EMI: ₹6,519/month at 10.7%. Min income: ₹13,871/month.
A ₹2 Lakh personal loan from Central Bank at 10.7% interest for 3 years will cost you ₹6,519 per month as EMI. You will pay a total interest of ₹34,684 over the loan tenure. The minimum monthly income needed is ₹13,871 (assuming no existing EMIs).
Central Bank Personal Loan EMI for ₹2 Lakh at 10.7% for 3 years is ₹6,519 per month.
You need a minimum monthly income of ₹13,871 for a ₹2 Lakh personal loan from Central Bank (at 10.7% rate, assuming no existing EMIs).
The total interest payable on ₹2 Lakh personal loan from Central Bank at 10.7% for 3 years is ₹34,684.
Central Bank charges a processing fee of 1% of loan amount + GST for Personal Loan.
Central Bank Personal Loan prepayment policy: 3% of outstanding.