SBI Home Loan EMI for ₹5 Lakh, ₹10 Lakh, ₹20 Lakh — April 2026
Exact monthly EMI tables for six common loan amounts across 10, 15, and 20-year tenures — at SBI's current April 2026 rate of 8.50% p.a. No formulas. Just real numbers.
Planning to take a home loan from SBI? The first thing most people want to know is simple — how much will I pay every month?
This article gives you exact EMI amounts for the most common loan sizes — ₹5 lakh, ₹10 lakh, ₹15 lakh, ₹20 lakh, ₹25 lakh, and ₹30 lakh — at SBI's current 2026 interest rates. No confusing formulas. Just real numbers you can use right now.
SBI Home Loan Interest Rate in April 2026
Before the EMI tables, here is what SBI is currently charging:
| CIBIL Score | Interest Rate (p.a.) |
|---|---|
| 825 and above | 7.90% – 8.25% |
| 750 – 824 | 8.25% – 8.50% |
| 700 – 749 | 8.50% – 8.70% |
| Below 700 | 8.70% and above |
Important: Women borrowers get an additional 0.05% concession on all these rates. SBI's rates are linked to the RBI repo rate (currently 5.50%), so they can change if RBI revises the repo rate. All calculations below use 8.50% p.a. — the most common effective rate for borrowers with a CIBIL score above 750.
Want your exact EMI for any amount?
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Open SBI Home Loan EMI Calculator →SBI Home Loan EMI Tables — April 2026
All figures calculated at 8.50% p.a. using the reducing balance formula. Tenures: 10, 15, and 20 years.
₹5 LakhHome Loan EMI
| Tenure | Monthly EMI | Total Interest | Total Paid |
|---|---|---|---|
| 10 years | ₹6,199 | ₹2,43,893 | ₹7,43,893 |
| 15 years | ₹4,923 | ₹3,86,180 | ₹8,86,180 |
| 20 years | ₹4,340 | ₹5,41,594 | ₹10,41,594 |
A ₹5 lakh loan for 15 years costs you ₹4,923 per month. Over 15 years, you end up paying ₹3.86 lakh as interest — almost 77% extra on top of the original loan. This is why prepaying your loan early saves a lot of money.
₹10 LakhHome Loan EMI
| Tenure | Monthly EMI | Total Interest | Total Paid |
|---|---|---|---|
| 10 years | ₹12,399 | ₹4,87,786 | ₹14,87,786 |
| 15 years | ₹9,847 | ₹7,72,360 | ₹17,72,360 |
| 20 years | ₹8,678 | ₹10,82,688 | ₹20,82,688 |
If you take ₹10 lakh for 20 years instead of 15 years, your EMI drops by about ₹1,169 per month — but your total interest cost goes up by over ₹3 lakh. A shorter tenure always saves money overall.
₹15 LakhHome Loan EMI
| Tenure | Monthly EMI | Total Interest | Total Paid |
|---|---|---|---|
| 10 years | ₹18,598 | ₹7,31,679 | ₹22,31,679 |
| 15 years | ₹14,770 | ₹11,58,540 | ₹26,58,540 |
| 20 years | ₹13,017 | ₹16,24,082 | ₹31,24,082 |
At ₹15 lakh for 20 years, your total repayment is over ₹31 lakh — more than double the loan. This is normal with long-tenure loans, and still makes financial sense as property values also rise over time.
₹20 LakhHome Loan EMI
| Tenure | Monthly EMI | Total Interest | Total Paid |
|---|---|---|---|
| 10 years | ₹24,797 | ₹9,75,572 | ₹29,75,572 |
| 15 years | ₹19,694 | ₹15,44,920 | ₹35,44,920 |
| 20 years | ₹17,356 | ₹21,65,376 | ₹41,65,376 |
A ₹20 lakh loan for 15 years gives you an EMI of ₹19,694. Most salaried individuals earning ₹40,000–₹50,000 per month can comfortably afford this, since banks generally allow EMI up to 40–50% of monthly income.
₹25 LakhHome Loan EMI
| Tenure | Monthly EMI | Total Interest | Total Paid |
|---|---|---|---|
| 10 years | ₹30,996 | ₹12,19,465 | ₹37,19,465 |
| 15 years | ₹24,617 | ₹19,31,100 | ₹44,31,100 |
| 20 years | ₹21,695 | ₹27,06,870 | ₹52,06,870 |
₹30 LakhHome Loan EMI
| Tenure | Monthly EMI | Total Interest | Total Paid |
|---|---|---|---|
| 10 years | ₹37,195 | ₹14,63,358 | ₹44,63,358 |
| 15 years | ₹29,540 | ₹23,17,280 | ₹53,17,280 |
| 20 years | ₹26,034 | ₹32,48,164 | ₹62,48,164 |
For a ₹30 lakh loan, most financial advisors suggest a 15-year tenure — it keeps your EMI manageable at ₹29,540 while not stretching the interest burden as much as a 20-year plan.
What Salary Do You Need for These Loans?
Banks follow a rule called FOIR (Fixed Obligation to Income Ratio). SBI generally allows your total EMI (including all existing loans) to be up to 50% of your gross monthly income.
| Loan Amount | 20-Year EMI | Min. Monthly Salary Needed |
|---|---|---|
| ₹5 Lakh | ₹4,340 | ₹8,680 |
| ₹10 Lakh | ₹8,678 | ₹17,356 |
| ₹20 Lakh | ₹17,356 | ₹34,712 |
| ₹30 Lakh | ₹26,034 | ₹52,068 |
These are minimum figures assuming no other EMIs. If you already have a car loan or personal loan, your required salary will be proportionally higher.
3 Tips to Reduce Your SBI Home Loan EMI
Improve your CIBIL score before applying
A score above 750 gets you the best rates (8.25%–8.50%). Going from 700 to 750 can reduce your rate by 0.20–0.25%, which saves ₹500–₹800 per month on a ₹20 lakh loan. Pay off all credit card dues in full and avoid multiple loan applications in quick succession before you apply.
Make a larger down payment
SBI finances up to 90% of the property value for loans below ₹30 lakh. But the more you pay upfront, the smaller your loan — and the lower your monthly EMI. Even an extra ₹1–2 lakh as a down payment meaningfully reduces both the principal and the total interest over the tenure.
Use the SBI MaxGain overdraft facility
SBI MaxGain turns your home loan into an overdraft account. Any surplus funds you park there reduce your effective principal — cutting the interest you owe without locking your money away. A ₹50,000 idle balance sitting in MaxGain can save you meaningful interest month after month.
Frequently Asked Questions
What is the current SBI home loan interest rate in April 2026?▼
Can I get an SBI home loan for ₹5 lakh?▼
How much EMI will I pay for a ₹10 lakh SBI home loan for 20 years?▼
Does SBI charge prepayment penalty?▼
Is 8.50% a fixed or floating rate?▼
Final Word
For most borrowers planning a home purchase in 2026, an SBI home loan remains one of the most affordable options available. The key is to borrow only as much as you need, keep the tenure as short as comfortably possible, and make prepayments whenever you have surplus funds.
Use the CalcBaba SBI Home Loan EMI Calculator to try different combinations of loan amount, tenure, and interest rate until you find the EMI that fits your monthly budget comfortably. You can also download a full month-by-month amortization PDF straight from the calculator.
Disclaimer: The EMI amounts shown above are calculated using the standard reducing balance formula at 8.50% p.a. interest rate. Actual EMI may vary based on your specific interest rate, loan disbursement date, and SBI's internal policies. Please confirm the final figures with your SBI branch before making financial decisions.