After the lockdown, banks across the country are providing home loans to customers at very cheap rates. Know if you take a 30 million home loan for 20 years, how much EMI will you have to pay every month?
Home loan rates are the lowest in the country after the Corona period and lockdown. This is the best time to buy your home, when banks are distributing home loans at the lowest rate. Know which EMI you have to pay every month after taking a loan from which bank.
If you take a home of 30 lakhs for 20 years from the State Bank of India, then you will have to pay an EMI of Rs 22,722 every month at a home loan rate of 6.7.
If you take a loan of 30 lakhs for 20 years from Punjab Housing, then you will have to pay Rs 23,893 of EMI every month at the rate of 7.35%.
If you take a loan of 30 lakhs from HDFC Home Loans, then you have to pay an EMI of Rs 22,811 every month at the rate of 6.75%.
If you take a loan of 30 lakhs from ICICI home loans, then you will have to pay an EMI of Rs 22,900 every month at the rate of 6.80%.
If you take a loan of 30 lakhs for 20 years from Kotak Mahindra Bank, then you will have to pay an EMI of Rs 22,663 every month at the rate of 6.65%.
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