Home Loan Prepayment Calculators by Bank

HDFC Home Loan Prepayment Planning

HDFC Bank

HDFC Bank is one of India’s largest home loan lenders, with floating-rate loans typically linked to an internal benchmark. Many borrowers use prepayments to shorten tenure faster than scheduled EMI amortisation would allow.

Illustrative floating rate reference, May 2026. Verify your latest sanction letter or HDFC rate card before acting.

SBI Home Loan Prepayment Planning

State Bank of India

State Bank of India is one of the most widely used home loan lenders in India. SBI borrowers often compare extra monthly prepayments against retaining liquidity or investing surplus cash elsewhere.

Illustrative floating rate reference, May 2026. Verify your current SBI home loan rate and sanction terms before acting.

ICICI Home Loan Prepayment Planning

ICICI Bank

ICICI Bank home loan borrowers often use part-prepayments to reduce long-tenure interest cost without changing the original EMI habit. Even small recurring prepayments can create meaningful tenure reduction over time.

Illustrative floating rate reference, May 2026. Verify your latest ICICI Bank home loan rate before making a prepayment decision.

LIC Housing Finance serves a large base of salaried and self-employed home loan borrowers. Prepayments can be especially valuable when you are still early in the amortisation cycle and interest dominates the EMI.

Illustrative floating rate reference, May 2026. Verify the latest LIC Housing Finance terms before relying on this estimate.

Yes Bank home loan borrowers can use prepayments to reduce high lifetime interest cost, especially if the loan is still in its earlier years. Even disciplined small prepayments can have a compounding effect on tenure reduction.

Illustrative floating rate reference, May 2026. Verify your latest Yes Bank rate card and sanction terms before acting.

Axis Bank Home Loan Prepayment Planning

Axis Bank

Axis Bank home loan borrowers often compare part-prepayments against balance-transfer or investing options. A small recurring prepayment can materially reduce the total interest paid over a long remaining tenure.

Illustrative floating rate reference, May 2026. Verify current Axis Bank terms and your sanction letter before making changes.

Kotak Home Loan Prepayment Planning

Kotak Mahindra Bank

Kotak Mahindra Bank borrowers can use recurring prepayments to compress long home-loan tenures and cut total interest meaningfully, especially during the first half of the loan term.

Illustrative floating rate reference, May 2026. Verify the current Kotak Mahindra Bank terms before relying on this example.

Bank of Baroda Home Loan Prepayment Planning

Bank of Baroda

Bank of Baroda home loan borrowers often evaluate whether small recurring prepayments are worth it. For long-tenure loans, even moderate monthly extras can reduce interest materially.

Illustrative floating rate reference, May 2026. Verify the latest Bank of Baroda home loan terms before acting.

PNB Home Loan Prepayment Planning

Punjab National Bank

Punjab National Bank borrowers can use extra monthly payments to cut tenure faster than scheduled EMI amortisation would. The biggest gains usually come when the loan is still early or mid-cycle.

Illustrative floating rate reference, May 2026. Verify the latest Punjab National Bank home loan terms before acting.

Canara Bank Home Loan Prepayment Planning

Canara Bank

Canara Bank home loan borrowers often weigh part-prepayments against other uses of surplus cash. The earlier you reduce principal, the bigger the interest-saving effect tends to be.

Illustrative floating rate reference, May 2026. Verify the latest Canara Bank home loan rate and terms before acting.

Union Bank Home Loan Prepayment Planning

Union Bank of India

Union Bank of India home loan borrowers can use part-prepayments to reduce both interest outgo and overall tenure. The savings are usually most visible when the loan still has many years left.

Illustrative floating rate reference, May 2026. Verify the latest Union Bank of India rate card and sanction terms before acting.

Tata Capital home loan borrowers can use recurring prepayments to compress tenure and reduce total interest burden, particularly when the loan is still early in the amortisation cycle.

Illustrative floating rate reference, May 2026. Verify the latest Tata Capital home loan terms before relying on this estimate.