Allahabad Bank Home Loan – Interest Rates 2024, Calculator

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

Allahabad Bank home loan details

Interest Rates 8.50% – 9.65%
Processing Fees 1.00% on the Loan amount
Pre payment Charges Nil
Min. Income Rs.10000/- p.m
Loan Repayment 1 to 30 years

Allahabad Bank home loan Interest Rates 2024

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

Product Name Interest Rate Range
Home Loan
IB Home Loan to Elite Customers (Rs.15 lakhs & above) 8.6% to 8.85%
IB Home Loan to Elite Customers (Rs.15 lakhs & above) – Takeover 8.5% to 8.75%
IB Home Loan (CRE) to Elite Customers (Rs.15 lakhs & above) 9.1% to 9.35%
IB Home Loan to General Customers 8.95% to 9.15%
IB Home Loan CRE to General Customers 9.45% to 9.65%
Home Loan Premium
IB Home Loan Premium 8.75% to 8.95%
Home Loan to Corporate Entity
Home Loan to Corporate Entity 8.2% to 9.7%
Home Advantage
IB Home Advantage to Elite Customers (Rs.15 lakhs & above) – Term Loan 8.6% to 8.85%
IB Home Advantage to Elite Customers (Rs.15 lakhs & above) – Overdraft 9.6% to 9.85%
IB Home Advantage to General Customers – Term Loan 8.95% to 9.15%
IB Home Advantage to General Customers – Overdraft 9.95% to 10.15%
Plot Loan
Plot Loan to Elite Customers (Rs.15 lakhs & above) 9.6% to 9.85%
Plot Loan to General Customers 9.95% to 10.15%
IB Home Improve
IB Home Improve to Elite Customers (Rs.15 lakhs & above) 9.1% to 9.35%
IB Home Improve to General Customers 9.45% to 9.65%
IB Home Enrich
IB Home Enrich 9.15% to 9.7%
Home Loan Plus
IB Home Loan Plus to Elite Customers (Rs.15 lakhs & above) 9.1% to 9.6%
IB Home Loan Plus to General Customers 9.45% to 9.9%

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

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
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Top Banks for Home Loans in India
Banks Interest Rates
SBI 8.60% - 9.65%
HDFC Bank 8.50% - 9.40%
ICICI Bank 9.00% - 9.10%
LIC Housing Finance8.50% - 10.50%
PNB Housing 8.50% - 11.95%
Axis Bank 8.75% - 9.15%
Bank of Baroda 9.15% - 10.50%
Canara Bank 8.90 %- 11.25%
Aadhar Home loan N.A