Home › Home Loan › Bank of Maharashtra › ₹50 lakh for 20 years
Bank of Maharashtra ₹50 lakh Home Loan EMI for 20 Years
At the advertised starting rate of 7.25%, the EMI is about ₹39,519 a month, with total interest of about ₹44,84,512.
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) | ₹39,519 | ₹44,84,512 | ₹94,84,512 |
| 7.75% | ₹41,047 | ₹48,51,383 | ₹98,51,383 |
| 8.25% | ₹42,603 | ₹52,24,788 | ₹1,02,24,788 |
| 8.75% | ₹44,186 | ₹56,04,529 | ₹1,06,04,529 |
| 9.25% | ₹45,793 | ₹59,90,402 | ₹1,09,90,402 |
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 | ₹1,15,514 | ₹3,58,712 | ₹4,74,226 | ₹48,84,486 |
| Year 2 | ₹1,24,173 | ₹3,50,053 | ₹4,74,226 | ₹47,60,313 |
| Year 3 | ₹1,33,480 | ₹3,40,745 | ₹4,74,226 | ₹46,26,833 |
| Year 4 | ₹1,43,486 | ₹3,30,740 | ₹4,74,226 | ₹44,83,347 |
| Year 5 | ₹1,54,241 | ₹3,19,984 | ₹4,74,226 | ₹43,29,106 |
| Year 6 | ₹1,65,803 | ₹3,08,423 | ₹4,74,226 | ₹41,63,303 |
| Year 7 | ₹1,78,231 | ₹2,95,994 | ₹4,74,226 | ₹39,85,071 |
| Year 8 | ₹1,91,591 | ₹2,82,634 | ₹4,74,226 | ₹37,93,480 |
| Year 9 | ₹2,05,953 | ₹2,68,273 | ₹4,74,226 | ₹35,87,527 |
| Year 10 | ₹2,21,390 | ₹2,52,835 | ₹4,74,226 | ₹33,66,137 |
| Year 11 | ₹2,37,986 | ₹2,36,240 | ₹4,74,226 | ₹31,28,152 |
| Year 12 | ₹2,55,825 | ₹2,18,401 | ₹4,74,226 | ₹28,72,327 |
| Year 13 | ₹2,75,001 | ₹1,99,225 | ₹4,74,226 | ₹25,97,326 |
| Year 14 | ₹2,95,614 | ₹1,78,611 | ₹4,74,226 | ₹23,01,712 |
| Year 15 | ₹3,17,773 | ₹1,56,453 | ₹4,74,226 | ₹19,83,939 |
| Year 16 | ₹3,41,593 | ₹1,32,633 | ₹4,74,226 | ₹16,42,346 |
| Year 17 | ₹3,67,198 | ₹1,07,028 | ₹4,74,226 | ₹12,75,148 |
| Year 18 | ₹3,94,722 | ₹79,503 | ₹4,74,226 | ₹8,80,426 |
| Year 19 | ₹4,24,310 | ₹49,915 | ₹4,74,226 | ₹4,56,116 |
| Year 20 | ₹4,56,116 | ₹18,110 | ₹4,74,226 | ₹0 |
Frequently asked questions
What is the EMI for a ₹50 lakh Bank of Maharashtra home loan for 20 years?
At Bank of Maharashtra's starting rate of 7.25% the EMI is about ₹39,519 a month. If your offered rate is 8.25% it would be about ₹42,603.
How much total interest will I pay?
At 7.25% the total interest over 20 years is about ₹44,84,512, so you repay about ₹94,84,512 in all.