EMI: ₹2,53,352/month at 9%. Min income: ₹5,06,704/month.
A ₹2 Crore loan against property from IDFC First Bank at 9% interest for 10 years will cost you ₹2,53,352 per month as EMI. You will pay a total interest of ₹1,04,02,240 over the loan tenure. The minimum monthly income needed is ₹5,06,704 (assuming no existing EMIs).
IDFC First Bank Loan Against Property EMI for ₹2 Crore at 9% for 10 years is ₹2,53,352 per month.
You need a minimum monthly income of ₹5,06,704 for a ₹2 Crore loan against property from IDFC First Bank (at 9% rate, assuming no existing EMIs).
The total interest payable on ₹2 Crore loan against property from IDFC First Bank at 9% for 10 years is ₹1,04,02,240.
IDFC First Bank charges a processing fee of Up to 3% of loan amount for Loan Against Property.
IDFC First Bank Loan Against Property prepayment policy: Nil for floating rate.