HSBC Loan Against Property EMI Calculator
HSBC Bank Mortgage Loan EMI 2022
Get monthly EMI as low as ₹ 1,062 per lakh on HSBC Bank loan against property. Mortgage loan EMI in HSBC 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.
| Loan Amount | 5 Year Loan | 7 Year loan | 15 Year loan |
| ₹ 10 Lakh | ₹ 21,149 | ₹ 16,498 | ₹ 10,624 |
| ₹ 25 Lakh | ₹ 52,872 | ₹ 41,245 | ₹ 26,560 |
| ₹ 40 Lakh | ₹ 84,595 | ₹ 65,992 | ₹ 42,496 |
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Loan Against Property EMI Calculator HSBC Bank
You can calculate your HSBC Bank loan against property EMI in advance to plan your expenses using a HSBC Bank mortgage loan calculator. HSBC Bank loan against property EMI calculator is an online tool that gives accurate results without hassle.
Why should you use HSBC Bank Loan Against Property EMI Calculator?
HSBC Bank Mortgage Loan EMI Calculator to estimate the EMI that fits your budget
To calculate the EMI against HSBC Bank EMI loan against property at different rates and tenure, enter different loan amounts and tenure at the eligible interest rate on the HSBC Bank Loan against property EMI calculator. The table below shows the HSBC Bank EMI calculation at the various combinations of loan amount and years at the lowest rate of 9.80%.
HSBC Bank Loan against property EMI is calculated for different loan amounts and tenures at 9.80% interest rate
| Loan Tenure | |||
|---|---|---|---|
| Loan Amount (Rs.) | 10 years | 15 years | 20 years |
| EMI on ₹ 15,00,000 | ₹ 19,657 | ₹ 15,936 | ₹ 14,277 |
| EMI on ₹ 25,00,000 | ₹ 32,761 | ₹ 26,560 | ₹ 23,795 |
| EMI on ₹ 40,00,000 | ₹ 52,418 | ₹ 42,496 | ₹ 38,072 |
| EMI on ₹ 60,00,000 | ₹ 78,627 | ₹ 63,744 | ₹ 57,108 |
Factors Affecting HSBC Bank Property Loan EMI
You can calculate HSBC 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.
If you apply for a higher loan amount, you will have to pay a higher EMI on
A higher interest rate increases your HSBC Bank loan against property EMI, increasing the total cost of the loan. As per the current rates, HSBC Bank provides loan against property at rates starting at 9.80%. Before applying for a loan, you must compare LAP rates and calculate EMI online using HSBC Bank loan against property loan calculator.
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 HSBC 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 |
|---|---|---|---|---|
| HSBC Bank | 9.80% | ₹ 10,624 | ₹ 31,872 | ₹ 53,120 |
| HSBC Bank | 9.80% | ₹ 10,624 | ₹ 31,872 | ₹ 53,120 |
| Union Bank of India | 9.80% | ₹ 11,836 | ₹ 35,507 | ₹ 59,178 |
| Syndicate Bank | 9.95% | ₹ 13,187 | ₹ 39,562 | ₹ 65,937 |
| Indiabulls | 9.99% | ₹ 13,210 | ₹ 39,629 | ₹ 66,048 |
| Standard Chartered Bank | 10.10% | ₹ 10,807 | ₹ 32,422 | ₹ 54,037 |
| Canara Bank | 10.35% | ₹ 16,783 | ₹ 50,348 | ₹ 83,913 |
| Federal Bank | 10.50% | ₹ 13,494 | ₹ 40,480 | ₹ 67,468 |
| Indian Bank | 10.50% | ₹ 16,861 | ₹ 50,582 | ₹ 84,303 |
| Dhan Laxmi Bank | 10.60% | ₹ 11,116 | ₹ 33,348 | ₹ 55,580 |
| Andhra Bank | 10.75% | ₹ 13,634 | ₹ 40,902 | ₹ 68,169 |
| United Bank of India | 10.75% | ₹ 16,991 | ₹ 50,974 | ₹ 84,956 |
| Karnataka Bank | 10.89% | ₹ 11,297 | ₹ 33,891 | ₹ 56,485 |
| OBC | 10.95% | ₹ 13,747 | ₹ 41,240 | ₹ 68,734 |
| Cholamandalam | 11.00% | ₹ 11,366 | ₹ 34,098 | ₹ 56,830 |
| Lakshmi Vilas Bank | 11.00% | ₹ 13,775 | ₹ 41,325 | ₹ 68,875 |
| Corporation Bank | 11.35% | ₹ 13,974 | ₹ 41,922 | ₹ 69,869 |
| Piramal Housing Finance | 11.50% | ₹ 10,664 | ₹ 31,993 | ₹ 53,321 |
| Central Bank of India | 13.75% | ₹ 15,377 | ₹ 46,130 | ₹ 76,883 |
| Allahabad Bank | 14.15% | ₹ 16,422 | ₹ 49,265 | ₹ 82,108 |
HSBC 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 scheduleSuppose you borrow a Loan Against Property of ₹ 30 Lakh from HSBC for 15 years at an interest rate of 9.80%, the EMI calculated for this loan amount would be ₹ 31,872 and the total annual EMIs to be paid annually is ₹ 3,82,465. The HSBC Loan Against Property EMI schedule for 15 years is explained below in the table –
Amortization Schedule for a Loan Against Property of ₹ 30 Lakh over the 15 years
| Year | Interest paid during the year | Principal repaid during the year | Total amount paid during the year (Interest + Principal) | Outstanding Principal |
|---|---|---|---|---|
| 2022 | ₹ 1,94,286 | ₹ 60,690 | ₹ 2,54,977 | ₹ 29,39,310 |
| 2023 | ₹ 2,83,694 | ₹ 98,771 | ₹ 3,82,465 | ₹ 28,40,539 |
| 2024 | ₹ 2,73,568 | ₹ 1,08,897 | ₹ 3,82,465 | ₹ 27,31,641 |
| 2025 | ₹ 2,62,403 | ₹ 1,20,062 | ₹ 3,82,465 | ₹ 26,11,580 |
| 2026 | ₹ 2,50,094 | ₹ 1,32,371 | ₹ 3,82,465 | ₹ 24,79,208 |
| 2027 | ₹ 2,36,523 | ₹ 1,45,942 | ₹ 3,82,465 | ₹ 23,33,266 |
| 2028 | ₹ 2,21,560 | ₹ 1,60,905 | ₹ 3,82,465 | ₹ 21,72,361 |
| 2029 | ₹ 2,05,064 | ₹ 1,77,402 | ₹ 3,82,465 | ₹ 19,94,960 |
| 2030 | ₹ 1,86,876 | ₹ 1,95,589 | ₹ 3,82,465 | ₹ 17,99,370 |
| 2031 | ₹ 1,66,823 | ₹ 2,15,642 | ₹ 3,82,465 | ₹ 15,83,728 |
| 2032 | ₹ 1,44,715 | ₹ 2,37,750 | ₹ 3,82,465 | ₹ 13,45,978 |
| 2033 | ₹ 1,20,339 | ₹ 2,62,126 | ₹ 3,82,465 | ₹ 10,83,852 |
| 2034 | ₹ 93,465 | ₹ 2,89,000 | ₹ 3,82,465 | ₹ 7,94,853 |
| 2035 | ₹ 63,836 | ₹ 3,18,629 | ₹ 3,82,465 | ₹ 4,76,224 |
| 2036 | ₹ 31,169 | ₹ 3,51,296 | ₹ 3,82,465 | ₹ 1,24,927 |
| 2037 | ₹ 2,561 | ₹ 1,24,927 | ₹ 1,27,488 | -₹ 0 |
Each HSBC 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 24.2% of your EMI has been used to repay the principal amount. This means that the remaining 75.8% of the EMI went into interest payment. Thus, you end up paying only 3.08% of the loan amount of ₹ 30 Lakh after paying 12 EMIs in the first year to HSBC.
In year 15, the interest component of HSBC EMI is around 5.11%, while the principal component is around 94.89%. Upto 15 years, you have cumulatively repaid 100% of your total HSBC Loan Against Property.
HSBC Bank Loan Against Property EMI for ₹ 10 Lakh
The following table shows EMI on HSBC Bank loan against property for ₹ 10,00,000 for different tenures at an interest rate of 9.80%
| Loan Amount | Interest rate | Tenure (Year) | EMI |
|---|---|---|---|
| ₹ 10,00,000 | 9.80% | 5 Years | ₹ 21,149 |
| ₹ 10,00,000 | 9.80% | 10 Years | ₹ 13,105 |
| ₹ 10,00,000 | 9.80% | 12 Years | ₹ 11,836 |
| ₹ 10,00,000 | 9.80% | 15 Years | ₹ 10,624 |
HSBC Bank Loan Against Property EMI for ₹ 25 Lakh
The following table shows HSBC Bank loan against property EMI for ₹ 25,00,000 for different tenures at an interest rate of 9.80%
| Loan Amount | Interest rate | Tenure (Year) | EMI |
|---|---|---|---|
| ₹ 25,00,000 | 9.80% | 5 Years | ₹ 52,872 |
| ₹ 25,00,000 | 9.80% | 10 Years | ₹ 32,761 |
| ₹ 25,00,000 | 9.80% | 12 Years | ₹ 29,589 |
| ₹ 25,00,000 | 9.80% | 15 Years | ₹ 26,560 |
HSBC Bank Mortgage Loan EMI for ₹ 30 Lakh
The following table shows HSBC Bank loan against property EMI for ₹ 30,00,000 for different tenures at an interest rate of 9.80%
| Loan Amount | Interest rate | Tenure (Year) | EMI |
|---|---|---|---|
| ₹ 30,00,000 | 9.80% | 5 Years | ₹ 63,446 |
| ₹ 30,00,000 | 9.80% | 10 Years | ₹ 39,314 |
| ₹ 30,00,000 | 9.80% | 12 Years | ₹ 35,507 |
| ₹ 30,00,000 | 9.80% | 15 Years | ₹ 31,872 |
FAQs
✅Will the HSBC Bank Loan Against Property EMI remain constant or change in future? What happens in case of increase or decrease in interest rate?
HSBC 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 HSBC Bank LAP EMI are listed as follows:
✅Will HSBC Bank Loan Against Property EMI change in case of prepayment?
Similar to all loans, HSBC Bank Loan against property also offers the prepayment facility to the loan borrowers. Prepayment of loan leads to certain changes as listed below:
✅How does EMI calculator calculate HSBC Bank Loan Against Property EMI?
HSBC Bank Loan against property emi calculator is a reliable and time-saving tool to calculate the LAP EMI. It functions as follows:
✅How much loan can I get against my property from HSBC 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 65% of the property value. HSBC Bank assesses the property before approving your mortgage loan application.
✅How to pay your HSBC Bank Mortgage loan EMI Online?
You can pay the HSBC 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 HSBC Bank branch to submit the cheque of your EMI.
✅What is the EMI for ₹ 10 Lakh mortgage loan in HSBC 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 | 9.80% | 5 years | ₹ 21,149 |
| ₹ 10 Lakh | 9.80% | 10 years | ₹ 13,105 |
| ₹ 10 Lakh | 9.80% | 12 years | ₹ 11,836 |
| ₹ 10 Lakh | 9.80% | 15 years | ₹ 10,624 |
✅How is HSBC Bank loan against property EMI calculated?
You can calculate HSBC Bank LAP EMI using the mathematical formula mentioned below or using an online HSBC Bank LAP EMI Calculator.
✅What is the EMI for ₹ 20 Lakh Loan against property in HSBC Bank?
To determine different Loan against property EMI HSBC 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 | 9.80% | 5 years | ₹ 42,298 |
| ₹ 20 Lakh | 9.80% | 10 years | ₹ 26,209 |
| ₹ 20 Lakh | 9.80% | 12 years | ₹ 23,671 |
| ₹ 20 Lakh | 9.80% | 15 years | ₹ 21,248 |
✅What is the EMI for ₹ 30 Lakh mortgage loan in HSBC Bank?
To determine different HSBC Bank EMI for different tenures, you can use a 30 lakh loan against property EMI Calculator.
| Loan amount | Interest rate | Tenure | EMI |
|---|---|---|---|
| ₹ 30 Lakh | 9.80% | 5 years | ₹ 63,446 |
| ₹ 30 Lakh | 9.80% | 10 years | ₹ 39,314 |
| ₹ 30 Lakh | 9.80% | 12 years | ₹ 35,507 |
| ₹ 30 Lakh | 9.80% | 15 years | ₹ 31,872 |
✅What is the EMI for ₹ 50 Lakh mortgage loan in HSBC Bank?
To estimate HSBC 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 | 9.80% | 5 years | ₹ 1,05,744 |
| ₹ 50 Lakh | 9.80% | 10 years | ₹ 65,523 |
| ₹ 50 Lakh | 9.80% | 12 years | ₹ 59,178 |
| ₹ 50 Lakh | 9.80% | 15 years | ₹ 53,120 |
- 2019-07-03 : HSBC lowers MCLR rates by 5 basis points
HSBC has cut its Marginal Cost of Funds Based Lending Rate (MCLR) by 5 basis points. The move is supposed to make customer loans like home loans and mortgage loans cheaper. For six-months and one-year tenure, the rate has been revised to 8.70% and 8.75% from the earlier rate of 8.75% and 8.80% respectively while the rate for other loan tenure has remained unchanged. - 2019-04-03 : HSBC Bank reduces MCLR rates by 10 basis points
HSBC Bank has revised its Marginal Cost of Funds Based Lending Rate (MCLR) by 10 basis points across all tenors for the month of April. The move is supposed to make home loans, auto loans and mortgage loans cheaper. Now for 6 months, the MCLR stands at 8.75% as compared to 8.85% earlier while for 3 months, the rate has been revised to 8.50% from 8.60% respectively. The revised rates are effective from April 1, 2019. - 2017-10-23 : Jayant Rikhye to be HSBC India CEO
Hongkong and Shanghai Banking Corp (HSBC) has appointed Jayant Rikhye as India CEO effective from December 1. Currently the group general manager, head of strategy and planning and regional head for the bank in 11 markets in Asia Pacific, Rikhiye will be the first Indian in 8 years to be promoted as the CEO at HSBC.
