EMI: ₹9,758/month at 10.55%. Min income: ₹20,762/month.
A ₹3 Lakh personal loan from Canara Bank at 10.55% interest for 3 years will cost you ₹9,758 per month as EMI. You will pay a total interest of ₹51,288 over the loan tenure. The minimum monthly income needed is ₹20,762 (assuming no existing EMIs).
Canara Bank Personal Loan EMI for ₹3 Lakh at 10.55% for 3 years is ₹9,758 per month.
You need a minimum monthly income of ₹20,762 for a ₹3 Lakh personal loan from Canara Bank (at 10.55% rate, assuming no existing EMIs).
The total interest payable on ₹3 Lakh personal loan from Canara Bank at 10.55% for 3 years is ₹51,288.
Canara Bank charges a processing fee of 1% of loan amount + GST for Personal Loan.
Canara Bank Personal Loan prepayment policy: 3% of outstanding.