Rs. 1 Crore Home Loan EMI 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 7.90% p.a. for a tenure of 30 years, your EMI (Equated Monthly Instalment) will be Rs. 72,681.
You are just a few clicks away from the best Home Loan offer in your city. Currently home loan interest rate starts at 8.45% 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.
Following are the details of EMI for 1 Crore home loan for 30 years, 20 years and 10 years tenure at an interest rate of 7.90% p.a.
|Loan amount||Rs. 1 Crore|
|EMI for a tenure of 30 years||Rs. 72,681|
|EMI for a tenure of 20 years||Rs. 83,023|
|EMI for a tenure of 10 years||Rs. 1,20,800|
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:
|HDFC Bank||8.10% to 9.00% p.a.|
|ICICI Bank||8.10% to 8.95% p.a.|
|Kotak Mahindra Bank||7.99% to 8.50% p.a.|
|Bajaj Finserv||7.70% to 14% p.a.|
|Axis Bank||8.10% to 8.45% p.a.|
|Tata Capital||8.10% to 12% p.a.|
|PNB Housing Finance||7.99% to 10.95% p.a.|
|Federal Bank||9.05% to 9.20% p.a.|
|State Bank of India||8.05% to 9.05% p.a.|
|Bank of Maharashtra||7.80% to 9.20% p.a.|
Additional Reading: CIBIL Score Check Free Online by Pan Number
Various banks and NBFCs provide Rs. 1 Crore home loan in India. Some popular banks that provide Rs. 1 Crore home loan are HDFC Bank, ICICI Bank, Kotak Mahindra Bank, Bank of Maharashtra, State Bank of India, Federal Bank, Punjab National Bank, Axis Bank, Bank of Baroda, and so on. The housing loan amount can be used for multiple housing-related purposes like purchasing a flat, plot, or under-construction property. The Interest Rate for a Home Loan of Rs. 1 Crore starts from as low as 7.90% p.a. The rate of interest varies from lender to lender based on the borrower’s eligibility and requirement.
Additional Info: Looking for Best Banks For Personal Loan?
Following is the EMI for 1 Crore home loan for 20 years at with different banks:
|Bank Name||Rate of Interest||Rs. 1 Crore Home Loan EMI for 20 years tenure|
|HDFC Ltd||8.10% p.a.||Rs. 84,267|
|ICICI Bank||8.10% p.a.||Rs. 84,267|
|Kotak Mahindra Bank||7.99% p.a.||Rs. 83,582|
|Bajaj Finserv||7.70% p.a.||Rs. 81,787|
|Axis Bank||8.10% p.a.||Rs. 84,267|
|Tata Capital||8.10% p.a.||Rs. 84,267|
|PNB Housing Finance Ltd.||7.99% p.a.||Rs. 83,582|
|Federal Bank||9.05% p.a.||Rs. 90,294|
|State Bank of India||8.05% p.a.||Rs. 83,955|
|Bank of Maharashtra||7.80% p.a.||Rs. 82,404|
Additional Info: Also check Pan Number for Banks
The Rs. 1 Crore home loan EMI for 10 years tenure at an interest rate of 7.90% p.a. would come to Rs. 1,20,800. 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.
Additional Info: Looking for 50 Lakh Home Loan? Check EMI & Apply
|Rate of interest p.a.||EMI in Rs|
Rs.1 Crore home loan EMI for 15 years @ rate of interest 7.90% p.a.
|Year||Interest (p.a)||Principal (p.a)||Closing Balance (p.a)|
|1||Rs. 7,77,050.00||Rs. 3,62,816.00||Rs. 96,37,184.00|
|2||Rs. 7,47,326.00||Rs. 3,92,540.00||Rs. 92,44,644.00|
|3||Rs. 7,15,168.00||Rs. 4,24,698.00||Rs. 88,19,947.00|
|4||Rs. 6,80,375.00||Rs. 4,59,491.00||Rs. 83,60,456.00|
|5||Rs. 6,42,732.00||Rs. 4,97,134.00||Rs. 78,63,322.00|
|6||Rs. 6,02,004.00||Rs. 5,37,862.00||Rs. 73,25,461.00|
|7||Rs. 5,57,940.00||Rs. 5,81,926.00||Rs. 67,43,535.00|
|8||Rs. 5,10,267.00||Rs. 6,29,599.00||Rs. 61,13,936.00|
|9||Rs. 4,58,687.00||Rs. 6,81,179.00||Rs. 54,32,758.00|
|10||Rs. 4,02,882.00||Rs. 7,36,984.00||Rs. 46,95,774.00|
|11||Rs. 3,42,505.00||Rs. 7,97,361.00||Rs. 38,98,413.00|
|12||Rs. 2,77,182.00||Rs. 8,62,684.00||Rs. 30,35,730.00|
|13||Rs. 2,06,508.00||Rs. 9,33,358.00||Rs. 21,02,372.00|
|14||Rs. 1,30,043.00||Rs. 10,09,823.00||Rs. 10,92,549.00|
|15||Rs. 47,314.00||Rs. 1,00,00,000.00||Rs. 0.00|
The EMI for 1 Crore home loan for 20 years tenure at an interest rate of 7.90% p.a. would come to Rs. 83,023. 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.
Additional Info: Looking for 25 Lakh Home Loan? Check EMI & Apply.
|Rate of interest p.a.||EMI in Rs|
Rs.1 Crore home loan EMI for 25 years @ rate of interest 7.90% p.a.
|Year||EMI (p.a)||Interest(p.a)||Principal(pa)||Closing Balance (p.a)|
|1||Rs. 9,18,244.00||Rs. 7,85,253.00||Rs. 1,32,991.00||Rs. 98,67,009.00|
|2||Rs. 9,18,244.00||Rs. 7,74,358.00||Rs. 1,43,886.00||Rs. 97,23,123.00|
|3||Rs. 9,18,244.00||Rs. 7,62,570.00||Rs. 1,55,674.00||Rs. 95,67,449.00|
|4||Rs. 9,18,244.00||Rs. 7,49,817.00||Rs. 1,68,427.00||Rs. 93,99,022.00|
|5||Rs. 9,18,244.00||Rs. 7,36,018.00||Rs. 1,82,226.00||Rs. 92,16,795.00|
|6||Rs. 9,18,244.00||Rs. 7,21,090.00||Rs. 1,97,154.00||Rs. 90,19,641.00|
|7||Rs. 9,18,244.00||Rs. 7,04,938.00||Rs. 2,13,306.00||Rs. 88,06,335.00|
|8||Rs. 9,18,244.00||Rs. 6,87,463.00||Rs. 2,30,781.00||Rs. 85,75,554.00|
|9||Rs. 9,18,244.00||Rs. 6,68,556.00||Rs. 2,49,688.00||Rs. 83,25,866.00|
|10||Rs. 9,18,244.00||Rs. 6,48,101.00||Rs. 2,70,143.00||Rs. 80,55,723.00|
|11||Rs. 9,18,244.00||Rs. 6,25,970.00||Rs. 2,92,274.00||Rs. 77,63,448.00|
|12||Rs. 9,18,244.00||Rs. 6,02,025.00||Rs. 3,16,219.00||Rs. 74,47,229.00|
|13||Rs. 9,18,244.00||Rs. 5,76,119.00||Rs. 3,42,125.00||Rs. 71,05,104.00|
|14||Rs. 9,18,244.00||Rs. 5,48,091.00||Rs. 3,70,153.00||Rs. 67,34,951.00|
|15||Rs. 9,18,244.00||Rs. 5,17,767.00||Rs. 4,00,477.00||Rs. 63,34,474.00|
|16||Rs. 9,18,244.00||Rs. 4,84,958.00||Rs. 4,33,286.00||Rs. 59,01,188.00|
|17||Rs. 9,18,244.00||Rs. 4,49,461.00||Rs. 4,68,783.00||Rs. 54,32,404.00|
|18||Rs. 9,18,244.00||Rs. 4,11,057.00||Rs. 5,07,187.00||Rs. 49,25,217.00|
|19||Rs. 9,18,244.00||Rs. 3,69,506.00||Rs. 5,48,738.00||Rs. 43,76,479.00|
|20||Rs. 9,18,244.00||Rs. 3,24,551.00||Rs. 5,93,693.00||Rs. 37,82,786.00|
|21||Rs. 9,18,244.00||Rs. 2,75,913.00||Rs. 6,42,331.00||Rs. 31,40,455.00|
|22||Rs. 9,18,244.00||Rs. 2,23,290.00||Rs. 6,94,954.00||Rs. 24,45,501.00|
|23||Rs. 9,18,244.00||Rs. 1,66,357.00||Rs. 7,51,887.00||Rs. 16,93,613.00|
|24||Rs. 9,18,244.00||Rs. 1,04,759.00||Rs. 8,13,485.00||Rs. 8,80,128.00|
|25||Rs. 9,18,244.00||Rs. 38,115.00||Rs. 1,00,00,000.00||Rs. 0.00|
EMI for Rs. 1 Crore home loan for 30 years of tenure will be Rs. 72,681 at an interest rate of 7.90% 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.
Additional Info: Also check SBI Home Loan EMI Calculator
|Rate of interest p.a.||EMI in Rs|
Rs.1 Crore home loan EMI for 30 years @ rate of interest 7.90% p.a.
|Year||EMI (p.a)||Interest (p.a)||Principal (p.a)||Closing Balance (p.a)|
|1||Rs. 8,72,166.00||Rs. 7,86,959.00||Rs. 85,207.00||Rs. 99,14,793.00|
|2||Rs. 8,72,166.00||Rs. 7,79,978.00||Rs. 92,188.00||Rs. 98,22,605.00|
|3||Rs. 8,72,166.00||Rs. 7,72,426.00||Rs. 99,740.00||Rs. 97,22,864.00|
|4||Rs. 8,72,166.00||Rs. 7,64,254.00||Rs. 1,07,912.00||Rs. 96,14,952.00|
|5||Rs. 8,72,166.00||Rs. 7,55,414.00||Rs. 1,16,752.00||Rs. 94,98,199.00|
|6||Rs. 8,72,166.00||Rs. 7,45,849.00||Rs. 1,26,317.00||Rs. 93,71,882.00|
|7||Rs. 8,72,166.00||Rs. 7,35,500.00||Rs. 1,36,666.00||Rs. 92,35,215.00|
|8||Rs. 8,72,166.00||Rs. 7,24,304.00||Rs. 1,47,862.00||Rs. 90,87,353.00|
|9||Rs. 8,72,166.00||Rs. 7,12,191.00||Rs. 1,59,975.00||Rs. 89,27,377.00|
|10||Rs. 8,72,166.00||Rs. 6,99,085.00||Rs. 1,73,081.00||Rs. 87,54,296.00|
|11||Rs. 8,72,166.00||Rs. 6,84,905.00||Rs. 1,87,261.00||Rs. 85,67,034.00|
|12||Rs. 8,72,166.00||Rs. 6,69,564.00||Rs. 2,02,602.00||Rs. 83,64,432.00|
|13||Rs. 8,72,166.00||Rs. 6,52,966.00||Rs. 2,19,200.00||Rs. 81,45,231.00|
|14||Rs. 8,72,166.00||Rs. 6,35,008.00||Rs. 2,37,158.00||Rs. 79,08,073.00|
|15||Rs. 8,72,166.00||Rs. 6,15,579.00||Rs. 2,56,587.00||Rs. 76,51,485.00|
|16||Rs. 8,72,166.00||Rs. 5,94,558.00||Rs. 2,77,608.00||Rs. 73,73,877.00|
|17||Rs. 8,72,166.00||Rs. 5,71,816.00||Rs. 3,00,350.00||Rs. 70,73,526.00|
|18||Rs. 8,72,166.00||Rs. 5,47,210.00||Rs. 3,24,956.00||Rs. 67,48,570.00|
|19||Rs. 8,72,166.00||Rs. 5,20,588.00||Rs. 3,51,578.00||Rs. 63,96,991.00|
|20||Rs. 8,72,166.00||Rs. 4,91,785.00||Rs. 3,80,381.00||Rs. 60,16,610.00|
|21||Rs. 8,72,166.00||Rs. 4,60,623.00||Rs. 4,11,543.00||Rs. 56,05,066.00|
|22||Rs. 8,72,166.00||Rs. 4,26,907.00||Rs. 4,45,259.00||Rs. 51,59,807.00|
|23||Rs. 8,72,166.00||Rs. 3,90,430.00||Rs. 4,81,736.00||Rs. 46,78,070.00|
|24||Rs. 8,72,166.00||Rs. 3,50,964.00||Rs. 5,21,202.00||Rs. 41,56,868.00|
|25||Rs. 8,72,166.00||Rs. 3,08,265.00||Rs. 5,63,901.00||Rs. 35,92,966.00|
|26||Rs. 8,72,166.00||Rs. 2,62,068.00||Rs. 6,10,098.00||Rs. 29,82,868.00|
|27||Rs. 8,72,166.00||Rs. 2,12,086.00||Rs. 6,60,080.00||Rs. 23,22,787.00|
|28||Rs. 8,72,166.00||Rs. 1,58,009.00||Rs. 7,14,157.00||Rs. 16,08,630.00|
|29||Rs. 8,72,166.00||Rs. 99,502.00||Rs. 7,72,664.00||Rs. 8,35,965.00|
|30||Rs. 8,72,166.00||Rs. 36,203.00||Rs. 1,00,00,000.00||Rs. 0.00|
You have to meet the following Home Loan Eligibility Criteria to be eligible to avail of a home loan of Rs. 1 Crore:
You will have to submit the following documents to apply for Rs. 1 Crore home loan:
Additional Info: You can also Check Banglarbhumi West Bengal Land Record
Follow the steps given below to apply for a home loan up to Rs. 1 Crore:
Additional Reading: Minimum CIBIL Score for Home Loan
MyMoneyMantra is India’s largest phygital loan distributor. With trust of 70 lakh customers, we assure hassle free access to the best Home Loans up to 10 crore for housing loan borrowers in India. Our service is 100% free. We use latest technology and AI to serve customers across the length & breadth of our diverse country. Check Eligibility & Apply.
Know how good your score is
Get insights on how to improve it
Unlock offers as per your score
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 7.90% p.a. for a tenure of 30 years, your EMI (Equated Monthly Instalment) will be Rs. 72,681.
The minimum salary required to apply for a home loan of Rs. 1 Crore is Rs. 1,20,000 per month.
The State Bank of India offers housing loan at an interest rate between 8.05% to 9.05% p.a. Based on this interest rate range, the Rs. 1 Crore home loan EMI for 30 years tenure in SBI ranges from Rs. 73,725 to Rs. 80,822.
HDFC offers housing loan at an interest rate between 8.10% to 9.00% 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. 74,075 to Rs. 80,462.
According to the online Home Loan Eligibility Calculator, you can get up to Rs. 32 Lakhs home loan on an Rs. 50,000 monthly salary.