Monthly EMI
₹0
Total Interest
₹0
Total Payment
₹0
| Month | Principal Paid (₹) | Interest Paid (₹) | Balance (₹) |
|---|
Before applying for a land or plot loan, you should use plot loan EMI calculator to find the exact amount of monthly EMI, total interest payable and repayment plan. This ensures that you make improved financial decisions and choose the right loan amount and tenure.
Plot loan EMIs are used to finance the purchase of land, whereas home loan EMIs are for properties that are under construction. Your lender may have different interest rates, eligibility requirements, and repayment schedules.
Interest rates on plots in India typically vary from 7.5% to 10.5% p.a. based on the bank, your credit history, and loan term. It is crucial to know the interest rate prior to utilizing a Plot Loan EMI Calculator since even a small variation in it can have an impact on your monthly EMI.
| Bank / Lender | Interest Rate (p.a.) | Processing Fee |
|---|---|---|
| HDFC Ltd. | 8.50% – 9.50% | Up to 0.50% |
| SBI | 8.40% – 9.30% | Up to 0.40% |
| ICICI Bank | 8.60% – 9.60% | Up to 0.50% |
| Axis Bank | 8.55% – 9.45% | Up to 1% |
*Rates are indicative and subject to change as per the respective banks. Always check the latest rate before applying.
See what our users say about plot loan EMI calculator
"This EMI calculator is super easy to use and very accurate. Helped me plan my home loan in minutes."
Delhi, India
"I loved how the results update in real-time. The amortization schedule download was a big plus!"
Mumbai, India
"Very clean layout and helpful charts. This tool made my loan planning very much easier."
Bangalore, India