Monthly EMI: ₹22,785 at 10.6% for 3 years. Total interest: ₹1,20,260.
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With a ₹7 Lakh personal loan from Bank of Baroda at 10.6% for 3 years, you will pay a monthly EMI of ₹22,785. The total amount payable is ₹8,20,260, of which ₹1,20,260 is interest.
At 10.6% interest rate for 3 years, the EMI for ₹7 Lakh Personal Loan from Bank of Baroda is ₹22,785 per month. Total interest payable: ₹1,20,260.
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 ₹7 Lakh at 10.6% for 3 years, you would pay approximately ₹1,20,260 as total interest, making the total repayment ₹8,20,260.
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 ₹7 Lakh personal loan.