State Bank of Patiala Home Loan EMI details have been mentioned below.

Home Loan EMI (or compared regularly scheduled payment) is a settled measure of cash paid by you to State Bank of Patiala against the advance taken. This is towards reimbursement of your credit to the bank. Consistently, it is expected on an altered day of the month till your advance is completely paid back.

With State Bank of Patiala offering Home Loans with advance residency upto 30 years, the advance EMI can be as low as Rs. 848 for each lakh, to make it more reasonable and helpful to meet your own needs. Least Rate of premium offered by State Bank of Patiala on Home Loan is 9.6%. You can check EMI for different residencies utilizing our State Bank of Patiala Home Loan EMI adding machine.

Loan Tenure
Loan Amount (Rs.) 15 years 20 years 30 years

2,500,000 25,805 22,978 20,658

5,000,000 51,610 45,955 41,315

7,500,000 77,414 68,933 61,973

10,000,000 103,219 91,911 82,630

State Bank of Patiala Home Loan EMI adding machine recipe

P*r* (1+r)^n/([(1+r)^n]-1)

Here is a illustration of how State Bank of Patiala Home Loan EMI is computed:

In above equation,

P = Loan sum. This can run from Rs. 1,500,000 to Rs. 50,000,000

r = Rate of interest every month. Current rate is 9.6%, which is connected to 1 Year MCLR, keep going amended on fifteenth Apr 16

n = residency in month. For State Bank of Patiala, this can be 360 months