EMI: ₹23,250/month at 12%. Min income: ₹46,500/month.
A ₹7 Lakh personal loan from L&T Finance at 12% interest for 3 years will cost you ₹23,250 per month as EMI. You will pay a total interest of ₹1,37,000 over the loan tenure. The minimum monthly income needed is ₹46,500 (assuming no existing EMIs).
L&T Finance Personal Loan EMI for ₹7 Lakh at 12% for 3 years is ₹23,250 per month.
You need a minimum monthly income of ₹46,500 for a ₹7 Lakh personal loan from L&T Finance (at 12% rate, assuming no existing EMIs).
The total interest payable on ₹7 Lakh personal loan from L&T Finance at 12% for 3 years is ₹1,37,000.
L&T Finance charges a processing fee of Up to 4% for Personal Loan.
L&T Finance Personal Loan prepayment policy: 5% of outstanding.