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Bank of Maharashtra ₹1 crore Home Loan EMI for 15 Years
At the advertised starting rate of 7.25%, the EMI is about ₹91,286 a month, with total interest of about ₹64,31,532.
Source: Bank of Maharashtra official page, checked on November 2026 (2026-11-01).
These figures use the bank's advertised starting rate. Most borrowers are offered a higher rate depending on credit score, income and loan size, so treat the result as a best case.
Prepayment options (optional): pay extra to finish sooner
EMI at higher rates
| Rate | EMI | Total interest | Total payment |
|---|---|---|---|
| 7.25% (starting) | ₹91,286 | ₹64,31,532 | ₹1,64,31,532 |
| 7.75% | ₹94,128 | ₹69,42,964 | ₹1,69,42,964 |
| 8.25% | ₹97,014 | ₹74,62,526 | ₹1,74,62,526 |
| 8.75% | ₹99,945 | ₹79,90,076 | ₹1,79,90,076 |
| 9.25% | ₹1,02,919 | ₹85,25,461 | ₹1,85,25,461 |
Year-by-year repayment schedule at 7.25%
How much of each year's payments goes to principal and to interest, and what you still owe at the end of the year. Use the calculator above for a month-by-month view and prepayment options.
| Year | Principal | Interest | Paid | Balance left |
|---|---|---|---|---|
| Year 1 | ₹3,82,996 | ₹7,12,439 | ₹10,95,435 | ₹96,17,004 |
| Year 2 | ₹4,11,705 | ₹6,83,731 | ₹10,95,435 | ₹92,05,299 |
| Year 3 | ₹4,42,565 | ₹6,52,870 | ₹10,95,435 | ₹87,62,734 |
| Year 4 | ₹4,75,739 | ₹6,19,696 | ₹10,95,435 | ₹82,86,994 |
| Year 5 | ₹5,11,400 | ₹5,84,035 | ₹10,95,435 | ₹77,75,594 |
| Year 6 | ₹5,49,734 | ₹5,45,702 | ₹10,95,435 | ₹72,25,861 |
| Year 7 | ₹5,90,941 | ₹5,04,495 | ₹10,95,435 | ₹66,34,920 |
| Year 8 | ₹6,35,237 | ₹4,60,199 | ₹10,95,435 | ₹59,99,683 |
| Year 9 | ₹6,82,853 | ₹4,12,583 | ₹10,95,435 | ₹53,16,830 |
| Year 10 | ₹7,34,038 | ₹3,61,397 | ₹10,95,435 | ₹45,82,792 |
| Year 11 | ₹7,89,061 | ₹3,06,375 | ₹10,95,435 | ₹37,93,731 |
| Year 12 | ₹8,48,207 | ₹2,47,228 | ₹10,95,435 | ₹29,45,524 |
| Year 13 | ₹9,11,788 | ₹1,83,648 | ₹10,95,435 | ₹20,33,736 |
| Year 14 | ₹9,80,134 | ₹1,15,302 | ₹10,95,435 | ₹10,53,603 |
| Year 15 | ₹10,53,603 | ₹41,833 | ₹10,95,435 | ₹0 |
Frequently asked questions
What is the EMI for a ₹1 crore Bank of Maharashtra home loan for 15 years?
At Bank of Maharashtra's starting rate of 7.25% the EMI is about ₹91,286 a month. If your offered rate is 8.25% it would be about ₹97,014.
How much total interest will I pay?
At 7.25% the total interest over 15 years is about ₹64,31,532, so you repay about ₹1,64,31,532 in all.