Monthly EMI: ₹6,529 at 10.8% for 3 years. Total interest: ₹35,044.
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With a ₹2 Lakh personal loan from Union Bank at 10.8% for 3 years, you will pay a monthly EMI of ₹6,529. The total amount payable is ₹2,35,044, of which ₹35,044 is interest.
At 10.8% interest rate for 3 years, the EMI for ₹2 Lakh Personal Loan from Union Bank is ₹6,529 per month. Total interest payable: ₹35,044.
Union Bank offers Personal Loan at 10.80 - 14.50% p.a. The actual rate may vary based on your credit score, income, and the loan amount.
For ₹2 Lakh at 10.8% for 3 years, you would pay approximately ₹35,044 as total interest, making the total repayment ₹2,35,044.
Union Bank's prepayment policy for Personal Loan: 3% of outstanding. Making prepayments can significantly reduce your total interest outgo.
Union Bank offers competitive rates starting from 10.80 - 14.50% with tenure up to 5 years. Compare with other banks on this page to find the best option for your ₹2 Lakh personal loan.