50 Lakh Indian Bank Home Loan

Home Loan By Property
Home Loan By Profession
Home Loan By Other
Home Loan By Scheme
Home Loan By Amount

The Indian Bank’s 50 lakhs home loan is an appealing credit option. Applicants can ideally expect lower interest rates, personalised repayment plans, simple documentation, and faster loan approval. Since the application process has become completely online, borrowers can process the loan without visiting bank branches. For more detailed information, continue to read on. We primarily explain the estimated 50 lakhs home loan EMI with Indian Bank, available loan tenure, applicable eligibility criteria, associated fees, and more. Let’s dive in!

Get in Touch for Home Loan Expert Advice

Connect with our Home Loan Advisor Now!

Personalized Home Loan solutions
Expert guidance
Application assistance
Credit score discussion
Home Loan Interest rate comparison

Full Name

+91Mobile No.

Choose City

I agree to the Terms and Conditions of TUCIBIL and hereby provide explicit consent to share my Credit Information with Urban Money Private Limited.

Table of Content

1. 50 Lakh Home Loan Indian Bank Highlights

2. 50 Lakh Home Loan EMI for 5 Years Indian Bank

3. 50 Lakh Home Loan EMI for 10 Years Indian Bank

4. 50 Lakh Home Loan EMI for 15 Years Indian Bank

5. 50 Lakh Home Loan EMI for 20 Years Indian Bank

6. 50 Lakh Home Loan EMI for 25 Years Indian Bank

7. 50 Lakh Indian Bank Home Loan Fees and Charges

8. 50 Lakh Indian Bank Home Loan Documents Required

9. 50 Lakh Indian Bank Home Loan Eligibility Criteria

Written By

Hepson Franklin

Hepson Franklin is a seasoned financial expert and accomplished writer specialising in Financial Services, Investments, Loan Assessments, Mutual Funds, Banking & loan products. With a wealth of experience in the financial industry, he has established himself as a trusted voice, providing invaluable insights and guidance to both seasoned investors and those new to the world of finance. With a comprehensive understanding of the intricate facets of the financial landscape, he is dedicated to demystifying complex financial concepts for readers of all backgrounds.

Reviewed By

Amit Prakash Singh

Co-Founder, Square Yards & Chief Business Officer, Urban Money

Amit Prakash Singh is the Chief Business Officer at Urban Money. With over nine years of experience at Square Capital, he has played a crucial role in establishing it as one of India's premier loan advisory services. Amit's deep financial insights and extensive knowledge have driven significant business growth and strategic advancements. He has successfully built and managed large sales teams, optimised costs, and created leaders within the industry. Amit's financial expertise and strategic vision are key to the ongoing success and expansion of Square Yards and Urban Money.

50 Lakh Home Loan Indian Bank – Highlights

Following are the Indian Bank’s home loan interest rate for 50 lakhs and other key features:

Interest Rates	8.40% to 9.80% p.a.
Loan-To-Value (LTV) Ratio	80% of the property value
Loan Tenure	Up to 30 years
Eligibility	Salaried, self-employed, or pensioners

50 Lakh Home Loan EMI for 5 Years Indian Bank

Here is the interest rate for a 50 lakhs home loan EMI in Indian Bank with a tenure of 5 years:

Loan Amount	Interest Rate	Loan Tenure	EMI Amount	Total Interest Payable	Total amount Payment
₹50 Lakhs	8.40% p.a.	5 years	₹1,02,342	₹11,40,520	₹61,40,520

50 Lakh Home Loan EMI for 10 Years Indian Bank

Following are the 50 lakhs home loan EMI for 10 years from the Indian Bank:

Loan Amount	Interest Rate	Loan Tenure	EMI Amount	Total Interest Payable	Total amount Payment
₹50 Lakhs	8.40% p.a.	10 years	₹61,726	₹24,07,120	₹74,07,120

50 Lakh Home Loan EMI for 15 Years Indian Bank

Let’s examine the Indian Bank’s home loan EMI for 50 lakhs with a tenure of 15 years:

Loan Amount	Interest Rate	Loan Tenure	EMI Amount	Total Interest Payable	Total amount Payment
₹50 Lakhs	8.40% p.a.	15 years	₹48,944	₹38,09,920	₹88,09,920

50 Lakh Home Loan EMI for 20 Years Indian Bank

Here is the 50 lakhs home loan EMI for 20 years in the Indian Bank:

Loan Amount	Interest Rate	Loan Tenure	EMI Amount	Total Interest Payable	Total amount Payment
₹50 Lakhs	8.40% p.a.	20 years	₹43,075	₹53,38,000	₹1,03,38,000

50 Lakh Home Loan EMI for 25 Years Indian Bank

The 50 lakhs home loan EMI in the Indian Bank for a tenure of 25 years is given below:

Loan Amount	Interest Rate	Loan Tenure	EMI Amount	Total Interest Payable	Total amount Payment
₹50 Lakhs	8.40% p.a.	25 years	₹39,925	₹69,77,500	₹1,19,77,500

50 Lakh Indian Bank Home Loan – Fees and Charges

Here are the fees and charges in addition to the Indian Bank’s home loan interest rate of 50 lakhs:

Fee/Charge	Amount
Processing Fee	Nil
Prepayment Charges	Nil
Late Payment Panality	Applicable
Stamp Duty & Other Statutory Charges	At actual

50 Lakh Indian Bank Home Loan – Documents Required

Examine the necessary documents for the Indian Bank’s 50 lakhs home loan:

Proof of Identity	Passport, Aadhaar card, PAN card, Voter ID, etc.
Proof of Address	Utility Bills, Property Tax Receipt, Passport, Voter’s ID, etc.
Proof of Salary	Last 3-month Salary Slips, 6-month Bank Statement, 1-year ITR, Form 16, etc.
Proof of Business	Past 3-year ITR, Balance Sheet, and other financial statements to prove your business existence.
Additional Documents	Processing fee cheque, latest passport size coloured photos, and duly filled application form.

50 Lakh Indian Bank Home Loan – Eligibility Criteria

Following are the 50 lakhs home loan eligibility criteria in Indian Bank:

Age Limit	Minimum of 18 years old
Employment Status	Salaried, self-employed, or pensioners
Work Experience	2 years for salaried; 3 years for self-employed
Credit Score	Preferably 700 or higher
Nationality	Indian, including NRIs

Frequently Asked Questions (FAQs)

What is the EMI for a 50 lakhs home loan for 20 years in Indian Bank?

The expected EMI for a ₹50 lakhs home loan over 20 years at Indian Bank, with an annual interest rate of 8.40%, is ₹43,075.

Who is eligible for a 50 lakhs home loan in Indian Bank?

To be eligible for a ₹50 lakh home loan from Indian Bank, you must be either a salaried professional, self-employed, or a pensioner.

What is the monthly interest rate of a 50 lakhs home loan in Indian Bank?

The monthly interest rate for a 50 lakhs home loan in Indian Bank starts at 0.7%.

Quick Links

Loan Offers By Indian Bank's

Indian Bank Personal Loan

Home Loan by Nationalized Bank

Home Loan Calculators

Indian Bank Calculators