Home › Home Loan › Canara Bank › ₹30 lakh for 15 years
Canara Bank ₹30 lakh Home Loan EMI for 15 Years
At the advertised starting rate of 7.4%, the EMI is about ₹27,640 a month, with total interest of about ₹19,75,230.
Source: Canara Bank 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 |
|---|---|---|---|
| 7.4% (starting) | ₹27,640 | ₹19,75,230 | ₹49,75,230 |
| 7.9% | ₹28,497 | ₹21,29,396 | ₹51,29,396 |
| 8.4% | ₹29,367 | ₹22,85,988 | ₹52,85,988 |
| 8.9% | ₹30,250 | ₹24,44,963 | ₹54,44,963 |
| 9.4% | ₹31,146 | ₹26,06,275 | ₹56,06,275 |
Year-by-year repayment schedule at 7.4%
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 | ₹1,13,480 | ₹2,18,202 | ₹3,31,682 | ₹28,86,520 |
| Year 2 | ₹1,22,168 | ₹2,09,514 | ₹3,31,682 | ₹27,64,353 |
| Year 3 | ₹1,31,521 | ₹2,00,161 | ₹3,31,682 | ₹26,32,831 |
| Year 4 | ₹1,41,591 | ₹1,90,091 | ₹3,31,682 | ₹24,91,241 |
| Year 5 | ₹1,52,431 | ₹1,79,251 | ₹3,31,682 | ₹23,38,809 |
| Year 6 | ₹1,64,102 | ₹1,67,580 | ₹3,31,682 | ₹21,74,708 |
| Year 7 | ₹1,76,666 | ₹1,55,016 | ₹3,31,682 | ₹19,98,042 |
| Year 8 | ₹1,90,192 | ₹1,41,490 | ₹3,31,682 | ₹18,07,850 |
| Year 9 | ₹2,04,753 | ₹1,26,929 | ₹3,31,682 | ₹16,03,097 |
| Year 10 | ₹2,20,429 | ₹1,11,253 | ₹3,31,682 | ₹13,82,668 |
| Year 11 | ₹2,37,306 | ₹94,376 | ₹3,31,682 | ₹11,45,362 |
| Year 12 | ₹2,55,475 | ₹76,207 | ₹3,31,682 | ₹8,89,887 |
| Year 13 | ₹2,75,034 | ₹56,648 | ₹3,31,682 | ₹6,14,853 |
| Year 14 | ₹2,96,092 | ₹35,590 | ₹3,31,682 | ₹3,18,761 |
| Year 15 | ₹3,18,761 | ₹12,921 | ₹3,31,682 | ₹0 |
Frequently asked questions
What is the EMI for a ₹30 lakh Canara Bank home loan for 15 years?
At Canara Bank's starting rate of 7.4% the EMI is about ₹27,640 a month. If your offered rate is 8.4% it would be about ₹29,367.
How much total interest will I pay?
At 7.4% the total interest over 15 years is about ₹19,75,230, so you repay about ₹49,75,230 in all.