To find the home loan EMI for KVB home loan, we highly recommend using the home loan EMI calculator available on the KVB website. This calculator is easy to use and gives you an accurate idea of the home loan terms at KVB before you take the loan.
Karur Vysya Bank offers two home loan calculators:
EMI Calculator
This calculator helps you compute the home loan EMI by entering the loan amount, tenure and interest rate.
Sample Calculation:
Loan Amount – Rs. 30 lakhs
Interest Rate – 7.35%
Tenure – 240 months
EMI Calculator Results
EMI |
Rs. 23,893 |
Total Interest Payable |
Rs. 27,34,423 |
Total Payments (Principal + Interest) |
Rs. 57,34,320 |
Reverse EMI Calculator
This calculator is helpful when you have decided the EMI you can afford and want to check the home loan amount that you can get for this EMI.
Sample Calculation:
EMI Amount – Rs. 40,000
Interest Rate – 7.35%
Tenure – 240 months
EMI Calculator Results
Eligible Loan Amount |
Rs. 50,22,311 |
Additional Read: CreditMantri’s Guide to Home Loans
Before you leave,
Always use the Karur Vysya Bank EMI calculator before applying for the home loan to find your preferred EMI and other loan terms.