₹15 Lakh Home Loan EMI for 25 Years

The EMI for a ₹15 Lakh home loan over 25 years is about 12,180/month at 8.6% p.a. Over the full tenure you repay ₹36.54 L — of which ₹21.54 L is interest. Updated for 2026.

Monthly EMI
12,180
at 8.6% p.a.
Total Interest
₹21.54 L
over 25 years
Total Payable
₹36.54 L
principal + interest

₹15 Lakh EMI at different interest rates (25 years)

Even a 0.5% rate difference changes your total interest by lakhs. This is why negotiating your rate — or transferring your balance — matters more than most borrowers realise.

Interest RateMonthly EMITotal Interest
8% p.a.11,577₹19.73 L
8.25% p.a.11,827₹20.48 L
8.5% p.a.12,078₹21.23 L
8.75% p.a.12,332₹22.00 L
9% p.a.12,588₹22.76 L
9.25% p.a.12,846₹23.54 L
9.5% p.a.13,105₹24.32 L
10% p.a.13,631₹25.89 L

₹15 Lakh home loan EMI by bank (25 years)

EMI for a ₹15 Lakh loan over 25 years at each lender's minimum 2026 rate. Sorted lowest first.

BankMin RateMonthly EMIProcessing Fee
BoI7.1%10,698Varies
Central Bank7.1%10,698Varies
IOB7.1%10,698Varies
P&S Bank7.1%10,698Varies
Canara7.15%10,7460.50% (varies)
UCO7.15%10,746Varies
BoB7.2%10,794Up to 0.50% (varies)
Bajaj Housing7.25%10,842Up to 0.50% + GST
Union Bank7.35%10,939Varies
BoM7.35%10,939Varies

Cut this loan short: the prepayment effect

On a ₹15 Lakh loan at 8.6% over 25 years, the first few years are almost entirely interest. Adding just 10,000/month toward the principal closes the loan in roughly 7 years 9 months and saves about ₹15.95 L in interest.

Run my prepayment plan →
Sponsored

Compare top home loan offers →

₹15 Lakh EMI at other tenures

Other loan amounts for 25 years

support_agent

Get the best rate on your ₹15 Lakh home loan

Our advisors help you negotiate a lower rate and structure prepayments. Zero cost.

100% free. No spam. We respect your privacy.

Frequently Asked Questions

What is the EMI for a ₹15 Lakh home loan for 25 years?

The EMI for a ₹15 Lakh home loan over 25 years is approximately ₹12,180 per month at an interest rate of 8.6% p.a. The exact EMI depends on your bank's rate — at 8% it is ₹11,577 and at 9.5% it is ₹13,105 per month.

How much total interest will I pay on a ₹15 Lakh loan over 25 years?

At 8.6% p.a. you would pay roughly ₹21,54,000 in total interest over 25 years — making the total repayment about ₹36,54,000 against a borrowed amount of ₹15,00,000. A longer tenure lowers the EMI but sharply increases total interest.

Which bank offers the lowest EMI for a ₹15 Lakh home loan?

Based on current 2026 minimum rates, Bank of India offers the lowest EMI at about ₹10,698/month (7.1% p.a.) for a ₹15 Lakh loan over 25 years. Always compare the processing fee and reset terms, not just the headline rate.

How much can I save by prepaying this loan?

Adding just ₹10,000/month towards the principal on a ₹15 Lakh loan can close it in about 7 years 9 months instead of 25 years, saving roughly ₹15,94,894 in interest. Use the NestSaver prepayment simulator to model your exact numbers.

Should I choose a shorter or longer tenure?

A shorter tenure means a higher EMI but far less total interest; a longer tenure eases monthly cash flow but costs much more overall. For a ₹15 Lakh loan, moving from 30 to 20 years raises the EMI by about ₹1,472/month but can save ₹10,43,520 in interest.

Negotiate with your bank & save!