Question: Can I Get 50 Lakhs Loan?

Can I get 50 lakhs home loan?

Your Home Loan Eligibility will be calculated after deductions of the EMIs that you are paying.

Generally, the banks provide maximum upto 85% of loan against the value of property.

Therefore, if you want a home loan for buying a property of Rs.

50 lakhs, the maximum amount you can get is 85% of that ie 42.50 lakhs..

Can I get 20 lakhs education loan?

The security pledged against a loan is termed as collateral. … Under the CGFEL scheme you can get a loan up to Rs 10 lakh for study in India and up to Rs 20 lakh for studying abroad. But, if you take a loan of more than Rs 7.5 lakh, the bank may ask for collateral for the loan amount.

How is education loan EMI calculated?

Follow these steps to calculate your EMI Amount:Use the slider for Selecting the Loan Amount.Select the Loan Tenure in Months using slider.Move the slider and select the Interest Rate.Recalculate your EMI anytime by changing the input sliders.EMI will be calculated instantaneously when you move the sliders.

Which bank is best for study loan?

Best Banks for Education Loan in India 2020 (up to 7.50 Lakhs)#1. HDFC Bank Education Loan.#2. Axis Bank Education Loan.#3. Vijaya Bank Education Loan.#4. Union Bank of India Education Loan.#5. State Bank of India Education Loan.#6. Punjab National Bank Education Loan.#7. ICICI Bank Education Loan.#8.More items…

What will be the EMI for 40 lakhs home loan?

The EMI for a 40 lakh home loan will depend on the interest rate and the tenure period that you and your lender agree upon. For instance, if you get an interest rate of 8% and a tenure period of 20 years, your Equated Monthly Instalment(EMI) will be Rs. 33,458.

What is the EMI for 10 lakhs home loan?

Check EMI Calculation for 10 Lakh home loan for 5, 10, 15, 20 Years or How much EMI you have to pay for 10 Lakh home loan amount per month?…EMI Calculation for 10 Lakh Home Loan amount for Various Tenure Options:Tenure OptionsEMI Per Month15 YearsRs.956020 YearsRs.836025 YearsRs.772030 YearsRs.73402 more rows

Can I get 50 lakhs education loan?

Educational loans in India can vary between Rs. 1 lakh to upwards of Rs. 30-50 lakh.

What is the EMI for education loan?

EMI ResultLoan Amount:` 1,00,00,000Rate of Interest:11%Tenure:240 monthsEMI:` 1,03,218

How much loan can I get on 35000 salary?

If you are taking a home loan for 35,000 salary, you can get a maximum loan amount of Rs. 20,16,481 at say an 8.5% interest rate for a tenure of 20 years. In this situation, the home loan EMI amount you would pay is not more than Rs. 17,500.

How much loan can I get if my salary is 70000?

The loan amount you can avail depends on criteria like your credit score, salary, age, location, current obligations, etc….How much home loan can I get on my salary?Net Monthly incomeHome Loan AmountRs.30,000Rs.22,37,206Rs.40,000Rs.29,82,941Rs.50,000Rs.37,28,676Rs.70,000Rs.52,20,1461 more row

How can I get 3 lakh loan?

3 lakh Personal Loan:Provide your personal, financial, and employment data.Choose the loan amount and repayment tenor to avail quick approval.Provide the required documents to our representative, who will come at your doorstep.Receive your personal loan in your bank account within 24 hours.

How much of a student loan can I get?

The maximum amount you can borrow depends on factors including whether they’re federal or private loans and your year in school. Undergraduates can borrow up to $12,500 annually and $57,500 total in federal student loans. Graduate students can borrow up to $20,500 annually and $138,500 total.

Which loan is better for students?

Federal student loans are generally the first choice for students because you can get approved regardless of your income or credit, and they offer the same interest rate to every student. Additionally, federal student loans are eligible for repayment plans and assistance programs, such as student loan forgiveness.

Which bank provide education loan easily?

HDFCThe maximum loan amount by HDFC Bank is up to INR 20 lakhs. The processing fees for education loans is up to 1.5% of the loan amount with no fees levied for prepayment of the loan….HDFC education loan interest rates.Loan amount limitHDFC interest ratesHDFC education loan interest rate (average)11.88%2 more rows

What is the EMI for 15 lakhs home loan?

What is home loan EMI?Loan AmountTenure10 Years15 YearsRs. 30 LakhRs. 35,611Rs. 27,810Rs. 40 LakhRs. 47,481Rs. 37,080Rs. 50 LakhRs. 59,351Rs. 46,3511 more row

Can I get a loan of 1 lakh?

1 lakh personal loan from Bajaj Finserv. Enjoy instant approval and disbursal within only 24 hours, hassle-free application process and easy to meet eligibility criteria for instant financing. … 1 lakh amount. You can select a flexible repayment tenor ranging up to 60 months to repay the loan with ease.

What is the EMI for 60 lakhs home loan?

60 Lakh at 9% (0.75% per month) rate of interest with tenure of 20 years (240 months). Then, EMI = [60,00,000 x 0.75% x (1+0.75%)^240]/[(1+0.75%)^ (240-1)]….FAQs.LTVProperty value90%Less than Rs. 30 Lakh80%Rs. 30 Lakh to up to Rs. 75 Lakh75%Above Rs. 75 Lakh

What is the EMI for 20 lakhs home loan?

Housing Loan Interest CalculatorEMI for various home loan amounts15 years20 years₹ 20 Lakh₹ 17,809₹ 15,326₹ 25 Lakh₹ 22,262₹ 19,158₹ 30 Lakh₹ 26,714₹ 22,990₹ 50 Lakh₹ 44,523₹ 38,3161 more row