Monthly EMI: ₹1,31,601 at 8.65% for 20 years. Total interest: ₹1,65,84,240.
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With a ₹1.5 Crore home loan from L&T Finance at 8.65% for 20 years, you will pay a monthly EMI of ₹1,31,601. The total amount payable is ₹3,15,84,240, of which ₹1,65,84,240 is interest.
At 8.65% interest rate for 20 years, the EMI for ₹1.5 Crore Home Loan from L&T Finance is ₹1,31,601 per month. Total interest payable: ₹1,65,84,240.
L&T Finance offers Home Loan at 8.65 - 14.00% p.a. The actual rate may vary based on your credit score, income, and the loan amount.
For ₹1.5 Crore at 8.65% for 20 years, you would pay approximately ₹1,65,84,240 as total interest, making the total repayment ₹3,15,84,240.
L&T Finance's prepayment policy for Home Loan: 4% for fixed, nil for floating. Making prepayments can significantly reduce your total interest outgo.
L&T Finance offers competitive rates starting from 8.65 - 14.00% with tenure up to 25 years. Compare with other banks on this page to find the best option for your ₹1.5 Crore home loan.