Monthly EMI: ₹34,178 at 14% for 3 years. Total interest: ₹2,30,408.
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With a ₹10 Lakh personal loan from Mahindra Finance at 14% for 3 years, you will pay a monthly EMI of ₹34,178. The total amount payable is ₹12,30,408, of which ₹2,30,408 is interest.
At 14% interest rate for 3 years, the EMI for ₹10 Lakh Personal Loan from Mahindra Finance is ₹34,178 per month. Total interest payable: ₹2,30,408.
Mahindra Finance offers Personal Loan at 14.00 - 24.00% p.a. The actual rate may vary based on your credit score, income, and the loan amount.
For ₹10 Lakh at 14% for 3 years, you would pay approximately ₹2,30,408 as total interest, making the total repayment ₹12,30,408.
Mahindra Finance's prepayment policy for Personal Loan: 5% of outstanding. Making prepayments can significantly reduce your total interest outgo.
Mahindra Finance offers competitive rates starting from 14.00 - 24.00% with tenure up to 4 years. Compare with other banks on this page to find the best option for your ₹10 Lakh personal loan.