EMI: ₹16,322/month at 10.8%. Min income: ₹34,728/month.
A ₹5 Lakh personal loan from Union Bank at 10.8% interest for 3 years will cost you ₹16,322 per month as EMI. You will pay a total interest of ₹87,592 over the loan tenure. The minimum monthly income needed is ₹34,728 (assuming no existing EMIs).
Union Bank Personal Loan EMI for ₹5 Lakh at 10.8% for 3 years is ₹16,322 per month.
You need a minimum monthly income of ₹34,728 for a ₹5 Lakh personal loan from Union Bank (at 10.8% rate, assuming no existing EMIs).
The total interest payable on ₹5 Lakh personal loan from Union Bank at 10.8% for 3 years is ₹87,592.
Union Bank charges a processing fee of 1% of loan amount + GST for Personal Loan.
Union Bank Personal Loan prepayment policy: 3% of outstanding.