Monthly EMI: ₹65,288 at 10.8% for 3 years. Total interest: ₹3,50,368.
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With a ₹20 Lakh personal loan from Union Bank at 10.8% for 3 years, you will pay a monthly EMI of ₹65,288. The total amount payable is ₹23,50,368, of which ₹3,50,368 is interest.
At 10.8% interest rate for 3 years, the EMI for ₹20 Lakh Personal Loan from Union Bank is ₹65,288 per month. Total interest payable: ₹3,50,368.
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 ₹20 Lakh at 10.8% for 3 years, you would pay approximately ₹3,50,368 as total interest, making the total repayment ₹23,50,368.
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 ₹20 Lakh personal loan.