Know the EMI for a home loan of ₹12 Lakhs and opt for suitable loan terms
✓ Home Loan from ₹2 Lakhs to ₹15 Crores ✓ Interest Rates Starting @ 8.50%
Applying for a home loan of ₹12 Lakhs can help you finance the purchase of a home. To find affordable terms, knowing the EMI for a home loan of ₹12 Lakhs is essential. With an EMI calculator, you can compare the EMI amount at various tenures.
The following table includes the ₹12 Lakh home loan EMI that you will need to pay at various tenures, with an interest rate of 8.50% p.a.:
Repayment Tenure |
EMI Amount |
10 Years |
₹14,878 |
20 Years |
₹10,414 |
25 Years |
₹9,663 |
30 Years |
₹9,227 |
Disclaimer: The figures mentioned in the above table are indicative. It is imperative to check the actual payable EMIs before applying.
Check out this table to know about the EMI amount for a home loan of ₹12 Lakhs for 10 years:
Loan Amount |
₹12 Lakhs |
Interest Rate |
8.50% p.a. |
Loan Tenure |
10 Years |
EMI Amount |
₹14,878 |
Total Interest Payable |
₹5,85,394 |
Total Payable Amount |
₹17,85,394 |
Disclaimer: The figures mentioned in the above table are indicative. It is imperative to check the actual payable EMIs before applying.
Here is the calculation of EMI for a home loan of ₹12 Lakhs for 20 years:
Loan Amount |
₹12 Lakhs |
Interest Rate |
8.50% p.a. |
Loan Tenure |
20 Years |
EMI Amount |
₹10,414 |
Total Interest Payable |
₹12,99,331 |
Total Payable Amount |
₹24,99,331 |
Disclaimer: The figures mentioned in the above table are indicative. It is imperative to check the actual payable EMIs before applying.
Refer to this table for the calculation of EMI for a home loan of ₹12 Lakhs for 30 years:
Loan Amount |
₹12 Lakhs |
Interest Rate |
8.50% p.a. |
Loan Tenure |
30 Years |
EMI Amount |
₹9,227 |
Total Interest Payable |
₹21,21,706 |
Total Payable Amount |
₹33,21,706 |
Disclaimer: The figures mentioned in the above table are indicative. It is imperative to check the actual payable EMIs before applying.
Lenders Offering Home Loans of ₹12 Lakhs
|
Our Partners
|
Minimum Interest Rate
|
Maximum Loan Amount
|
Maximum Loan Tenure
|
|
|---|---|---|---|---|
.png)
Bajaj Housing Finance |
8.50% p.a. |
₹5 Cr |
30 Years |
|
.png)
Home First Finance Company |
9.50% p.a. |
₹0.40 Cr |
20 Years |
|
.png)
ICICI Bank |
9.00% p.a. |
₹5 Cr |
30 Years |
|
.png)
India Shelter |
10.50% p.a. |
₹0.40 Cr |
20 Years |
|
.png)
Kotak Mahindra Bank |
9.00% p.a. |
₹0.50 Cr |
20 Years |
|
L&T Finance |
8.60% p.a. |
₹7.5 Crores |
25 Years |
|
.png)
LIC Housing Finance |
8.65% p.a. |
₹15 Cr |
30 Years |
|
.png)
PNB Housing Finance |
8.50% p.a. |
₹15 Cr |
30 Years |
|
.png)
Shriram Housing Finance |
11.50% p.a. |
₹1 Cr |
25 Years |
|
.png)
Shubham Housing Finance |
10.90% p.a. |
₹0.50 Cr |
25 Years |
|
.png)
Union Bank of India |
8.50% p.a. |
₹15 Cr |
30 Years |
|
Vridhi Home Finance |
12% p.a. |
₹25 Lakhs |
12 Years |
|
Home Loan Quick Links
- Home Loan
- Home Loan EMI Calculator
- Home Loan Eligibility Calculator
- Home Loan Interest Rates
- Home Loan Procedure
- Home Loan Eligibility Criteria and Documents
- Plot Loan
- Types Of Home Loan
- Pre-Approved Home Loan
- Home Construction Loan
- Home Renovation Loan
- NRI Home Loan
- Joint Home Loan
- Home Loan for Under Construction Property
- Home Loan for Resale Flat
Home Loan by Banks & HFCs
- PNB Home Loan
- Union Bank Home Loan
- Bajaj Housing Finance Home Loan
- HFFC Home Loan
- ICICI Bank Home Loan
- LIC Home Loan
- Shubham Housing Finance Home Loan
- Shriram Housing Finance Home Loan
- Kotak Mahindra Bank Home Loan
- India Shelter Home Loan
- L&T Finance Home Loan
- Vridhi Home Finance Home Loan
- HDFC Bank Home Loan
- Axis Bank Home Loan
- SBI Bank Home Loan
Home Loan by Amounts & Salary
- 10 Lakhs Home Loan EMI
- 20 Lakhs Home Loan EMI
- 25 Lakhs Home Loan EMI
- 30 Lakhs Home Loan EMI
- 40 Lakhs Home Loan EMI
- 50 Lakhs Home Loan EMI
- 60 Lakhs Home Loan EMI
- 70 Lakhs Home Loan EMI
- 80 Lakhs Home Loan EMI
- 1 Crore Home Loan EMI
- Home Loan on 30000 Monthly Salary
- Home Loan on 35000 Monthly Salary
- Home Loan on 40000 Monthly Salary
- Home Loan on 45000 Monthly Salary
- Home Loan on 50000 Monthly Salary
FAQs
What will be the EMI for a ₹12 Lakh home loan for 10 years?
At an interest rate of 8.50% p.a., the EMI for a home loan of ₹12 Lakhs for 10 years is ₹14,878.
What is the EMI for a ₹12 Lakhs home loan for 20 years?
The EMI at an interest rate of 8.50% p.a. will amount to ₹10,414.
What will be the home loan EMI for 25 years for a ₹12 Lakh loan?
For a repayment tenure of 25 years, the EMI will be ₹9,663 at an interest rate of 8.50% p.a..
Can I get a ₹12 Lakhs home loan with a low credit score?
Yes, you can apply for a housing loan with a low credit score. However, you may have to pay a higher interest rate.
