100% Free

Bank of India Loan Against Property for ₹1 Crore

EMI: ₹1,27,218/month at 9.1%. Min income: ₹2,44,650/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%

Bank of India Loan Against Property for ₹1 Crore - Key Details

Interest Rate
9.1% p.a.
Monthly EMI
₹1,27,218
Total Interest
₹52,66,160
Total Payment
₹1,52,66,160
Min Income Required
₹2,44,650/mo
Processing Fee
0.50% of loan amount + GST

A ₹1 Crore loan against property from Bank of India at 9.1% interest for 10 years will cost you ₹1,27,218 per month as EMI. You will pay a total interest of ₹52,66,160 over the loan tenure. The minimum monthly income needed is ₹2,44,650 (assuming no existing EMIs).

Frequently Asked Questions

What is Bank of India loan against property EMI for ₹1 Crore?

Bank of India Loan Against Property EMI for ₹1 Crore at 9.1% for 10 years is ₹1,27,218 per month.

What income do I need for ₹1 Crore loan against property from Bank of India?

You need a minimum monthly income of ₹2,44,650 for a ₹1 Crore loan against property from Bank of India (at 9.1% rate, assuming no existing EMIs).

What is the total interest on ₹1 Crore loan against property from Bank of India?

The total interest payable on ₹1 Crore loan against property from Bank of India at 9.1% for 10 years is ₹52,66,160.

What is Bank of India's processing fee for ₹1 Crore loan against property?

Bank of India charges a processing fee of 0.50% of loan amount + GST for Loan Against Property.

Can I prepay my Bank of India loan against property?

Bank of India Loan Against Property prepayment policy: Nil for floating rate.

₹1 Crore Loan Against Property from Other Banks

SBIFrom 8.70 - 10.90%HDFC BankFrom 9.00 - 11.50%ICICI BankFrom 9.20 - 11.75%Axis BankFrom 9.50 - 14.95%Kotak Mahindra BankFrom 9.10 - 12.50%Bank of BarodaFrom 9.15 - 12.15%PNBFrom 9.00 - 11.50%Canara BankFrom 8.95 - 12.00%Union BankFrom 9.00 - 11.80%Indian BankFrom 9.10 - 11.60%

Other Bank of India Loan Against Property Amounts

₹10 LakhEMI ₹12,722/mo₹20 LakhEMI ₹25,444/mo₹30 LakhEMI ₹38,165/mo₹50 LakhEMI ₹63,609/mo₹75 LakhEMI ₹95,413/mo₹1.5 CroreEMI ₹1,90,826/mo₹2 CroreEMI ₹2,54,435/mo