Financial Planning
Home Loans & EMI Calculator
Calculate your monthly investments, check criteria, and make informed choices for your dream properties.
EMI Calculator
₹1 Lakh₹500 Lakhs
5%15%
1 Yr30 Yrs
Loan Summary
Monthly EMI₹43,391
Principal Amount₹50,00,000
Total Interest Payable₹54,13,879
Total Amount Payable₹1,04,13,879
Principal (48%)
Interest (52%)
Bank Guidelines
Loan Eligibility Criteria
Understand the standard parameters banks assess when reviewing your home or plot loan application.
Demographics & Age
- Minimum Age: 21 years
- Maximum Age: 65 years at loan maturity
- Citizenship: Resident Indian or NRI
Profession & Income
- Salaried: Min. 2 years experience with current firm for 1 year
- Self Employed: Min. 3 years business run with audited returns
- Min. Income: ₹35,000 monthly
Financial Health
- Credit Score: 700+ preferred for lower rates
- Existing Debts: EMI-to-Income ratio should not exceed 50%
- Property: Title must be fully clear and RERA approved
📄 Documents Required Checklist
1. KYC Documents
- Aadhaar Card / Voter ID
- PAN Card (Mandatory)
- Passport-sized Photographs
2. Financial Proofs
- Last 3 Months Salary Slips
- Form 16 / Income Tax Returns
- Last 6 Months Bank Statement
3. Property Papers
- Sale Agreement / Allotment Letter
- No Objection Certificate (NOC)
- Approved Layout Drawings