EMI: ₹32,502/month at 10.5%. Min income: ₹69,154/month.
A ₹10 Lakh personal loan from IDBI Bank at 10.5% interest for 3 years will cost you ₹32,502 per month as EMI. You will pay a total interest of ₹1,70,072 over the loan tenure. The minimum monthly income needed is ₹69,154 (assuming no existing EMIs).
IDBI Bank Personal Loan EMI for ₹10 Lakh at 10.5% for 3 years is ₹32,502 per month.
You need a minimum monthly income of ₹69,154 for a ₹10 Lakh personal loan from IDBI Bank (at 10.5% rate, assuming no existing EMIs).
The total interest payable on ₹10 Lakh personal loan from IDBI Bank at 10.5% for 3 years is ₹1,70,072.
IDBI Bank charges a processing fee of 1% of loan amount + GST for Personal Loan.
IDBI Bank Personal Loan prepayment policy: 3% of outstanding.