1 Crore Home Loan EMI - EMI @₹822/Lakh*

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EMI on Home Loan of ₹ 1 Crore

Do you plan to buy your dream house? A Home Loan is the best option when it comes to funding for your dream house. Opt for a Home Loan of ₹ 1 Crore from Kotak Mahindra Bank with numerous features and benefits. Don't worry about shelling out excess, as you get competitive Home Loan interest rate

Use a calculator to calculate your Home Loan EMI of Rs. 1 Crore! Apply through the Kotak Mahindra Bank website or app

EMI Calculator for Home Loan of ₹ 1Crore

Are you planning to apply for home loan? You may want to know about the EMI for a home loan of 1 Crore. Rather than contemplating and depending on your agent to calculate the EMIs, use the Home Loan EMI calculator to know your exact EMI amount.

Home loan calculator is a user-friendly online tool that calculates your monthly payable EMI amount according to the interest rate, loan amount, and repayment tenure. Knowing your EMIs before borrowing improves EMI management and helps in a better management of the finances.

Home Loan

Loan Amount

Minimum ₹ 10,00,000

Interest Rate

Tenure (Years)

Till April 2028

Equated Monthly Instalments (EMI)

10000

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Principal

50,00,000

Interest Payable

2,00,000

View Amortization Table

Home Loan Amortization Schedule

Download

Emi Nos	Opening Principal	EMI	Interest	Principal Repayment	Closing Principal

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Monthly obligation should not be greater than Monthly Net Income

Guide to better loan finance

Resources to get the best out of your Home Loan and manage your finances prudently

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₹ 1 Crore Home Loan EMI as per Tenure

What is the EMI for 1 Crore Home Loan? At Kotak Mahindra Bank, you can opt for a loan tenure of up to 25 years.

Loan Amount	Interest Rate	Repayment Tenure	EMI Amount
1 Crore	8.75%*	5 Years	₹ 2,06,372
1 Crore	8.75%*	10 Years	₹ 1,25,326
1 Crore	8.75%*	15 Years	₹ 99,944
1 Crore	8.75%*	20 Years	₹ 88,371
1 Crore	8.75%*	25 Years	₹ 82,214

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₹1 Crore Home Loan Eligibility & Documents Required

You must fulfil the eligibility conditions and provide all the required documents to obtain a Home Loan of 1 Crore. Here is an outlook

Criteria	Salaried Applicants	Self-employed Applicants
Age	Applicants should be between 18 and 60 years old	Applicants should be between 18-65 years old
Income	Minimum Income of ₹ 20,000 per month for Delhi, Mumbai, Bangalore, Pune, and Chennai residents. Minimum Income of ₹* 15,000 per month for the residents of other cities.	Minimum Income of ₹ 20,000 per month for residents of Delhi, Mumbai, Bangalore, Pune, and Chennai. Minimum Income of ₹ 15,000 per month for the residents of other cities.
Work Experience/ Continuity	2 years of work experience and at least 6 months in the current organisation.	Minimum 3 years in business or profession with the number of successful years in the business or profession.

Criteria

Salaried Applicants

Self-employed Applicants

Age

Applicants should be between 18 and 60 years old

Applicants should be between 18-65 years old

Income

Minimum Income of ₹ 20,000 per month for
Delhi, Mumbai, Bangalore, Pune, and Chennai residents.

Minimum Income of ₹* 15,000 per month for the
residents of other cities.

Minimum Income of ₹ 20,000 per month for
residents of Delhi, Mumbai, Bangalore, Pune, and Chennai.

Minimum Income of ₹ 15,000 per month for the
residents of other cities.

Work
Experience/ Continuity

2 years of work experience and at least 6 months in the current organisation.

Minimum 3 years in business or profession with the number of successful years in the business or profession.

If you are eligible, you must submit these documents to apply for a Home Loan at Kotak Mahindra Bank:

Identity proof, like Aadhar card, PAN card, driving licence, voter ID, passport, etc.
Address proof, like Aadhar card, voter ID, driving licence, passport, etc.
Age proof, like voter ID, passport, PAN card, Aadhar card, driving licence, etc.
Signature proof, like a passport or PAN card
Income proof

How to Apply For ₹ 1 Crore Home Loan with Kotak Mahindra Bank

You can apply for a ₹ 1 Crore Home Loan with Kotak Mahindra Bank by visiting your nearby bank branch or online via the website or app. These are the steps to follow:

Log on to the Kotak Mahindra Bank website or download the mobile banking app
Visit the Home Loan section and click the 'Apply Now' button
Enter your details in the application form
Once the basic details have been filled and submitted our Home Loan specialist will get in touch to process your application

What will be the EMI on 1 Crore Home Loan for 20 Years?

If you borrow a Home Loan 1 Crore for 20 years at the interest rate of 8.75%, your EMI will be as follows:

Loan Amount	₹ 1 Crore
Interest Rate	8.75%*
Loan Tenure	20 Years
1 Crore Home Loan EMI for 20 years	₹ 88,371
Total Interest Payable	₹ 1,12,09,057
Total Payable Amount	₹ 2,12,09,057

*T&C apply

What will be the EMI on ₹ 1 Crore Home Loan for 25 Years?

Want to calculate 1 Crore Home Loan EMI for 25 years? These are the details to know:

Loan Amount	₹ 1 Crore
Interest Rate	8.75%*
Loan Tenure	25 Years
1 cr house loan EMI	₹ 82,214
Total Interest Payable	₹ 1,46,64,309
Total Payable Amount	₹ 2,46,64,309

*T&C apply

Frequently Asked Questions

What is the ideal loan tenure for a ₹1 Crore home loan to have a manageable EMI?

The ideal loan tenure for your loan plan depends on your monthly budget and repayment capacity.

Opt for the shortest possible loan term with EMIs you can easily afford.

What is the salary required for ₹1 Crore loan?

To qualify for a ₹1 Crore Home Loan from Kotak Mahindra Bank, you must earn a minimum of ₹20,000 if you live in Delhi, Mumbai, Pune, Chennai, and Bangalore, and at least ₹15,000 if living in other cities.

How to get a home loan of ₹1 Crore?

You can apply for a Home Loan of ₹1 Crore offline by visiting the bank's branch office or online via the website or mobile banking app.

Can I get a Home Loan up to ₹1 Crore for purchase a second home?

Yes, you can get a Home Loan for purchasing a second home if you have a good credit score, down payment, existing financial commitments and a strong repayment capacity.

What factors affect the EMI amount for a ₹1 Crore home loan?

Your Home Loan EMI for ₹1 Crore will depend on your interest rate and loan tenure. Higher interest and shorter repayment tenure mean bigger EMIs, and vice versa.

Can I easily get a home loan of ₹1 Crore in India?

Yes, you can easily get a Home Loan of ₹1 Crore in India, provided that you fulfil the home loan eligibility and documentation requirements and demonstrate a strong repayment capacity.