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Rs. 1 Crore Home Loan EMI

Get Rs 1 Crore home loan is a big amount. You will not only need to check your eligibility but also the Rs 1 crore home loan EMI that you can comfortably pay in 10, 20 or 30 yrs. The EMI for a Rs 1 Crore home loan at 8.50% p.a for 30 yrs is Rs. 75,831.

Best Home Loan Offers Starting @8.40% p.a.

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You are just a few clicks away from the best Home Loan offer in your city. Currently home loan interest rate starts at 8.50% p.a for all loan amounts. Share your name, mobile number & email to check your eligibility and get a list of most affordable home loan schemes.

Best Home Loan Offers Starting @8.40% p.a.

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1 Crore Home Loan EMI For Different Tenures

Following are the details of EMI for 1 Crore home loan for 30 years, 20 years, 15 Years, 10 years and 5 years tenure at an interest rate of 8.50%p.a.

Loan AmountInterest RateLoan TenureEMI
Rs. 1 Crore8.50%30 YearsRs. 76,184
Rs. 1 Crore8.50%20 YearsRs. 86,150
Rs. 1 Crore8.50%15 YearsRs. 97,889
Rs. 1 Crore8.50%10 YearsRs. 1,23,452
Rs. 1 Crore8.50%5 YearsRs. 2,04,684

sbi home loan

Rs. 1 Crore Home Loan EMI with Different Banks Interest Rates - 2024

There are many banks, non-banking financial companies (NBFCs) and other financial institutions that offer Rs. 1 Crore Home Loan at different interest rates. Following are the interest rates of top ten banks and NBFCs for a Home Loan of Rs. 1 Crore.

The EMI is calculated for a tenure of 30 years for different interest rates within the slab stipulated for each bank:

Top BanksInterest RatesEMI (in Rs.)
HDFC Bank Home Loan9.40% - 9.95%77,246
Kotak Mahindra Bank8.70%78,313
PNB Housing Finance8.50%76,891
Bajaj Finserv8.50% - 15.00%76,891
Federal Bank8.80%79,027
SBI Home Loan8.50% - 10.05%76,184
ICICI Bank Home Loan9.00% - 10.05%80,462
Tata Capital 8.70%77,601
Bank of Maharashtra8.35% - 8.90%77,601

Compare Best Home Loan Interest Rates starting @8.50% from multiple Banks and NBFCs.

1 Crore Home Loan EMI Calculator

Every Home Loan EMI is subject to the loan amount sanctioned, the applicable interest rate and the selected repayment tenure. Home Loan EMI for a Rs 1 Crore home loan can be easily calculated through the Home Loan EMI calculator within a minute. MyMoneyMantra Home Loan EMI calculator can provide you the exact Home Loan EMI for the selected Home Loan amount, tenure and rate of interest. 

You’re just required to enter the desired home loan, the tenure in which you wish to repay the Home Loan and the interest rate quoted by the bank or housing financier. With MyMoneyMantra’s Home Loan EMI calculator, you can ascertain your monthly repayments before you take a Home Loan.

1 crore Home Loan EMI

Rs. 1 Crore Home Loan EMI for 10 Years

The Rs. 1 Crore home loan EMI for 10 years tenure at an interest rate of 8.50% p.a. would come to Rs. 1,23,452. The EMI on a loan of Rs. 1 Crore for a tenure of 10 years varies from lender to lender depending on their rate of interest and borrower’s eligibility.

Loan AmountRs. 1,00,00000
Rate of Interest8.50%
Loan Tenure10 years
Loan EMIRs. 1,23,452
Total Interest Rs. 48,14,180
Total RepaymentRs. 1,48,14,180

You can also use Loan Prepayment Calculator to find out how much you will save on interest and how it affects your  Loan EMI.

EMI for Rs. 1 Crore Home Loan for 20 years

The EMI for 1 Crore home loan for 20 years tenure at an interest rate of 8.50% p.a. would come to Rs. 86,150. The EMI on a loan of Rs. 1 Crore for a tenure of 20 years varies from lender to lender depending on the interest rate offered by the lender and the borrower’s eligibility.

Loan AmountRs. 1,00,00000
Rate of Interest8.50%
Loan Tenure20 years
Loan EMIRs. 86,150
Total Interest Rs. 1,06,76,108
Total RepaymentRs. 2,06,76,108

Looking for 30 lakh Home Loan? Check Interest rates, Eligibility, EMI Online & Apply Now!

EMI for Rs. 1 Crore Home Loan for 30 Years

EMI for Rs. 1 Crore home loan for 30 years of tenure will be Rs. 76,184 at an interest rate of 8.50% p.a. There can be a change in the EMI on an Rs. 1 Crore loan amount for a tenure of 20 depending on the lender, interest rate offered by the lender and the eligibility of the borrower. You can use Rs. 1 Crore home loan EMI calculator available on our website to calculate the EMI for Rs. 1 Crore home loan for various tenures and interest rates.

Loan AmountRs. 1,00,00000
Rate of Interest8.50%
Loan Tenure30 years
Loan EMIRs. 76,184
Total Interest Rs. 1,74,26,156
Total RepaymentRs. 2,74,26,156

You can also check features, benefits and documents required for DDA Housing Scheme

Eligibility for Rs. 1 Crore Home Loan

You have to meet the following Home Loan Eligibility Criteria to be eligible to avail of a home loan of Rs. 1 Crore:

Eligibility for Salaried Applicants

  • Applicants should be Indian residents.
  • Applicants should be aged between 18 to 65 years.
  • Applicants should have at least 3 years of work experience.
  • Applicants should be earning a monthly income of at least Rs. 1,30,000.
  • Credit score is also a major factor which impact interest rate of home loan. So, check credit score before applying for a loan.

Eligibility for Self-employed Applicants

  • Applicants should be Indian residents.
  • Applicants should be aged between 18 to 65 years.
  • Applicants should have a profitable business for at least the last 5 years.

You can also check SBI Home Loan Eligibility Online through MyMoneyMantra

Apply for IDFC Loan Against Property

Documents Required for Rs. 1 Crore Home Loan

You will have to submit the following documents to apply for Rs. 1 Crore home loan:

  • Duly filled and signed home loan application form.
  • Recent passport-sized photographs of the applicant.
  • Identity proof like Aadhaar Card, Passport, Driving License, Voter ID, etc.
  • Address proof like Aadhaar Card, Passport, Driving License, Voter ID, etc.
  • Age proof like Birth Certificate, Class 10th Certificate, etc.
  • Bank statements of last 6 months.
  • Processing fee cheque.
  • Form 16 or Income Tax Return.
  • CA certified Balance Sheet and Profit & Loss Statement of last 3 years for self-employed applicants.
  • Business profile of self-employed applicants.

You can also Check Pan Numbers for All Banks Online

How to Apply Up to Rs. 1 Crore Home Loan Loan

Follow the steps given below to apply for a home loan up to Rs. 1 Crore:

  • Visit MyMoneyMantra and click on the ‘Home Loan’ tab.
  • Fill in the online form for a housing loan by entering all the required details.
  • Enter ‘OTP’ received on your mobile to receive the best offer quote.
  • Click on the ‘Submit’ button.
  • Various offers will be displayed on the screen as per the details entered by you.
  • Choose the preferred option and apply.
  • Our home loan experts will contact you regarding the home loan process completion.

1 Crore Home Loan EMI FAQs

✅ What is the EMI for a Rs. 1 Crore home loan?

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The EMI for Rs. 1 Crore home loan depends on the tenure and interest rate of the loan. For example, if you avail of an Rs. 1 Crore home loan at an interest rate of 8.50% p.a. for a tenure of 30 years, your EMI (Equated Monthly Instalment) will be Rs. 75,831.

✅ What is the minimum salary required for a Rs. 1 Crore home loan?

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The minimum salary required to apply for a home loan of Rs. 1 Crore is Rs. 1,35,000 per month.

✅ What is 1 Crore home loan EMI for 30 years from SBI?

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The State Bank of India offers housing loan at an interest rate between 8.50% - 10.05% p.a. Based on this interest rate range, the Rs. 1 Crore home loan EMI for 30 years tenure in SBI ranges from Rs. 76,184.

✅ What is 1 Crore home loan EMI for 30 years from HDFC?

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HDFC offers housing loan at an interest rate between 9.40% - 9.95% p.a. Based on this interest rate range, the Rs. 1 Crore home loan EMI for 30 years tenure in HDFC will range from Rs. 77,246.

✅ How much home loan can I get on a 50000 salary?

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According to the online Home Loan Eligibility Calculator, you can get up to Rs. 30 Lakhs home loan on an Rs. 50,000 monthly salary.

✅ What is the EMI for 1 crore home loan for 15 years?

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The EMI for Rs. 1 Crore home loan for a tenure of 15 years varies depending on the interest rate charged by the lender. For instance, if the rate of interest on the loan is 8.50% p.a., the EMI would be Rs. 98,474.

✅ What is the EMI for 1 crore home loan for 10 years?

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The EMI for Rs. 1 Crore home loan for a tenure of 10 years varies depending on the interest rate charged by the lender. For instance, if the rate of interest on the loan is 8.60% p.a., the EMI would be Rs. 1,23,986.

✅ What is the salary required for 1 CR loan?

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To qualify for a home loan of Rs. 1 Crore, you need to have a minimum monthly income of Rs. 1,35,000 or more.

✅ Which interest rate is good for home loan?

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Usually, floating interest rates are slightly lower than fixed interest rates. However, if you are comfortable with the current interest rate on your loan and are reasonably sure that rates will rise in future, opting for a fixed rate home loan is a better decision. If you are not sure about where interest rates are heading, take out a floating rate home loan.

✅ Which bank has highest interest rate on home loan?

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Currently, Federal Bank is one of the highest interest rate charging bank on home loan. The rates range from 10.15% to 10.30% p.a.