Allahabad Bank Home Loans | Interest Rates 2019, EMI Eligibility Calculator

Allahabad Bank Home Loan – Check lowest Interest Rates 2019, Low EMI, Documents Required details on EMI & Calculate Eligibility Instantly at Deal4loans.

Allahabad Bank home loan details

Interest Rates 8.40% to 9.40%
Processing Fees N.A
Pre payment Charges Nil
Lowest EMI Rs.751 per lakh
Min. Income Rs.10000/- p.m
Loan Repayment 1 to 30 years
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Allahabad Bank home loan Interest Rates 2019

Find what are the latest and updated interest rates on housing loans of Allahabad bank for the month:

Scheme Rate of Interest
Above 75 Lakh & Up to 3 Cr 8.45%
Above 3 Cr up to 5 Cr 8.45%
Above 5 Crore 9.40%

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.

For Example if borrower taken a loan amount of 16 lakh at 8.55% rate of interest for 20 years than home loan EMI would be close to ₹ 13935.85, In 20 years borrower have to pay Total Interest of ₹ 1744604 to the bank. Total payment made ₹ 3344604.

Loan amount Interest Rate EMI Tenure
16 Lakh 13935.85 240 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 :

  • Purchase price of land/house/flat.
  • Cost of construction/renovation/extension (if applicable)
  • Stamp duty and registrations charges as applicable.
  • Accrued interest amount of moratorium period, if proposed to be capitalized
  • Premium of Loan Insurance
  • Repayment Period:
    • Salaried Persons : Length of remaining service, Maximum 25 years
    • Others : Remaining period in attaining the age of 70, Maximum 20 years
    • Repayment period will be exclusive of moratorium period.

    Other Retails Products of Allahabad Bank

  • Allahabad Bank Personal Loan
  • Allahabad Bank Car Loan
  • Allahabad Bank Credit Card
  • Allahabad Bank FD Interest Rates
  • Allahabad Bank Education Loan
  • Allahabad Bank Gold Loan
  • Allahabad Bank Debit Card
  • Source: Allahabad Bank Website