Rs. 80 Lakh Home Loan EMI

There are many banks, non-banking financial companies (NBFCs) and other financial institutions that offer Rs. 80 lakh Home Loan at different interest rates. Following are the interest rates of top ten banks and NBFCs for a Home Loan of Rs. 80 lakh Home loan.

Disclaimer: The interest rates are as of 30-07-2026.

The EMI is Calculated for a Maximum tenure for different interest rates for Respective banks:

The monthly instalments have been calculated on the basis of an average interest rate of 7.15%. Interest rates differ from one bank to the other, and so does the 80 lac home loan EMI. Make sure you thoroughly check all the rates carefully before choosing any loan scheme. Your EMI on 80 lakh home loan also depends on your credit score. 

The Rs. 80 Lakh home loan EMI for 5 years tenure at an 7.15% p.a. interest rate would come to Rs. 1,58,976. The EMI on a loan of Rs. 80 Lakhs for a tenure of 5 years varies from lender to lender based on their interest rate and borrower’s eligibility.

The Rs. 80 Lakh home loan EMI for 10 years tenure at an 7.15% p.a. interest rate would come to Rs. 93,506. The EMI on a loan of Rs. 80 Lakhs for a tenure of 10 years varies from lender to lender based on their interest rate and borrower’s eligibility.

Additional Info: Looking for 1 Crore Home Loan? Check EMI & Apply

The EMI for 80 Lakhs home loan for 20 years tenure at an 7.15% p.a. interest rate would be Rs. 62,746. The EMI varies from lender to lender based on the interest rate offered by the lender, existing EMI obligations and eligibility of the borrower. 

Additional Info: Also check SBI Home Loan EMI Calculator

EMI for Rs. 80 Lakhs home loan for 30 years of tenure will be Rs. 54,033 at an interest rate of 7.15% p.a. The EMI can fluctuate depending on the lender, interest rate offered by the lender and the borrower’s eligibility. You can use Rs. 80 Lakhs home loan EMI calculator available on our website for calculating the EMI for Rs. 80 Lakhs home loan for various tenures and interest rates. 

You have to meet the Home Loan Eligibility Criteria as mentioned below to be eligible to avail of a home loan of Rs. 80 Lakhs:

Eligibility Criteria for Salaried Applicants

• Credit score is also a major factor which impact the interest rate of home loan. So, check credit score before applying for a loan.

Eligibility Criteria for Self-employed Applicants

• Applicants must be Indian residents.
• Applicants must be in the age group of 18 to 65 years.
• Applicants must have a profitable business for at least the last 5 years.

Additional Info: Also check How to Calculate Home Loan Eligibility on Your Own?

• Extended tenure: You can get a longer repayment tenure to reduce your EMI burden.
• Top-up loans: You can avail of additional funds by opting for a top-up loan during balance transfer to meet your additional requirements.
• Interest type flexibility: You can switch from a fixed to a floating interest rate or vice versa, depending on your preference.
• Better customer experience: Most lenders provide excellent customer service, faster transfer processing, and hassle-free digital platforms.

Under Section 24(b) of the Income Tax Act, a borrower can claim up to Rs. 2 Lakhs every financial year as a deduction on home loan interest for a self-occupied property. 

The principal amount you repay on your home loan is eligible for a tax deduction up to Rs. 1.5 Lakhs each year under Section 80C of the same Act. This includes payments for registration charges and stamp duty. 

Section 80EEA offers an additional Rs. 1.5 Lakhs deduction on interest paid for loans availed under the affordable housing scheme. This is applicable to loans approved between April 1, 2019, and March 31, 2022.

If you have availed of a joint home loan, you and the co-borrower both can avail of tax benefits.

• LTV: RBI allows a Loan to Value (LTV) ratio of up to 90%, depending on the loan amount. Normally, the lower the LTV you opt for, the better the interest rate you get. Interest rates go up with higher LTV. 
• Good & consistent CIBIL score: The higher the CIBIL score, the more bargaining power you have for lower rates. If your CIBIL score is above 750, you have an upper hand when negotiating for a lower rate of interest with the bank.
• Income source & growth: Borrowers with a stable job and a regular income source are more likely to repay their home loan EMIs on time. Therefore, home loan interest rates are lower in such cases.
• Property’s resale value: Interest rates are influenced by the type and resale value of the property. 
• Fixed rate vs. floating rate: The home loan interest rate also depends on whether you opted for a fixed rate or a floating rate regime.

You will have to submit the documents as mentioned below to apply for Rs. 80 Lakhs home loan:

• Home loan application form - duly filled & signed.
• Recent passport-sized photographs.
• Aadhaar Card, Passport, Driving License, Voter ID, etc as identity proof.
• Aadhaar Card, Passport, Driving License, Voter ID, etc as address proof.
• Birth Certificate, Class 10th Certificate, etc as age proof.
• Last 6 months’ bank statements.
• Processing fee cheque.
• Form 16/ Income Tax Return.
• Balance Sheet and Profit & Loss Statement of the last 3 years (CA certified) for self-employed applicants.
• Business profile of self-employed applicants.

You can also Apply for Pan Number for All Banks

Follow the steps mentioned below to apply for a home loan up to Rs. 80 Lakhs:

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