Home › Home Loan › Central Bank of India › ₹20 lakh for 15 years
Central Bank of India ₹20 lakh Home Loan EMI for 15 Years
At the advertised starting rate of 7.45%, the EMI is about ₹18,483 a month, with total interest of about ₹13,27,024.
Source: Central Bank of India 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 |
|---|---|---|---|
| 7.45% (starting) | ₹18,483 | ₹13,27,024 | ₹33,27,024 |
| 7.95% | ₹19,055 | ₹14,29,964 | ₹34,29,964 |
| 8.45% | ₹19,636 | ₹15,34,519 | ₹35,34,519 |
| 8.95% | ₹20,226 | ₹16,40,660 | ₹36,40,660 |
| 9.45% | ₹20,824 | ₹17,48,355 | ₹37,48,355 |
Year-by-year repayment schedule at 7.45%
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 | ₹75,340 | ₹1,46,462 | ₹2,21,802 | ₹19,24,660 |
| Year 2 | ₹81,148 | ₹1,40,653 | ₹2,21,802 | ₹18,43,512 |
| Year 3 | ₹87,404 | ₹1,34,397 | ₹2,21,802 | ₹17,56,108 |
| Year 4 | ₹94,143 | ₹1,27,659 | ₹2,21,802 | ₹16,61,965 |
| Year 5 | ₹1,01,401 | ₹1,20,400 | ₹2,21,802 | ₹15,60,564 |
| Year 6 | ₹1,09,219 | ₹1,12,583 | ₹2,21,802 | ₹14,51,345 |
| Year 7 | ₹1,17,639 | ₹1,04,162 | ₹2,21,802 | ₹13,33,705 |
| Year 8 | ₹1,26,709 | ₹95,092 | ₹2,21,802 | ₹12,06,996 |
| Year 9 | ₹1,36,478 | ₹85,324 | ₹2,21,802 | ₹10,70,518 |
| Year 10 | ₹1,47,000 | ₹74,801 | ₹2,21,802 | ₹9,23,518 |
| Year 11 | ₹1,58,333 | ₹63,468 | ₹2,21,802 | ₹7,65,184 |
| Year 12 | ₹1,70,541 | ₹51,261 | ₹2,21,802 | ₹5,94,644 |
| Year 13 | ₹1,83,689 | ₹38,113 | ₹2,21,802 | ₹4,10,955 |
| Year 14 | ₹1,97,851 | ₹23,951 | ₹2,21,802 | ₹2,13,104 |
| Year 15 | ₹2,13,104 | ₹8,697 | ₹2,21,802 | ₹0 |
Frequently asked questions
What is the EMI for a ₹20 lakh Central Bank of India home loan for 15 years?
At Central Bank of India's starting rate of 7.45% the EMI is about ₹18,483 a month. If your offered rate is 8.45% it would be about ₹19,636.
How much total interest will I pay?
At 7.45% the total interest over 15 years is about ₹13,27,024, so you repay about ₹33,27,024 in all.