🐄 Mehsana 📍 Gujarat HRA tiernon-metro Updated2026-05-17

Mehsana Home Loan EMI Calculator 🐄

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Quick answer (Mehsana)

Typical Mehsana home loan: ₹26.00 L at 8.8% over 20 years = ₹23,059/month EMI. Total interest ₹29.34 L. Gujarat stamp duty: 4.9% + 1% registration = ~₹1.53 L extra.

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Mortgage Calculator

Home Value

LTV 80% · No PMI ✓

Loan Amount

Interest Rate

Term

Total Monthly

$2,496

PITI

Principal + Interest

$1,996

58% goes to interest

Total Interest

$418,527

over 30 years

Monthly Breakdown

Principal & Interest$1,996

Property Tax (1.1%/yr)$344

Homeowner's Insurance (0.5%/yr)$156

Total Monthly$2,496

Principal vs Interest Split

42% principal

58% interest

✨ Live recalculation·Includes P&I, property tax, insurance. Estimates only — consult a licensed lender for exact rates.

🐄 Mehsana home loan landscape

Home loans in Mehsana.

Typical ticket

₹26.00 L

mid-segment 2026

Typical rate

8.8%

prime borrower repo-linked

Stamp duty

5.9%

4.9% duty + 1% reg

Market overview

Mehsana apartment pricing ranges Rs 4,200-6,500 per sq ft with Modhera Road and Highway Road anchoring premium ONGC and dairy-cooperative supply, while Radhanpur Road and Ramosana serve middle-income Patidar trader families. The Ahmedabad-Mehsana NH-48 corridor is creating strong commuter-investor demand. Pricing sits 25-30% below Gandhinagar and aligned with Palanpur. Supply skews 55% apartments, 45% bungalow plots with significant NRI Patidar holdings.

What makes Mehsana distinct

Mehsana hosts ONGC's largest western onshore asset (after Mumbai High) and Dudhsagar Dairy, Asia's largest dairy union by volume, creating two distinct salaried borrower cohorts — petroleum engineers and dairy cooperative managers. The Patidar trader emigrant belt (USA Motel Patels, UK convenience-store owners) makes Mehsana a top-3 NRI investment market in North Gujarat alongside Anand and Vadodara.

🏘️ Top micromarkets

Popular residential zones in Mehsana.

Modhera Road

Highway Road

Radhanpur Road

Visnagar Road

Saraswati Nagar

GIDC Mehsana

Ramosana

Palavasna

🏦 Top lenders

Banks dominating Mehsana home loans.

State Bank of India: dominant on ONGC payroll tie-ups and central PSU files

Mehsana Urban Cooperative Bank: strong relationship lender for local Patidar trader base

HDFC Ltd: preferred for NRI Patidar investment files and Modhera Road premium apartments

Bank of Baroda: home-state PSU strong on Dudhsagar Dairy management and GIDC employees

ICICI Bank: competitive on NRI USA/UK Patidar diaspora investment loans

Top employers driving pre-approved home loan flows: Dudhsagar Dairy (Mehsana District Cooperative Milk Producers Union), Oil and Natural Gas Corporation (ONGC) Mehsana Asset, Mehsana Urban Cooperative Bank, Ganpat University Kherva, Hemchandracharya North Gujarat University Patan extension, GIDC Mehsana industrial units.

🧮 Worked example

₹26.00 L home loan in Mehsana at 8.8% over 20 years

Loan amount

₹26.00 L

Annual interest rate

8.8%

Term

20 years (240 months)

Monthly EMI

₹23,059

Total interest paid

₹29.34 L

Total paid (principal + interest)

₹55.34 L

+ Stamp duty & registration (5.9%)

₹1.53 L

❓ FAQ

Mehsana home loan questions.

What is the EMI on a Rs 26 lakh home loan in Mehsana at 8.80% for 20 years? ▾

At 8.80% p.a. over 20 years, the EMI on Rs 26,00,000 works out to approximately Rs 23,057 per month. Total interest is around Rs 29.33 lakh, making the total outflow roughly Rs 55.33 lakh.

Which bank offers the lowest home loan rate in Mehsana? ▾

SBI leads at 8.50-8.65% for ONGC files via dedicated PSU schemes. Bank of Baroda offers 8.55-8.70%, HDFC and ICICI sit at 8.60-8.75% for NRI Patidar loans, while Mehsana Urban Cooperative Bank offers relationship-priced 8.75-9.10% for trader segment.

Can I include stamp duty in my Mehsana home loan? ▾

No, Gujarat's 4.9% stamp + 1% registration (5.9% total, no women discount) is paid upfront. On a Rs 35 lakh apartment, that's Rs 2.07 lakh out of pocket. NRI Patidar buyers typically wire stamp duty via NRE accounts; resident traders often bridge via Mehsana Urban Cooperative Bank short-tenor loans.