A Rs. 30 Lakhs home can help you purchase or construct a house of your own. You can easily calculate the Rs. 35 Lakh Home Loan EMI using our Home Loan EMI Calculator available online and know your eligibility before applying for the loan.
A home loan of Rs. 35 Lakhs is a long-term commitment and that’s why it is extremely important to understand all the pros and cons of taking such a huge loan amount before applying for the loan. The EMI for an Rs. 35 Lakhs home loan may differ from bank to bank and borrower to borrower depending on the interest rate applicable on the loan and tenure of repayment.
Following are the details of 35 Lakh home loan EMI for 10 years, 20 years and 30 years tenure at a 7.90% p.a. interest rate:
| EMI (in years) | Amount |
| EMI for a tenure of 10 years | Rs. 42280 |
| EMI for a tenure of 20 years | Rs. 29058 |
| EMI for a tenure of 30 years | Rs. 25438 |
Additional Info: Also Check Home Loan for Salaried Person
Many banks and other financial institutions offer Rs. 35 Lakh Home Loan in India at different interest rates. The table for different Home Loan Interest Rates of the Top 10 banks and NBFCs for a Home Loan of Rs. 35 Lakhs is given below:
| Citibank | Starting @7.40% |
| Bajaj Finserv | Starting @7.70% |
| Bank of Maharashtra | 7.80% – 9.20% p.a. |
| PNB Housing Finance Ltd. | 7.90% – 9.35% p.a. |
| Kotak Mahindra Bank | 7.99% – 8.50% p.a. |
| State Bank of India | 8.05% – 9.05% p.a. |
| HDFC Bank | 8.10% – 9.00% p.a. |
| ICICI Bank | 8.10% – 8.95% p.a. |
| Tata Capital | Starting @8.10% |
Additional Info: Best Home Loan Interest Rates @7.90%
There are many banks, NBFCs (non-banking financial companies), HFCs (housing finance companies) and other financial institutions that provide home loans of Rs. 35 Lakhs in India. Some of the best banks offer a housing loan of Rs. 35 Lakhs and more are ICICI Bank, HDFC Bank, State Bank of India, Kotak Mahindra Bank, Bank of Maharashtra, Federal Bank, Punjab National Bank, Bank of Baroda, Axis Bank, and so on.
The approved home loan limit can be used for a variety of housing-related purposes like purchasing a flat/independent house, a piece of loan, or an under-construction property. The interest rate for Rs. 35 Lakhs home loan start from 7.90% p.a. at present. The rate of interest differs for different borrowers based on the lender’s policies, borrower’s income, credit score, gender, type of occupation, and other factors.
Additional Info: Looking for 1 Crore Home Loan? Check EMI & Apply
The Rs. 35 Lakh home loan EMI for 10 years tenure at a 7.90% p.a. interest rate would come to Rs. 40,548. The EMI on an Rs. 35 Lakhs Home Loan for a tenure of 10 years varies from lender to lender based on the interest rate offered and the borrower’s eligibility.
Following is the table for different EMIs on Rs. 35 Lakhs loan at the different interest rates for 10 years tenure:
| Rate of Interest (p.a.) | Tenure | EMI for Rs. 35 Lakhs Loan |
|---|---|---|
| 7.40% | 10 years | Rs. 41363 |
| 7.80% | 10 years | Rs. 42096 |
| 7.90% | 10 years | Rs. 42280 |
| 7.95% | 10 years | Rs. 36319 |
| 7.99% | 10 years | Rs. 36382 |
| 8.05% | 10 years | Rs. 36478 |
Additional Info: Also check SBI Home Loan EMI Calculator
The EMI for 35 Lakhs home loan for 20 years tenure at an 7.90% p.a. rate of interest will be Rs. 29058. The EMI varies from lender to lender based on the rate of interest offered and the borrower’s profile.
Below is the table for different EMIs on Rs. 35 Lakhs loan at the different interest rates for 20 years tenure:
| Rate of Interest (p.a.) | Tenure | EMI for Rs. 35 Lakhs Loan |
|---|---|---|
| 7.40% | 20 years | Rs. 27982 |
| 7.80% | 20 years | Rs. 28841 |
| 7.90% | 20 years | Rs. 29058 |
| 7.95% | 20 years | Rs. 25000 |
| 7.99% | 20 years | Rs. 25075 |
| 8.05% | 20 years | Rs. 25187 |
| 8.10% | 20 years | Rs. 25280 |
Additional Info: Also check Pan Number for Banks
EMI for 35 Lakhs home loan for 30 years tenure will be Rs. 25,438 at an interest rate of 7.90% p.a. The EMI can vary depending on the lender’s policy, the interest rate offered by the lender and the borrower’s eligibility. You can use the EMI Calculator available on our website for calculating the EMI for Rs. 35 Lakhs home loan for various tenures and interest rates.
Below is the table for different EMIs on Rs. 35 Lakhs loan at the different interest rates for 30 years tenure:
| Rate of Interest (p.a.) | Tenure | EMI for Rs. 35 Lakhs Loan |
|---|---|---|
| 7.40% | 30 years | Rs. 24233 |
| 7.80% | 30 years | Rs. 25195 |
| 7.90% | 30 years | Rs. 25438 |
| 7.95% | 30 years | Rs. 21908 |
| 7.99% | 30 years | Rs. 21992 |
| 8.05% | 30 years | Rs. 22118 |
| 8.10% | 30 years | Rs. 22222 |
Additional Info: Also Check & Apply for SBI Plot Loan
You have to meet the Home Loan Eligibility Criteria given below to be eligible to avail of a home loan of Rs. 35 Lakhs:
Additional Info: Looking for 80 Lakh Home Loan? Check EMI & Apply
The following documents are required to be submitted to apply for a Rs. 35 Lakhs home loan:
Additional Info: Also check Documents Required For Home Loan
Follow the steps given below to apply for a home loan of Rs. 35 Lakhs:
Additional Info: Also Check How to Apply for PMAY
Home loan interest rates are the lowest ever in the past 15 years. With raining festival offers on home loan, currently you can avail of the best interest rate on Bajaj Finserv home loan @7.70% p.a for all loan amounts.
You can avail the lowest Home Loan EMI at Rs. 727/- per lakh with maximum repayment flexibility. Some options are Step-Up EMIs, Step Down EMIs, Moratorium, OD facility, balance transfer, top up and more.
Home Loans at floating interest rate (linked to repo rate) offer you ultimate prepayment flexibility. There is no part or full prepayment charge. You can prepay early & reduce interest cost as per your cash flows.
