100% Free

Mahindra Finance Home Loan for ₹10 Lakh

EMI: ₹9,321/month at 9.5%. Min income: ₹16,948/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%

Mahindra Finance Home Loan for ₹10 Lakh - Key Details

Interest Rate
9.5% p.a.
Monthly EMI
₹9,321
Total Interest
₹12,37,040
Total Payment
₹22,37,040
Min Income Required
₹16,948/mo
Processing Fee
1% + GST

A ₹10 Lakh home loan from Mahindra Finance at 9.5% interest for 20 years will cost you ₹9,321 per month as EMI. You will pay a total interest of ₹12,37,040 over the loan tenure. The minimum monthly income needed is ₹16,948 (assuming no existing EMIs).

Frequently Asked Questions

What is Mahindra Finance home loan EMI for ₹10 Lakh?

Mahindra Finance Home Loan EMI for ₹10 Lakh at 9.5% for 20 years is ₹9,321 per month.

What income do I need for ₹10 Lakh home loan from Mahindra Finance?

You need a minimum monthly income of ₹16,948 for a ₹10 Lakh home loan from Mahindra Finance (at 9.5% rate, assuming no existing EMIs).

What is the total interest on ₹10 Lakh home loan from Mahindra Finance?

The total interest payable on ₹10 Lakh home loan from Mahindra Finance at 9.5% for 20 years is ₹12,37,040.

What is Mahindra Finance's processing fee for ₹10 Lakh home loan?

Mahindra Finance charges a processing fee of 1% + GST for Home Loan.

Can I prepay my Mahindra Finance home loan?

Mahindra Finance Home Loan prepayment policy: 3% for first 3 years, nil after.

₹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 Mahindra Finance Home Loan Amounts

₹15 LakhEMI ₹13,982/mo₹20 LakhEMI ₹18,643/mo₹25 LakhEMI ₹23,303/mo₹30 LakhEMI ₹27,964/mo₹35 LakhEMI ₹32,625/mo₹40 LakhEMI ₹37,285/mo₹45 LakhEMI ₹41,946/mo₹50 LakhEMI ₹46,607/mo