EMI: ₹13,286/month at 12%. Min income: ₹26,572/month.
A ₹4 Lakh personal loan from L&T Finance at 12% interest for 3 years will cost you ₹13,286 per month as EMI. You will pay a total interest of ₹78,296 over the loan tenure. The minimum monthly income needed is ₹26,572 (assuming no existing EMIs).
L&T Finance Personal Loan EMI for ₹4 Lakh at 12% for 3 years is ₹13,286 per month.
You need a minimum monthly income of ₹26,572 for a ₹4 Lakh personal loan from L&T Finance (at 12% rate, assuming no existing EMIs).
The total interest payable on ₹4 Lakh personal loan from L&T Finance at 12% for 3 years is ₹78,296.
L&T Finance charges a processing fee of Up to 4% for Personal Loan.
L&T Finance Personal Loan prepayment policy: 5% of outstanding.