Calculators 

SBI Home Loan EMI Calculator Feb 2023 – Eligibility

395835 Views

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 @ 8.85% Maximum EMI @ 9.65%
Loan amount ₹ 794/-for 30 years ₹ 852/- for 30 years
Apply for Home Loan
I authorize Deal4loans.com & its partnering banks to contact me to explain the product & I Agree to Privacy policy and Terms and Conditions.

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 8.85% rate of interest than your calculations are as follows:

Loan Amount 10,00,000
Monthly Installment (EMI) Rs. 8,901
Total Interest Amount Rs. 11,36,244
Total Amount (Principal + Interest) Rs. 21,36,244

 

Year Principal Interest Balance Amount
1 Rs. 19,073 Rs. 87,739 Rs. 980,927
2 Rs. 20,833 Rs. 85,979 Rs. 960,094
3 Rs. 22,752 Rs. 84,060 Rs. 937,342
4 Rs. 24,849 Rs. 81,963 Rs. 912,493
5 Rs. 27,140 Rs. 79,672 Rs. 885,353
6 Rs. 29,641 Rs. 77,171 Rs. 855,712
7 Rs. 32,373 Rs. 74,439 Rs. 823,339
8 Rs. 35,358 Rs. 71,454 Rs. 787,981
9 Rs. 38,618 Rs. 68,194 Rs. 749,363
10 Rs. 42,178 Rs. 64,634 Rs. 707,185
11 Rs. 46,066 Rs. 60,746 Rs. 661,119
12 Rs. 50,311 Rs. 56,501 Rs. 610,808
13 Rs. 54,946 Rs. 51,866 Rs. 555,862
14 Rs. 60,016 Rs. 46,796 Rs. 495,846
15 Rs. 65,548 Rs. 41,264 Rs. 430,298
16 Rs. 71,588 Rs. 35,224 Rs. 358,710
17 Rs. 78,187 Rs. 28,625 Rs. 280,523
18 Rs. 85,394 Rs. 21,418 Rs. 195,129
19 Rs. 93,265 Rs. 13,547 Rs. 101,864
20 Rs. 101,929 Rs. 4,949 Rs. 0

SBI Home Loan Per Lakh EMI Calculation on Yearly Basis

Interest Rates Loan Tenure Lowest EMI Per Lakh
8.85% – 9.65% 30 Years Rs.794 – Rs.852
8.85% – 9.65% 25 Years Rs.829 – Rs.884
8.85% – 9.65% 20 Years Rs.890 – Rs.942
8.85% – 9.65% 15 Years Rs.1005 – Rs.1053
8.85% – 9.65% 10 Years Rs.1259 – Rs.1302
8.85% – 9.65% 5 Years Rs.2069 – 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 9686
12 Lakh 10566
13 Lakh 11447
14 Lakh 12327
15 Lakh 13208
16 Lakh 14088
17 Lakh 14969
18 Lakh 15849
19 Lakh 16730
20 Lakh 17610
21 Lakh 18491
22 Lakh 19372
23 Lakh 20252
24 Lakh 21133
25 Lakh 22013
28 Lakh 24655
30 Lakh 26416
32 Lakh 28177
34 Lakh 29938
35 Lakh 30818
36 Lakh 31699
38 Lakh 33460
40 Lakh 35221
45 Lakh 39624
50 Lakh 44026

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