Nainital Home Loan EMI
- Home Loan EMI (or equated monthly instalment) is a fixed amount of money paid by you to Nainital Bank against the loan taken. This is towards repayment of your loan to the bank. Every month, it is due on a fixed day of the month till your loan is fully paid back.
- With Nainital Bank offering Home Loans with loan tenure upto 30 years, the loan EMI can be as low as Rs. 0 per lakh, to make it more affordable and convenient to meet your needs. Lowest Rate of interest offered by Nainital Bank on Home Loan is 0%. You can check EMI for other tenures using our Nainital Bank Home Loan EMI calculator.
- This EMI consists of both interest payment and principal repayment. Though the EMI amount will remain constant, the principal component keeps increasing and on the other hand the interest component keeps reducing.
|Loan Amount (Rs.)||15 years||20 years||30 years|