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State Bank of India ₹50 lakh Home Loan EMI for 20 Years
At the advertised starting rate of 7.5%, the EMI is about ₹40,280 a month, with total interest of about ₹46,67,118.
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) | ₹40,280 | ₹46,67,118 | ₹96,67,118 |
| 8% | ₹41,822 | ₹50,37,281 | ₹1,00,37,281 |
| 8.5% | ₹43,391 | ₹54,13,879 | ₹1,04,13,879 |
| 9% | ₹44,986 | ₹57,96,711 | ₹1,07,96,711 |
| 9.5% | ₹46,607 | ₹61,85,574 | ₹1,11,85,574 |
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 | ₹1,12,159 | ₹3,71,197 | ₹4,83,356 | ₹48,87,841 |
| Year 2 | ₹1,20,867 | ₹3,62,489 | ₹4,83,356 | ₹47,66,974 |
| Year 3 | ₹1,30,250 | ₹3,53,106 | ₹4,83,356 | ₹46,36,724 |
| Year 4 | ₹1,40,361 | ₹3,42,995 | ₹4,83,356 | ₹44,96,363 |
| Year 5 | ₹1,51,258 | ₹3,32,098 | ₹4,83,356 | ₹43,45,105 |
| Year 6 | ₹1,63,001 | ₹3,20,355 | ₹4,83,356 | ₹41,82,104 |
| Year 7 | ₹1,75,655 | ₹3,07,701 | ₹4,83,356 | ₹40,06,450 |
| Year 8 | ₹1,89,291 | ₹2,94,065 | ₹4,83,356 | ₹38,17,158 |
| Year 9 | ₹2,03,986 | ₹2,79,369 | ₹4,83,356 | ₹36,13,172 |
| Year 10 | ₹2,19,822 | ₹2,63,534 | ₹4,83,356 | ₹33,93,350 |
| Year 11 | ₹2,36,888 | ₹2,46,468 | ₹4,83,356 | ₹31,56,462 |
| Year 12 | ₹2,55,278 | ₹2,28,078 | ₹4,83,356 | ₹29,01,184 |
| Year 13 | ₹2,75,096 | ₹2,08,260 | ₹4,83,356 | ₹26,26,088 |
| Year 14 | ₹2,96,452 | ₹1,86,904 | ₹4,83,356 | ₹23,29,636 |
| Year 15 | ₹3,19,467 | ₹1,63,889 | ₹4,83,356 | ₹20,10,169 |
| Year 16 | ₹3,44,268 | ₹1,39,088 | ₹4,83,356 | ₹16,65,901 |
| Year 17 | ₹3,70,994 | ₹1,12,362 | ₹4,83,356 | ₹12,94,907 |
| Year 18 | ₹3,99,795 | ₹83,561 | ₹4,83,356 | ₹8,95,112 |
| Year 19 | ₹4,30,833 | ₹52,523 | ₹4,83,356 | ₹4,64,279 |
| Year 20 | ₹4,64,279 | ₹19,077 | ₹4,83,356 | ₹0 |
Frequently asked questions
What is the EMI for a ₹50 lakh State Bank of India home loan for 20 years?
At State Bank of India's starting rate of 7.5% the EMI is about ₹40,280 a month. If your offered rate is 8.5% it would be about ₹43,391.
How much total interest will I pay?
At 7.5% the total interest over 20 years is about ₹46,67,118, so you repay about ₹96,67,118 in all.