Bandhan Bank Home Loan EMI Calculator

Bandhan Bank Home Loan EMI Calculator

The Bandhan Bank Home Loan EMI Calculator helps you quickly estimate your monthly repayment amount based on your loan amount, tenure, and interest rate. It simplifies home loan planning by giving you a clear picture of your financial obligations.

How the Bandhan Bank Home Loan EMI Calculator Works

The calculator uses the standard EMI formula to compute your Equated Monthly Installments:

EMI Formula

EMI = [P × R × (1 + R)^N] / [(1 + R)^N – 1]

• P: Principal loan amount
• R: Monthly interest rate (annual rate ÷ 12 ÷ 100)
• N: Loan tenure in months

By adjusting the loan amount, tenure, and interest rate sliders, you can view your EMI, total interest payable, and total repayment amount instantly.

Key Inputs

• Loan Amount: The total amount borrowed (₹1 lakh – ₹5 crore)
• Interest Rate: Current Bandhan Bank home loan rates (starting from 8.50% p.a. as of Q1 FY 2024–25)
• Loan Tenure: Duration to repay the loan (up to 30 years)

Outputs Provided

• EMI (Monthly Payment): The fixed monthly amount payable
• Total Interest Payable: Interest paid over the full loan term
• Total Amount Payable: Sum of principal and total interest

Benefits of Using the Calculator

• Instant EMI computation
• Helps you compare different loan scenarios
• Assists in planning a loan amount suitable to your monthly budget
• No personal details are required
• Free and unlimited usage

Disclaimer : The results given by the above calculator are for illustration purpose only. They are often based on a number of assumptions. The results given are in no way any guarantee of the returns that will be given. Investments in stock markets and securities markets are subject to market risks and other risks. There is no guarantee of the return that will be actually given. Investment in other financial products may also be subject to market risks and other risks. There is no guarantee of the returns that will be given by them. The calculator also does not make any recommendation directly or indirectly. Please consult a registered Financial Advisor before taking any investment decision.