Tools & Calculators
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Monthly EMI
₹19,566
Loan Amount
Interest Amount
Total Amount
The JK Bank Home Loan EMI Calculator is a helpful tool to estimate your monthly loan repayment (EMI) based on your loan amount, interest rate, and tenure. Whether buying a new home or constructing one, this calculator helps you plan your finances better.
To calculate your EMI, the tool uses the following key inputs:
Once you input these details, the calculator shows:
EMI = [P × R × (1 + R)N] / [(1 + R)N – 1]
If you borrow ₹30 lakh at an interest rate of 8.60% p.a. for 20 years:
Note: JK Bank’s current home loan interest rates range from 8.60% to 9.20% p.a., depending on the borrower’s profile and loan amount.
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.
As of Q1 FY 2024–25, the interest rate starts from 8.60% per annum, subject to eligibility.
The maximum repayment tenure is up to 30 years.
Yes, you can use it to estimate EMIs for all types of home loans, including under-construction properties.
The calculator gives an approximate EMI based on the values entered. Actual EMIs may vary slightly due to internal bank charges or processing fees.
Yes, JK Bank offers both floating and fixed rate home loans. The EMI changes in case of floating interest rates.
Yes, JK Bank allows prepayment or foreclosure. Prepayment charges may apply depending on the type of loan and borrower profile.
No, the EMI includes only the loan repayment and interest. Insurance and taxes are paid separately.
Yes, if you make a partial prepayment or extend your tenure, your EMI can be reduced.
Yes, a processing fee is applicable, usually around 0.25% to 1% of the loan amount.
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