What is the EMI on a ₹75 Lakh loan against property for 15 years?

At the lowest listed starting rate of 8.5% (Bajaj) in this snapshot, the EMI is ₹73,855. Your actual EMI depends on your CIBIL score, income, profile and chosen lender.

How much total interest will I pay?

At 8.5%, total interest is ₹57,93,900. At the highest listed starting rate (9.5%), it is ₹65,97,060.

Can I reduce the EMI further?

Three levers can change the result: (1) Increase tenure by 5 years — this can lower EMI but raise total interest; (2) Compare each lender's current quote, not just the listed starting rate; (3) Add a co-applicant only if the lender's eligibility rules and your repayment plan support it.

What if I pre-pay part of the loan?

Under RBI rules, floating-rate loans to individual borrowers carry no pre-payment penalty. A ₹5–10 lakh pre-payment in year 3–5 can cut several years off the tenure. Fixed-rate loans and some business loans may carry a pre-payment charge — check the Key Fact Statement.

₹75 Lakh Loan Against Property EMI for 15 Years

Reviewed by Jay Patel· Last reviewed: 25 Apr 2026

EMI, total interest paid, and how each lender's listed starting rate changes the cost of a 15-year loan.

Money Matrix Hub insight

On a ₹75 Lakh loan against property for 15 years, the lowest listed starting rate in this dataset (Bajaj at 8.5%) produces ₹57,93,900 in total interest, while the highest listed starting rate (Bandhan at 9.5%) produces ₹65,97,060 — a difference of ₹8,03,160 between listed lenders.

Source:Lender websites, rates as of September 2026
Source:Standard reducing-balance EMI formula

Loan amount

₹75 Lakh

Tenure

15 years

EMI at lowest listed rate (8.5%)

₹73,855

Bank-wise EMI (published floor rates)

Bank	Rate	EMI	Total interest	Total payable
Bajaj	8.5%	₹73,855	₹57,93,900	₹1,32,93,900
SBI	8.75%	₹74,959	₹59,92,620	₹1,34,92,620
ICICI	8.75%	₹74,959	₹59,92,620	₹1,34,92,620
BoB	8.85%	₹75,402	₹60,72,360	₹1,35,72,360
PNB	8.9%	₹75,624	₹61,12,320	₹1,36,12,320
Union	8.9%	₹75,624	₹61,12,320	₹1,36,12,320
Canara	8.95%	₹75,847	₹61,52,460	₹1,36,52,460
HDFC	9%	₹76,070	₹61,92,600	₹1,36,92,600
LIC	9%	₹76,070	₹61,92,600	₹1,36,92,600
Federal	9%	₹76,070	₹61,92,600	₹1,36,92,600
Tata	9%	₹76,070	₹61,92,600	₹1,36,92,600
Axis	9.25%	₹77,189	₹63,94,020	₹1,38,94,020
IDFC	9.25%	₹77,189	₹63,94,020	₹1,38,94,020
Kotak	9.5%	₹78,317	₹65,97,060	₹1,40,97,060
Bandhan	9.5%	₹78,317	₹65,97,060	₹1,40,97,060

Rates reflect bank-published starting floors; actual rate depends on borrower profile, LTV, and property APF status.

How the lender you choose changes the math

On this exact loan (₹75 Lakh, 15 years), the gap between the lowest listed starting rate (Bajaj at 8.5%) and the highest (Bandhan at 9.5%) is ₹8,03,160 in total interest paid.

FAQ

What is the EMI on a ₹75 Lakh loan against property for 15 years?: At the lowest listed starting rate of 8.5% (Bajaj) in this snapshot, the EMI is ₹73,855. Your actual EMI depends on your CIBIL score, income, profile and chosen lender.
How much total interest will I pay?: At 8.5%, total interest is ₹57,93,900. At the highest listed starting rate (9.5%), it is ₹65,97,060.
Can I reduce the EMI further?: Three levers can change the result: (1) Increase tenure by 5 years — this can lower EMI but raise total interest; (2) Compare each lender's current quote, not just the listed starting rate; (3) Add a co-applicant only if the lender's eligibility rules and your repayment plan support it.
What if I pre-pay part of the loan?: Under RBI rules, floating-rate loans to individual borrowers carry no pre-payment penalty. A ₹5–10 lakh pre-payment in year 3–5 can cut several years off the tenure. Fixed-rate loans and some business loans may carry a pre-payment charge — check the Key Fact Statement.

Jay Patel

Co-Founder & Chief Loan Advisor

Check current lender terms for your loan

WhatsApp Jay with your CIBIL band, income, and property location to discuss current lender terms and the assumptions behind this comparison.

EMI calculations assume a flat rate for the full tenure. In practice, floating rates change with the RBI repo. Listed rates are a dated comparison snapshot; actual lender pricing, eligibility, fees, and terms must be confirmed before applying.