The EMI for a 15 lakh home loan is determined by several factors, including loan term, interest rate, and processing fees. For example, if the annual interest rate is 7.5% and the loan term is 20 years, the EMI for a 15 lakh home loan would be around Rs. 12,956 per month. It is important to note, however, that these figures are only estimates and may vary depending on the individuals credit score, income, and other factors considered by the lender. To get an accurate estimate of the EMI for a 15 lakh home loan, use an online EMI calculator.