SBI Home Loan Calculator – EMI Eligibility online 2020

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.

Latest Update as on 01 May 2020: State Bank of India cuts interest rates by .75% on home loans. New Rates starts from 7.15%. No EMI’s for 3 Months as per RBI. Your CIBIL Score will also not be impacted by this EMI waiver on your Personal / home/car loans. so your credit report will not take hit also but if you don’t pay interest will increase.

Loan Amount EMI for Women EMI for Others
Loan amount below 30 lakh ₹ 675/- @ 7.15% ₹ 679/- @ 7.20%
Loan Amount 30 – 75 Lakh ₹ 692/- @ 7.40% ₹ 696/- @ 7.45%
Loan Amount above 75 Lakh ₹ 699/- @ 7.50% ₹ 703/- @ 7.55%

Home Loan applications received for rupees ₹ 419,027 crores till 28 September 2020

Apply for Home Loan & Check your CIBIL score absolutely FREE.

Loan Amount
Occupation

Annual Income

City

120,17,256 loan quotes taken till now.
Home loan Interest rates starts from 6.90% for women, 6.95% for Others.

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 7.20% rate of interest than your calculations are as follows:

  • Loan Amount = Rs. 10,00,000 (10 Lakh)
  • Monthly Instalment (EMI) = Rs. 7873
  • Total Interest Amount = Rs. 889638
  • Total Amount (Principal + Interest) = Rs. 1889638
  • 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

    SBI Home Loan Per Lakh EMI Calculation on Yearly Basis

    Interest Rates Loan Tenure Lowest EMI Per Lakh
    7.15% – 7.55% 30 Years Rs.675 – Rs.703
    7.15% – 7.55% 25 Years Rs.716 – Rs.742
    7.15% – 7.55% 20 Years Rs.784 – Rs.809
    7.15% – 7.55% 15 Years Rs.907 – Rs.930
    7.15% – 7.55% 10 Years Rs.1169 – Rs.1190
    7.15% – 7.55% 5 Years Rs.1987 – Rs.2006

    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 @ 7.20% rate of interest for 20 years.

    Note – 7.20% Rate of interest is charged for Men / Others borrowers for the loan amount of upto 30 lakhs by State Bank of India.

    Loan Amount EMI for 20 years
    11 lakh Rs. 8661
    12 lakh Rs. 9,448
    13 lakh Rs. 10,236
    14 lakh Rs. 11,023
    15 lakh Rs. 11,810
    16 lakh Rs. 12,598
    17 lakh Rs. 13,385
    18 lakh Rs. 14,172
    19 lakh Rs. 14,960
    20 lakh Rs. 15,747
    21 lakh Rs. 16,534
    22 lakh Rs. 17,322
    23 lakh Rs. 18,109
    24 lakh Rs. 18,896
    25 lakh Rs. 19,684
    28 lakh Rs. 22,046
    30 lakh Rs. 23,620
    32 lakh Rs. 25,195
    34 lakh Rs. 26,770
    35 lakh Rs. 27,557
    40 lakh Rs. 31,494
    42 lakh Rs. 33,069
    45 lakh Rs. 35,431

    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.

    Other Calculators of State Bank of India

    SBI Personal Loan EMI Calculator / SBI Car Loan EMI Calculator / SBI FD Interest Rates Calculator / SBI Gold Loan EMI Calculator / SBI Education Loan EMI Calculator / SBI Property Loan EMI Calculator / एसबीआई होम लोन

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