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Allahabad Bank Home Loan, Interest Rate and EMI Calculator January 2019

(Updated on 10.01.2019) Allahabad Bank Home Loan EMI Calculator January 2019 – Get Instant Quick & Easy Approval on Allahabad Bank Home Loan. Loansninsurances.com provide a simple tool to calculate your Home Loan EMI on the basis of ✓Interest Rate✓Loan Tenure✓Processing Fee✓Eligibility✓Best Offers & more.

Allahabad Bank Home Loan Interest Rate


Rate of Interest


Up to Rs. 75 lakhs

MCLR + 0.20%

Housing Finance Scheme For NRI/PRO

Above Rs.75.00 Lacs & Up to Rs.300 Lacs

MCLR +0.25%


Above Rs.300 Lacs up to Rs.500 Lacs


Above 500 lacs




Get Instant Home Loan Quotes Online

Professional Details
Loan Amount
Yearly Income
Disclaimer: We do not provide Home Loans but help you to connect with banks to get best deals.
All loans are on sole discretion on the respective banks

Allahabad Bank Home Loan

Allahabad Bank provides Home Loan with its compelling home loan features to the borrowers for purchasing flats, villas, or ready built houses. Allahabad Bank Home Loan can be availed at the most competitive home loan rates with feasible loan repayment option, less processing fees and lots more. Check your home loan eligibility today by using Allahabad Bank Home Loan Eligibility Calculator and get the best deals with instant loan disbursal.

Allahabad Bank also provides a Allahabad Bank Personal Loan to customers seeking immediate cash at times of financial emergencies.

Allahabad Bank Home Loan Under CLSS-MIG Scheme 2018

If You opted for a home loan amount of Rs. 20 lakhs at the interest rate of 8.75% from Allahabad bank for 20 years. Now, on this loan amount of Rs. 20 lakhs, you will get an interest subsidy of 4% on the loan amount of Rs. 9 lakhs out of the 20 lakhs loan amount. For the rest amount, you will get an interest subvention of 3% for next loan amount of 3 lakhs out of the 20 lakhs loan amount. The remaining 8 lakhs loan amount will be calculated at normal interest rate of 8.75%.

Under the CLSS-MIG Scheme the total monthly EMI and interest amount reduced in below tables

Loan Amount Loan Tenure Monthly EMI Total Interest
Rs. 20,00,000 (CLSS-MIG) 20 Rs. 14,992 Rs. 15,98,068
Rs. 20,00,000 (Without CLSS-MIG) 20 Rs. 17,674 Rs.22,41,811

Monthly Saving on EMI and Interest Amounts are Reduced By Rs.2682 and Rs.6,43,743

Allahabad Bank Home Loan EMI Calculator

Allahabad Bank Home Loan EMI Calculator

Fill Loan Amount, Interest rate & Tenure in Fields & get Instant Calculation for Home Loan Emi within seconds.
Loan Amount
Interest Rate (Reducing) % Per Annum
Loan Tenure (in Months)
Monthly EMI
Total Amount with Interest
Flat Interest Rate PA
Flat Interest Rate PM
Total Interest Amount
Yearly Interest Amount

Types of Allahabad Bank Home Loans

1) AB Aashiana Scheme

  • For construction of residential house on land already owned

  • Maximum Loan Amount: Up to Rs 500 Lac.

  • Re-payment period: Maximum 7 years

2) Housing Loan for NRI/PIOs

  • For construction of residential house on land already owned

  • Minimum loan amount: Rs. 5 lacs.

  • Maximum loan amount : Rs 500.00 lacs.

  • Re-payment period: Maximum 7 years

3) Housing Loan for High Networth Individuals

  • For construction of residential house on land already owned.

  • Loan amount: Above Rs 5.00 Crores & Maximum Rs 25.00 Crores

  • Re-payment period: Maximum 7 years

  • Minimum age : 21 years & Maximum age: 70 years

4) Housing Loan Scheme for Pensioners

  • For construction of residential house on land already owned

  • Age should not be less than 55 years.

  • Maximum age at which the loan should be availed: 64 years

  • Maximum age for loan re-payment: 70 years

  • Minimum Loan Amount: Rs 5 Lac.

Allahabad Bank Home Loan Eligibility

  • Minimum 21 years old.

  • Maximum 70 years.

  • Salaried or self-employed with regular income.

Allahabad Bank Home Loan Documents Required

  • Signed application form with passport size photo.

  • ID and residence proof.

  • Processing fee Cheque.

  • Latest bank statements.

  • Documentation for salaried applicants

    • Last 3 years Income Tax Returns with computation of Income.

    • Last 3 years CA Certified / Audited Balance Sheet and Profit & Loss Account.

  • Documentation for self-employed applicants

    • latest income tax returns.

    • latest computation of income.

Allahabad Bank Home Loan Prepayments: Prepayment Charges- Nil

Allahabad Bank Home Loan MCLR January 2019

Tenure Revised Rate
Overnight MCLR 8.25%
1 Month MCLR 8.35%
3 Months MCLR 8.55%
6 Months MCLR 8.60%
1 Year MCLR 8.75%

Allahabad Bank Home Loan List of Branches

Contact Address IFSC Code MICR Code
75-76 Adhchini, Aurbindo Marg, New Delhi-110017 ALLA0210835 110010002
Amity University Campus, Sec 125, Noida 201301 ALLA0212270 110010045
1 Local Shoping Centre Dda Market Udai Park, New Delhi – 110049 ALLA0210707 110010003
B-3, Ashoka Niketan, Anand Vihar, Delhi 110092 ALLA0212004 110010053
Plot No. A-2/2, Naniwala Bagh, Kundan Bhawan Comm. Complex, Azadpur 110033 ALLA0210711 110010004
Allahabad Bank 583, Khasra No. 341, Main Market Road, Bhajanpura, New Delhi- 110053 ALLA0213161 110010153
M-124 Guru Harkishan Nagar , Bhera Enclave, Delhi 110087 ALLA0211892 110010039
Khasra No.338,Main Burari Road,Burari,Delhi- 110084 ALLA0212705 110010113
4398, Chandni Chowk, Post Box No. 1027, Delhi 110006 ALLA0210158 110010006
4222/1, Ansari Road, Daryaganj, New Delhi-110002 ALLA0210411 110010008
1/304, Sadar Bazar,Delhi Cantt, New Delhi-110010 ALLA0212733 110010115
F-12, Dilshad Colony, Delhi-110095 ALLA0212685 110010110
Sec 6, DDA Shopping Center, Dwarka, 110075 ALLA0212274 110010064
18/59, Geeta Colony, New Delhi-110031 ALLA0213162 110010147
45 Knowledge Park – I, Gurjar Sansthan, Near Pari Chowk, Greater Noida – 201308 ALLA0213270 110010150
A3/32, Janakpuri, New Delhi 110058 ALLA0212132 110010056
341/A/8, Murari Bhawan, Krishna Nagar Main Road 110051 ALLA0210323 110010012
A-13,Moolchand Shopping Complex, Ring Road, Opp Mulchand Hospital Defence Colony, Lajpatnagar, New Delhi – 110085 ALLA0210363 110010013
A11 Pridarshni Vihar Ground Floor, Laxmi Nagar-110092 ALLA0212357 110010069