Sundaram Home Finance home loan EMI is the amount that a home loan borrower needs to pay every month till the end of the loan tenure. Sundaram Home Finance offers home loans at interest rates starting 6.95% p.a. for a maximum loan tenure of 20 years. The processing fee details of this home loan are:
Loan Amount |
Home Loan Rate |
Upto Rs. 30 Lakhs |
6.95% |
Rs. 30 Lakhs – Rs. 75 Lakhs |
7.00% |
Rs. 75 Lakhs – Rs. 2 Cr |
7.00% |
Above Rs. 2 Cr |
7.00% |
Some of the top features of Sundaram Home Finance home loan are:
- Sundaram Home Finance home loan EMI for every Rs. 1 Lakh of the loan amount is Rs. 772. This is one of the lowest EMI amounts offered by banks in India.
- Housing loan EMI in Sundaram Home Finance is based on the loan amount, loan tenure and the interest rate offered.
- It is advisable to calculate home loan EMI for Sundaram Home Finance home loan before making a loan application. For estimating the home loan EMI, one can use an online EMI calculator.
The below table provides EMIs for three different loan tenure options and loan amounts @ interest rate of 6.95% p.a.:
Loan Amount |
10 Year Loan |
15 Year Loan |
20 Year Loan |
Rs. 10 Lakh |
Rs. 11,585 |
Rs. 8,960 |
Rs. 7,723 |
Rs. 20 Lakh |
Rs. 23,170 |
Rs. 17,921 |
Rs. 15,446 |
Rs. 30 Lakh |
Rs. 34,755 |
Rs. 26,881 |
Rs. 23,169 |
Rs. 50 Lakh |
Rs. 57,925 |
Rs. 44,802 |
Rs. 38,615 |
You can calculate the housing loan EMI before making a loan application so that you can plan loan repayments. There are many EMI calculators available online that provide accurate results of EMI calculations.