Bandhan Bank Home Loan EMI Calculator
Monthly EMI
₹ 0
Detailed Yearly Loan Repayment Schedule
See how your loan gets paid off year by year including how much goes toward interest, principal, and your remaining balance.
| Year | Principal Paid | Interest Paid | Total Payment | Remaining Balance |
|---|
About Bandhan Bank Home Loans
Bank is renowned for its innovative approach to housing finance, combining flexible repayment plans, attractive interest rates, and efficient customer service. Whether you're a salaried professional, a self-employed entrepreneur, or a senior citizen, Bank has tailored loan products to suit every borrower profile. Their commitment to transparency and trust makes them a top choice in India's competitive home loan market. For over a decade, Bank has remained committed to simplifying home loan access across urban and rural areas. Their offerings include fixed and floating interest rate loans, long-term tenures of up to 30 years, and easy repayment options. In addition, customers enjoy doorstep service and digital tracking for enhanced convenience. Their EMI calculator ensures you're financially prepared for the commitment. For over a decade, Bank has remained committed to simplifying home loan access across urban and rural areas. Their offerings include fixed and floating interest rate loans, long-term tenures of up to 30 years, and easy repayment options. In addition, customers enjoy doorstep service and digital tracking for enhanced convenience. Their EMI calculator ensures you're financially prepared for the commitment.
EMI Calculation Formula
The EMI (Equated Monthly Installment) is computed using this formula:
EMI = [P × R × (1 + R)^N] / [(1 + R)^N – 1]- P = Principal amount borrowed
- R = Rate of interest per month
- N = Total number of monthly installments
Example Calculation
Suppose you take a home loan of ₹5,300,000 from Bank for a tenure of 20 years at an annual interest rate of 8.22%.
- Estimated Monthly EMI: ₹45,059.73
- Total Repayment: ₹10,814,335.20
- Total Interest Payable: ₹5,514,335.20
Benefits of Using the EMI Calculator
- Visualize your monthly and overall repayment schedule instantly
- Try different combinations of amount, tenure, and interest rate
- Make informed financial planning decisions
- Easy to use and accessible from any device
Frequently Asked Questions
How can I apply for a Bank home loan online?
Bank provides a detailed explanation and policy for this. Please refer to the official website or speak to a loan officer for personalized advice.
What are the eligibility criteria for a home loan from Bank?
Bank provides a detailed explanation and policy for this. Please refer to the official website or speak to a loan officer for personalized advice.
Can I foreclose my home loan early with Bank without charges?
Bank provides a detailed explanation and policy for this. Please refer to the official website or speak to a loan officer for personalized advice.
Can I transfer my existing home loan to Bank?
Bank provides a detailed explanation and policy for this. Please refer to the official website or speak to a loan officer for personalized advice.
Does Bank allow part-prepayment of home loans?
Bank provides a detailed explanation and policy for this. Please refer to the official website or speak to a loan officer for personalized advice.
Plan Smart with Bank
Take advantage of the Bank EMI Calculator to assess your home loan options. Understand your repayment obligations, adjust your budget, and move closer to your dream home without surprises.