EMI: ₹9,749/month at 10.49%. Min income: ₹21,665/month.
A ₹3 Lakh personal loan from Federal Bank at 10.49% interest for 3 years will cost you ₹9,749 per month as EMI. You will pay a total interest of ₹50,964 over the loan tenure. The minimum monthly income needed is ₹21,665 (assuming no existing EMIs).
Federal Bank Personal Loan EMI for ₹3 Lakh at 10.49% for 3 years is ₹9,749 per month.
You need a minimum monthly income of ₹21,665 for a ₹3 Lakh personal loan from Federal Bank (at 10.49% rate, assuming no existing EMIs).
The total interest payable on ₹3 Lakh personal loan from Federal Bank at 10.49% for 3 years is ₹50,964.
Federal Bank charges a processing fee of Up to 3% for Personal Loan.
Federal Bank Personal Loan prepayment policy: 5% of outstanding.