 Lakh | 16369 |
| 19 Lakh | 17279 |
| 20 Lakh | 18188 |
| 21 Lakh | 19097 |
| 22 Lakh | 20007 |
| 23 Lakh | 20916 |
| 24 Lakh | 21825 |
| 25 Lakh | 22735 |
| 28 Lakh | 25463 |
| 30 Lakh | 27282 |
| 32 Lakh | 29101 |
| 34 Lakh | 30919 |
| 35 Lakh | 31829 |
| 36 Lakh | 32738 |
| 38 Lakh | 34557 |
| 40 Lakh | 36376 |
| 45 Lakh | 40923 |
| 50 Lakh | 45470 |
State Bank of India (SBI), the world’s largest bank, has many home loan schemes tailored to the needs of customers including SBI Maxgain, SBI Realty, SBI NRI home Loan, Pre Approved, Home Equity and others.
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