Allahabad Bank Home Loan – Interest Rates 2024, Calculator
Allahabad Bank Home Loan – Check lowest Interest Rates, Low EMI, Documents Required details on EMI & Calculate Eligibility Instantly at Deal4loans.
Allahabad Bank home loan details
| Interest Rates | 8.50% – 9.65% |
| Processing Fees | 1.00% on the Loan amount |
| Pre payment Charges | Nil |
| Min. Income | Rs.10000/- p.m |
| Loan Repayment | 1 to 30 years |
Allahabad Bank home loan Interest Rates 2024
Find what are the latest and updated interest rates on housing loans of Allahabad bank for the month:
| Product Name | Interest Rate Range |
| Home Loan | |
| IB Home Loan to Elite Customers (Rs.15 lakhs & above) | 8.6% to 8.85% |
| IB Home Loan to Elite Customers (Rs.15 lakhs & above) – Takeover | 8.5% to 8.75% |
| IB Home Loan (CRE) to Elite Customers (Rs.15 lakhs & above) | 9.1% to 9.35% |
| IB Home Loan to General Customers | 8.95% to 9.15% |
| IB Home Loan CRE to General Customers | 9.45% to 9.65% |
| Home Loan Premium | |
| IB Home Loan Premium | 8.75% to 8.95% |
| Home Loan to Corporate Entity | |
| Home Loan to Corporate Entity | 8.2% to 9.7% |
| Home Advantage | |
| IB Home Advantage to Elite Customers (Rs.15 lakhs & above) – Term Loan | 8.6% to 8.85% |
| IB Home Advantage to Elite Customers (Rs.15 lakhs & above) – Overdraft | 9.6% to 9.85% |
| IB Home Advantage to General Customers – Term Loan | 8.95% to 9.15% |
| IB Home Advantage to General Customers – Overdraft | 9.95% to 10.15% |
| Plot Loan | |
| Plot Loan to Elite Customers (Rs.15 lakhs & above) | 9.6% to 9.85% |
| Plot Loan to General Customers | 9.95% to 10.15% |
| IB Home Improve | |
| IB Home Improve to Elite Customers (Rs.15 lakhs & above) | 9.1% to 9.35% |
| IB Home Improve to General Customers | 9.45% to 9.65% |
| IB Home Enrich | |
| IB Home Enrich | 9.15% to 9.7% |
| Home Loan Plus | |
| IB Home Loan Plus to Elite Customers (Rs.15 lakhs & above) | 9.1% to 9.6% |
| IB Home Loan Plus to General Customers | 9.45% to 9.9% |
Allahabad Bank Home Loan EMI Calculator
use this simple tool to find out how much EMI you will have to pay for your home Loan.
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Maximum loan Amount for buy home
Maximum Amount: Up to Rs 5 crores are available.
For Example if borrower taken a loan amount of 16 lakh at 8.55% rate of interest for 20 years than home loan EMI would be close to ₹ 13935.85, In 20 years borrower have to pay Total Interest of ₹ 1744604 to the bank. Total payment made ₹ 3344604.
| Loan amount | Interest Rate | EMI | Tenure |
| 16 Lakh |
How much amount you have to paid by yourself for home loan:
- For loans up to Rs. 20.00 Lacs – 10% of Project cost.
- For loans above Rs. 20.00 Lacs to 75 lacs – 20% of Project cost.
- Above Rs 75.00 lacs – 25% of the project cost
Project cost consists of :
- Purchase price of land/house/flat.
- Cost of construction/renovation/extension (if applicable)
- Stamp duty and registrations charges as applicable.
- Accrued interest amount of moratorium period, if proposed to be capitalized
- Premium of Loan Insurance
- Repayment Period:
- Salaried Persons : Length of remaining service, Maximum 25 years
- Others : Remaining period in attaining the age of 70, Maximum 20 years
- Repayment period will be exclusive of moratorium period.
Other Retails Products of Allahabad Bank
- Allahabad Bank Personal Loan
- Allahabad Bank Car Loan
- Allahabad Bank Credit Card
- Allahabad Bank FD Interest Rates
- Allahabad Bank Education Loan
- Allahabad Bank Gold Loan
- Allahabad Bank Debit Card
- Source: Allahabad Bank Website
