Monthly EMI: ₹16,488 at 11.5% for 3 years. Total interest: ₹93,568.
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With a ₹5 Lakh personal loan from Karur Vysya Bank at 11.5% for 3 years, you will pay a monthly EMI of ₹16,488. The total amount payable is ₹5,93,568, of which ₹93,568 is interest.
At 11.5% interest rate for 3 years, the EMI for ₹5 Lakh Personal Loan from Karur Vysya Bank is ₹16,488 per month. Total interest payable: ₹93,568.
Karur Vysya Bank offers Personal Loan at 11.50 - 17.00% p.a. The actual rate may vary based on your credit score, income, and the loan amount.
For ₹5 Lakh at 11.5% for 3 years, you would pay approximately ₹93,568 as total interest, making the total repayment ₹5,93,568.
Karur Vysya Bank's prepayment policy for Personal Loan: 3% of outstanding. Making prepayments can significantly reduce your total interest outgo.
Karur Vysya Bank offers competitive rates starting from 11.50 - 17.00% with tenure up to 5 years. Compare with other banks on this page to find the best option for your ₹5 Lakh personal loan.