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EMI Calculator
The loan amount depends upon the purchasing price of the property. Just slide through the desired loan amount and discover the exact EMI before investing!
Loan amount
₹4,00,00,000Reset
Rate of interest
7.5%Reset
Loan tenure
10 yearsReset
Total amount payable₹5,69,76,840
EMI₹4,74,807
Frequently asked questions
What is EMI?
An equated monthly instalment (EMI) is a set monthly payment provided by a borrower to a creditor on a set day, each month. EMIs apply to both interest and principal each month, and the loan is paid off in full over some years
Is EMI same as loan?
A loan is the amount of money that a bank or lending institution lends to you. In return, you sign an agreement with them stating that you will repay the borrowed amount with interest. EMI is the monthly installment you pay towards your loan at a specified interest rate over a specified loan tenure.
Can I pay EMI before due date?
Yes, you can opt for EMI in advance even if the interest rate is a floating rate.
What is LRD loan?
Lease Rental Discounting (LRD) is a Term Loan offered against income-producing commercial assets/property. The LRD Loan works on the premise that your leased property derives fixed rent, which you can use as a 'Collateral' to generate funds, instantly.
How is LRD eligibility calculated?
The LRD eligibility is calculated on the basis of the discounted rental cash flows of the property, and its current market value. It is a term loan that can be used for both personal and professional needs.
