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DCB Loan Against Property EMI Calculator

DCB Bank Mortgage Loan EMI 2021

Last Updated 02nd Nov 2021

Get monthly EMI as low as ₹ 970 per lakh on DCB Bank loan against property. Mortgage loan EMI in DCB Bank depends upon the type of property (residential, commercial, industrial), occupation (businessmen, self employed, salaried), loan amount, loan tenure and interest rate. Check Best Offers.

  • Use DCB Bank mortgage loan calculator to evaluate your EMI before applying for a loan.
  • Check DCB Bank property loan EMI for different tenures at the current rate of 8.25%
Loan Amount5 Year Loan7 Year loan15 Year loan
₹ 20 Lakh₹ 40,793₹ 31,422₹ 19,403
₹ 30 Lakh₹ 61,189₹ 47,133₹ 29,104
₹ 50 Lakh₹ 1,01,981₹ 78,555₹ 48,507
Apply for Loan Against Property @ 6.90%* Get upto ₹ 1,000* Cashback
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Bank/NBFCs Rate* EMI per Lakh* Action

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Loan Against Property EMI Calculator DCB Bank

You can calculate your DCB Bank loan against property EMI in advance to plan your expenses using a DCB Bank mortgage loan calculator. DCB Bank loan against property EMI calculator is an online tool that gives accurate results without hassle.

Why should you use DCB Bank Loan Against Property EMI Calculator?

  • Calculate the EMI at Different Tenures : With DCB Bank LAP EMI Calculator, you can compare the EMI on your loan against property with different loan tenures and loan amount. However, you must check the interest rate on DCB Bank loan against property to calculate the EMI. As per the current rates, DCB Bank offers the lowest EMI per lakh of ₹ 970 at 8.25 %
  • Compare DCB Bank LAP EMI : You can also get a precise estimate on your loan against property compared to other banks at the same loan amount and tenure by using DCB Bank loan EMI Calculator. On the basis of DCB Bank Loan against property EMI, you can choose the most affordable offer.
  • Get Detailed Amortisation Schedule : DCB Bank Loan against EMI Calculator helps you to calculate the division of total EMIs into interest and principal repayment at different periods throughout the loan tenure.
  • Calculate the Outstanding Balance : Finally, you can also use DCB Bank EMI Calculator to calculate the remaining loan tenure for the outstanding balance at any period of the loan tenure. Thus, it can help you reduce your loan tenure by prepayment or foreclosure or to avail loan at a lower rate with balance trasnfer.

DCB Bank Mortgage Loan EMI Calculator to estimate the EMI that fits your budget

To calculate the EMI against DCB Bank EMI loan against property at different rates and tenure, enter different loan amounts and tenure at the eligible interest rate on the DCB Bank Loan against property EMI calculator. The table below shows the DCB Bank EMI calculation at the various combinations of loan amount and years at the lowest rate of 8.25%.

DCB Bank Loan against property EMI is calculated for different loan amounts and tenures at 8.25% interest rate

Loan Tenure
Loan Amount (Rs.)10 years15 years20 years
EMI on ₹ 15,00,000 ₹ 18,398 ₹ 14,552 ₹ 12,781
EMI on ₹ 25,00,000 ₹ 30,663 ₹ 24,254 ₹ 21,302
EMI on ₹ 40,00,000 ₹ 49,061 ₹ 38,806 ₹ 34,083
EMI on ₹ 60,00,000 ₹ 73,592 ₹ 58,208 ₹ 51,124

Factors Affecting DCB Bank Property Loan EMI

You can calculate DCB Bank EMI for your loan against property using an online LAP EMI Calculator, which considers factors such as loan amount, rate of interest and the tenure for which you are planning to avail the loan.

Loan Amount

If you apply for a higher loan amount, you will have to pay a higher EMI on loan against property. You can avail of DCB Bank loan against property for an amount ranging between ₹ 10,00,000 to ₹ 10,00,00,000.

Interest Rate

A higher interest rate increases your DCB Bank loan against property EMI, increasing the total cost of the loan. As per the current rates, DCB Bank provides loan against property at rates starting at 8.25%. Before applying for a loan, you must compare LAP rates and calculate EMI online using DCB Bank loan against property loan calculator.

Loan Tenure

Your EMI will be lower if you avail mortgage loan for a maximum tenure of 15 years, and similarly, you will have to pay a higher EMI if your tenure is shorter.

Comparison of DCB Bank Loan Against Property EMI with other Banks

Bank Name Interest rate Loan Amount of ₹ 10 Lakh Loan Amount of ₹ 30 Lakh Loan Amount of ₹ 50 Lakh
DCB Bank 8.25% ₹ 9,701 ₹ 29,104 ₹ 48,507
DCB Bank 8.25% ₹ 9,701 ₹ 29,104 ₹ 48,507
ICICI Bank 8.35% ₹ 9,760 ₹ 29,279 ₹ 48,798
HDFC Bank 8.50% ₹ 9,847 ₹ 29,542 ₹ 49,237
LIC Housing Finance 8.50% ₹ 9,847 ₹ 29,542 ₹ 49,237
Axis Bank 8.75% ₹ 9,994 ₹ 29,983 ₹ 49,972
HDFC 8.75% ₹ 9,994 ₹ 29,983 ₹ 49,972
PNB Housing Finance 8.75% ₹ 8,837 ₹ 26,511 ₹ 44,186
Bank of India 8.85% ₹ 11,296 ₹ 33,888 ₹ 56,480
Punjab and Sind Bank 8.90% ₹ 11,324 ₹ 33,972 ₹ 56,620
Yes Bank 8.95% ₹ 10,113 ₹ 30,339 ₹ 50,565

DCB Loan Against Property Amortization Calculator

The amortization schedule breaks the month-wise calculation of principal and interest amount you will be paying in the form of your EMIs. In simple words, with each month’s EMI, the share of interest and the principal amount keeps changing, while the former keeps on reducing the later keep on increasing. That’s why if you decide to prepay your loan in the first few years you will find out that you have paid a very small proportion of the principal sum. Let us understand this better with the help of an illustration.

Illustration: How to read an amortization schedule

Suppose you borrow a Loan Against Property of ₹ 25 Lakh from DCB for 5 years at an interest rate of 8.25%, the EMI calculated for this loan amount would be ₹ 50,991 and the total annual EMIs to be paid annually is ₹ 6,11,888. The DCB Loan Against Property EMI schedule for 5 years is explained below in the table –

Amortization Schedule for a Loan Against Property of ₹ 25 Lakh over the 5 years

Year Interest paid during the year Principal repaid during the year Total amount paid during the year (Interest + Principal) Outstanding Principal
2021 ₹ 17,188 ₹ 33,803 ₹ 50,991 ₹ 24,66,197
2022 ₹ 1,87,658 ₹ 4,24,229 ₹ 6,11,888 ₹ 20,41,967
2023 ₹ 1,51,305 ₹ 4,60,583 ₹ 6,11,888 ₹ 15,81,385
2024 ₹ 1,11,837 ₹ 5,00,051 ₹ 6,11,888 ₹ 10,81,334
2025 ₹ 68,986 ₹ 5,42,901 ₹ 6,11,888 ₹ 5,38,433
2026 ₹ 22,464 ₹ 5,38,433 ₹ 5,60,897 -₹ 0

Each DCB Loan Against Property EMI consists of both amounts of interest as well as the principal repaid. The interest component of EMI goes down while the principal component goes up in both cases while doing the calculation.

As you assess the amortization table, you will find that by the end of 1st year 68.86% of your EMI has been used to repay the principal amount. This means that the remaining 31.14% of the EMI went into interest payment. Thus, you end up paying only 16.85% of the loan amount of ₹ 25 Lakh after paying 12 EMIs in the first year to DCB.

In year 5, the interest component of DCB EMI is around 4.33%, while the principal component is around 95.67%. Upto 5 years, you have cumulatively repaid 100% of your total DCB Loan Against Property.

DCB Bank Loan Against Property EMI for ₹ 10 Lakh

The following table shows EMI on DCB Bank loan against property for ₹ 10,00,000 for different tenures at an interest rate of 8.25%

Loan Amount Interest rate Tenure (Year) EMI
₹ 10,00,000 8.25% 5 Years ₹ 20,396
₹ 10,00,000 8.25% 10 Years ₹ 12,265
₹ 10,00,000 8.25% 12 Years ₹ 10,962
₹ 10,00,000 8.25% 15 Years ₹ 9,701

DCB Bank Loan Against Property EMI for ₹ 25 Lakh

The following table shows DCB Bank loan against property EMI for ₹ 25,00,000 for different tenures at an interest rate of 8.25%

Loan Amount Interest rate Tenure (Year) EMI
₹ 25,00,000 8.25% 5 Years ₹ 50,991
₹ 25,00,000 8.25% 10 Years ₹ 30,663
₹ 25,00,000 8.25% 12 Years ₹ 27,405
₹ 25,00,000 8.25% 15 Years ₹ 24,254

DCB Bank Mortgage Loan EMI for ₹ 30 Lakh

The following table shows DCB Bank loan against property EMI for ₹ 30,00,000 for different tenures at an interest rate of 8.25%

Loan Amount Interest rate Tenure (Year) EMI
₹ 30,00,000 8.25% 5 Years ₹ 61,189
₹ 30,00,000 8.25% 10 Years ₹ 36,796
₹ 30,00,000 8.25% 12 Years ₹ 32,886
₹ 30,00,000 8.25% 15 Years ₹ 29,104

FAQs

Will the DCB Bank Loan Against Property EMI remain constant or change in future? What happens in case of increase or decrease in interest rate?

DCB Bank Loan against property may change as per the borrower’s financial ability or in case of floating rate of interests offered by the lender. The consequences of the change in DCB Bank LAP EMI are listed as follows:

  • Typically, the Loan Against Property EMI remains unchanged unless the customer requests for a change and the same is approved by DCB Bank subject to its eligibility conditions (note that nominal charges may apply for effecting a customer initiated change in EMI).
  • In case the floating rate of interest on your loan increases, DCB Bank will typically keep the EMI constant but increase the loan tenure. So, you will pay the same EMI but for a longer duration. In case, the interest rates increase to the extent that the revised loan tenure is more than the maximum permissible by DCB Bank, the bank may increase your EMI amount.

Will DCB Bank Loan Against Property EMI change in case of prepayment?

Similar to all loans, DCB Bank Loan against property also offers the prepayment facility to the loan borrowers. Prepayment of loan leads to certain changes as listed below:

  • When you make a prepayment, the outstanding principal amount on your property loan reduces. You may choose to either keep the EMI the same and reduce the loan tenure (enabling you to pay off the loan faster) or reduce the EMI and keep the loan tenure unchanged (thus paying a lesser amount every month). It is beneficial to keep the EMI constant and reduce the loan tenure as you pay less interest to the bank in this option.
  • Note that DCB Bank may levy prepayment charges except on floating rate property loans sanctioned to individuals.

How does EMI calculator calculate DCB Bank Loan Against Property EMI?

DCB Bank Loan against property emi calculator is a reliable and time-saving tool to calculate the LAP EMI. It functions as follows:

  • EMI is calculated using a combination of the loan amount, loan tenure and interest rate.
  • DCB Bank mortgage loan calculator calculates EMI on a reducing balance basis and assuming payment of EMI in arrears (that is interest is charged for the month preceding the date of EMI payment on EMI date) and not in advance.

How much loan can I get against my property from DCB Bank?

You can avail of a maximum loan of ₹ 10,00,00,000, depending on the value of the property. However, the loan amount cannot be more than 70% of the property value. DCB Bank assesses the property before approving your mortgage loan application.

How to pay your DCB Bank Mortgage loan EMI Online?

You can pay the DCB Bank mortgage loan EMI by logging in to your net banking account as provided when availing of the loan using your savings account or debit/credit card. You can also visit the DCB Bank branch to submit the cheque of your EMI.

What is the EMI for ₹ 10 Lakh mortgage loan in DCB Bank?

To determine different EMI for different tenures, you can use a 10 lakh loan against property EMI Calculator. Consider this example for a better understanding.

Loan amount Interest rate Tenure EMI
₹ 10 Lakh 8.25% 5 years ₹ 20,396
₹ 10 Lakh 8.25% 10 years ₹ 12,265
₹ 10 Lakh 8.25% 12 years ₹ 10,962
₹ 10 Lakh 8.25% 15 years ₹ 9,701

How is DCB Bank loan against property EMI calculated?

You can calculate DCB Bank LAP EMI using the mathematical formula mentioned below or using an online DCB Bank LAP EMI Calculator.

  • E = [P x R x (1+R)^N]/[(1+R)^N-1] where
  • ‘E’ means Equated monthly instalments
  • ‘P’ means the principal amount
  • ‘N’ is the number of monthly instalments
  • ‘R’ is the interest rate per month.

What is the EMI for ₹ 20 Lakh Loan against property in DCB Bank?

To determine different Loan against property EMI DCB Bank for different tenures, you can use a 20 lakh loan against property Calculator, as reflected in the table below:

Loan amount Interest rate Tenure EMI
₹ 20 Lakh 8.25% 5 years ₹ 40,792
₹ 20 Lakh 8.25% 10 years ₹ 24,531
₹ 20 Lakh 8.25% 12 years ₹ 21,924
₹ 20 Lakh 8.25% 15 years ₹ 19,403

What is the EMI for ₹ 30 Lakh mortgage loan in DCB Bank?

To determine different DCB Bank EMI for different tenures, you can use a 30 lakh loan against property EMI Calculator.

Loan amount Interest rate Tenure EMI
₹ 30 Lakh 8.25% 5 years ₹ 61,189
₹ 30 Lakh 8.25% 10 years ₹ 36,796
₹ 30 Lakh 8.25% 12 years ₹ 32,886
₹ 30 Lakh 8.25% 15 years ₹ 29,104

What is the EMI for ₹ 50 Lakh mortgage loan in DCB Bank?

To estimate DCB Bank EMI for different loans against property tenures, you can use a 50 lakh mortgage Calculator. The results are mentioned as follows:

Loan amount Interest rate Tenure EMI
₹ 50 Lakh 8.25% 5 years ₹ 1,01,981
₹ 50 Lakh 8.25% 10 years ₹ 61,326
₹ 50 Lakh 8.25% 12 years ₹ 54,810
₹ 50 Lakh 8.25% 15 years ₹ 48,507


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DCB Loan Against Property News - Dec 2021
  • 2021-01-27 : DCB Bank reported Q3 profit at ₹96.21 crore
    DCB Bank posted a net profit of ₹96.21 crore for the third quarter ended December 2020. Further, it reported a total income of ₹1,023.86 crore backed by home, personal, car, two wheeler and gold loan along with business and mudra loans.
  • 2020-08-07 : DCB Bank Ltd posted Rs. 79.38 crore PAT in Q1FY21
    DCB Bank posted a net profit of Rs.79.38 crores for the period ended June 30, 2020, as against a net profit of Rs.68.76 crores for the period ended March 31, 2020. In addition to this, the Bank reported a total income of Rs.950.70 crores backed by retail loans like home, personal, gold, two-wheeler, and car loans along with business and mudra loans during the period ended June 30, 2020.
*Terms and conditions apply. Credit at sole discretion of lender, which is subject to credit appraisal, eligibility check, rates, charges and terms. Information displayed is indicative and collected from public sources. Read More
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