Monthly EMI: ₹40,480 at 10.5% for 10 years. Total interest: ₹18,57,600.
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With a ₹30 Lakh loan against property from L&T Finance at 10.5% for 10 years, you will pay a monthly EMI of ₹40,480. The total amount payable is ₹48,57,600, of which ₹18,57,600 is interest.
At 10.5% interest rate for 10 years, the EMI for ₹30 Lakh Loan Against Property from L&T Finance is ₹40,480 per month. Total interest payable: ₹18,57,600.
L&T Finance offers Loan Against Property at 10.50 - 14.50% p.a. The actual rate may vary based on your credit score, income, and the loan amount.
For ₹30 Lakh at 10.5% for 10 years, you would pay approximately ₹18,57,600 as total interest, making the total repayment ₹48,57,600.
L&T Finance's prepayment policy for Loan Against Property: 4% for fixed, nil for floating. Making prepayments can significantly reduce your total interest outgo.
L&T Finance offers competitive rates starting from 10.50 - 14.50% with tenure up to 15 years. Compare with other banks on this page to find the best option for your ₹30 Lakh loan against property.