₹50 Lakh Home Loan EMI for 30 Years
The EMI for a ₹50 Lakh home loan over 30 years is about ₹38,801/month at 8.6% p.a. Over the full tenure you repay ₹1.40 Cr — of which ₹89.68 L is interest. Updated for 2026.
₹50 Lakh EMI at different interest rates (30 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 Rate | Monthly EMI | Total Interest |
|---|---|---|
| 8% p.a. | ₹36,688 | ₹82.08 L |
| 8.25% p.a. | ₹37,563 | ₹85.23 L |
| 8.5% p.a. | ₹38,446 | ₹88.41 L |
| 8.75% p.a. | ₹39,335 | ₹91.61 L |
| 9% p.a. | ₹40,231 | ₹94.83 L |
| 9.25% p.a. | ₹41,134 | ₹98.08 L |
| 9.5% p.a. | ₹42,043 | ₹1.01 Cr |
| 10% p.a. | ₹43,879 | ₹1.08 Cr |
₹50 Lakh home loan EMI by bank (30 years)
EMI for a ₹50 Lakh loan over 30 years at each lender's minimum 2026 rate. Sorted lowest first.
| Bank | Min Rate | Monthly EMI | Processing Fee |
|---|---|---|---|
| BoI | 7.1% | ₹33,602 | Varies |
| Central Bank | 7.1% | ₹33,602 | Varies |
| IOB | 7.1% | ₹33,602 | Varies |
| P&S Bank | 7.1% | ₹33,602 | Varies |
| Canara | 7.15% | ₹33,770 | 0.50% (varies) |
| UCO | 7.15% | ₹33,770 | Varies |
| BoB | 7.2% | ₹33,939 | Up to 0.50% (varies) |
| Bajaj Housing | 7.25% | ₹34,109 | Up to 0.50% + GST |
| Union Bank | 7.35% | ₹34,449 | Varies |
| BoM | 7.35% | ₹34,449 | Varies |
Cut this loan short: the prepayment effect
On a ₹50 Lakh loan at 8.6% over 30 years, the first few years are almost entirely interest. Adding just ₹10,000/month toward the principal closes the loan in roughly 15 years 6 months and saves about ₹49.12 L in interest.
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₹50 Lakh EMI at other tenures
Other loan amounts for 30 years
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Frequently Asked Questions
What is the EMI for a ₹50 Lakh home loan for 30 years?
The EMI for a ₹50 Lakh home loan over 30 years is approximately ₹38,801 per month at an interest rate of 8.6% p.a. The exact EMI depends on your bank's rate — at 8% it is ₹36,688 and at 9.5% it is ₹42,043 per month.
How much total interest will I pay on a ₹50 Lakh loan over 30 years?
At 8.6% p.a. you would pay roughly ₹89,68,360 in total interest over 30 years — making the total repayment about ₹1,39,68,360 against a borrowed amount of ₹50,00,000. A longer tenure lowers the EMI but sharply increases total interest.
Which bank offers the lowest EMI for a ₹50 Lakh home loan?
Based on current 2026 minimum rates, Bank of India offers the lowest EMI at about ₹33,602/month (7.1% p.a.) for a ₹50 Lakh loan over 30 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 ₹50 Lakh loan can close it in about 15 years 6 months instead of 30 years, saving roughly ₹49,11,522 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 ₹50 Lakh loan, moving from 30 to 20 years raises the EMI by about ₹4,907/month but can save ₹34,78,440 in interest.