What is the EMI for 1 Crore Home Loan?

The 1 crore home loan EMI is based on factors like the interest rate and loan tenure. Generally, the bank offers interest rates starting from 7.90% p.a. For a Rs 1 crore loan, assuming an attractive interest rate of 7.90% p.a. and a repayment tenure of 20 years, your monthly EMI would amount to approximately Rs 83,023.

What will be the EMI for 1 Crore Home Loan?

Suppose you took 1 crore housing loan at an 8.40% p.a. interest rate for a 20‑year term, the EMI will be Rs 86,150. 

• Although the total amount of interest paid will increase with a longer loan term, the EMI will be reduced.

• A higher EMI will be the result of a higher interest rate.

• The EMI will increase as the loan amount increases.

It’s important to highlight that recent macroeconomic developments are affecting these EMIs: following the RBI’s repo rate cut in June 2025, bringing it down by 50 basis points to 5.50 % EMIs on Rs 1 crore home loans are estimated to decrease by Rs 3,100 to Rs 3,500 per month for a 20‑year tenure.

Remember, EMIs are calculated using the standard formula: EMI = [P × r × (1 + r)^n] / [(1 + r)^n – 1], where r is the monthly rate derived from the annual rate divided by 12.

I would suggest you use an online EMI calculator to find out what is the EMI for 1 crore home loan.

The EMI for 1 Crore home loan mainly depends on your repayment tenure. The higher the period, the lesser will be the EMI amount. I took a home loan back in 2020, and my EMI came to be Rs. 35,000. I used a home loan EMI calculator from Axis Bank, but as mentioned in the previous answers, you can also use the NoBroker EMI calculator instead of calculating manually. Let me share some EMIs that I know, depending on the tenure.

How Much is the EMI for 1Cr Home Loan?

As I said, there are factors that contribute to the exact home loan EMI, so it’s best to use an online home loan calculator for accurate results. However, when I took the loan from Axis Bank, I had checked their interest rates and EMIs as per the tenure. Sharing the same below.

These are some estimated home loan 1 crore EMI, along with principal amount and interest amount, which can vary according to your interest rates. 

I hope this gives you some insights on what is the EMI for 1 crore loan.

Enjoy Home Loans at Suitable EMIs and Swift Documentation from NoBroker!

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What are the Property Documents Required for Home Loans?

Would you like to apply for a home loan of Rs. 1 Cr? Before moving forward, though, you should be aware of your EMI for home loan of 1 Crore. If you figure out your home loan interest rate ahead of time, you might be able to better organise and manage your finances. The NoBroker EMI calculator can help you quickly determine your repayment obligations.

How Much EMI For 1 Crore Home Loan?

There are 2 ways to determine the 1Cr home loan EMI;

• Via NoBroker

  EMI Calculator

• Via the EMI calculation formula

The EMI calculation formula is; 

Where:

• EMI = Equated Monthly Installment

• P = Loan amount (principal)

• R = Monthly interest rate  (calculated by dividing the annual interest rate by 12 and then by 100).

• N = Loan tenure in months

Assume that the loan has a 20-year (240-month) duration and an annual interest rate of 8.40 percent. 

• P equals one crore, or Rs. 1,00,00,000

• The monthly interest rate is r = (8 / 12) / 100 = 0.007

• The loan tenure in months is n = 240.

• EMI = [1,00,00,000 * 0.007 * (1 + 0.007)^240] / [(1 + 0.007)^240 – 1]

• EMI = Rs. 86,150/-

Therefore, the monthly installment payment (EMI) for a 1 crore home loan with a 20-year (240-month) loan term and an annual interest rate of 8.40% is Rs. 86,150.

To avoid this hassle of calculating manually, you can use the NoBroker EMI calculator. You will just have to add your loan amount, rate of Interest (PA), and the loan tenure to calculate the monthly EMI.

I hope this helps!

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Borrowers with credit scores of 750 and above should have no trouble getting Rs 1 crore house loan. The majority of banks and housing finance companies (HFCs) provide salaried and self-employed clients home loans with 30-year repayment terms up to Rs. 1 crore. The variable interest rates on these loans depend on the credit histories, loan amounts, loan-to-value (LTV) ratios, employment histories, and other information of the borrowers. Using NoBroker online EMI calculator for house loans, you can quickly determine what is the EMI for 1 crore home loan.

• 30 years

• 25 years

• 20 years

• 15 years

• 7 years

• 5 years

Following are the details of EMI for 1 Crore home loan for 30 years, 20 years, 15 years, 10 years, and 5 years tenure at an interest rate of 7.50% p.a

• Monthly EMI for a duration of 5 Years - Rs. 2,00,379

• Monthly EMI for a duration of 10 Years - Rs. 1,18,702

• Monthly EMI for a duration of 15 Years - Rs.  92,701

• Monthly EMI for a duration of 20 Years - Rs. 80,559

• Monthly EMI for a duration of 30 Years- Rs. 69,921

You will need to provide the following documentation to apply for a house loan worth Rs. 1 crore;

• Completed and signed home loan application.

• The applicant's most recent passport-size photos.

• Aadhaar cards, passports, driving licences, voter IDs.

• Age verification documents include birth certificates, 10th-grade certificates, etc.

• Bank statements for the previous six months.

• Processing fees cheque

• Form 16 or Return of Income Tax.

• For self-employed candidates, a CA-certified Balance Sheet and Profit & Loss Statement for the last three years.

I’d like to conclude my answer here about what is the EMI for 1 crore home loan. I hope this helps:)

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