✓ Home Loan from ₹2 Lakhs To ₹15 Cr ✓ Multiple Lending Partners ✓ Interest Rates Starting @ 8.50%

When you take out a Home Loan, you must repay it in EMIs, or Equated Monthly Instalments, over a certain period of time. Your home loan EMI is determined by three factors: the interest rate, the loan amount and the repayment term. The EMI is planned in such a manner that the interest component is significantly greater than the principal component during the first years of repayment, and the principal component grows while the interest component drops in the last years.

EMI Calculations For A Home Loan Of ₹25 Lakhs With Varying Tenures

The EMI of your home loan depends primarily on three factors- the loan amount, the tenure of the loan and the applicable rate of interest. The following table illustrates the EMI amount that you will be paying to your lender on a monthly basis for a home loan of ₹25 Lakhs for various tenures. The interest rate is assumed to be 8.25% per annum for the calculation.

Loan Amount

Loan Tenure

Interest Rate

EMI Payable

₹25 Lakhs

30 Years

8.25% per annum


₹25 Lakhs

20 Years

8.25% per annum


₹25 Lakhs

15 Years

8.25% per annum


₹25 Lakhs

10 Years

8.25% per annum


₹25 Lakhs Home Loan EMI Calculator


Which Are The Popular Banks Providing ₹25 Lakh Home Loan?

Housing Finance Companies (HFCs) and banks provide home loans starting at 8.25% p.a. for terms of up to 30 years and loan amounts of up to 80% of the property's purchase price. To meet the housing financing needs of a larger customer base, HFCs/banks provide a variety of home loan schemes that include lower EMIs, increased home loan eligibility, mixed interest rates, EMI waivers, overdraft facility, and balance transfer facility. Some lenders also provide affordable home loan options and for those with insufficient income documentation.

Name of Lender

Above ₹ 30 Lakhs & up to ₹ 75 Lakhs

Up to ₹ 30 Lakhs

Above ₹ 75 Lakhs





State Bank of India




Kotak Mahindra Bank

8.30% onwards

8.30% onwards

8.30% onwards





Bank of Baroda




Punjab National Bank




IDFC First Bank

8.45% onwards

8.45% onwards

8.45% onwards

Union Bank of India




Indian Bank




Federal Bank





**Note - The interest rates are subject to change with the change in norms and policies of the banks and financial institutions.

You should choose the ideal home loan for you based on your repayment capacity, loan needs and cash flow. Your lender should specify the charges that will be covered by the loan. Lenders often do not finance annual maintenance expenses, stamp duty and registration payments or clubhouse fees. As a consequence, it's vital to select a lender that will finance the required amount while also providing straightforward repayment options and loan approval.

Interest Rate Applicable On A ₹25 Lakhs Home Loan

The interest rate levied by the lender on a home loan depends upon multiple factors. Some of the factors that influence the home loan interest rate are:

  • Credit Score: If you have a healthy credit score (upwards of 750), banks/NBFCs would usually offer you a house loan at a lower rate of interest. On the other hand, you might have to pay a much higher interest rate if you have a poor credit standing.

  • Type of Employment and Income: Lenders charge a lower interest rate from borrowers with a stable job or a well-established business. This is because stable employment with a regular inflow of cash means a lower risk of default.

  • Tenure of the Loan: Home loans with a longer tenure usually attract a higher rate of interest compared to ones with a shorter tenure.

  • Type of Interest: Home loans are offered with three types of interest rates- floating rate, fixed rate and mixed rate. While the interest rate applicable on loans with a fixed interest rate remains constant throughout the tenure of the loan, the floating rate is subject to change every quarter. Loans with mixed interest rate start off with a fixed rate of interest (applicable for a specific fraction of the tenure), then switch over to a floating rate.

  • Loan to Value (LTV) Ratio: It is the ratio of the loan amount to the market price of the property. Most lenders offer home loans up to 80% of the property price. You can always lower the LTV ratio by making a larger down payment. Home loans with a higher LTV ratio usually attract a higher rate of interest.

  • Property Location: The location of the property also impacts the interest rate charged by the lender. Lenders levy a lower rate of interest on properties with good connectivity and amenities located at a prime location.

  • Loan Amount: The amount of the loan taken also influences the applicable interest rate. In most cases, the more the loan amount, the higher the interest rate. For example, a home loan of ₹50 Lakhs would attract a higher rate of interest than a home loan of ₹25 Lakhs.

You can avail home loans at affordable interest rates at Bajaj Markets. Apart from competitive interest rates, you also get numerous other benefits if you apply for a home loan at Bajaj Markets such as zero charges or penalty for foreclosure of the loan or for making part prepayments. While looking for the best home loan offer for yourself, you should compare the various loan offerings and select a lender providing the most affordable interest rates.

Eligibility Criteria For A ₹25 Lakhs Home Loan

You must satisfy a certain set of criteria to be eligible for a home loan. While the exact criteria are different for different lenders, some of the general eligibility criteria for home loans are:

  • Age: You must be a legal adult (min 18 years of age) to Calculate your Home Loan Eligibility Online be eligible for any home loan. Some lenders have a higher age limit and require you to be at least 21 years old to be eligible for a home loan.

  • Credit Score: Credit score or CIBIL score is one of the most important factors that determine your eligibility for a home loan. If you have a credit score of 750 or above, you are most likely eligible for most of the home loan offers.

  • Income: Apart from your credit score, your income is another very important factor that determines your eligibility for a home loan. Banks/NBFCs would grant you a home loan only if you are financially capable to pay the loan EMIs.

  • Loan to Value (LTV) Ratio: Banks/NBFCs usually do not grant loans of an amount greater than 80% of the market price of the property. For example, if you apply for a home loan to buy a house worth ₹25 Lakhs, the maximum loan amount you would be eligible for (in the case of most banks/NBFCs) would be ₹20 Lakhs. This ratio of the loan amount to the market price of the property is known as the Loan to Value (LTV) ratio.

Steps To Apply For A Home Loan Up To ₹25 Lakhs

You can easily apply for a home loan at Bajaj Markets. All you have to do is follow the below-mentioned steps:

  • Step 1: Visit the Home Loans section on the Bajaj Markets website and enter some of the basic information such as your phone number and date of birth.

  • Step 2: Enter the details of your current employment along with your yearly income on the next page.

  • Step 3: Now you will be prompted to provide some additional information such as your gender, marital status and PAN. After you’re done filling in the information, click on “Proceed” at the bottom right corner of the screen.

  • Step 4: You will be shown the maximum amount that you can avail as a home loan from one of our lending partners. You will also be able to see the monthly EMI, inclusive of the interest amount.

  • Step 5: Now you have to select one of the loan options from our lending partners and the tenure for repayment.

Once you have selected the lending partner, the home loan amount, and the payment tenure of your choice, you will be shown a loan summary page. The home loan summary page will include details such as the rate of interest, the loan amount, the EMI, and the date on which your monthly EMI will be deducted from your bank account. It will also contain information about the processing fee that will be applicable on the home loan. The processing fee will be deducted from your final home loan amount.

Documents Needed For A ₹25 Lakhs Home Loan

In order for your home loan application to be processed by the bank/NBFC, you need to furnish a certain set of documents. Here is a handy list of home loan documents that you need to provide:

  • Identity Proofs: Aadhaar card, Voter ID card, passport driving licence, etc.

  • Address Proof: Passport, driving licence, Aadhaar card, utility bills, etc.

  • Proof of Income: Last three months’ salary slips, last six months’ bank statements, Form 16 or income tax returns.

  • Property Documents: Sale deed, a copy of allotment letter/buyer agreements.

How To Minimise Your ₹25 Lakhs Home Loan EMI?

While the EMI of your home loan is determined by the lender, there are a few things that you can do to reduce your home loan EMI:

  • Choose a longer loan tenure: If you choose a longer repayment tenure, your EMI obligation will be considerably reduced.

  • Select a lower interest rate: Always compare loan offers from different banks/NBFCs and choose the one with the lowest interest rate. This will reduce your EMI obligation.

  • Make a substantial downpayment: If you make a large down payment, your overall debt burden will decrease. This will reduce your loan EMI.

  • Partial prepayment: Based on your existing financial situation, you can choose to make a partial prepayment of your ₹25 Lakhs home loan. This will give you a breather by reducing your EMI obligations.

Factors That Affect Your ₹25 Lakhs Home Loan EMI

The amount that you would end up paying to your lender as EMI every month depends upon a number of factors. Some of the factors that influence your home loan EMI are as:

  • Interest Rate: Your monthly instalment is directly proportional to the rate of interest applicable on the loan amount. The higher the interest rate, the more the EMI.

  • Loan tenure: Your home loan EMI also depends upon the tenure of the loan. The EMI for a loan taken for a longer tenure would be lower than that for a loan with a shorter tenure.

  • Loan Amount: Your home loan EMI also depends upon the amount borrowed. The EMI for a ₹25 Lakhs loan would be much higher than that for a ₹10 Lakhs loan.

  • Credit Score: This is a three-digit figure reflecting your creditworthiness. A good credit score can help you get a home loan at a lower rate of interest. On the other hand, a poor credit profile would not only attract a higher interest rate but can also make you ineligible for the loan.

  • Address: If your property is located in a posh neighbourhood, the lender might charge a lower interest rate, which translates into lower EMI.

  • Loan to Value (LTV) Ratio: Banks usually consider home loans with high LTV ratios riskier than the ones with a lower LTV ratio. As a result, if you avail a home loan with a high LTV ratio, you may expect a higher rate of interest and therefore a higher EMI.

₹25 Lakhs Home Loan EMI FAQs

✔️How much EMI will I have to pay if the home loan amount ranges between ₹5 and ₹10 Lakhs?

If you take out a home loan between ₹5 Lakhs and ₹10 Lakhs for a tenure of 10 years, assuming the rate of interest of 8.25% per annum, you will be paying an EMI between ₹5,600 and ₹11,400 every month to the lender.

✔️How much EMI will I have to pay if the home loan amount ranges between ₹20 to ₹25 Lakhs?

If you take out a home loan between ₹20 Lakhs and ₹25 Lakhs for a tenure of 30 years, assuming the rate of interest of 8.25% per annum, you will be paying an EMI between ₹12,500 and ₹15,800 every month to the lender.