Rs. 50 Lakh Home Loan EMI and Interest Rate for 5, 10, 20 & 30 Years

Home loan up to Rs. 50 lakh details

Planning to buy a home and want Rs. 50 lakh as a home loan? Know EMI calculations for different tenures. For example, with the competitive interest rate of 8.25% offered by Bajaj Finserv at a maximum tenure of 32 years, you can pay as low an EMI of Rs. 36,352. You might already be eligible – check your loan offer today by sharing your mobile number and OTP.

This tailored housing loan from Bajaj Finserv, is ideal for borrowers looking to purchase a home. It comes with a competitive interest rate and has lengthy repayment terms that go up to 32 years. This helps you keep your EMIs affordable while ensuring the cost of borrowing isn’t high.

Our home loan has many benefits, one of which is that it offers the property dossier, which can be immensely helpful to both first-time home buyers and those with prior experience.

What’s more, it comes with the home loan EMI calculator. This tool is easy to use, offers quick results, and is always accurate. It helps you plan the loan in a more efficient manner. Use it to make crucial financial decisions based on accurate calculations.

Home loan EMIs for loans of Rs. 50 lakh

Here are a few tables to offer insight into the EMIs payable for different conditions. You can also use our home loan calculator to calculate EMIs for different loan amounts with different tenors.

Condition 1: When the tenor varies for a loan amount of Rs. 50 lakhs availed at an interest rate of 8.45%* p.a.

Loan Amount	Interest Rate	Tenure	EMI	Total Interest	Total Amount Payable
Rs. 50 lakh	8.45%* p.a.	10 years	Rs. 61,859	Rs. 24,23,106	Rs. 74,23,106
Rs. 50 lakh	8.45%* p.a.	15 years	Rs. 49,091	Rs. 38,36,298	Rs. 88,36,298
Rs. 50 lakh	8.45%* p.a.	20 years	Rs. 43,233	Rs. 53,75935	Rs. 1,03,75,935
Rs. 50 lakh	8.45%* p.a.	25 years	Rs. 40,093	Rs. 70,27,906	Rs. 1,20,27,906
Rs. 50 lakh	8.45%* p.a.	30 years	Rs. 38,269	Rs. 87,76,710	Rs. 1,37,76,710

Rs. 50 lakh home loan EMI for 30 years

The table below illustrates the results you get when using our home loan EMI calculator for a Rs. 50 lakh home loan with an interest rate of 8.45%* p.a. for a tenure of 30 years:

Loan amount	Rs. 50 lakh
Interest rate	8.45%*
Loan tenure	30 years
Rs. 50 lakh home loan EMI for 30 years	Rs. 38,269
Total interest payable	Rs. 87,76,710
Total payable amount	Rs. 1,37,76,710

*T&C apply

Rs. 50 lakh home loan EMI for 25 years

The table below illustrates the results you get when using our home loan EMI calculator for a Rs. 50 lakh home loan with an interest rate of 8.45%* p.a. for a tenure of 25 years:

Loan amount	Rs. 50 lakh
Interest rate	8.45%*
Loan tenure	25 years
Rs. 50 lakh home loan EMI for 25 years	Rs. 40,093
Total interest payable	Rs. 70,27,906
Total payable amount	Rs. 1,20,27,906

*T&C apply

Rs. 50 lakh home loan EMI for 20 years

The table below illustrates the results you get when using our home loan EMI calculator for a Rs. 50 lakh home loan with an interest rate of 8.45%* p.a. for a tenure of 20 years:

Loan amount	Rs. 50 lakh
Interest rate	8.45%*
Loan tenure	20 years
Rs. 50 lakh home loan EMI for 20 years	Rs. 43,233
Total interest payable	Rs. 53,75935
Total payable amount	Rs. 1,03,75,935

*T&C apply

Rs. 50 lakh home loan EMI for 15 years

The table below illustrates the results you get when using our home loan EMI calculator for a Rs. 50 lakh home loan with an interest rate of 8.45%* p.a. for a tenure of 15 years:

Loan amount	Rs. 50 lakh
Interest rate	8.45%*
Loan tenure	15 years
Rs. 50 lakh home loan EMI for 15 years	Rs. 49,091
Total interest payable	Rs. 38,36,298
Total payable amount	Rs. 88,36,298

*T&C apply

Rs. 50 lakh home loan EMI for 10 years

The table below illustrates the results you get when using our home loan EMI calculator for a Rs. 50 lakh home loan with an interest rate of 8.45%* p.a. for a tenure of 10 years:

Loan amount	Rs. 50 lakh
Interest rate	8.45%*
Loan tenure	10 years
Rs. 50 lakh home loan EMI for 10 years	Rs. 61,859
Total interest payable	Rs. 24,23,106
Total payable amount	Rs. 74,23,106

*T&C apply

Rs. 50 lakh home loan EMI for 5 years

The table below illustrates the results you get when using our home loan EMI calculator for a Rs. 50 lakh home loan with an interest rate of 8.45%* p.a. for a tenure of 5 years:

Loan amount	Rs. 50 lakh
Interest rate	8.45%*
Loan tenure	5 years
Rs. 50 lakh home loan EMI for 5 years	Rs. 1,02,462
Total interest payable	Rs. 11,47,732
Total payable amount	Rs. 61,47,732

*T&C apply

Check your loan offers today. You might be eligible for competitive interest rates as low as 8:25%* p.a. – find out by entering your mobile number and verifying it with an OTP.

Home loan EMI based on amount
20 Lakh Home Loan EMI	75 Lakh Home Loan EMI	70 Lakh Home Loan EMI
40 Lakh Home Loan EMI	45 Lakh Home Loan EMI	10 Lakh Home Loan EMI
35 Lakh Home Loan EMI	30 Lakh Home Loan EMI	25 Lakh Home Loan EMI
15 Lakh Home Loan EMI	12 Lakh Home Loan EMI	1 Crore Home Loan EMI

Applying for a home loan from Bajaj Finserv is an effortless online process. Check your eligibility today by entering your mobile phone number and verifying it with an OTP.

1 Click on the 'APPLY' button on this page.
2 Enter your full name, mobile number, and employment type.
3 Now select the type of loan you wish to apply for.
4 Generate and submit your OTP to verify your phone number.
5 Upon OTP verification, enter additional details like your monthly income, required loan amount, and if you have identified the property.
6 In the next steps, enter your date of birth, PAN number and other details as requested depending on your selected occupation type.
7 Click on the ‘SUBMIT’ button.

That is it! Your application is submitted. Our representative will connect with you and guide you through the next steps.

Documents required to apply for a Rs. 50 lakh home loan

Here are the documents required for home loan application with Bajaj Finserv.

KYC documents (identity and address proof)
Proof of income (salary slips or P&L statement)
Proof of business (for self-employed applicants), and
Account statements for the last 6 months

Note: This is an indicative list that may change based on your actual loan application.

The eligibility criteria for home loan are crucial to the application process. To ensure you get fast approval, meet these requirements.

Nationality

Indian
Age

23 years to 67 years for salaried individuals, and 23 years to 70 years for self-employed applicants
Employment status

At least 3 years of experience for salaried borrowers, and at least 5 years of business continuity for self-employed individuals
CIBIL score
Check your CIBIL Score for FREE

725 or higher

Frequently Asked Questions

Eligibility for a Rs. 50 lakh home loan typically depends on factors like income, credit score, employment stability, and existing debts. Generally, salaried individuals earning above Rs. 30,000 per month and self-employed individuals with a steady income may qualify, ensuring they can manage the EMI comfortably.

Getting a Rs. 50 lakh home loan with a Rs. 20,000 salary is challenging. Lenders typically require a higher income to sanction such a loan. Your eligibility depends on factors like your credit score, existing financial obligations, and the loan tenure. Consider using a home loan eligibility calculator to assess your chances.

The maximum salary required for a Rs. 50 lakh home loan depends on various factors like interest rates, loan tenure, and existing liabilities. Generally, lenders may require a monthly salary of at least Rs. 80,000 to Rs. 1,00,000 for eligibility. A higher salary increases loan approval chances and EMI affordability.

The EMI for a Rs. 50 lakh home loan for 20 years at an interest rate of 8.25% p.a. is approximately Rs. 42,603 per month, totaling Rs. 1,02,24,788 including interest.

The maximum repayment tenure for a Rs. 50 lakh home loan with Bajaj Housing Finance can go up to 32 years, depending on eligibility and loan terms.

Yes, you can get a home loan of Rs. 50 lakh from Bajaj Housing Finance, subject to eligibility criteria like income, credit score, and repayment capacity. You might already be eligible – check your loan offers by entering your mobile number and OTP.

The EMI for a Rs. 50 lakh home loan varies with tenure and interest rate; at 8.25% p.a. for 20 years, it is about Rs. 42,603 monthly.

An ideal loan tenure for a Rs. 50 lakh home loan to have a manageable EMI is typically between 15 to 20 years, balancing interest cost and monthly affordability. You can get personalised suggestions from a Bajaj Finserv representative to make an informed decision that works for you. Check your eligibility today by sharing your mobile number and OTP.

It is possible to get a Rs. 50 lakh home loan with a low credit score, but approval chances and interest rates may be less favorable; improving credit score is advisable.