Want to call Bangalore, the Garden City, your new home but worried about the funds? Get a home loan in Bangalore with Navi in a 100% paperless manner and unlock the gate to your dream home.
Availing of a home loan with Navi is easier and less time-consuming. Navi offers housing loans in Bangalore at attractive interest rates and flexible EMI options. All you have to do is download the Navi app and apply for a home loan. The entire process is online and just takes a few minutes.
Touted as the Silicon Valley of India, Bengaluru is one of the greenest cities with pleasant weather throughout the year. This culturally diverse and cosmopolitan megacity houses some of the best schools, colleges, institutions and universities in the country. Living in Bengaluru also opens doors to a plethora of career opportunities as the top MNCs, private companies and Government offices are right here! The city also offers ample options to explore different kinds of cuisines and enjoy fun weekend getaways to the nearby beautiful hill stations and other major cities.
Navi is with you on your journey to becoming a homeowner. With flexible EMI options and a loan tenure of 30 years, you can repay the loan at your convenience. Navi offers the one of best home loan interest rates in Bangalore. Here are the details of Navi Home Loan:
Loan Amount | Up to ₹5 Crore |
Loan Tenure | Up to 30 Years |
Interest Rate | 8.45% p.a. |
Processing Fee | Nil |
Navi offers home loans at attractive interest rates starting from 8.45% p.a.
Get a home loan with Navi at an attractive interest rate starting from 8.45% p.a.
Getting a home loan in Bangalore with the Navi app is easy. But planning your EMIs can make your life easier. Calculating the home loan EMI can help you plan your finances better. It is advisable to use the Navi Home Loan EMI calculator to get an estimate of the monthly amount payable towards home loan repayments. All you need to do is enter the loan amount, rate of interest and tenure. The online EMI calculator will display the result within seconds.
The formula for calculating home loan EMI is:
EMI = P x R x (1+R)^N / [(1+R)^N-1]
Where, P = Principal loan amount, N = Loan tenure in months, R = Monthly interest rate
The rate of interest on your home loan is calculated monthly.
For example, if you have taken a home loan of ₹50 lakh at an interest rate of 7.39% and a loan tenure of 10 years, your monthly EMI would be:
EMI = ₹50,00,000 x 7.39 x (1+7.39)^120/[(1+7.39)^120-1] = Approximately ₹58,830
Loan Amount
Rate of Interest (P.a)
%
Loan Tenure (Years)
Years
Monthly EMI
0
Total Interest
Total Amount
Years | Opening Balance | EMI * 12 | Interest | Principal | Closing Balance |
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Navi offers instant home loans with minimal documentation. To complete your KYC, you just need to provide:
Enjoy attractive interest rates starting at 8.45% p.a. with flexible EMI options.
With Navi it is super easy to get a home loan in Bangalore. No heavy paperwork, attractive interest rates, flexible EMIs and minimal documentation to complete your KYC verification. All you need to do is download the Navi app and apply for the required home loan amount.
Jun 21
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May 31
Want to prepay home loan? Here's how to prepay your home loan, RBI rules & calculate prepayment loan EMI in simple steps.
Sep 02
Home loan interest rates, additional fees & charges vary across banks & NBFCs. Click here to get the list of home loan interest rates.
Jun 21
Do you know about the different home loan types? Click here to learn about the different types of housing finance options, interest rates, eligibility & more!
May 31
Want to prepay home loan? Here's how to prepay your home loan, RBI rules & calculate prepayment loan EMI in simple steps.
Sep 02
Home loan interest rates, additional fees & charges vary across banks & NBFCs. Click here to get the list of home loan interest rates.