EMI: ₹6,643/month at 12%. Min income: ₹13,286/month.
A ₹2 Lakh personal loan from L&T Finance at 12% interest for 3 years will cost you ₹6,643 per month as EMI. You will pay a total interest of ₹39,148 over the loan tenure. The minimum monthly income needed is ₹13,286 (assuming no existing EMIs).
L&T Finance Personal Loan EMI for ₹2 Lakh at 12% for 3 years is ₹6,643 per month.
You need a minimum monthly income of ₹13,286 for a ₹2 Lakh personal loan from L&T Finance (at 12% rate, assuming no existing EMIs).
The total interest payable on ₹2 Lakh personal loan from L&T Finance at 12% for 3 years is ₹39,148.
L&T Finance charges a processing fee of Up to 4% for Personal Loan.
L&T Finance Personal Loan prepayment policy: 5% of outstanding.