Question: How Can I Get 5 Lakh Loan?

What is the EMI for 60 lakhs home loan?

60 Lakh at 9% (0.75% per month) rate of interest with tenure of 20 years (240 months).

Then, EMI = [60,00,000 x 0.75% x (1+0.75%)^240]/[(1+0.75%)^ (240-1)]..

Can I get 5 lakh loan?

5 lakh is available as low income personal loan to suit the financing requirements of individuals with lower incomes.

How can I make 5 lakhs immediately?

How to apply for SBI’s emergency loan?Download YONO SBI app and click on ‘Pre-approved Loan’.Select tenure and loan amount.An OTP will be sent to the registered mobile number. Submit it.The loan amount will be credited.

What will be the EMI for 5 lakhs home loan?

EMI Calculated on 8.00% Rate of Interest….EMI Calculation for 5 Lakh Home Loan amount for Various Tenure Options:Tenure OptionsEMI Per Month5 YearsRs. 10,13810 YearsRs. 6,06615 YearsRs. 4,77820 YearsRs. 4,1822 more rows

What is the EMI for 20 lakhs home loan?

Housing Loan Interest CalculatorEMI for various home loan amounts15 years20 years₹ 16 Lakh₹ 14,159₹ 12,166₹ 20 Lakh₹ 17,698₹ 15,207₹ 25 Lakh₹ 22,123₹ 19,009₹ 30 Lakh₹ 26,547₹ 22,8111 more row

What is the EMI for 40 lakhs loan?

What is the EMI for a 40 lakhs home loan? The EMI for a 40 lakh home loan will depend on the interest rate and the tenure period that you and your lender agree upon. For instance, if you get an interest rate of 8% and a tenure period of 20 years, your Equated Monthly Instalment(EMI) will be Rs. 33,458.

Which app gives loan immediately?

List of Best Instant Personal Loan Apps in India Dec 2020AppInterest RatesLoan AmountCashe1.50%₹ 10,000 to ₹ 2 LakhNIRA24%₹ 5,000 to ₹ 1 LakhPaysense1.40%₹ 5,000 to ₹ 5 LakhLoantap1.50%₹ 50,000 to ₹ 10 Lakh4 more rows

How much loan can I get on 35000 salary?

If you are taking a home loan for 35,000 salary, you can get a maximum loan amount of Rs. 20,16,481 at say an 8.5% interest rate for a tenure of 20 years. In this situation, the home loan EMI amount you would pay is not more than Rs. 17,500.

How can I get 3 lakh loan?

3 lakh Personal Loan:Provide your personal, financial, and employment data.Choose the loan amount and repayment tenor to avail quick approval.Provide the required documents to our representative, who will come at your doorstep.Receive your personal loan in your bank account within 24 hours.

How much loan I can get if my salary is 25000?

The take-home salary will determine the EMI amount you can afford and thus the total loan amount you can borrow. For instance, if your take-home salary is Rs. 25,000, you can avail as much as Rs. 18.64 lakh as a loan to purchase a home worth Rs.

How can I earn 1 lakh in a day?

If you want to get (earn) 1 lakh per day, It should be either by working or starting a business. 2. Start a business in e-commerce like flipkart or a new mobile app, Plan properly and gather some partners and investors. Once you succeed, after 3 or 5 years you will earn more than 1 lakh a day.

What is the EMI for 10 lakhs home loan?

Banks which are offering 10 Lakh home loan amount at 8.00% rate of interest….Emi Calculated on 8.00%.Monthly Payment (EMI)Total Interest Payable in 20 yearsTotal Payment (Principal + Interest) after 20 years for 10 Lakh of loan amountRs.8364.04Rs.1007465.17Rs.2007465.17

What will be the EMI for 15 lakhs home loan?

14 Lakh Home Loan EMI DetailsRepayment PeriodEMI Per Month5 YearsRs. 28,38710 YearsRs. 16,98615 YearsRs. 13,37920 YearsRs. 11,7102 more rows

What is the interest of 10 lakh in SBI?

Balances above Rs 1 lakh and up to Rs 10 lakh will fetch 6 per cent per annum. For savings account balances above Rs 10 lakh, interest rate of 6.75 per cent per annum will be applicable. Therefore, to earn the higher interest rate you will be required to maintain the balance in the savings account.

Can I get a loan of 1 lakh?

1 lakh personal loan from Bajaj Finserv. Enjoy instant approval and disbursal within only 24 hours, hassle-free application process and easy to meet eligibility criteria for instant financing. … 1 lakh amount. You can select a flexible repayment tenor ranging up to 60 months to repay the loan with ease.

How can I get 2 lakh loan in one day?

2 lakh cash loan from Bajaj Finserv.Instant approval. Meet the basic eligibility criteria to avail this short-term loan. … Loan disbursed within only 24 hours. … Simple documentation. … Up to 45% less EMIs. … Pre-approved offers. … Zero hidden charges. … Flexible repayment tenor. … Collateral free credit.More items…

How much loan I can get if my salary is 60000?

If you take a personal loan for a maximum of 5 years, then your loan amount will be ₹ 36,000*12*5 = ₹ 21,60,000. However, the multiplier is 20, then the loan amount will be ₹ 60,000*20 = ₹ 12,00,000. Therefore, the amount you will get on ₹ 60,000 salary is ₹ 12,00,000.

What is the EMI for 2 lakhs personal loan?

Calculated Monthly EMI for 2 lakh of loan amount for 3 years at various rate of Interest :Loan AmountRate of InterestPer Month EMI2 lakh15.00%Rs. 6,9332 lakh16.00%Rs. 7,0312 lakh18.00%Rs. 7,2302 lakh20.00%Rs. 7,4331 more row

What is the EMI for 4 lakhs home loan?

Calculated Monthly EMI for 400000 of loan amount for 3 years at various rate of Interest :Loan AmountRate of InterestPer Month EMI4 Lakh15.00%Rs.13866.134 Lakh16.00%Rs.14062.814 Lakh18.00%Rs.14460.964 Lakh20.00%Rs.14865.431 more row

Can I get 20 lakh loan?

Check the loan amount you are qualified for against your income and other factors with the help of a personal loan eligibility calculator….Eligibility Criteria for Rs. 20 Lakh Personal Loan.Eligibility CriteriaRequirementsAgeBetween 23 and 55 yearsNationalityResiding Indian citizenCIBIL score750 and above1 more row

How much loan can I get if my salary is 15000?

Salary of 15000, Am I eligible for Loan? Check here onlineProductSalaryMin. loan amountPersonal Loan1500040000Home Loan15000300000Car Loan15000100000Credit Card15000