EMI: ₹49,002/month at 10.85%. Min income: ₹1,04,260/month.
A ₹15 Lakh personal loan from Bank of India at 10.85% interest for 3 years will cost you ₹49,002 per month as EMI. You will pay a total interest of ₹2,64,072 over the loan tenure. The minimum monthly income needed is ₹1,04,260 (assuming no existing EMIs).
Bank of India Personal Loan EMI for ₹15 Lakh at 10.85% for 3 years is ₹49,002 per month.
You need a minimum monthly income of ₹1,04,260 for a ₹15 Lakh personal loan from Bank of India (at 10.85% rate, assuming no existing EMIs).
The total interest payable on ₹15 Lakh personal loan from Bank of India at 10.85% for 3 years is ₹2,64,072.
Bank of India charges a processing fee of 1.50% of loan amount + GST for Personal Loan.
Bank of India Personal Loan prepayment policy: 3% of outstanding.