HSBC Loan Against Property EMI Calculator

Lowest EMI on HSBC Bank Loan Against Property - Rs. 1,081 per lakh

Last Updated 28th Feb 2017
Loan Tenure
Loan Amount (Rs.) 7 years 10 years 15 years
2,500,000 Rs. 41,632 Rs. 33,176 Rs. 27,018
5,000,000 Rs. 83,265 Rs. 66,353 Rs. 54,037
7,500,000 Rs. 124,897 Rs. 99,529 Rs. 81,055
10,000,000 Rs. 166,529 Rs. 132,705 Rs. 108,073

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

HSBC 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 HSBC Bank towards repayment of your property loan every month on a fixed day of the month till your loan is fully paid back.
  • With HSBC Bank now offering loan tenure upto 18 years at attractive interest rates starting is 10.10%, your EMI can be as low as Rs. 1081 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 HSBC Bank Loan Against Property.

Will the HSBC 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 HSBC 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, HSBC 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 HSBC 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 HSBC 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.
HSBC Loan Against Property EMI Calculator News - Feb 2017
28th Feb 17 Residential realty to witness weak sales whereas retail and commercial segment to record stable growth in 2017
Analysts at Care Ratings have opined that residential real estate sector sales of new house units is likely to slowdown in 2017 as the home buyers are deferring new home purchases and are expecting a further cut in interest rates from RBI. However, the experts have still maintained a stable outlook on commercial and retail segment of the realty sector and believe that these segments will be able to grow at reasonable rates.
27th Feb 17 Piramal ties up with CDPQ for realty investments in five major Indian cities
Piramal Enterprises have entered into strategic partnership with Ivanhoe Cambridge, subsidiary of CDPQ, to provide equity capital to residential developers across five major Indian cities. The funds will be invested in select developers with demonstrated execution track record, focus corporate governance and ability to generate strong returns. The investment fund is likely to be focused on the real estate projects in Mumbai, Delhi NCR, Bengaluru, Chennai and Pune.
25th Feb 17 Real estate sentiment index recorded worst score in third quarter of FY17
Real Estate Sentiment Index has dropped below 50 points during the third quarter of FY17, marking it the worst quarter during last three financial years. The real estate sentiment index, based on a survey of stakeholders including developers, banks and NBFCs and private equity firms, fell to 41 points during the quarter from 58 points, a year ago.
22nd Feb 17 Housing sales and launches dips by 31 and 40 percent in third quarter of FY17
A report by NDTV Profit has highlighted a fall in housing sales and launch of new housing units by 31 and 40 percent respectively during the third quarter of FY17 in eight major realty centres. The sale of new houses dropped to 26,718 units during third quarter as compared to 38,450 units for the corresponding period a year ago. Similarly, the launch of new home units dropped to 16,636 units in December, 2016 as compared to 27,696 units a year ago.
17th Feb 17 PNB Housing Finance launches EMI step up plan for self employed loan borrowers
PNB Housing Finance has launched a new EMI scheme called EMI Step up Plan for self employed loan borrowers across home loan and loan against property segment. Under the scheme, borrowers who have taken loan of Rs. 50 lakh and above can opt to pay a lower EMI initially and can gradually increase the EMI to match an increase in their income. This is expected to ease the loan burden on borrowers in the initial years of their career.
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