Rates are indicative and change frequently. Confirm the current rate on the official SBI website before applying.
| Tenure | Monthly EMI | Total Interest | Total Payment |
|---|---|---|---|
| 15 yr | ₹29,542 | ₹23,17,593 | ₹53,17,593 |
| 20 yr | ₹26,035 | ₹32,48,326 | ₹62,48,326 |
| 25 yr | ₹24,157 | ₹42,47,046 | ₹72,47,046 |
| 30 yr | ₹23,067 | ₹53,04,272 | ₹83,04,272 |
Shorter tenures mean a higher EMI but much lower total interest. Pick the shortest tenure your monthly budget comfortably allows.
| Lender | Interest Rate | Processing Fee |
|---|---|---|
| Punjab National Bank | 8.55% - 9.9% | 0.35% |
| ICICI Bank | 8.6% - 9.7% | 0.5% |
| Bank of Baroda | 8.6% - 9.7% | 0.4% |
| LIC Housing Finance | 8.6% - 9.8% | 0.5% |
| Kotak Mahindra Bank | 8.7% - 9.75% | 0.5% |
| HDFC Bank | 8.75% - 9.65% | 0.5% |
| Axis Bank | 8.75% - 11.9% | 1% |
What is the EMI for a 30 Lakh SBI home loan?
At SBI's indicative rate of 8.5% p.a. (as of 2026-08-17), the EMI for a 30 Lakh home loan over 20 years is about ₹26,035 per month, with total interest of about ₹32,48,326 over the full tenure.
How much interest do I pay on a 30 Lakh SBI home loan?
Interest depends on tenure. Over 20 years you pay about ₹32,48,326 in total interest. The tenure table above shows shorter and longer options - shorter tenures cost less interest but need a bigger monthly EMI.
What affects my SBI home loan EMI?
Your CIBIL score, income profile, loan amount, tenure and the applicable SBI rate (indicatively 8.5% - 9.6% p.a. as of 2026-08-17). Confirm the final offer with the lender before applying.
EMI figures on this page are computed with the standard reducing-balance formula using SBI indicative rates as of 2026-08-17. Actual rates depend on your CIBIL score, income profile and lender policy. Verify current rates and terms with the lender before applying. This page is for information only and is not financial advice.