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Canara Bank Loan Against Property for ₹1.5 Crore

EMI: ₹1,89,608/month at 8.95%. Min income: ₹3,64,631/month.

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Your Details
Income Details
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Loan Parameters
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Eligibility Results
Maximum Eligible Loan
₹ 0
Monthly EMI
₹ 0
Total Interest
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Total Payment
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Monthly Income
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Existing EMIs
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New Loan EMI
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Remaining Income
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Canara Bank Loan Against Property for ₹1.5 Crore - Key Details

Interest Rate
8.95% p.a.
Monthly EMI
₹1,89,608
Total Interest
₹77,52,960
Total Payment
₹2,27,52,960
Min Income Required
₹3,64,631/mo
Processing Fee
1% of loan amount + GST

A ₹1.5 Crore loan against property from Canara Bank at 8.95% interest for 10 years will cost you ₹1,89,608 per month as EMI. You will pay a total interest of ₹77,52,960 over the loan tenure. The minimum monthly income needed is ₹3,64,631 (assuming no existing EMIs).

Frequently Asked Questions

What is Canara Bank loan against property EMI for ₹1.5 Crore?

Canara Bank Loan Against Property EMI for ₹1.5 Crore at 8.95% for 10 years is ₹1,89,608 per month.

What income do I need for ₹1.5 Crore loan against property from Canara Bank?

You need a minimum monthly income of ₹3,64,631 for a ₹1.5 Crore loan against property from Canara Bank (at 8.95% rate, assuming no existing EMIs).

What is the total interest on ₹1.5 Crore loan against property from Canara Bank?

The total interest payable on ₹1.5 Crore loan against property from Canara Bank at 8.95% for 10 years is ₹77,52,960.

What is Canara Bank's processing fee for ₹1.5 Crore loan against property?

Canara Bank charges a processing fee of 1% of loan amount + GST for Loan Against Property.

Can I prepay my Canara Bank loan against property?

Canara Bank Loan Against Property prepayment policy: Nil for floating rate.

₹1.5 Crore Loan Against Property from Other Banks

SBIFrom 8.70 - 10.90%HDFC BankFrom 9.00 - 11.50%ICICI BankFrom 9.20 - 11.75%Axis BankFrom 9.50 - 14.95%Kotak Mahindra BankFrom 9.10 - 12.50%Bank of BarodaFrom 9.15 - 12.15%PNBFrom 9.00 - 11.50%Union BankFrom 9.00 - 11.80%Indian BankFrom 9.10 - 11.60%IDBI BankFrom 9.00 - 12.00%

Other Canara Bank Loan Against Property Amounts

₹10 LakhEMI ₹12,641/mo₹20 LakhEMI ₹25,281/mo₹30 LakhEMI ₹37,922/mo₹50 LakhEMI ₹63,203/mo₹75 LakhEMI ₹94,804/mo₹1 CroreEMI ₹1,26,405/mo₹2 CroreEMI ₹2,52,811/mo