HDFC Loan Against Property EMI Calculator

Lowest EMI on HDFC Bank Loan Against Property - Rs. 1,449 per lakh

Last Updated 19th Feb 2017
Loan Tenure
Loan Amount (Rs.) 7 years 10 years 9 years
2,500,000 Rs. 42,478 Rs. 34,085 Rs. 36,220
5,000,000 Rs. 84,956 Rs. 68,169 Rs. 72,440
7,500,000 Rs. 127,435 Rs. 102,254 Rs. 108,660
10,000,000 Rs. 169,913 Rs. 136,339 Rs. 144,880

Check HDFC Loan Against Property EMI for a loan amount and tenure

HDFC Bank Loan Against Property EMI Calculator
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  • Loan Against Property EMI (or equated monthly instalment) is a fixed amount of money you pay HDFC Bank towards repayment of your property loan every month on a fixed day of the month till your loan is fully paid back.
  • With HDFC Bank now offering loan tenure upto 18 years at attractive interest rates starting is 10.75%, your EMI can be as low as Rs. 1449 per Rs. one lakh loan amount.
  • The Loan Against Property EMI comprises of both principal repayment and interest payment. While the EMI amount remains constant, the interest component of keeps reducing and the principal component keeps increasing, except in case of an increase in interest rate on the loan.
Use the above quick and easy tool to easily calculate and compare monthly EMI on HDFC Bank Loan Against Property.

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

  • Typically, the Loan Against Property EMI remains unchanged unless the customer requests for a change and the same is approved by HDFC 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, HDFC 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 an extent that the revised loan tenure is more than the maximum permissible by HDFC Bank, the bank may increase your EMI amount.

Will Loan Against Property EMI change in case of prepayment?

  • 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 pay off the loan faster) or reduce the EMI and keep the loan tenure unchanged (thus paying 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 HDFC Bank may levy prepayment charges except on floating rate property loans sanctioned to individuals.

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

  • EMI is calculated using a combination of loan amount, loan tenure and interest rate.
  • EMI is calculated 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.
HDFC Loan Against Property EMI Calculator News - Feb 2017
11th Feb 17 HDFC Bank launches HDFC Lite a lighter version of mobile application
HDFC Bank has launched an upgraded version of its mobile application named as HDFC Lite. The app allows customers to perform banking transactions without internet connections via SMS and missed calls. With HDFC Lite, customers can also enquire about their fixed deposits, request issue of new cheque book and regeneration of iPIN.
10th Feb 17 HDFC offers BBPS service to ease digitization process
HDFC Bank becomes the first bank to offer a Bharat Bill Payment System (BBPS) to its customers to ease its digitisation process. The facility will enable the customers to pay their utility bills instantly without registering their billers. BBPS is a centralised system created by NPCI that allows the agents to access the bill payments services in an inter operable manner.
30th Jan 17 HDFC Bank to deploy around 20 humanoid robots in next two years
HDFC Bank is planning to deploy around 20 human robots named Ira at its branches in next two years. The bank intends to provide better assistance to customers via humanoids. HDFC Bank becomes the second private sector bank to launch such robots after City Union Bank.
24th Jan 17 HDFC Bank may register a decent growth in its net profit even as its loan growth is expected to come down
Analysts at CNBC have forecasted an increase in net profit of HDFC Bank during the third quarter of FY 17. As per the polls, the bank is likely to see a growth of 12 percent in its net profit Rs. 3, 770 crore on a year on year basis. Analysts have, however opined that the bank is likely to see a slower growth in its loan book. HDFC Bank is scheduled to announce its Q3 results on 25th January, 2017.
20th Jan 17 HDFC Bank to organize Digital Literacy Camp to train people in cashless transactions
HDFC Bank is planning to organize a Digital Literacy Camp to train people in executing cashless transactions via various digital payment platforms. The bank expects to target 25, 000 people across 275 different places in the state of Madhya Pradesh. The bank is planning to open 5 new branches in future in this state.
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