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5 Crore Home Loan EMI

Get Rs 5 Crore home loan is a big amount. You will not only need to check your eligibility but also the Rs 5 crore home loan EMI that you can comfortably pay in 10, 20 or 30 yrs. The EMI for a Rs 5 Crore home loan at 8.50% p.a for 30 yrs is Rs. 3,84,457.

Best Home Loan Offers Starting @8.50% 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 @8.50% p.a.

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Rs 5 crore Home Loan EMI Details

Paying your Home Loan EMI is the first thing that you pay once your salary gets credited. It is very important to take into account the magnitude of your home loan EMI beforehand taking a loan of big amount as Rs 5 crore.

Following are the details of Rs 5 crore home loan EMI for 5 years, 10 years, 15 years, 20 years and 30 years tenure at a 8.50% p.a. interest rate:

EMI for a tenure of 5 yearsRs. 10,25,827
EMI for a tenure of 10 yearsRs. 6,19,928
EMI for a tenure of 15 yearsRs. 4,92,370
EMI for a tenure of 20 yearsRs. 4,33,912
EMI for a tenure of 30 yearsRs. 3,84,457

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

pnb housing home loan

Rs. 5 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. 5 Crore Home Loan at different interest rates. Following are the interest rates of top ten banks and NBFCs for a Home Loan of Rs. 5 Crore. The EMI is calculated for a tenure of 30 years for different interest rates within the slab stipulated for each bank:

BanksBest Home Loan Interest RatesEMI (in Rs.)
HDFC8.75% - 9.65%4,16,784
HSBC Bank8.45%3,82,686
Kotak Mahindra Bank8.70%3,91,566
IDFC Bank8.75%3,93,350
PNB Housing Finance8.50%3,84,457
Federal Bank8.80%3,95,137
Bajaj Finserv8.50% - 15.00%3,84,457
L&T Housing Finance8.65%3,88,006
State Bank of India8.50% - 10.05%3,80,919
Tata Capital8.70%3,88,006
Central Bank of India8.50% - 9.50%3,86,230

Check Best Home Loan Interest Rates starting @8.50% from different banks and NBFCs

5 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 5 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.

Rs. 5 Crore Home Loan EMI for 10 Years

The Rs. 5 Crore home loan EMI for 10 years tenure at an interest rate of 8.50% p.a. would come to Rs. 6,17,258 The EMI on a loan of Rs. 5 Crore for a tenure of 10 years varies from lender to lender depending on their rate of interest and borrower’s eligibility.

Loan AmountRs. 5,00,00000
Rate of Interest8.50%
Loan Tenure10 years
Loan EMIRs. 6,19,928
Total Interest Rs. 2,43,91,413
Total RepaymentRs. 7,43,91,413

EMI for Rs 5 Crores Home Loan for 20 Years

The EMI for 5 Crore home loan for 20 years tenure at an interest rate of 8.50% p.a. would come to Rs. 4,30,752. The EMI on a loan of Rs. 5 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. 5,00,00000
Rate of Interest8.50%
Loan Tenure20 years
Loan EMIRs. 4,33,912
Total Interest Rs. 5,41,38,788
Total RepaymentRs. 10,41,38,788

5 crores Home Loan EMI for 30 Years

EMI for Rs. 5 Crore home loan for 30 years of tenure will be Rs. 3,84,457 at an interest rate of 8.50% p.a. There can be a change in the EMI on an Rs. 5 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. 5 Crore home loan EMI calculator available on our website to calculate the EMI for Rs. 5 Crore home loan for various tenures and interest rates.

Loan AmountRs. 5,00,00000
Rate of Interest8.50%
Loan Tenure30 years
Loan EMIRs. 3,84,457
Total Interest Rs. 8,84,04,427
Total RepaymentRs. 13,84,04,427

Factors affecting your Rs 5 crore home loan EMI

The factors that affect Rs. 5 Crore home loan EMI are:

  • Income: Individuals employed in Central/State Government organisations and Public Sector Organisations have guaranteed income. The interest rates for loans to these individuals will be comparatively lower, and the cost of the loan will also be lower.
  • Interest type: If you have chosen a fixed interest rate, then the rate of interest will be 1 to 2% higher than the floating interest rate. As per current trend it is advisable to go for a fixed interest rate initially for 3 yrs and then switch to floating rate of interest.
  • LTV Ratio: The rate of interest charged depends on the LTV Ratio. Banks normally provide 80% of the market value of the property as a home loan. The higher the margin, the lower will be the interest rate as the risk associated will be lower for the lender. With a better interest rate, the EMI will also be lower.
  • Tenure: A longer tenure will lead to a higher EMI and vice versa.

You can now check BOI MCLR Online

Eligibility for Rs 5 crore Home Loan

You have to meet the following Home Loan Eligibility Criteria to be eligible to avail of a home loan of Rs. 5 Crores:

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 3,20,000.

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

Documents Required for Rs 5 crore Home Loan

You will have to submit the following documents to apply for Rs 5 crore home loan:

  • Duly filled and signed home loan application form.
  • Recent passport-sized photographs of the applicant.
  • Identity proof like Pan Card, 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 the 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.

Also Check Pan Number for Home Loan of All the banks Online through MyMoneyMantra

How to Apply Up to Rs 5 crore Home Loan Loan?

The step-by-step process to apply for a home loan of Rs 5 crores is given below:

  • Visit our website and click on the ‘Home Loan’ that is mentioned under the ‘Loans’ section.
  • Fill out the online application accurately by entering all the details as required.
  • Enter the ‘OTP’ received on your registered mobile number.
  • Then click on the ‘Submit’ button to view the best home loan offer quotes.
  • Home loan offers from our partner lenders will be displayed on your screen according to the information entered by you.
  • Choose the lender preferred by you and apply online.
  • Our home loan experts will connect with you soon regarding the completion of your home loan process.

You can also check How to Apply for Pradhan Mantri Awas Yojana.

Rs. 5 crore Home Loan EMI FAQs

✅ What is the minimum salary required for a Rs. 5 crore home loan?

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Any home loan gets approved for the amount which is 60 times the amount that is free from any liabilities in your salary. For example if your salary is Rs 1 lakh and you pay EMIs of Rs 15000 then the workable amount will be Rs 85000 for which you will be granted a loan. Similarly in order to avail a home loan of Rs 5 crores your salary must be between Rs 7 to 10 lakhs per month so that you can pay the EMI on your home loan comfortably.

✅ What is 5 crore home loan EMI for 30 years from Bajaj Finserv?

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Bajaj Finserv is offering home loans at an annual interest rate of 8.50% - 15.00%

Check out the table below to find out the respective EMI of Rs 5 Cr home loan for 30 years and other tenure:

Interest Rate p.a.EMI for 10 yrs (in Rs.)EMI for 20 yrs (in Rs.)EMI for 30 yrs (in Rs.)
8.45%6,18,5924,32,3313,82,686
14.00%7,76,3326,21,7605,92,436

✅ What is 5 crore home loan EMI for 30 years from PNB Housing Finance?

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PNB Housing Finance offers home loans at an annual interest rate of 8.50%.

Check out the table below to find out the respective EMI of Rs 5 Cr home loan for 30 years and other tenures:

Interest Rate p.a.EMI for 10 yrs (in Rs.)EMI for 20 yrs (in Rs.)EMI for 30 yrs (in Rs.)
8.50%6,26,6344,33,9123,84,457
11.15%6,93,0025,21,2084,81,837

✅ How much home loan can I get on a 150000 salary?

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You can get upto 60 times your workable salary. By workable salary, we mean the amount which is left after all the EMI and bills deduction from your take home salary. If we assume it to be Rs 150000 then you can get a home loan of around Rs 70 lakhs to Rs 80 lakhs depending on your credit worthiness.