Monthly EMI: ₹43,391 at 8.5% for 20 years. Total interest: ₹54,13,840.
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With a ₹50 Lakh home loan from Bajaj Finserv at 8.5% for 20 years, you will pay a monthly EMI of ₹43,391. The total amount payable is ₹1,04,13,840, of which ₹54,13,840 is interest.
At 8.5% interest rate for 20 years, the EMI for ₹50 Lakh Home Loan from Bajaj Finserv is ₹43,391 per month. Total interest payable: ₹54,13,840.
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 ₹50 Lakh at 8.5% for 20 years, you would pay approximately ₹54,13,840 as total interest, making the total repayment ₹1,04,13,840.
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 ₹50 Lakh home loan.