EMI: ₹12,668/month at 9%. Min income: ₹25,336/month.
A ₹10 Lakh loan against property from IDFC First Bank at 9% interest for 10 years will cost you ₹12,668 per month as EMI. You will pay a total interest of ₹5,20,160 over the loan tenure. The minimum monthly income needed is ₹25,336 (assuming no existing EMIs).
IDFC First Bank Loan Against Property EMI for ₹10 Lakh at 9% for 10 years is ₹12,668 per month.
You need a minimum monthly income of ₹25,336 for a ₹10 Lakh loan against property from IDFC First Bank (at 9% rate, assuming no existing EMIs).
The total interest payable on ₹10 Lakh loan against property from IDFC First Bank at 9% for 10 years is ₹5,20,160.
IDFC First Bank charges a processing fee of Up to 3% of loan amount for Loan Against Property.
IDFC First Bank Loan Against Property prepayment policy: Nil for floating rate.