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Manappuram Finance Home Loan EMI for ₹1 Crore

Monthly EMI: ₹99,838 at 10.5% for 20 years. Total interest: ₹1,39,61,120.

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Manappuram Finance Home Loan for ₹1 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 Crore home loan from Manappuram Finance at 10.5% for 20 years, you will pay a monthly EMI of ₹99,838. The total amount payable is ₹2,39,61,120, of which ₹1,39,61,120 is interest.

Frequently Asked Questions

What is Manappuram Finance Home Loan EMI for ₹1 Crore?

At 10.5% interest rate for 20 years, the EMI for ₹1 Crore Home Loan from Manappuram Finance is ₹99,838 per month. Total interest payable: ₹1,39,61,120.

What is Manappuram Finance Home Loan interest rate for ₹1 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 Crore Home Loan from Manappuram Finance?

For ₹1 Crore at 10.5% for 20 years, you would pay approximately ₹1,39,61,120 as total interest, making the total repayment ₹2,39,61,120.

Can I prepay my Manappuram Finance Home Loan of ₹1 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 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 Crore home loan.