Rs. 40 Lakh Home Loan EMI Calculation and Interest Rate 2024 (2024)

Rs. 40 lakh home loan EMI and interest rate

Bajaj Finserv home loan is a feature-rich housing solution that offers high-value financing alongside convenient repayment terms. Through this specialized offering, you can qualify for and avail of a sanction of up to Rs. 40 lakh with ease. Get the loan at a competitive interest rate and a flexible tenor when you meet our simple eligibility criteria. Repay over a lengthy period of up to 40 years, thus ensuring that your monthly instalments are budget-friendly.

Rs. 40 lakh home loan EMI for tenures ranging from 10 to 30 years

Our loan also comes with online tools such as thehome loan EMI calculator.Using it, you can plan your loan, know more about the EMIs payable, and find the best tenor for your budget. To help you make this decision, here are a few tables you can refer to.

To get the estimates of EMI of 40 lakh home loan with different tenor, consider the examples with the applicable interest rate set at 8.50%* p.a.

Loan amount

Interest Rate

Tenure

EMI

Rs. 40 lakh

8.50%* p.a.

10 years

Rs. 49,487

Rs. 40 lakh

8.50%* p.a.

15 years

Rs. 39,272

Rs. 40 lakh

8.50%* p.a.

20 years

Rs. 34,586

Rs. 40 lakh

8.50%* p.a.

25 years

Rs. 32,074

Rs. 40 lakh

8.50%* p.a.

30 years

Rs. 30,615

Rs. 40 Lakh Home Loan EMI Calculation and Interest Rate 2024 (2024)
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