₹1 crore home may need EMI of about ₹66,900 monthly
In short
A ₹1 crore home could mean taking an ₹80 lakh loan at 8% for 20 years, with an EMI of about ₹66,900 a month.
The report says buyers should check if the payment fits their income. It does not give a single salary number or a specific bank rule.
What the reporting says
Planning to buy a ₹1 crore house can mean an ₹80 lakh home loan at 8% interest over 20 years, with an EMI of around ₹66,900 a month, according to a publisher-supplied summary. The report frames the figure as a guide for affordability and mentions that loan tenure affects repayments. It does not state the salary threshold or any lender-specific rule in the available reporting.
Why it matters
The report gives a home-loan example for a ₹1 crore house: an ₹80 lakh loan at 8% for 20 years and an EMI of about ₹66,900 a month. It uses this to explain affordability and the effect of tenure on monthly payments. The source does not name a lender or state the exact income needed, so the main takeaway is budgeting risk for homebuyers.