Monthly EMI: ₹13,017 at 8.5% for 20 years. Total interest: ₹16,24,080.
| Year | Principal | Interest | Balance |
|---|
With a ₹15 Lakh home loan from Bajaj Finserv at 8.5% for 20 years, you will pay a monthly EMI of ₹13,017. The total amount payable is ₹31,24,080, of which ₹16,24,080 is interest.
At 8.5% interest rate for 20 years, the EMI for ₹15 Lakh Home Loan from Bajaj Finserv is ₹13,017 per month. Total interest payable: ₹16,24,080.
Bajaj Finserv offers Home Loan at 8.50 - 14.00% p.a. The actual rate may vary based on your credit score, income, and the loan amount.
For ₹15 Lakh at 8.5% for 20 years, you would pay approximately ₹16,24,080 as total interest, making the total repayment ₹31,24,080.
Bajaj Finserv's prepayment policy for Home Loan: 2% for fixed rate, nil for floating. Making prepayments can significantly reduce your total interest outgo.
Bajaj Finserv offers competitive rates starting from 8.50 - 14.00% with tenure up to 30 years. Compare with other banks on this page to find the best option for your ₹15 Lakh home loan.