EMI: ₹34,713/month at 8.5%. Min income: ₹63,115/month.
A ₹40 Lakh home loan from Bajaj Finserv at 8.5% interest for 20 years will cost you ₹34,713 per month as EMI. You will pay a total interest of ₹43,31,120 over the loan tenure. The minimum monthly income needed is ₹63,115 (assuming no existing EMIs).
Bajaj Finserv Home Loan EMI for ₹40 Lakh at 8.5% for 20 years is ₹34,713 per month.
You need a minimum monthly income of ₹63,115 for a ₹40 Lakh home loan from Bajaj Finserv (at 8.5% rate, assuming no existing EMIs).
The total interest payable on ₹40 Lakh home loan from Bajaj Finserv at 8.5% for 20 years is ₹43,31,120.
Bajaj Finserv charges a processing fee of Up to 1.50% of loan amount + GST for Home Loan.
Bajaj Finserv Home Loan prepayment policy: 2% for fixed rate, nil for floating.