50 Lakh IndusInd Bank Home Loan

50 lakh home loan EMI from IndusInd Bank can vary based on your chosen loan tenure. While a longer tenure helps you lower the EMI amount, a shorter tenure results in higher EMI. It is also important to note that a longer tenure increases the total repayment amount due to the accumulated interest over the extended period. Hence, balancing your monthly repayment capacity and the total interest outflow is essential when you select the loan tenure. This comprehensive guide will provide detailed insights into the IndusInd Bank housing loan EMI for ₹50 lakh. Furthermore, we cover information such as the IndusInd Bank home loan interest rate of 50 lakh, applicable eligibility, required documents, and associated fees. Let’s get started!

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Table of Content

1. 50 Lakh Home Loan IndusInd Bank Highlights

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

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

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

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

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

7. 50 Lakh IndusInd Bank Home Loan Fees and Charges

8. 50 Lakh IndusInd Bank Home Loan Documents Required

9. 50 Lakh IndusInd 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 IndusInd Bank – Highlights

The following are the key parameters of the IndusInd Bank 50 lakh home loan:

Interest Rates	Starts at 8.35% p.a.
Loan Amount	Up to 80% of the property value
Loan Tenure	30 years
Eligibility	Both salaried and self-employed individuals

50 Lakh Home Loan EMI for 5 Years IndusInd Bank

The following is the applicable 50 lakh home loan EMI in IndusInd Bank with a tenure of 5 years:

Loan Amount	Interest Rate	Loan Tenure	EMI Amount	Total Interest Payable	Total Amount Payment
₹50 Lakh	8.35% p.a.	5 years	₹1,02,222	₹11,33,320	₹61,33,320

50 Lakh Home Loan EMI for 10 Years IndusInd Bank

The following is the applicable 50 lakh home loan EMI for 10 years from the IndusInd Bank:

Loan Amount	Interest Rate	Loan Tenure	EMI Amount	Total Interest Payable	Total Amount Payment
₹50 Lakh	8.35% p.a.	10 years	₹61,592	₹23,91,040	₹73,91,040

50 Lakh Home Loan EMI for 15 Years IndusInd Bank

The following is the applicable IndusInd Bank home loan of 50 lakh EMI with a tenure of 15 years:

Loan Amount	Interest Rate	Loan Tenure	EMI Amount	Total Interest Payable	Total Amount Payment
₹50 Lakh	8.35% p.a.	15 years	₹48,798	₹37,83,640	₹87,83,640

50 Lakh Home Loan EMI for 20 Years IndusInd Bank

The following is the applicable 50 lakh home loan EMI for 20 years from the IndusInd Bank:

Loan Amount	Interest Rate	Loan Tenure	EMI Amount	Total Interest Payable	Total Amount Payment
₹50 Lakh	8.35% p.a.	20 years	₹42,918	₹53,00,320	₹1,03,00,320

50 Lakh Home Loan EMI for 25 Years IndusInd Bank

The following is the applicable 50 lakh home loan EMI in IndusInd Bank with a tenure of 25 years:

Loan Amount	Interest Rate	Loan Tenure	EMI Amount	Total Interest Payable	Total Amount Payment
₹50 Lakh	8.35% p.a.	25 years	₹39,757	₹69,27,100	₹1,19,27,100

50 Lakh IndusInd Bank Home Loan – Fees and Charges

Following are the fees and charges you should know besides the IndusInd Bank home loan interest rate of 50 lakhs:

Fee/Charge	Amount
Processing fees	Up to 5% of the loan amount
Prepayment charges	2% to 5% of the outstanding principal amount
Penal interest charges	24% per annum on the overdue amount
Legal & other statutory charges	As per actual

50 Lakh IndusInd Bank Home Loan – Documents Required

The following are the applicable documents for an IndusInd Bank 50 lakh home loan:

Identity Proof: Aadhar card, PAN card, passport, driving license, or voter ID.
Income Proof: Form 16, income tax return, appointment letter, and salary slip.
Business Proof: Last 2-year business and individual income tax returns (ITR) and CA-audited financial statements(if self-employed individuals).
Additional Documents: A completed application form, a cheque for the processing fee, passport-sized photographs, and bank account statements for the last six months.

50 Lakh IndusInd Bank Home Loan – Eligibility Criteria

The following are the 50 lakh home loan eligibility in IndusInd Bank:

Age: Applicants should be between 24 and 70 years old.
Income: A stable income source sufficient to cover loan EMIs is necessary.
Work Experience: A minimum of 3 years of continuous employment or business operation is required.
Credit Score: A good repayment history and a strong credit score are crucial, preferably 700 or above.
Nationality: Applicants must be Indian citizens.

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Frequently Asked Questions (FAQs)

What is the EMI for a 50 lakh home loan for 20 years at IndusInd Bank?

The EMI for a 50 lakh home loan for 20 years from IndusInd Bank is ₹42,918, based on a base interest rate of 8.35% per annum.

Who is eligible for a 50 lakh Home loan in IndusInd Bank?

To be eligible for a 50 lakh home loan from IndusInd Bank, you must be either a salaried or self-employed individual with 3 years of work/business experience.

What is the monthly interest rate of a 50 lakh home loan in IndusInd Bank?

The monthly interest rate for a ₹50 lakh home loan from IndusInd Bank is 0.70%.