The EMI for Home Loans of Rs 30 lakh for 20 years will depend on the interest rate offered by any bank/HFC. For example, the EMI for a loan applicant availing Home Loan of Rs 30 lakh for 20 years @ 7.6% p.a. will be Rs 24,352. Similarly, the same applicant will have to pay an EMI of Rs 26,992 if the lender charges an interest of 9%p.a. Note: Interest rates starting from 8.40% p.a. onwards. The lowest EMI is calculated by using home loan calculator, considering a loan amount of Rs.1 lakh for a period of 30 years with the interest rate and processing fee being 8.40% and 0.25% p.a. respectively. 2) HDFC Home Loan. To those who qualify, HDFC Home Loans offers affordable home loans with interest rates starting at 8.60% per year. This is another best Home Loan providers in India. For loans with terms of up to 30 years, the EMI begins at Rs. 762 per lakh. INR 5000 will be swept from OD limit and interest charges will start from the date of withdrawal. Customer funds the Salary Account to the tune of INR 10,000 after 5 days. INR 5000 will be swept into OD account for settling the dues and customer will have INR 5000 left in his Salary Account. INTEREST CHARGED = 5,000 * (INTEREST RATE/100) * (5/365) Yes. If you use the Personal Loan amount for home improvement or renovation, then you can avail of a tax rebate under Section 24 (b) of the Income Tax Act, 1961.The interest paid on such a loan is tax deductible, for up to Rs 30,000 per annum. APPLY ONLINE. Chat With Eva. HOME LOAN. Eligibility Calculator. Gross Income (Monthly) ₹ 10 Thousand ₹ 5 Lakh. Rate of Interest %. 6% 15%. Tenure Year (s) 1 Year 30 Years. Other EMIs. HDFC Bank Home Loan Interest Rates (hdfcbank.com) PNB Home Loan Interest Rates Repo Linked Lending Rate (RLLR) is now 7.40 per cent with effect from September 6,2022, and One Year MCLR Rate is 7. To calculate your EMI for a home loan of Rs. 20 lakh, a home loan EMI calculator is the best tool to go with. The EMIs of a Rs. 20 lakh home loan vary based on the tenure and interest rate and the calculator allows you to try with different tenure and interest rates for the desired results. WpidAHC.