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State Bank of India ₹1 crore Home Loan EMI for 15 Years
At the advertised starting rate of 7.5%, the EMI is about ₹92,701 a month, with total interest of about ₹66,86,222.
Source: State 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 |
|---|---|---|---|
| 7.5% (starting) | ₹92,701 | ₹66,86,222 | ₹1,66,86,222 |
| 8% | ₹95,565 | ₹72,01,738 | ₹1,72,01,738 |
| 8.5% | ₹98,474 | ₹77,25,312 | ₹1,77,25,312 |
| 9% | ₹1,01,427 | ₹82,56,799 | ₹1,82,56,799 |
| 9.5% | ₹1,04,422 | ₹87,96,044 | ₹1,87,96,044 |
Year-by-year repayment schedule at 7.5%
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 | ₹3,75,136 | ₹7,37,279 | ₹11,12,415 | ₹96,24,864 |
| Year 2 | ₹4,04,259 | ₹7,08,156 | ₹11,12,415 | ₹92,20,605 |
| Year 3 | ₹4,35,643 | ₹6,76,772 | ₹11,12,415 | ₹87,84,963 |
| Year 4 | ₹4,69,463 | ₹6,42,952 | ₹11,12,415 | ₹83,15,500 |
| Year 5 | ₹5,05,908 | ₹6,06,507 | ₹11,12,415 | ₹78,09,592 |
| Year 6 | ₹5,45,183 | ₹5,67,232 | ₹11,12,415 | ₹72,64,409 |
| Year 7 | ₹5,87,507 | ₹5,24,908 | ₹11,12,415 | ₹66,76,901 |
| Year 8 | ₹6,33,117 | ₹4,79,298 | ₹11,12,415 | ₹60,43,785 |
| Year 9 | ₹6,82,267 | ₹4,30,147 | ₹11,12,415 | ₹53,61,517 |
| Year 10 | ₹7,35,234 | ₹3,77,181 | ₹11,12,415 | ₹46,26,284 |
| Year 11 | ₹7,92,312 | ₹3,20,103 | ₹11,12,415 | ₹38,33,972 |
| Year 12 | ₹8,53,821 | ₹2,58,594 | ₹11,12,415 | ₹29,80,151 |
| Year 13 | ₹9,20,105 | ₹1,92,310 | ₹11,12,415 | ₹20,60,046 |
| Year 14 | ₹9,91,535 | ₹1,20,880 | ₹11,12,415 | ₹10,68,511 |
| Year 15 | ₹10,68,511 | ₹43,904 | ₹11,12,415 | ₹0 |
Frequently asked questions
What is the EMI for a ₹1 crore State Bank of India home loan for 15 years?
At State Bank of India's starting rate of 7.5% the EMI is about ₹92,701 a month. If your offered rate is 8.5% it would be about ₹98,474.
How much total interest will I pay?
At 7.5% the total interest over 15 years is about ₹66,86,222, so you repay about ₹1,66,86,222 in all.