EMI: ₹12,776/month at 9.2%. Min income: ₹25,552/month.
A ₹10 Lakh loan against property from ICICI Bank at 9.2% interest for 10 years will cost you ₹12,776 per month as EMI. You will pay a total interest of ₹5,33,120 over the loan tenure. The minimum monthly income needed is ₹25,552 (assuming no existing EMIs).
ICICI Bank Loan Against Property EMI for ₹10 Lakh at 9.2% for 10 years is ₹12,776 per month.
You need a minimum monthly income of ₹25,552 for a ₹10 Lakh loan against property from ICICI Bank (at 9.2% rate, assuming no existing EMIs).
The total interest payable on ₹10 Lakh loan against property from ICICI Bank at 9.2% for 10 years is ₹5,33,120.
ICICI Bank charges a processing fee of 1% of loan amount + GST for Loan Against Property.
ICICI Bank Loan Against Property prepayment policy: Nil for floating rate.