Start with a lower EMI that increases each year as your salary grows. Perfect for young professionals buying their first home.
About Step-Up EMI
Step-Up EMI is a repayment option where your EMI starts low and increases at regular intervals (usually annually). It's designed for young professionals who expect their income to grow over time — letting them afford a bigger loan today with manageable initial payments.
Your initial EMI is significantly lower than a regular EMI, making it easier to afford a larger loan early in your career.
As your salary increases each year, the EMI steps up proportionally — typically 5-15% annually — keeping it aligned with your income.
Step-up EMI lets you qualify for a higher loan amount than regular EMI, since banks consider your future income growth.
Because you pay less in the early years, total interest is slightly higher than a regular EMI loan. Factor this trade-off in.
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