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₹40 Lakh Home Loan EMI

Embarking on the journey to homeownership with a ₹40 Lakh home loan requires careful planning and understanding of key financial aspects. At Tata Capital, we are committed to providing you with transparent information to empower your decision-making process. Let's dive into the details of ₹40 Lakh Home Loan EMI, interest rates, and the essential steps to secure your dream home.

₹40 Lakh Home Loan EMI Details

The heart of any home loan is the Equated Monthly Installment (EMI), a fixed amount you pay each month towards repaying your loan. The ₹40 Lakh Home Loan EMI is influenced by factors such as the loan amount, interest rate, and tenure. It's crucial to grasp these details to effectively manage your monthly budget.

40,00,000 8.75% 5 years 49,47,134
40,00,000 8.75% 10 Years 60,02,779
40,00,000 8.75% 15 Years 71,74,786
40,00,000 8.75% 20 Years 84,53,020
40,00,000 8.75% 30 Years 1,12,77,101

Disclaimer: The aforementioned values, calculations, and results are for illustrative and informational purposes only and may vary basis various parameters laid down by Tata Capital.


₹40 Lakh Home Loan EMI Calculator

Navigating the financial landscape of a ₹40 Lakh home loan is made easier with our user-friendly home loan EMI calculator. By entering the loan amount, interest rate, and tenure, you can visualize your monthly EMI, enabling you to plan your finances strategically. This tool empowers you to explore different scenarios, ensuring your EMI aligns with your budgetary constraints and long-term financial goals.

₹40 Lakh Home Loan Interest and Other Charges

Understanding the home loan interest rates and associated charges is vital in making an informed decision. Tata Capital offers competitive interest rates, ensuring your home loan remains affordable. Additionally, be aware of other charges, such as processing fees, prepayment charges, and late payment fees, as they contribute to the overall cost of the loan.

  • Enjoy competitive interest rates

  • Choose your desired loan amount

  • Flexible options for EMI

  • Pre-close your loan at your convenience

How to Apply for ₹40 Lakh Home Loan

Securing a ₹40 Lakh home loan with Tata Capital is a streamlined process designed for your convenience. Follow these simple steps to embark on your homeownership journey:

  • Online Application: Visit our website and fill out the user-friendly online application form with accurate details.
  • Document Submission: Upload the necessary documents, including income proof, KYC documents, and property-related papers.
  • Verification: Our dedicated team will verify the provided information, ensuring a smooth and efficient approval process.
  • Approval: Once your application is approved, proceed with the loan agreement and subsequent disbursement.

₹40 Lakh Home Loan Eligibility & Documents Required

Determining your home loan eligibility is the first step towards a successful home loan application. Factors such as income, age, and credit score play a role in this assessment. Additionally, you'll need to submit specific home loan documents to support your application, including:

  • Proof of Identity: Aadhar card, passport, or driver's license.
  • Proof of Address: Utility bills, rental agreement, or voter ID.
  • Income Proof: Salary slips, income tax returns, or Form 16.
  • Property Documents: Sale deed, property agreement, or construction agreement.
Age Proof Age Proof
Photo Identity Proof Photo Identity Proof
Address Proof Address Proof
Income Proof Business Proof
Existing Loan Details Income Proof
Processing Fee Cheque Existing Loan Details
Processing Fee Cheque

₹40 Lakh Home Loan EMI for 5 Years, 10 Years, 20 Years

Tailoring your home loan tenure is crucial to align with your financial capacity. Let's explore the EMI for a ₹40 Lakh home loan across different tenures:

  • 5 Years Tenure: Higher EMIs but lower overall interest paid.
  • 10 Years Tenure: Balancing affordability with a moderate interest payout.
  • 20 Years Tenure: Lower EMIs with a higher overall interest outlay.
5 years 49,47,134
10 Years 60,02,779
15 Years 71,74,786
20 Years 84,53,020
30 Years 1,12,77,101


A ₹40 Lakh home loan opens the door to substantial homeownership opportunities. Utilize our EMI calculator, understand the interest rates and charges, and follow a straightforward application process. Tata Capital is your trusted partner in achieving your dream of owning a home. Beyond financing, we are committed to building a secure and happy home for you.

What our customers say about us

I had applied for a home loan at Tata Capital & got the it approved quickly. The process was smooth and sanctioned with sufficient amount with tenure period of 20 yrs.

Sumeet Verma

Home Loan | 14 March, 2022

The submission of my home loan application was very simple and easy. Even the documentation process was very simple and ended in very less time.

Yukta Jaiswal

Home Loan | 11 March, 2022

The customer support service is good as they responded to my queries without any wait time. With their help, my home loan was approved in very less time.

Rashmi Singhania

Home Loan | 28 February, 2022

I got my home loan approved from Tata Capital. The reason behind going with Tata Capital home loan is they were offering home loan at best price and zero processing fee.

Aman Malik

Home Loan | 18 February, 2022

The rate of interest is moderate. Pre closure is applicable but there is locking period. Their customer service is very good.

Amiya Ranjan Swain

Home Loan | 20 October, 2021

The home loan was sanctioned on time and I easily uploaded the documents through online.

Rajesh Jain

Home Loan | 20 October, 2021

Interest rate is a bit high when I compared to Government banks, but processing time and charges for my home loan were less. Loan was sanctioned soon as well.

Manoj Kumar Mishra

Home Loan | 20 October, 2021

The process for my housing loan was immediate. Interest rates were normal at X%. The documentation process was hassle free. What else can I expect!?

Kundan Meher

Home Loan | 20 October, 2021

The processing fee was nominal for my home loan. It was processed hassle free. I am satisfied with the service.

Sridhar Pillai

Home Loan | 20 October, 2021