For calculating the EMI (Equated Monthly Installment) for a home loan in India, we must also consider the loan amount, interest rate and loan period. To get accurate EMI estimate, visit the website of Bank of Maharashtra & calculate the precise EMI cost using home loan EMI calculator. Canara Bank, Union Bank, Bank of India hike home loan interest rates: Check latest rates here. By . Sneha Kulkarni, ET Online Last Updated: May 10, 2022, 09:39:08 AM IST. Old interest rates of Student loans. Old Interest rates of Personal Loans. Home Loan. NRI Deposits. NRE Deposits. NRO Deposits. FCNR (B) & RFC Deposits. Last Updated On : Wednesday, 17-08-2022. Are you a resident of Mumbai? Are you searching for a home near you? Avail the best home loans in Mumbai at interest rates ranging from 8% p.a. to 12.50% p.a. With a loan amount up to Rs.10 crore and a loan repayment tenure of up to 30 year, your dream home is just a few clicks away. Central Bank home loan interest rate ranges from 8.35% p.a. to 9.85% p.a. with a maximum loan tenure of 30 years. You can avail of a Central Bank housing loan amount of up to 90% of the property value for loans up to Rs.30 lakh. The processing fee charged by Central Bank for its home loans is 0.50% of the loan amount, subject to a maximum of Rs The interest rates are as of 2019. Bank of India provides interest rates of 8.85% to 8.90%, with special discounted rates for women borrowers for whom the bank offers the lowest interest rate of 8.85%. Loan Amount. Bank of India Home Loan Floating Interest Rate. Rates offered for female applicants. Interest rates range from 7.05% to 7.30%. IOB home loan EMI per lakh starts is Rs. 669 (starting price). However, one can calculate the home loan EMI anytime using the IOB home loan calculator 2022. The processing fees charges is 0.53% of the loan amount (amounting to a minimum of Rs. 8,900 and a maximum of Rs. 13,350) The interest rates will be floating for entire period of loan. Education Loan Portal Mean Rate of Interest 10.47%. SBI STUDENT LOAN SCHEME. Loan Limit. EBR. CRP. Effective Interest Rate. Rate Type. Upto Rs 7.5 Lakhs. Indian Bank Personal Loan interest rates start from 10.00% p.a. The bank has mentioned its interest rate differentiation based on the type of Indian Bank Personal Loan scheme, employment profile and loan tenure. While the bank has not disclosed the credit score or monthly income based interest rate Shorter tenures mean greater EMI burden, but your loan is repaid faster. If you have a short-term cash flow mismatch, your bank may increase the tenure of the loan, and your EMI burden comes down. But longer tenures mean payment of larger interest towards the loan and make it more expensive. 8. xCGt.