• Step 1: Drag or enter your annual income in the calculator. The minimum and maximum annual income range is between Rs 50,000 and Rs 18 lakh. Similarly, choose the home loan amount between Rs 50,000 to Rs 3 crore; the interest rate between 5 percent and 25 percent; and loan tenure between 3 and 30 years.
• Step 2: Scroll down to receive the automatically calculated information on the amount that you will save, the effective interest rate, and the net reduction in EMI.
• Step 3: The final step: apply for a loan under PMAY with Indiabulls Home Loans!