First time home buyers can get interest subsidy up to ₹2.67 lakh on their home loan. The amount of PMAY subsidy under the scheme depends on the category of income that a customer belongs to and the size of the property unit being financed. In addition to the above, first-time home buyers can enjoy several tax benefits on availing home loans.
An SBI home loan monthly EMI calculator works on the following formula – EMI = [P x R x (1+R)^N]/ [ (1+R)^ (N-1)]. In the above formula –. P is your principal or the loan amount. R is your rate of interest calculated per month. N is your loan tenure in months.
Canara Bank offers home loans at interest rates starting from 8.40% p.a. onwards for tenures of up to 30 years. It also offers a special home loan scheme for agriculturists and people engaged in allied activities like poultry/dairy, plantation, horticulture, etc. Canara Kuteer, a special home loan scheme, is offered to individuals and members of self-help groups having annual household income HDFC's Retail Prime Lending Rate (RPLR) Housing is being increased by 25 bps to 18.55% w.e.f March 1, 2023 HDFC's Retail Prime Lending Rate (RPLR) Non-Housing is also being increased by 25 bps to 12.20% w.e.f March 1, 2023 Many borrowers rely on the standardized formula for calculating their home loan EMI. E = P.r. (1+r)^n/ ( [ (1+r)^n]-1) where, P = Loan/Principal Amount. E= applicable EMI. r =rate of interest per month (annual rate of interest divided by 12) n = tenure or number of EMIs. For example, if any borrower avails a loan of 15 lakh for a tenure of 7
SBI's festive promotions also cover automobile loans, with the bank waiving processing fees on car loans. This offer remains in effect until 31 January 2024, as outlined on the SBI website. SBI applies a one-year MCLR rate of 8.55% for auto loans, with car loan interest rates ranging from 8.80% to 9.70%.

A home loan balance transfer calculator can help you evaluate the benefits of transferring your home loan balance and make an informed decision. With Tata Capital, you can avail of the home loan balance transfer facility to switch your outstanding home loan balance to lower interest rates, starting from just 8.70% per annum*.

KRqEqML.
  • 0xl062do7s.pages.dev/299
  • 0xl062do7s.pages.dev/634
  • 0xl062do7s.pages.dev/510
  • 0xl062do7s.pages.dev/989
  • 0xl062do7s.pages.dev/892
  • 0xl062do7s.pages.dev/701
  • 0xl062do7s.pages.dev/780
  • 0xl062do7s.pages.dev/249
  • 0xl062do7s.pages.dev/887
  • 0xl062do7s.pages.dev/992
  • 0xl062do7s.pages.dev/273
  • 0xl062do7s.pages.dev/263
  • 0xl062do7s.pages.dev/45
  • 0xl062do7s.pages.dev/678
  • 0xl062do7s.pages.dev/993
  • hdfc home loan rate of interest calculator