Interest Rate Loan Amount
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10.85% p.a. - 12.85% p.a. Up to Rs.20 lakh
What is the EMI for 30 lakhs home loan for 20 years?
Monthly Payment (EMI) Total Interest Payable in 20 years Total Payment (Principal + Interest) after 20 years for 30 Lakh of loan amount
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Rs.22900 Rs.2496045 Rs.5496045
How much home loan can I get on 40000 salary?
Net monthly income Home loan amount
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Rs. 30,000 Rs. 25,02,394
Rs. 35,000 Rs. 29,19,460
Rs. 40,000 Rs. 33,36,525
Rs. 45,000 Rs. 37,53,591
25,000, you can avail as much as Rs. 18.64 lakh as a loan to purchase a home worth Rs. 40 lakh (provided you have no existing financial obligations.)
How much loan I can get if my salary is 20000?
How much personal loan can I get on a ₹20000 salary? According to the Multiplier method, on a salary of ₹20000, you will be eligible for ₹5.40 lakhs for 5 years. Going by the Fixed Obligation Income Ratio method, if you have monthly EMIs of ₹3000, you will be eligible for an amount of ₹4.08 lakhs.13 Sept 2021
What is the interest of 1 lakh in LIC?
Tenure Interest Rate for General Public Max Maturity Amount per Lakh
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1 year 5.25% ₹ 1,05,354 - ₹ 1,05,614
18 months 5.50% ₹ 1,08,539 - ₹ 1,08,941
2 years 5.65% ₹ 1,11,875 - ₹ 1,12,427
3 years 5.75% ₹ 1,18,681 - ₹ 1,19,562
What is the EMI for 25 lakhs home loan?
Total Loan Amount Monthly Installment/ EMI Total Interest Paid
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FRs. 25 Lakhs Rs.19083 Rs.20,80,037
Can I get home loan on LIC policy?
You can borrow high value loans with your LIC life insurance policy since the amount that you can borrow is subject to your policy's surrender value. You can track your loan details through online and offline channels. Most lenders will only charge interest on the sum that you borrow.
Who is eligible for LIC Housing?
Eligibility Criteria LIC Housing Finance Home Loan
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Eligible Age of Borrower 21 - 60 years
Minimum Eligible Income ₹ 25,000 and above
Work Experience for Salaried 2 years
Business Stability for Self Employed 2 years