100% Free

Federal Bank Home Loan for ₹10 Lakh

EMI: ₹8,805/month at 8.7%. Min income: ₹17,610/month.

1
Your Details
Income Details
₹
₹
Loan Parameters
%
2
Eligibility Results
Maximum Eligible Loan
₹ 0
Monthly EMI
₹ 0
Total Interest
₹ 0
Total Payment
₹ 0
Monthly Income
₹ 0
Existing EMIs
₹ 0
0%
New Loan EMI
₹ 0
0%
Remaining Income
₹ 0
0%

Federal Bank Home Loan for ₹10 Lakh - Key Details

Interest Rate
8.7% p.a.
Monthly EMI
₹8,805
Total Interest
₹11,13,200
Total Payment
₹21,13,200
Min Income Required
₹17,610/mo
Processing Fee
0.50% of loan amount + GST (max ₹10,000)

A ₹10 Lakh home loan from Federal Bank at 8.7% interest for 20 years will cost you ₹8,805 per month as EMI. You will pay a total interest of ₹11,13,200 over the loan tenure. The minimum monthly income needed is ₹17,610 (assuming no existing EMIs).

Frequently Asked Questions

What is Federal Bank home loan EMI for ₹10 Lakh?

Federal Bank Home Loan EMI for ₹10 Lakh at 8.7% for 20 years is ₹8,805 per month.

What income do I need for ₹10 Lakh home loan from Federal Bank?

You need a minimum monthly income of ₹17,610 for a ₹10 Lakh home loan from Federal Bank (at 8.7% rate, assuming no existing EMIs).

What is the total interest on ₹10 Lakh home loan from Federal Bank?

The total interest payable on ₹10 Lakh home loan from Federal Bank at 8.7% for 20 years is ₹11,13,200.

What is Federal Bank's processing fee for ₹10 Lakh home loan?

Federal Bank charges a processing fee of 0.50% of loan amount + GST (max ₹10,000) for Home Loan.

Can I prepay my Federal Bank home loan?

Federal Bank Home Loan prepayment policy: Nil for floating rate.

₹10 Lakh Home Loan from Other Banks

SBIFrom 8.50 - 9.85%HDFC BankFrom 8.75 - 9.95%ICICI BankFrom 8.75 - 10.05%Axis BankFrom 8.75 - 13.30%Kotak Mahindra BankFrom 8.75 - 9.65%Bank of BarodaFrom 8.40 - 10.65%PNBFrom 8.45 - 10.25%Canara BankFrom 8.40 - 10.95%Union BankFrom 8.35 - 10.75%Indian BankFrom 8.40 - 10.40%

Other Federal Bank Home Loan Amounts

₹15 LakhEMI ₹13,208/mo₹20 LakhEMI ₹17,610/mo₹25 LakhEMI ₹22,013/mo₹30 LakhEMI ₹26,416/mo₹35 LakhEMI ₹30,818/mo₹40 LakhEMI ₹35,221/mo₹45 LakhEMI ₹39,624/mo₹50 LakhEMI ₹44,026/mo