See how investing a small SIP alongside your home loan EMI can offset the entire interest cost � making your home loan effectively interest-free.
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Personalised EMI for ₹50.0L over 240 months. Rates as of May 2025.
| Bank / NBFC | Interest Rate | Your EMIat starting rate | Monthly Savings | |
|---|---|---|---|---|
BoB Bank of Baroda BESTup to 10.65% | 8.40%p.a. | ₹43,075/month | + ₹1,110/mo₹2.7L total | Apply |
PNB Punjab National Bankup to 10.25% | 8.45%p.a. | ₹43,233/month | + ₹952/mo₹2.3L total | Apply |
SBI State Bank of Indiaup to 10.15% | 8.50%p.a. | ₹43,391/month | + ₹794/mo₹1.9L total | Apply |
LIC LIC Housing Financeup to 10.5% | 8.50%p.a. | ₹43,391/month | + ₹794/mo₹1.9L total | Apply |
BHF Bajaj Housing Financeup to 15% | 8.55%p.a. | ₹43,550/month | + ₹636/mo₹1.5L total | Apply |
HDF HDFC Bankup to 9.65% | 8.75%p.a. | ₹44,186/month | Lowest Rate 🏆 | Apply |
ICI ICICI Bankup to 9.8% | 8.75%p.a. | ₹44,186/month | Lowest Rate 🏆 | Apply |
KMB Kotak Mahindra Bankup to 9.6% | 8.75%p.a. | ₹44,186/month | Lowest Rate 🏆 | Apply |
AXS Axis Bankup to 9.8% | 8.75%p.a. | ₹44,186/month | Lowest Rate 🏆 | Apply |
TAT Tata Capitalup to 12% | 8.75%p.a. | ₹44,186/month | Lowest Rate 🏆 | Apply |
Rates shown are indicative starting rates (best-case, salaried applicants). Actual rate depends on credit score & eligibility. Affiliate links — we may earn a commission at no cost to you.
Compare all 50+ banksZero commission on direct mutual funds. Compare fund choice, features and ratings before you pick.
| Platform | MF Commission | Funds | Key Feature | Rating | |
|---|---|---|---|---|---|
GRW Groww TOP | Free MF | 5,000+ | Simplest UI for beginners | ★★★★★ | Sign Up |
ZER Zerodha Coin FREE | Free | 3,500+ | India's largest broker | ★★★★★ | Sign Up |
AGN Angel One MF | Free MF | 4,000+ | Free demat + AI-led research | ★★★★☆ | Sign Up |
PYT Paytm Money | Free MF | 4,500+ | Built-in goal planning | ★★★★☆ | Sign Up |
ETM ET Money | Free MF | 3,000+ | Smart Deposit + tax-saver flows | ★★★★☆ | Sign Up |
KUV Kuvera | Free | 6,000+ | Family portfolio tracking | ★★★★☆ | Sign Up |
UPS Upstox MF | Free MF | 3,500+ | Combined stocks + MF in 1 app | ★★★★☆ | Sign Up |
ICD ICICI Direct MF | ₹0 MF | 5,000+ | Bank-backed, trusted by HNIs | ★★★☆☆ | Sign Up |
Affiliate links — we may earn a commission at no cost to you. Mutual fund investments are subject to market risk.
Browse all funds on GrowwZero commission on direct mutual funds. Compare fund choice, features and ratings before you pick.
| Platform | MF Commission | Funds | Key Feature | Rating | |
|---|---|---|---|---|---|
GRW Groww TOP | Free MF | 5,000+ | Simplest UI for beginners | ★★★★★ | Sign Up |
ZER Zerodha Coin FREE | Free | 3,500+ | India's largest broker | ★★★★★ | Sign Up |
AGN Angel One MF | Free MF | 4,000+ | Free demat + AI-led research | ★★★★☆ | Sign Up |
PYT Paytm Money | Free MF | 4,500+ | Built-in goal planning | ★★★★☆ | Sign Up |
ETM ET Money | Free MF | 3,000+ | Smart Deposit + tax-saver flows | ★★★★☆ | Sign Up |
KUV Kuvera | Free | 6,000+ | Family portfolio tracking | ★★★★☆ | Sign Up |
UPS Upstox MF | Free MF | 3,500+ | Combined stocks + MF in 1 app | ★★★★☆ | Sign Up |
ICD ICICI Direct MF | ₹0 MF | 5,000+ | Bank-backed, trusted by HNIs | ★★★☆☆ | Sign Up |
Affiliate links — we may earn a commission at no cost to you. Mutual fund investments are subject to market risk.
Browse all funds on GrowwThe strategy works by investing a fixed amount in SIP (equity mutual fund) every month alongside your EMI. Over the loan tenure, SIP returns (historically 12%+) can exceed the total interest paid, making your net effective interest zero or even negative.
No. Equity SIP returns are market-linked and not guaranteed. This calculator shows the mathematical potential. The strategy works well historically but equity returns can vary significantly year-to-year.
Typically investing 20�30% of your EMI amount in an equity mutual fund SIP creates a large enough corpus over 15�20 years to offset the entire loan interest. The calculator shows the optimal SIP amount.
Diversified equity index funds (Nifty 50, Nifty Next 50) or flexi-cap funds work well. These have historically delivered 11�14% CAGR over 15+ year periods. Avoid debt funds for this strategy as returns are insufficient.
Calculate the maturity amount and wealth gained from a monthly SIP investment over any time horizon.
Calculate home loan EMI, total interest payable and amortization schedule for any principal, rate and tenure.
Calculate how much interest and time you save by making a lumpsum prepayment on your existing loan.