Calculators 

SBI Home Loan EMI Calculator Sep 2023 – Eligibility

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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
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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.

Other Calculators of State Bank of India

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