Indian Overseas Bank home loan EMI calculator
This calculator starts at Indian Overseas Bank's lowest published rate of 7.45%, so the first EMI you see is the best case. Its published range runs from 7.45% to 8.55%. The processing fee is Not published on the bank's home loan page; check with the branch, and the longest tenure is 30 years. Your own rate depends on your credit score, income, loan amount and property type. It can be higher than the starting rate. A longer tenure lowers the EMI but raises the total interest, so try a few combinations below. The table shows the monthly EMI at 7.45% for common loan amounts and tenures. We collected these figures from public sources on 2026-10-30. Banks change rates often, so confirm with Indian Overseas Bank before you apply. If you already pay a floating rate with Indian Overseas Bank or another lender, our guide on lowering your rate lists your options.
Indicative, updated 2026-10-30. Source
₹50 L
- Principal amount
- Total interest
- Monthly EMI
- ₹40,127
- Principal amount
- ₹50,00,000
- Total interest
- ₹46,30,464
- Total amount
- ₹96,30,464
You'll pay ₹46.3 L interest on a ₹50 L loan.
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Worth knowing
Interest vs loan
You repay 0.93× your loan in interest alone.
When it tips
From year 12, more of each EMI repays the loan than pays interest.
One extra EMI a year
Pay one extra EMI each year to save ₹7.91 L and finish 3 years sooner.
| Loan amount | 10 years | 15 years | 20 years | 25 years | 30 years |
|---|---|---|---|---|---|
| ₹25 L | ₹29,610 | ₹23,104 | ₹20,063 | ₹18,394 | ₹17,395 |
| ₹50 L | ₹59,220 | ₹46,209 | ₹40,127 | ₹36,787 | ₹34,790 |
| ₹75 L | ₹88,831 | ₹69,313 | ₹60,190 | ₹55,181 | ₹52,185 |
| ₹1 Cr | ₹1,18,441 | ₹92,417 | ₹80,254 | ₹73,574 | ₹69,579 |
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Common questions
- What is the Indian Overseas Bank home loan interest rate?
- Indian Overseas Bank home loan rates start at 7.45%. Its published range runs from 7.45% to 8.55%. Your rate depends on your credit score, loan size and income.
- What is the Indian Overseas Bank processing fee?
- The published fee is Not published on the bank's home loan page; check with the branch. Fees and taxes change, so ask Indian Overseas Bank for the current figure before you apply.
- What is the longest home loan tenure at Indian Overseas Bank?
- Up to 30 years, subject to your age and the bank's policy. A longer tenure gives a lower EMI but more total interest.
- Will I get the starting rate?
- Not always. The starting rate usually goes to borrowers with a strong credit score and stable income. Use the calculator to test a higher rate and see how the EMI changes.
- What is the EMI on a 50 lakh Indian Overseas Bank home loan for 20 years?
- At 7.45% the EMI is about ₹40,127 a month. Over 20 years you would pay about ₹46,30,464 in interest. A higher rate raises both figures.
- How do I use the Indian Overseas Bank home loan EMI calculator?
- Enter the loan amount, the interest rate and the tenure. The EMI, total interest and year-by-year plan update as you type. Start from 7.45%, then try a higher rate to see a realistic range.
- Is this free? Do I need to sign up?
- Yes, it is free. No signup, no login, no app install. The API and MCP server are free too.