# indiaemi.com

> Free, privacy-first EMI calculators and guides for Indian borrowers. All maths runs in the browser — no signup, no login, no phone number, no data collection.

indiaemi.com is a static site of EMI calculators and guides for Indian borrowers. Every calculator uses the standard reducing-balance formula and runs entirely in the browser: no backend, no signup, no data collection, nothing stored server-side. Tax figures and RBI limits are not hardcoded — they come from a single registry (data/sources.json), each entry carrying its primary source URL and a verification date, published at https://indiaemi.com/sources.html.

## Core EMI calculators
- [Home Loan EMI Calculator with Tax Benefits](https://indiaemi.com/): Calculate your home loan EMI and see your real cost after Section 24(b) and 80C tax savings. Free, accurate, no signup. Made for Indian borrowers.
  - EMI, total interest and total amount payable
  - Month-by-month amortisation schedule
  - Prepayment and part-payment modelling
  - Section 24(b) and 80C tax benefit
  - RBI loan-to-value limits by loan size
  - Downloadable PDF result
  - Excel (XLSX) export
- [Car Loan EMI Calculator](https://indiaemi.com/car-loan-emi-calculator.html): Calculate your car loan EMI with the real numbers: on-road price, down payment, trade-in, and the flat-vs-reducing rate conversion dealers do not volunteer.
  - EMI, total interest and total amount payable
  - Month-by-month amortisation schedule
  - On-road price, down payment and trade-in
  - Flat-rate to reducing-rate conversion
  - Downloadable PDF result
  - Excel (XLSX) export
- [Personal Loan EMI Calculator](https://indiaemi.com/personal-loan-emi-calculator.html): Calculate personal loan EMI for any amount and tenure. Compare interest rates, see total interest payable, and view full amortization schedule.
  - EMI, total interest and total amount payable
  - Month-by-month amortisation schedule
  - Processing fee and GST in the effective rate
  - Flat-rate to reducing-rate conversion
  - Downloadable PDF result
  - Excel (XLSX) export
- [Education Loan EMI Calculator with Section 80E](https://indiaemi.com/education-loan-emi-calculator.html): Calculate education loan EMI with Section 80E tax benefit on interest. Free, no signup. Supports moratorium period typical of student loans.
  - EMI, total interest and total amount payable
  - Month-by-month amortisation schedule
  - Moratorium and simple interest during study
  - Section 80E interest deduction (no cap, 8 years)
  - Downloadable PDF result
  - Excel (XLSX) export
- [Business Loan EMI Calculator](https://indiaemi.com/business-loan-emi-calculator.html): Calculate business loan EMI for working capital, equipment, or expansion. Free tool with full amortization schedule. Built for Indian MSMEs.
  - EMI, total interest and total amount payable
  - Month-by-month amortisation schedule
  - Interest deductible as a business expense
  - Processing fee and GST
  - Downloadable PDF result
  - Excel (XLSX) export

## Loan types with India-specific traps
- [Gold Loan Calculator — RBI LTV tiers & bullet trap](https://indiaemi.com/calculators/gold-loan.html): How much you can raise against gold. RBI tiers LTV at 85/80/75% by loan size, and for bullet loans measures it on the amount repayable at maturity — not today.
  - EMI and bullet repayment
  - RBI loan-to-value tiers: 85% up to ₹2.5 lakh, 80% to ₹5 lakh, 75% above
  - Bullet LTV measured on the amount repayable at maturity, as RBI requires
  - Maximum loan from gold weight and purity
  - Gold price fall before a top-up call
  - Downloadable PDF result
- [Two-Wheeler Loan EMI — flat vs reducing rate](https://indiaemi.com/calculators/two-wheeler-loan.html): Dealers quote two-wheeler loans at a flat rate. 8% flat is about 14.5% reducing over 36 months — roughly 1.8x the interest you think you are paying. Convert it.
  - EMI, total interest and total amount payable
  - On-road price, down payment and insurance
  - Flat-rate to reducing-rate conversion
  - Downloadable PDF result
- [Credit Card EMI — what no-cost EMI really costs](https://indiaemi.com/calculators/credit-card-emi.html): No-cost EMI is not free. The bank charges interest then discounts it back, but the GST on that interest is never refunded. See the real effective rate.
  - The real cost of a no-cost EMI offer
  - GST on interest, which is never refunded
  - Processing fee and GST on it
  - Effective annual rate against the advertised rate
  - Downloadable PDF result
- [Loan Against Property Calculator — LTV & tax](https://indiaemi.com/calculators/loan-against-property.html): RBI sets no LTV cap on a loan against property — the "75%/65%" rule you have read is fabricated. LAP interest is deductible only by end use. EMI, LTV and tax.
  - EMI and total interest
  - Tax treatment by end use: house, business or personal
  - No RBI loan-to-value cap exists — lender policy governs
  - Deductible or not depends on what you spend the money on, not the mortgage
  - Downloadable PDF result

## Tax
- [Home Loan Tax Benefit Calculator — 24(b) & 80C](https://indiaemi.com/tax-benefit-calculator.html): Your real home loan tax saving, year by year. Applies the ₹2 lakh Section 24(b) cap to your actual amortisation, plus 80C, under both the old and new regime.
  - Month-by-month amortisation schedule
  - Section 24(b) interest deduction against the ₹2,00,000 cap
  - Section 80C principal deduction against the ₹1,50,000 cap
  - Old regime versus new regime side by side
  - Income-tax Act 2025 section references (in force 1 April 2026)
  - Year-by-year deduction as interest falls
  - Downloadable PDF result
- [Income-tax Act 2025 vs 1961 — home loan sections](https://indiaemi.com/income-tax-act-2025-home-loan.html): The Income-tax Act 2025 took effect 1 April 2026 and renumbered every section. Section 24(b) is now s.22; 80C is now s.123. The mapping, with primary sources.

## Advanced calculators
- [Loan Affordability Calculator](https://indiaemi.com/calculators/affordability.html): How much property can you actually buy? Uses your income AND your savings — FOIR, the RBI loan-to-value tier, the down payment, and the stamp duty you can't borrow.
  - Maximum property price from income and savings
  - FOIR on gross or net income
  - Loan-to-value limit and required down payment
  - Stamp duty and registration excluded from property value, as RBI requires
  - Existing EMIs netted off
  - Downloadable PDF result
- [Prepayment Optimizer](https://indiaemi.com/calculators/prepayment.html): Four prepayment strategies run against your loan: one extra EMI a year, a 5% step-up, a monthly top-up, or a lump sum. Interest saved, months saved, per rupee.
  - Four prepayment blueprints compared side by side
  - Lump sum, recurring or one-extra-EMI-a-year
  - Reduce tenure versus reduce EMI
  - Interest saved and months saved
  - RBI prepayment charge rules for loans sanctioned from 1 January 2026
  - Downloadable PDF result
- [Prepay vs Invest Calculator](https://indiaemi.com/calculators/prepay-vs-invest.html): Should you prepay your loan or invest the surplus? After-tax math comparing effective loan cost vs effective investment return.
  - Net-of-tax comparison of prepaying against investing
  - Section 24(b) relief only on interest within the cap
  - Equity taxed at 12.5% LTCG, debt at your slab rate
  - Old and new regime
  - Year-by-year wealth simulation
  - Downloadable PDF result
- [Home Loan Balance Transfer Calculator](https://indiaemi.com/calculators/balance-transfer.html): Should you transfer your home loan to a new bank? Enter your loan, rate, tenure and the new offer for a clear yes/no verdict with break-even.
  - Interest saved by moving the loan
  - Processing fee, legal and valuation costs
  - Breakeven month
  - Downloadable PDF result
- [Refinance Breakeven Calculator](https://indiaemi.com/calculators/refinance.html): Find out when refinancing your loan pays off. Calculator shows the exact month when the new lower rate offsets all the switching fees.
  - Breakeven month on a refinance
  - All-in switching cost against interest saved
  - The verdict: switch, or stay put
  - Downloadable PDF result
- [Rate Sensitivity Calculator](https://indiaemi.com/calculators/rate-sensitivity.html): Stress-test your floating-rate loan EMI. See what happens to your EMI and total interest under ±1%, ±2%, ±3% rate change scenarios.
  - EMI and interest across a range of rates
  - Impact of a repo rate change
  - Tenure extension versus EMI increase at reset
  - Downloadable PDF result
- [Step-up EMI Calculator](https://indiaemi.com/calculators/step-up.html): A step-up EMI starts low and rises with your income. See the lifetime interest premium you pay for that early flexibility, and the salary growth it quietly assumes.
  - Year-by-year table of EMI, principal, interest and balance
  - Step-up EMI against a level EMI
  - Lifetime interest premium of starting low
  - Salary growth needed to sustain the step-up
  - Downloadable PDF result
- [Compare Loans Side by Side](https://indiaemi.com/calculators/compare.html): Compare up to 3 loan offers side by side. See EMI, total interest, total cost, and how the outstanding balance falls over time on one chart.
  - Up to three loan offers side by side
  - EMI, total interest and total cost per offer
  - Cheapest offer by total cost, called for you
  - Downloadable PDF result
- [Multi-Loan Stack Calculator](https://indiaemi.com/calculators/multi-loan.html): Add all your loan EMIs in one place — home, car, personal, credit card. See your total debt-to-income ratio (FOIR) and how it affects new credit approval.
  - Your total FOIR — every EMI against your income
  - Home, car, credit card, education and other EMIs in one place
  - How much of your income is left once every EMI is paid
  - Whether a lender reads that FOIR as comfortable or stretched
  - Downloadable PDF result

## Bank-specific home loan EMI calculators
- [SBI Home Loan EMI Calculator](https://indiaemi.com/banks/sbi.html): Free SBI home loan EMI calculator. Calculate monthly EMI with SBI's typical rates (8.50% to 9.65%). See effective cost after tax benefits.
  - EMI, total interest and total amount payable
  - Principal-versus-interest split of the total repayment
  - SBI's published home loan rate slabs, tenure and processing fee
  - Effective cost after Section 24(b) and 80C relief
  - Independent of SBI — we don't sell loans or pass your details to anyone
  - Downloadable PDF result
- [HDFC Home Loan EMI Calculator](https://indiaemi.com/banks/hdfc.html): Free HDFC home loan EMI calculator (post-merger with HDFC Ltd). Calculate monthly EMI with typical rates from 8.75%. Tax-aware effective cost shown.
  - EMI, total interest and total amount payable
  - Principal-versus-interest split of the total repayment
  - HDFC's published home loan rate slabs, tenure and processing fee
  - Effective cost after Section 24(b) and 80C relief
  - Independent of HDFC — we don't sell loans or pass your details to anyone
  - Downloadable PDF result
- [ICICI Home Loan EMI Calculator](https://indiaemi.com/banks/icici.html): Free ICICI home loan EMI calculator. Calculate monthly EMI with ICICI's typical rates (8.75% to 9.85%). See effective cost after tax benefits.
  - EMI, total interest and total amount payable
  - Principal-versus-interest split of the total repayment
  - ICICI's published home loan rate slabs, tenure and processing fee
  - Effective cost after Section 24(b) and 80C relief
  - Independent of ICICI — we don't sell loans or pass your details to anyone
  - Downloadable PDF result
- [Axis Home Loan EMI Calculator](https://indiaemi.com/banks/axis.html): Free Axis home loan EMI calculator. Calculate monthly EMI with Axis's typical rates (8.75% to 13.30%). See effective cost after tax benefits.
  - EMI, total interest and total amount payable
  - Principal-versus-interest split of the total repayment
  - Axis Bank's published home loan rate slabs, tenure and processing fee
  - Effective cost after Section 24(b) and 80C relief
  - Independent of Axis Bank — we don't sell loans or pass your details to anyone
  - Downloadable PDF result
- [Kotak Home Loan EMI Calculator](https://indiaemi.com/banks/kotak.html): Free Kotak Mahindra Bank home loan EMI calculator. Calculate monthly EMI with typical rates. See effective cost after tax benefits.
  - EMI, total interest and total amount payable
  - Principal-versus-interest split of the total repayment
  - Kotak's published home loan rate slabs, tenure and processing fee
  - Effective cost after Section 24(b) and 80C relief
  - Independent of Kotak — we don't sell loans or pass your details to anyone
  - Downloadable PDF result
- [PNB Home Loan EMI Calculator](https://indiaemi.com/banks/pnb.html): Free Punjab National Bank (PNB) home loan EMI calculator. Calculate monthly EMI with typical rates from 8.50%. Tax-aware effective cost.
  - EMI, total interest and total amount payable
  - Principal-versus-interest split of the total repayment
  - PNB's published home loan rate slabs, tenure and processing fee
  - Effective cost after Section 24(b) and 80C relief
  - Independent of PNB — we don't sell loans or pass your details to anyone
  - Downloadable PDF result
- [Bank of Baroda Home Loan EMI Calculator](https://indiaemi.com/banks/bob.html): Free Bank of Baroda home loan EMI calculator with typical rates (8.40% to 10.65%). See your monthly EMI and effective cost after tax benefits.
  - EMI, total interest and total amount payable
  - Principal-versus-interest split of the total repayment
  - Bank of Baroda's published home loan rate slabs, tenure and processing fee
  - Effective cost after Section 24(b) and 80C relief
  - Independent of Bank of Baroda — we don't sell loans or pass your details to anyone
  - Downloadable PDF result
- [Canara Bank Home Loan EMI Calculator](https://indiaemi.com/banks/canara.html): Free Canara Bank home loan EMI calculator. Calculate monthly EMI with Canara Bank's typical rates (8.40% to 11.25%). See effective cost after tax benefits.
  - EMI, total interest and total amount payable
  - Principal-versus-interest split of the total repayment
  - Canara Bank's published home loan rate slabs, tenure and processing fee
  - Effective cost after Section 24(b) and 80C relief
  - Independent of Canara Bank — we don't sell loans or pass your details to anyone
  - Downloadable PDF result
- [IndusInd Home Loan EMI Calculator](https://indiaemi.com/banks/indusind.html): Free IndusInd home loan EMI calculator. Calculate monthly EMI with IndusInd's typical rates (8.85% to 12.50%). See effective cost after tax benefits.
  - EMI, total interest and total amount payable
  - Principal-versus-interest split of the total repayment
  - IndusInd Bank's published home loan rate slabs, tenure and processing fee
  - Effective cost after Section 24(b) and 80C relief
  - Independent of IndusInd Bank — we don't sell loans or pass your details to anyone
  - Downloadable PDF result
- [Federal Bank Home Loan EMI Calculator](https://indiaemi.com/banks/federal.html): Free Federal Bank home loan EMI calculator with typical rates. See monthly EMI, total interest, and effective cost after tax benefits.
  - EMI, total interest and total amount payable
  - Principal-versus-interest split of the total repayment
  - Federal Bank's published home loan rate slabs, tenure and processing fee
  - Effective cost after Section 24(b) and 80C relief
  - Independent of Federal Bank — we don't sell loans or pass your details to anyone
  - Downloadable PDF result

## Reference
- [Sources & standards — every regulated figure](https://indiaemi.com/sources.html): Every tax and RBI figure this site states, its current value, the primary source it comes from, and the date it was last verified. One page, no hand-waving.
- [What changed — home loan tax & RBI rules, dated](https://indiaemi.com/whats-changed.html): A dated record of every tax and RBI change affecting Indian home loans — the Income-tax Act 2025 renumbering, Budget 2025 slabs, LTCG, and RBI prepayment rules.
- [Loan & EMI Formulas Explained](https://indiaemi.com/formulas.html): The exact formulas behind every indiaemi.com calculator — EMI, amortization, prepayment, balance transfer, affordability and more, with worked examples.
- [How EMI Works — The Math Behind Loan EMI Calculations](https://indiaemi.com/how-emi-works.html): Complete explanation of EMI calculation formula, amortization schedules, and how Indian banks compute monthly installments. With worked examples.
- [Loan & EMI Glossary](https://indiaemi.com/glossary.html): Definitions for terms you encounter when applying for a loan in India. CIBIL, EBLR, FOIR, LTV, MCLR, and more.
- [FAQ — Common Questions About EMI Calculators](https://indiaemi.com/faq.html): 63 searchable FAQs on EMI calculations, home loan tax benefits, prepayment, FOIR eligibility, LTV limits and balance transfers for Indian borrowers. Every figure verified against the amortisation formula.

## Guides
- [Blog](https://indiaemi.com/blog/): Long-form analysis of 13 important EMI and home loan topics — tax regime, prepayment math, eligibility, joint loans, CIBIL, rent vs buy, LAP, and more.
- [How to reduce your home loan EMI: 7 ways](https://indiaemi.com/blog/how-to-reduce-home-loan-emi.html): Seven proven ways to lower your home loan EMI in India — prepayment, balance transfer, rate negotiation and more, ranked by real rupee savings.
- [MCLR vs EBLR vs Base Rate — which is your loan on?](https://indiaemi.com/blog/mclr-vs-eblr-vs-base-rate.html): Your home loan benchmark decides how fast RBI rate cuts reach you. MCLR, EBLR and base rate explained — and how to switch to a repo-linked rate.
- [How much home loan can I get on my salary?](https://indiaemi.com/blog/how-much-home-loan-on-my-salary.html): How Indian banks decide your home loan eligibility from your salary — the FOIR limit, the tenure effect, and a quick rule of thumb to estimate it.
- [Section 24(b) & 80C home loan tax guide](https://indiaemi.com/blog/section-24b-80c-home-loan-tax-guide.html): Home loan tax deductions in India explained: Section 24(b) on interest, 80C on principal, the new-regime trap, and how a joint loan doubles the benefit.
- [Is a home loan balance transfer worth it in 2026?](https://indiaemi.com/blog/is-balance-transfer-worth-it-2026.html): When switching your home loan to a lower rate actually saves money — the break-even calculation, the 0.5% rule, the hidden costs, and the top-up opportunity.
- [Prepayment: reduce EMI or reduce tenure?](https://indiaemi.com/blog/reduce-emi-or-reduce-tenure.html): When you prepay your home loan, should you cut the EMI or the tenure? The rupee difference, a worked example, and when each choice is right.
- [Cheapest way to borrow money in India](https://indiaemi.com/blog/cheapest-way-to-borrow-money-india.html): The cheapest ways to borrow a lump sum in India, ranked — home-loan top-up, loan against property, gold loan, personal loan and credit cards.
- [Good CIBIL score for a home loan](https://indiaemi.com/blog/good-cibil-score-for-home-loan.html): The CIBIL score you need for a home loan, what it costs at each band, and a 6-month plan to improve your score before you apply.
- [Flat rate vs reducing balance explained](https://indiaemi.com/blog/flat-rate-vs-reducing-balance.html): Why a 9% flat car or personal loan really costs about 16%. How flat interest doubles your cost, and the simple rule that protects you.
- [Why your EMI didn't fall after the RBI rate cut](https://indiaemi.com/blog/why-emi-didnt-fall-after-rbi-rate-cut.html): The RBI cut rates but your EMI did not move? Four reasons — old benchmark, tenure change, reset date, fixed spread — and how to get the cut you are owed.
- [Home loan eligibility — how banks decide](https://indiaemi.com/blog/home-loan-eligibility-explained.html): Banks use a simple debt-to-income formula behind the marketing language. Here is the actual math, and how to know your eligibility before applying.
- [Joint home loan — when a co-applicant saves lakhs](https://indiaemi.com/blog/joint-home-loan-tax-benefits.html): A joint home loan with your spouse can double your tax deductions and increase your loan eligibility. Here is when it works and when it does not.
- [What your CIBIL score costs on a home loan](https://indiaemi.com/blog/cibil-score-effect-on-home-loan.html): The difference between a 790 and 720 CIBIL score on a ₹50L home loan is more than ₹4 lakhs of interest. Here is the math, and what to fix before applying.
- [Home loan vs rent — the actual NPV math](https://indiaemi.com/blog/home-loan-vs-rent-npv-analysis.html): Rent-vs-buy advice in India is mostly anecdotal. Here is a proper NPV model with all the inputs — EMI, taxes, opportunity cost, appreciation — and what it says.
- [Loan against property — when it makes sense](https://indiaemi.com/blog/loan-against-property-when-it-makes-sense.html): A loan against property gets you cheaper interest than a personal loan, but you risk your home as collateral. Here is when the trade-off is worth it.
- [Old vs new tax regime for home loan borrowers](https://indiaemi.com/blog/old-vs-new-tax-regime-home-loan.html): A working calculation of when the old regime beats the new regime for someone with a home loan — and when it does not.
- [When Prepayment Loses to Investing](https://indiaemi.com/blog/when-prepaying-home-loan-is-mathematically-worse.html): A worked analysis of when prepaying your home loan is mathematically worse than investing the same amount. With realistic tax-adjusted returns.
- [The math behind home loan balance transfer](https://indiaemi.com/blog/home-loan-balance-transfer-math.html): When refinancing your home loan saves you money, when it does not, and the break-even calculation banks do not want you to see.
- [RBI Repo Rate — Your EMI Under Rate Hikes](https://indiaemi.com/blog/rbi-repo-rate-scenarios.html): A historical analysis of how RBI repo rate changes affect Indian home loan EMIs. See your monthly EMI under 1%, 2%, and 3% rate-hike scenarios.
- [Why Bank EMI Differs from Calculator](https://indiaemi.com/blog/why-bank-emi-different-from-online.html): A technical explanation of small differences between EMI calculator output and what banks actually charge: rounding, day-count, and disbursement timing.
- [Section 80EEA — closed, but claimable on old loans](https://indiaemi.com/blog/section-80eea-home-loan-benefit.html): Section 80EEA closed to new borrowers on 31 March 2022 and was never extended. If your loan was sanctioned inside the window, you can still claim ₹1.5 lakh a year.
- [Pre-EMI vs full EMI on under-construction property](https://indiaemi.com/blog/pre-emi-vs-full-emi-under-construction.html): During construction, you have a choice: pay only interest (pre-EMI) or pay the full EMI from day one. The math is more nuanced than the bank explains.
- [What "EMI in advance" means on your car loan](https://indiaemi.com/blog/emi-in-advance-vs-arrears-car-loan.html): A subtle but expensive choice on car loans: whether the first EMI is paid upfront or at the end of month one. The total interest cost differs by thousands.

## About
- [About indiaemi.com — Honest EMI Calculator for India](https://indiaemi.com/about.html): Independent, privacy-respecting EMI calculator built for Indian borrowers. No lead generation, no signup, no tracking of loan inputs.
- [Contact indiaemi.com — Get in Touch](https://indiaemi.com/contact.html): Contact indiaemi.com for feedback, bug reports, or feature requests. Reach the maintainer directly by email. Replies within 2-5 business days.
- [More Free Tools](https://indiaemi.com/more-tools.html): A curated list of other free, no-signup tools from the same family of focused single-purpose utilities.
- [Embed Free EMI Calculator Widget](https://indiaemi.com/embed-widget.html): Embed our free EMI calculator on your website with one line of HTML. Indian formatting, no signup, no API key. Home, car, and personal loan support.
- [Privacy Policy](https://indiaemi.com/privacy.html): Privacy policy for indiaemi.com. Your loan inputs never leave your browser. Third-party analytics and ad services may set cookies.
- [Terms of Service](https://indiaemi.com/terms.html): Terms of service for indiaemi.com EMI Calculator. Free for personal and commercial use. No warranty. Provided as-is. Verify final figures with your lender.

## Key facts
Generated from data/sources.json. Each figure carries its authority and primary source. Verified 2026-07-15; see https://indiaemi.com/sources.html for the full register and https://indiaemi.com/whats-changed.html for the dated changelog.

- **RBI policy repo rate and typical home-loan EBLR spread**: RBI policy repo rate 5.25% (as of 2026-07). A typical home-loan EBLR runs repo + 2.25–3.5% for a salaried borrower with good credit — observed lender practice, not a regulated spread. This is the most perishable value on the site; it is deliberately static and dated, not fetched live. [RBI Monetary Policy Committee] Source: https://www.rbi.org.in/scripts/annualpolicy.aspx
- **Interest deduction cap — self-occupied property**: ₹2,00,000 per year. Old tax regime only — unavailable under the new regime. [Income-tax Act, 2025 s.22(1)(b) & (c); cap in s.22(2) (was s.24(b) under the 1961 Act)] Source: https://www.incometaxindia.gov.in/w/section-22-218
- **Principal repayment deduction cap (shared with EPF, PPF, ELSS, insurance)**: ₹1,50,000 per year. Old tax regime only — unavailable under the new regime. [Income-tax Act, 2025 s.123, read with Schedule XV (was s.80C under the 1961 Act)] Source: https://www.incometaxindia.gov.in/w/section-123-96
- **Education loan interest — no cap, 8 years**: Old tax regime only — unavailable under the new regime. [Income-tax Act, 2025 s.129 (was s.80E under the 1961 Act)] Source: https://www.incometaxindia.gov.in/w/section-129-90
- **Additional interest deduction — first-time buyers (CLOSED)**: CLOSED — not claimable on any loan sanctioned after 31 March 2022. Sanction window closed 31 March 2022. Re-enacted verbatim in the 2025 Act as s.131, but no new borrower can claim it. Existing claimants continue to the end of their loan. Old tax regime only — unavailable under the new regime. [Income-tax Act, 2025 s.131 (was s.80EEA under the 1961 Act)] Source: https://www.incometaxindia.gov.in/w/section-131-90
- **Additional interest deduction — first-time buyers, FY 2016-17 window (CLOSED)**: CLOSED — not claimable on any loan sanctioned after 31 March 2017. Sanction window was FY 2016-17 only. Closed 31 March 2017. Old tax regime only — unavailable under the new regime. [Income-tax Act, 2025 s.130 (was s.80EE under the 1961 Act)] Source: https://www.incometaxindia.gov.in/w/section-130-90
- **Rebate — wipes tax to nil below the threshold** [Income-tax Act, 2025 s.156 — s.156(1) old regime, s.156(2) new regime (was s.87A under the 1961 Act)] Source: https://www.incometaxindia.gov.in/w/section-156-84
- **Long-term capital gains — listed equity**: Listed equity LTCG 12.5%, annual exemption ₹1,25,000. [Finance (No.2) Act, 2024] Source: https://www.incometaxindia.gov.in/finance-acts
- **Loan-to-Value ceilings — individual housing loans**: Housing loan LTV ceilings, keyed on LOAN amount not property value: 90% up to ₹30,00,000, 80% up to ₹75,00,000, 75% above that. Stamp duty and registration cannot be counted toward property value. [RBI (Commercial Banks — Credit Facilities) Directions, 2025, para 111] Source: https://rbi.org.in/scripts/BS_ViewMasDirections.aspx?id=13156
- **Gold loan LTV ceilings — CONSUMPTION loans only**: Gold loan LTV, CONSUMPTION loans only, tiered on total per borrower: 85% up to ₹2,50,000, 80% up to ₹5,00,000, 75% above that. For bullet loans LTV is measured on the amount repayable at MATURITY, not at disbursal. Business gold loans have no RBI LTV cap. [RBI (Commercial Banks — Credit Facilities) Directions, 2025, para 44] Source: https://rbi.org.in/scripts/BS_ViewMasDirections.aspx?id=13156
- **Loan against property — RBI LTV cap**: There is NO RBI LTV cap for loan against property. Any "75%/65% RBI rule" is fabricated; lender policy governs. [None. RBI prescribes no LTV cap for LAP.] Source: https://www.rbi.org.in/Scripts/BS_ViewMasDirections.aspx?id=12939
- **Prepayment / foreclosure charges — floating-rate loans**: Nil prepayment/foreclosure charges on floating-rate loans to individuals for non-business purposes — any amount, any source, no lock-in. Extended to floating-rate business loans to individuals and MSEs from 2026-01-01. [RBI (Pre-payment Charges on Loans) Directions, 2025] Source: https://www.rbi.org.in/Scripts/BS_ViewMasDirections.aspx
- **Fixed Obligation to Income Ratio ceiling**: FOIR 50–55% is observed lender practice, NOT an RBI rule. No regulatory FOIR cap exists. [Lender underwriting practice — NOT an RBI rule]

## Recent regulatory changes
- **2026-04-01** — Income-tax Act, 2025 comes into force — the 1961 Act is repealed
- **2026-04-01** — Finance Act 2026 pulls pre-construction interest inside the ₹2 lakh ceiling
- **2025-11-28** — RBI withdraws 9,445 circulars and consolidates into 244 Master Directions
- **2026-01-01** — RBI prepayment charges ban extends to business loans and MSEs
- **2025-06-06** — Gold loan LTV becomes tiered — 85% / 80% / 75%
- **2025-02-01** — Budget 2025 restructures the new regime — and inverts the old-vs-new advice

## Full content
- [llms-full.txt](https://indiaemi.com/llms-full.txt): the prose of every reference page and guide.