Monthly EMI: ₹16,275 at 10.6% for 3 years. Total interest: ₹85,900.
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With a ₹5 Lakh personal loan from Bank of Baroda at 10.6% for 3 years, you will pay a monthly EMI of ₹16,275. The total amount payable is ₹5,85,900, of which ₹85,900 is interest.
At 10.6% interest rate for 3 years, the EMI for ₹5 Lakh Personal Loan from Bank of Baroda is ₹16,275 per month. Total interest payable: ₹85,900.
Bank of Baroda offers Personal Loan at 10.60 - 14.50% p.a. The actual rate may vary based on your credit score, income, and the loan amount.
For ₹5 Lakh at 10.6% for 3 years, you would pay approximately ₹85,900 as total interest, making the total repayment ₹5,85,900.
Bank of Baroda's prepayment policy for Personal Loan: 3% of outstanding. Making prepayments can significantly reduce your total interest outgo.
Bank of Baroda offers competitive rates starting from 10.60 - 14.50% with tenure up to 7 years. Compare with other banks on this page to find the best option for your ₹5 Lakh personal loan.