Hello,

Guest!

Rs. 35 Lakh Home Loan EMI

A Rs. 30 Lakhs home can help you purchase or construct a house of your own. You can easily calculate the Rs. 35 Lakh Home Loan EMI using our Home Loan EMI Calculator available online and know your eligibility before applying for the loan.

Let’s find the best home loan for you.

image

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.

Let’s find the best home loan for you.

image
image
Updated:

Rs. 35 Lakh Home Loan EMI Details

A home loan of Rs. 35 Lakhs is a long-term commitment and that’s why it is extremely important to understand all the pros and cons of taking such a huge loan amount before applying for the loan. The EMI for an Rs. 35 Lakhs home loan may differ from bank to bank and borrower to borrower depending on the interest rate applicable on the loan and tenure of repayment.

Following are the details of 35 Lakh home loan EMI for 5 years, 10 years, 15 years, 20 years and 30 years tenure at 8.45% p.a. interest rate:

Loan Amount (₹)Interest Rate (p.a.)TenureEMI
Rs. 35,00,0008.45%5 YearsRs. 71,724
Rs. 35,00,0008.45%10 YearsRs. 43301
Rs. 35,00,0008.45%15 YearsRs. 34,363
Rs. 35,00,0008.45%20 YearsRs. 30,263
Rs. 35,00,0008.45%30 yearsRs. 26,788

Additional Info: Also check Home Loans in Bangalore

Rs. 35 Lakh Home Loan Interest Rates - 2023

Many banks and other financial institutions offer Rs. 35 Lakh Home Loan in India at different interest rates. The table for different Home Loan Interest Rates of the Top 10 banks and NBFCs for a Home Loan of Rs. 35 Lakhs is given below:

Citibank8.45%
Bank of Maharashtra8.60% - 10.80%
PNB Housing Finance Ltd.8.55% - 9.20%
Bajaj Finserv8.60% - 14.00%
Kotak Mahindra Bank8.85% - 9.40%
State Bank of India8.85% - 9.65%
HDFC Bank8.50% - 9.00%
ICICI Bank9.00% - 10.05%
Tata Capital 8.95% - 12.00%

Additional Info: Best Home Loan Interest Rates @8.45%

Rs. 35 Lakh Home Loan EMI for 10 Years

The Rs. 35 Lakh home loan EMI for 10 years tenure at a 8.45% p.a. interest rate would come to Rs. 43,301. The EMI on an Rs. 35 Lakhs Home Loan for a tenure of 10 years varies from lender to lender based on the interest rate offered and the borrower’s eligibility.

Below is the table for Rs. 35 Lakhs Loan EMI, total Interest payable and total Repayment at 8.45% interest rates for 10 years tenure:

Loan AmountRs. 35,00,000
Rate of Interest8.45% p.a.
Tenure10 years
EMIRs. 43,301
Total InterestRs. 16,96,174
Total RepaymentRs. 51,96,174

Additional Info: Also check SBI Home Loan EMI Calculator

Rs. 35 Lakh Home Loan EMI for 20 Years

The EMI for 35 Lakhs home loan for 20 years tenure at an 8.45% p.a. rate of interest will be Rs. 30,263. The EMI varies from lender to lender based on the rate of interest offered and the borrower’s profile. 

Below is the table for Rs. 35 Lakhs Loan EMI, total Interest payable and total Repayment at 8.45% interest rates for 20 years tenure:

Loan AmountRs. 35,00,000
Rate of Interest8.45% p.a.
Loan Tenure20 years
Loan EMIRs. 30,263
Total Interest PayableRs. 37,63,155
Total Repayment (Principal + Interest)Rs. 72,63,155

Additional Info: Also check Pan Number for Banks

Rs. 35 Lakh Home Loan EMI for 30 Years

EMI for 35 Lakhs home loan for 30 years tenure will be Rs. 26,171 at an interest rate of 8.45% p.a. The EMI can vary depending on the lender’s policy, the interest rate offered by the lender and the borrower’s eligibility. You can use the EMI Calculator available on our website for calculating the EMI for Rs. 35 Lakhs home loan for various tenures and interest rates. 

Below is the table for Rs. 35 Lakhs Loan EMI, total Interest payable and total Repayment at 8.45% interest rates for 30 years tenure:

Loan AmountRs. 35,00,000
Rate of Interest8.45% p.a.
Loan Tenure30 years
Loan EMIRs. 26,788
Total Interest PayableRs. 61,43,697
Total Repayment (Principal + Interest)Rs. 96,43,697

Additional Info: Also Check & Apply for SBI Plot Loan

Eligibility for Rs. 35 Lakh Home Loan

You have to meet the Home Loan Eligibility Criteria given below to be eligible to avail of a home loan of Rs. 35 Lakhs:

Eligibility Criteria for Salaried Borrowers

  • Applicants should be resident Indians.
  • Applicants should be aged between 18 and 65 years.
  • Applicants should have a work experience of at least 3 years.
  • Applicants should be earning a minimum monthly income of Rs. 25,000 on a regular basis.

Eligibility Criteria for Self-employed Borrowers

  • Applicants should be resident Indians.
  • Applicants should be aged between 21 and 70 years.
  • Applicants should have at least 3 years of business continuity.
  • Applicants should be earning at least Rs. 2,60,000 per year.

Additional Info: Looking for 80 Lakh Home Loan? Check EMI & Apply

Documents Required for Rs. 35 Lakh Home Loan

The following documents are required to be submitted to apply for a Rs. 35 Lakhs home loan:

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

Additional Info: Also check Documents Required For Home Loan

How to Apply for Up to Rs. 35 Lakh Home Loan Loan

Follow the steps given below to apply for a home loan of Rs. 35 Lakhs:

  • Visit our website and then click on the ‘Home Loan’ tab under the ‘Loans’ section.
  • Fill out the online home loan application completely and accurately by entering all the mandatory details.
  • Enter the ‘OTP’ received on your registered mobile number.
  • Click on the ‘Submit’ button to receive the best home loan offer quote.
  • Housing loan offers will be displayed on the screen according to the information entered by you.
  • Choose your preferred option and apply online.
  • Our home loan experts will contact you regarding the home loan process completely.

Additional Info: Also Check Home Loan for Salaried Person

35 Lakh Home Loan EMI FAQs

✅ What is the EMI for a Rs. 35 lakhs home loan?

image

The EMI for an Rs. 35 Lakhs home loan varies depending on the two crucial factors, i.e. the interest rate on the loan and tenure of repaying the loan. You can use our 35 Lakhs home loan EMI calculator to calculate Rs. 35 lakhs home loan EMI for different interest rates and tenures.

✅ What is the minimum salary required for a Rs. 35 Lakh home loan?

image

The minimum salary required for Rs. 35 Lakh home loan is Rs. 40,000 - 45000 per month.

✅ What is 35 lakh home loan EMI for 30 years from SBI?

image

SBI offers home loans for a maximum tenure of 30 years. The interest rate for home loans at SBI ranges from 8.75% to 9.05% p.a. The EMI for an 35 Lakhs home loan in SBI for 30 years tenure ranges from Rs. 27,535 to Rs. 28,288.

✅ What is 35 lakh home loan EMI for 30 years from HDFC?

image

HDFC offers home loans for a maximum tenure of 30 years. The interest rate for home loans at HDFC ranges from 8.65% to 9.35% p.a. The EMI for an 35 Lakhs home loan in HDFC for 30 years tenure ranges from Rs. 27,285 to Rs. 29,048.

✅ How much home loan can I get on a 35000 salary?

image

According to the Home Loan Eligibility Calculator available online, you can get up to Rs. 20,46,586 home loan on an Rs. 35,000 monthly salary. The loan amount depends on the income of the borrower and existing EMI obligations as well.