Monthly EMI: ₹1,32,557 at 8.75% for 20 years. Total interest: ₹1,68,13,680.
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With a ₹1.5 Crore home loan from IDFC First Bank at 8.75% for 20 years, you will pay a monthly EMI of ₹1,32,557. The total amount payable is ₹3,18,13,680, of which ₹1,68,13,680 is interest.
At 8.75% interest rate for 20 years, the EMI for ₹1.5 Crore Home Loan from IDFC First Bank is ₹1,32,557 per month. Total interest payable: ₹1,68,13,680.
IDFC First Bank offers Home Loan at 8.75 - 10.50% p.a. The actual rate may vary based on your credit score, income, and the loan amount.
For ₹1.5 Crore at 8.75% for 20 years, you would pay approximately ₹1,68,13,680 as total interest, making the total repayment ₹3,18,13,680.
IDFC First Bank's prepayment policy for Home Loan: Nil for floating rate. Making prepayments can significantly reduce your total interest outgo.
IDFC First Bank offers competitive rates starting from 8.75 - 10.50% with tenure up to 30 years. Compare with other banks on this page to find the best option for your ₹1.5 Crore home loan.