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Manappuram Finance Home Loan EMI for ₹1.5 Crore

Monthly EMI: ₹1,49,757 at 10.5% for 20 years. Total interest: ₹2,09,41,680.

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Manappuram Finance Home Loan for ₹1.5 Crore — Key Details

Interest Rate
10.50 - 15.00% p.a.
Max Tenure
15 Years
Processing Fee
1.50% + GST
Prepayment Charges
2% for first 2 years, nil after

With a ₹1.5 Crore home loan from Manappuram Finance at 10.5% for 20 years, you will pay a monthly EMI of ₹1,49,757. The total amount payable is ₹3,59,41,680, of which ₹2,09,41,680 is interest.

Frequently Asked Questions

What is Manappuram Finance Home Loan EMI for ₹1.5 Crore?

At 10.5% interest rate for 20 years, the EMI for ₹1.5 Crore Home Loan from Manappuram Finance is ₹1,49,757 per month. Total interest payable: ₹2,09,41,680.

What is Manappuram Finance Home Loan interest rate for ₹1.5 Crore?

Manappuram Finance offers Home Loan at 10.50 - 15.00% p.a. The actual rate may vary based on your credit score, income, and the loan amount.

How much total interest on ₹1.5 Crore Home Loan from Manappuram Finance?

For ₹1.5 Crore at 10.5% for 20 years, you would pay approximately ₹2,09,41,680 as total interest, making the total repayment ₹3,59,41,680.

Can I prepay my Manappuram Finance Home Loan of ₹1.5 Crore?

Manappuram Finance's prepayment policy for Home Loan: 2% for first 2 years, nil after. Making prepayments can significantly reduce your total interest outgo.

Is ₹1.5 Crore Home Loan from Manappuram Finance a good option?

Manappuram Finance offers competitive rates starting from 10.50 - 15.00% with tenure up to 15 years. Compare with other banks on this page to find the best option for your ₹1.5 Crore home loan.