HDFC Loan Against Property EMI Calculator

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Lowest EMI on HDFC Bank Loan Against Property - Rs. 1,397 per lakh

Last Updated 19th Oct 16

Loan Tenure
Loan Amount (Rs.) 7 years 10 years 9 years
2,500,000 Rs. 41,245 Rs. 32,761 Rs. 34,927
5,000,000 Rs. 82,490 Rs. 65,523 Rs. 69,853
7,500,000 Rs. 123,735 Rs. 98,284 Rs. 104,780
10,000,000 Rs. 164,980 Rs. 131,046 Rs. 139,706

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

HDFC Bank Loan Against Property EMI Calculator
  • 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 9.8%, your EMI can be as low as Rs. 1397 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.
*My Finance Care Advisors Pvt. Ltd., or is a bank neutral multi bank platform that helps borrowers and bank customers compare loans and deposits of all banks in India at one place. Information carried at this website is based on perusal of public sources and should not be construed as an offer or solicitation or invitation to borrow or lend. The Company does not assure as to the correctness of information carried at the website. Lenders/ banks/ other parties may contact us at to provide corrections or updates. We may act as and/ or be associated with channel partners of banks and other sellers of financial products.
Loan Against Property @ 10.60%* Cashback Upto Rs. 5,000

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HDFC Loan Against Property EMI Calculator News - Oct 2016
21st Sep 16 HDFC Bank Tops List of 50 Most Valued Brands In 2016
HDFC Bank came out as the most valuable brand in a list of 50 Most Valuable Brands for a third consecutive year, with a brand value of 14.4 billion dollar. The financial zone made the largest involvement to overall value, but multiple sectors including auto and consumer goods has also shown large growth. HDFC Bank, Kotak Mahindra Bank and Axis Bank were a part of the top 10 list. IndiGo and Jet Airways from the airline sector also gained the position of 26 and 30 for the first time this year.
27th Jul 16 HDFC reported 38% increase in Q1 results
As per the results of Q1FY17 , Housing Development Finance Corp. Ltd (HDFC) reported a 37.5 percent increase in its Net Profit to Rs 1,870.7 crore. This was largely due to one-time gain of Rs.725 crore on the sale of a 22.9 percent stake in HDFC ERGO General Insurance Co. Ltd. Total Income from operations increased by 19.4 percent year on year to Rs 8,382.3, while Net Interest Income, showed a growth of 9 percent to Rs 2,229.15 crore. Asset quality was stable in the current quarter, with Gross NPAs ratio of 0.75 percent compared to 0.7 percent as on FY16 . Provision for contingencies showed a significant increase of 580 percent on a yearly basis, but compared to last quarter, it registered a decline of 37.6 percent Provisions for contingencies included an additional one time provision of Rs 275 crore towards standard assets and other contingencies.
21st Jul 16 HDFC Bank Q1 profit increases by 20%
As per results of quarter ended June 2016, HDFC Bank Profit increased by 20.14 percent year on year to Rs 3,239 crore due to a growth of 21.8 percent in its Net interest income . Asset quality showed mild signs of weaking with Provisions for bad loans increased by 19 percent yoy and 30.8 percent qoq. During the quarter. its Gross NPA rose by 10 basis points to 1.04 percent and net NPA rose by 4 bps to 0.32 percent
10th Jun 16 HDFC Bank launches Ultracash for mobile proximity payments
HDFC Bank has launched a new payments app called UltraCash which will allow users to make proximity payments at merchants without NFC technology. UltraCash had partnered with YES Bank in February to let Ultracash issue YES Bank sponsored mobile wallets. It would also employ YES Bank IMPS payments platform to enable processing of instant proximity transactions. UltraCash allows you to link your bank account or cards to the app and make proximity payments to other peers on mobile or merchants.
09th Jun 16 HDFC Bank cuts MCLR based lending rate by 0.05%
HDFC Bank has cut lending rate by 0.05 per cent, a move which will lower EMI for its new borrowers. The new rate for two year lending tenure has been reduced to 9.20 per cent from 9.25 per cent effective June 7. At the same time, the bank has also reduced MCLR for 1 month tenure to 8.95 per cent from 9 per cent. MCLR is the new benchmark lending rate and replaces the base rate for new borrowers. It is calculated on the marginal cost of borrowing and return on net worth for banks.