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Mahindra Finance Personal Loan for ₹1 Lakh

EMI: ₹3,418/month at 14%. Min income: ₹6,836/month.

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Your Details
Income Details
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₹
Loan Parameters
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Eligibility Results
Maximum Eligible Loan
₹ 0
Monthly EMI
₹ 0
Total Interest
₹ 0
Total Payment
₹ 0
Monthly Income
₹ 0
Existing EMIs
₹ 0
0%
New Loan EMI
₹ 0
0%
Remaining Income
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0%

Mahindra Finance Personal Loan for ₹1 Lakh - Key Details

Interest Rate
14% p.a.
Monthly EMI
₹3,418
Total Interest
₹23,048
Total Payment
₹1,23,048
Min Income Required
₹6,836/mo
Processing Fee
Up to 3%

A ₹1 Lakh personal loan from Mahindra Finance at 14% interest for 3 years will cost you ₹3,418 per month as EMI. You will pay a total interest of ₹23,048 over the loan tenure. The minimum monthly income needed is ₹6,836 (assuming no existing EMIs).

Frequently Asked Questions

What is Mahindra Finance personal loan EMI for ₹1 Lakh?

Mahindra Finance Personal Loan EMI for ₹1 Lakh at 14% for 3 years is ₹3,418 per month.

What income do I need for ₹1 Lakh personal loan from Mahindra Finance?

You need a minimum monthly income of ₹6,836 for a ₹1 Lakh personal loan from Mahindra Finance (at 14% rate, assuming no existing EMIs).

What is the total interest on ₹1 Lakh personal loan from Mahindra Finance?

The total interest payable on ₹1 Lakh personal loan from Mahindra Finance at 14% for 3 years is ₹23,048.

What is Mahindra Finance's processing fee for ₹1 Lakh personal loan?

Mahindra Finance charges a processing fee of Up to 3% for Personal Loan.

Can I prepay my Mahindra Finance personal loan?

Mahindra Finance Personal Loan prepayment policy: 5% of outstanding.

₹1 Lakh Personal Loan from Other Banks

SBIFrom 11.15 - 14.30%HDFC BankFrom 10.50 - 21.00%ICICI BankFrom 10.75 - 19.00%Axis BankFrom 10.49 - 22.00%Kotak Mahindra BankFrom 10.99 - 24.00%Bank of BarodaFrom 10.60 - 14.50%PNBFrom 10.40 - 14.85%Canara BankFrom 10.55 - 14.20%Union BankFrom 10.80 - 14.50%Indian BankFrom 10.30 - 14.15%

Other Mahindra Finance Personal Loan Amounts

₹2 LakhEMI ₹6,836/mo₹3 LakhEMI ₹10,253/mo₹4 LakhEMI ₹13,671/mo₹5 LakhEMI ₹17,089/mo₹7 LakhEMI ₹23,924/mo₹10 LakhEMI ₹34,178/mo