EMI: ₹9,751/month at 10.5%. Min income: ₹20,747/month.
A ₹3 Lakh personal loan from IDBI Bank at 10.5% interest for 3 years will cost you ₹9,751 per month as EMI. You will pay a total interest of ₹51,036 over the loan tenure. The minimum monthly income needed is ₹20,747 (assuming no existing EMIs).
IDBI Bank Personal Loan EMI for ₹3 Lakh at 10.5% for 3 years is ₹9,751 per month.
You need a minimum monthly income of ₹20,747 for a ₹3 Lakh personal loan from IDBI Bank (at 10.5% rate, assuming no existing EMIs).
The total interest payable on ₹3 Lakh personal loan from IDBI Bank at 10.5% for 3 years is ₹51,036.
IDBI Bank charges a processing fee of 1% of loan amount + GST for Personal Loan.
IDBI Bank Personal Loan prepayment policy: 3% of outstanding.