🌾 Palakkad 📍 Kerala HRA tiernon-metro Updated2026-05-17

Palakkad Home Loan EMI Calculator 🌾

⚡

Quick answer (Palakkad)

Typical Palakkad home loan: ₹35.00 L at 8.7% over 20 years = ₹30,818/month EMI. Total interest ₹38.96 L. Kerala stamp duty: 8% + 2% registration = ~₹3.50 L extra.

🏠

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.

🌾 Palakkad home loan landscape

Home loans in Palakkad.

Typical ticket

₹35.00 L

mid-segment 2026

Typical rate

8.7%

prime borrower repo-linked

Stamp duty

10%

8% duty + 2% reg

Market overview

Palakkad flats trade at Rs 5,500-9,500 per sq ft with Stadium Bypass and Coimbatore Road leading on IIT Palakkad and Southern Railway divisional HQ demand. The Walayar industrial belt (Kerala-TN border) plus IIT Palakkad and KINFRA Kanjikode have re-rated this market 30-40% in 5 years. Pricing is 20% below Thrissur and on par with Kollam. Supply is mid-rise gated on Coimbatore Road plus traditional Kerala-style independent homes.

What makes Palakkad distinct

Palakkad houses IIT Palakkad (one of the newer IITs), the Southern Railway Palakkad Divisional HQ, and the Walayar industrial corridor straddling the Kerala-Tamil Nadu border - creating a unique IIT-plus-Railway-divisional plus cross-border-industrial salaried pool. Kerala has no women stamp duty discount.

🏘️ Top micromarkets

Popular residential zones in Palakkad.

Sultanpet

Kalpathy

Olavakkode

Stadium Bypass

Coimbatore Road

Thrissur Road

Pirayiri

Marutha Road

🏦 Top lenders

Banks dominating Palakkad home loans.

Federal Bank: hometown Kerala bank, deep IIT and Railway reach

South Indian Bank: aggressive on Walayar industrial salaried

SBI: anchor for Railway and government employees

HDFC: preferred for IIT faculty and gated mid-rise

Top employers driving pre-approved home loan flows: BPCL-Kochi Refinery (commute via Walayar), Instrumentation Limited Palakkad, Malabar Cements, India Pistons Palakkad, Indian Railways Palakkad Division HQ (Southern Railway), KSEB Sabarigiri Hydroelectric (recruiter).

🧮 Worked example

₹35.00 L home loan in Palakkad at 8.7% over 20 years

Loan amount

₹35.00 L

Annual interest rate

8.7%

Term

20 years (240 months)

Monthly EMI

₹30,818

Total interest paid

₹38.96 L

Total paid (principal + interest)

₹73.96 L

+ Stamp duty & registration (10%)

₹3.50 L

❓ FAQ

Palakkad home loan questions.

EMI on a Rs 35 lakh home loan in Palakkad at 8.70% for 20 years? ▾

EMI is approximately Rs 30,818 per month. Total interest is Rs 38.96 lakh over 20 years, total outflow Rs 73.96 lakh.

Best bank for IIT Palakkad faculty? ▾

SBI offers 8.40% under its IIT/IIM/IISc faculty package; Federal Bank matches at 8.45% with hometown advantage.

Stamp duty on a Rs 50 lakh property in Palakkad? ▾

Kerala: 8% stamp duty + 2% registration = 10%. On Rs 50 lakh: Rs 4 lakh + Rs 1 lakh = Rs 5 lakh. Kerala has no women stamp duty discount.

🌆 Other Indian cities

Home loan calculator for other cities.

~8.65% · ₹1.20 Cr avg

~8.5% · ₹78.00 L avg

~8.7% · ₹92.00 L avg

~8.65% · ₹65.00 L avg

~8.7% · ₹68.00 L avg

~8.6% · ₹65.00 L avg

~8.55% · ₹53.00 L avg

~8.65% · ₹55.00 L avg

~8.75% · ₹45.00 L avg

~8.7% · ₹35.00 L avg

~8.65% · ₹40.00 L avg

~8.6% · ₹40.00 L avg

~8.65% · ₹38.00 L avg

~8.6% · ₹45.00 L avg

~8.65% · ₹35.00 L avg

~8.55% · ₹40.00 L avg

~8.7% · ₹28.00 L avg

~8.65% · ₹32.00 L avg

~8.65% · ₹55.00 L avg

~8.65% · ₹35.00 L avg

~8.6% · ₹30.00 L avg

~8.55% · ₹35.00 L avg

~8.6% · ₹42.00 L avg

Pondicherry (Puducherry)

~8.65% · ₹35.00 L avg

~8.7% · ₹55.00 L avg

~8.65% · ₹35.00 L avg

~8.7% · ₹28.00 L avg

~8.7% · ₹32.00 L avg

~8.7% · ₹28.00 L avg

~8.7% · ₹30.00 L avg

~8.75% · ₹35.00 L avg

~8.7% · ₹25.00 L avg

~8.65% · ₹40.00 L avg

Thiruvananthapuram

~8.65% · ₹45.00 L avg

~8.7% · ₹35.00 L avg

~8.7% · ₹28.00 L avg

~8.7% · ₹38.00 L avg

~8.65% · ₹30.00 L avg

~8.7% · ₹25.00 L avg

~8.7% · ₹32.00 L avg

Chhatrapati Sambhaji Nagar

~8.65% · ₹35.00 L avg

~8.7% · ₹26.00 L avg

~8.7% · ₹35.00 L avg

~8.65% · ₹42.00 L avg

~8.7% · ₹35.00 L avg

~8.65% · ₹38.00 L avg

~8.7% · ₹35.00 L avg

~8.7% · ₹40.00 L avg

~8.7% · ₹30.00 L avg

~8.65% · ₹38.00 L avg

~8.7% · ₹28.00 L avg

~8.7% · ₹26.00 L avg

~8.7% · ₹28.00 L avg

~8.7% · ₹25.00 L avg

~8.7% · ₹25.00 L avg

~8.7% · ₹22.00 L avg

~8.7% · ₹25.00 L avg

Hubballi-Dharwad

~8.65% · ₹32.00 L avg

~8.65% · ₹30.00 L avg

~8.7% · ₹32.00 L avg

~8.65% · ₹35.00 L avg

Tiruchirappalli

~8.7% · ₹32.00 L avg

~8.75% · ₹30.00 L avg

~8.65% · ₹40.00 L avg

~8.7% · ₹38.00 L avg

~8.7% · ₹32.00 L avg

~8.6% · ₹42.00 L avg

~8.7% · ₹28.00 L avg

~8.75% · ₹28.00 L avg

~8.55% · ₹55.00 L avg

~8.5% · ₹65.00 L avg

~8.6% · ₹45.00 L avg

~8.85% · ₹25.00 L avg

~8.9% · ₹22.00 L avg

~8.9% · ₹22.00 L avg

~8.95% · ₹28.00 L avg

~8.9% · ₹35.00 L avg

~8.95% · ₹32.00 L avg

~9% · ₹25.00 L avg

~9% · ₹25.00 L avg

~8.9% · ₹22.00 L avg

~8.75% · ₹28.00 L avg

~8.7% · ₹35.00 L avg

~8.8% · ₹22.00 L avg

~8.85% · ₹20.00 L avg

~8.75% · ₹26.00 L avg

~8.8% · ₹24.00 L avg

~8.75% · ₹26.00 L avg

~8.8% · ₹23.00 L avg

~8.8% · ₹24.00 L avg

~8.85% · ₹20.00 L avg

~8.8% · ₹24.00 L avg

~8.75% · ₹32.00 L avg

~8.75% · ₹30.00 L avg

~8.65% · ₹50.00 L avg

~8.8% · ₹26.00 L avg

~8.75% · ₹30.00 L avg

~8.75% · ₹32.00 L avg

~8.8% · ₹24.00 L avg

~8.75% · ₹26.00 L avg

~8.8% · ₹22.00 L avg

~8.75% · ₹30.00 L avg

~8.75% · ₹26.00 L avg

~8.8% · ₹24.00 L avg

~8.8% · ₹22.00 L avg

~8.8% · ₹24.00 L avg

~8.75% · ₹25.00 L avg

~8.8% · ₹22.00 L avg

~8.75% · ₹28.00 L avg

~8.85% · ₹20.00 L avg

~8.8% · ₹23.00 L avg

~8.7% · ₹30.00 L avg

~8.75% · ₹28.00 L avg

~8.85% · ₹20.00 L avg

~8.7% · ₹32.00 L avg

~8.85% · ₹20.00 L avg

~8.9% · ₹18.00 L avg

~8.9% · ₹19.00 L avg

~8.75% · ₹28.00 L avg

~8.7% · ₹30.00 L avg

~8.7% · ₹32.00 L avg

~8.75% · ₹28.00 L avg

~8.7% · ₹30.00 L avg

~8.75% · ₹28.00 L avg

~8.65% · ₹35.00 L avg

~8.65% · ₹40.00 L avg

~8.8% · ₹25.00 L avg

~8.7% · ₹35.00 L avg

~8.7% · ₹32.00 L avg

~8.75% · ₹28.00 L avg

~8.7% · ₹32.00 L avg

~8.7% · ₹35.00 L avg

~8.7% · ₹30.00 L avg

~8.75% · ₹28.00 L avg

~8.75% · ₹28.00 L avg

~8.8% · ₹26.00 L avg

~8.7% · ₹30.00 L avg

~8.65% · ₹38.00 L avg

~8.7% · ₹30.00 L avg

~8.7% · ₹32.00 L avg

~8.75% · ₹28.00 L avg

~8.8% · ₹26.00 L avg

~8.7% · ₹32.00 L avg

~8.75% · ₹35.00 L avg

~8.7% · ₹42.00 L avg

~8.7% · ₹38.00 L avg

~8.7% · ₹32.00 L avg

~8.7% · ₹30.00 L avg

~8.75% · ₹28.00 L avg

~8.7% · ₹30.00 L avg

~8.7% · ₹32.00 L avg

~8.75% · ₹28.00 L avg

~8.75% · ₹28.00 L avg

~8.7% · ₹30.00 L avg

~8.75% · ₹24.00 L avg

~8.8% · ₹28.00 L avg

~8.75% · ₹26.00 L avg

~8.8% · ₹22.00 L avg

~8.75% · ₹28.00 L avg

~8.8% · ₹25.00 L avg

~8.75% · ₹27.00 L avg

~8.8% · ₹26.00 L avg

~8.7% · ₹32.00 L avg

~8.75% · ₹27.00 L avg

~8.65% · ₹45.00 L avg

~8.8% · ₹25.00 L avg

~8.8% · ₹23.00 L avg

~8.8% · ₹24.00 L avg

~8.85% · ₹35.00 L avg

~8.85% · ₹24.00 L avg

~8.9% · ₹28.00 L avg

~8.85% · ₹27.00 L avg

~8.8% · ₹22.00 L avg

~8.85% · ₹19.00 L avg

~8.75% · ₹26.00 L avg

~8.85% · ₹20.00 L avg

~8.8% · ₹21.00 L avg

~8.8% · ₹24.00 L avg

~8.75% · ₹28.00 L avg

~8.85% · ₹25.00 L avg

~8.85% · ₹20.00 L avg

~8.9% · ₹19.00 L avg

~8.9% · ₹20.00 L avg

~8.9% · ₹19.00 L avg

~8.9% · ₹18.00 L avg

~8.95% · ₹17.00 L avg

~8.85% · ₹22.00 L avg

~8.9% · ₹19.00 L avg

~8.9% · ₹20.00 L avg

~9.05% · ₹21.00 L avg

~9.05% · ₹20.00 L avg

~8.85% · ₹17.00 L avg

~8.9% · ₹16.00 L avg

~8.9% · ₹15.00 L avg

Lakhimpur Kheri

~8.95% · ₹14.00 L avg

~8.9% · ₹15.00 L avg

~8.9% · ₹17.00 L avg

~8.9% · ₹16.00 L avg

~8.95% · ₹14.00 L avg

~8.95% · ₹14.00 L avg

~8.9% · ₹18.00 L avg

~8.95% · ₹15.00 L avg

~8.95% · ₹16.00 L avg

~8.9% · ₹18.00 L avg

~8.9% · ₹19.00 L avg

~8.9% · ₹17.00 L avg

~8.95% · ₹14.00 L avg

~8.85% · ₹20.00 L avg

~8.8% · ₹19.00 L avg

~8.85% · ₹17.00 L avg

~8.8% · ₹20.00 L avg

~8.85% · ₹18.00 L avg

~8.8% · ₹19.00 L avg

~8.75% · ₹25.00 L avg

~8.8% · ₹22.00 L avg

~8.85% · ₹21.00 L avg

~8.9% · ₹18.00 L avg

~8.7% · ₹32.00 L avg

~8.8% · ₹24.00 L avg

~8.85% · ₹19.00 L avg

~8.9% · ₹19.00 L avg

~8.75% · ₹28.00 L avg

~8.8% · ₹24.00 L avg

~8.8% · ₹26.00 L avg

~8.8% · ₹22.00 L avg

~8.85% · ₹19.00 L avg

~8.85% · ₹20.00 L avg

~8.9% · ₹18.00 L avg

~8.85% · ₹22.00 L avg

North Lakhimpur

~8.95% · ₹17.00 L avg

~9% · ₹16.00 L avg

~8.85% · ₹20.00 L avg

~8.85% · ₹21.00 L avg

~8.75% · ₹24.00 L avg

~8.8% · ₹22.00 L avg

~8.85% · ₹20.00 L avg

~8.75% · ₹25.00 L avg

~8.8% · ₹26.00 L avg

~8.7% · ₹32.00 L avg

~8.85% · ₹19.00 L avg

~8.8% · ₹24.00 L avg

~8.9% · ₹18.00 L avg

~8.85% · ₹21.00 L avg

~8.9% · ₹19.00 L avg

~8.85% · ₹20.00 L avg

~8.8% · ₹23.00 L avg

~8.9% · ₹24.00 L avg

~8.85% · ₹28.00 L avg

~8.9% · ₹25.00 L avg

~8.85% · ₹19.00 L avg

~8.85% · ₹20.00 L avg

~8.85% · ₹21.00 L avg

~8.8% · ₹28.00 L avg

~8.8% · ₹23.00 L avg

~8.85% · ₹22.00 L avg

~8.9% · ₹20.00 L avg

~8.95% · ₹18.00 L avg

~8.95% · ₹16.00 L avg

~8.9% · ₹17.00 L avg

~8.95% · ₹15.50 L avg

~8.95% · ₹15.00 L avg

~8.9% · ₹18.50 L avg

~8.85% · ₹22.00 L avg

~8.95% · ₹18.00 L avg

~8.85% · ₹24.00 L avg

~8.9% · ₹23.00 L avg

~8.9% · ₹21.00 L avg

~8.9% · ₹20.00 L avg

~8.95% · ₹19.00 L avg

~8.95% · ₹20.00 L avg

~8.9% · ₹22.00 L avg

~8.9% · ₹23.00 L avg

~8.9% · ₹19.00 L avg

~8.9% · ₹20.00 L avg

~8.9% · ₹21.00 L avg

~8.85% · ₹24.00 L avg

~8.95% · ₹19.00 L avg

~8.9% · ₹22.00 L avg

~8.9% · ₹23.00 L avg

~8.95% · ₹17.00 L avg

~8.9% · ₹22.00 L avg

~8.95% · ₹19.00 L avg

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