Monthly EMI: ₹9,751 at 10.5% for 3 years. Total interest: ₹51,036.
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With a ₹3 Lakh personal loan from IDBI Bank at 10.5% for 3 years, you will pay a monthly EMI of ₹9,751. The total amount payable is ₹3,51,036, of which ₹51,036 is interest.
At 10.5% interest rate for 3 years, the EMI for ₹3 Lakh Personal Loan from IDBI Bank is ₹9,751 per month. Total interest payable: ₹51,036.
IDBI Bank offers Personal Loan at 10.50 - 14.50% p.a. The actual rate may vary based on your credit score, income, and the loan amount.
For ₹3 Lakh at 10.5% for 3 years, you would pay approximately ₹51,036 as total interest, making the total repayment ₹3,51,036.
IDBI Bank's prepayment policy for Personal Loan: 3% of outstanding. Making prepayments can significantly reduce your total interest outgo.
IDBI Bank offers competitive rates starting from 10.50 - 14.50% with tenure up to 5 years. Compare with other banks on this page to find the best option for your ₹3 Lakh personal loan.