Indian Bank provides home loans at competitive rates starting at 6.50% p.a. to both resident Indians and Non-Resident Indians (NRIs). The term may be extended for an additional 30 years. The applicable processing fee is 0.23% of the loan amount.
Interest Rate |
6.50% p.a. to 7.40% p.a. |
Processing Fee |
0.23% of the home loan amount |
The EMI (Equated Monthly Instalment) and processing fee should always be calculated in advance to help you better manage your finances. You will then be able to evaluate the home loan interest rates and plans provided by other financial institutions. Moreover, you can use the BankBazaar Indian Home Loan EMI Calculator. The entire process is straightforward, hassle-free, and has a quick turnaround. You only need to enter the information about your home loan, including the sum, term, interest rate, and processing fee. Click “calculate” to see the EMI and processing charge. An amortization table will follow, giving you a detailed breakdown of your payment schedule.
Age |
18 years to 70 years |
Type of employment |
Salaried or self-employed |
Nationality |
Indian or NRI |
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